Vinit Mobile
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Vinit Mobile
Price 150 to 158
GMP Rumors ₹2
Lot size 800
Issue size ₹34.13 Cr
Allotment 03-07-2026
Listing 07-07-2026
Suggestion Avoid
Allotment Status Bigshare
Video https://youtu.be/be_ByNzKcj4
All Info. Education Purpose Only.

About

NSE List Price : ₹155.00

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Category Times
QIBs 1x
HNIs 0.93x
Retail 2.18x
Total : 1.67x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 2 1,600 ₹252,800
Retail Maximum 2 1,600 ₹252,800
S-HNI Minimum 3 2,400 ₹379,200
S-HNI Maximum 7 5,600 ₹884,800
B-HNI Minimum 8 6,400 ₹1,011,200

About the Company

Established in 2011, Vinit Mobile is a leading multi-brand mobile phone retailer offering smartphones from brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus. The company also sells tablets, mobile accessories, earphones, chargers, power banks, screen protectors, mobile covers, and data cards. It operates 35 company-owned retail stores across Surat, including Pandesara, Kadodara, Sachin, Amroli, Hazira, Sayan, Saroli, and Nilgiri. Vinit Mobile has tie-ups with financial institutions such as Bajaj Finserv, HDB Financial Services, and TVS Credit to provide EMI and financing options, while also catering to bulk corporate customers through its B2B sales business.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2024 ₹28.59 ₹27.62 ₹0.72 ₹7.41
2025 ₹60.63 ₹55.42 ₹3.90 ₹13.34
Dec 2025 ₹56.01 ₹49.20 ₹5.11 ₹25.04

Company Promoter

Mr. Vinit Jalan

Mrs. Shweta Jalan

Know before investing

  • • Strengths

    Company-Owned Retail Presence: Operates a fully Company-Owned Company-Operated (COCO) store network, providing greater control over retail operations, inventory, customer service, and a consistent brand experience. Experienced Leadership: Guided by seasoned promoters and a skilled management team with extensive expertise in the mobile retail industry, supporting efficient operations and long-term business growth
    Diversified Brand Portfolio & Financing Tie-ups Offers smartphones and accessories from leading brands while partnering with financial institutions to provide EMI and financing options. This broad product mix and strategic collaborations strengthen customer reach and drive sales growth.
     

  • • Risks

    Promoter Business Risk:The promoter’s prior similar business activities may create potential business continuity or conflict-related concerns.
    Store Performance Risk Weak performance or closure of retail outlets may impact revenue and profitability.
    Regulatory Risk Delays in obtaining or renewing statutory registrations and licenses may disrupt business operations.
     

Objects of the Issue & Utilisation of proceeds

Funding the Establishment of New Retail Stores Meeting Working Capital Requirements General Corporate Purposes
 

Company  Address

Vinit Mobile Ltd.
Plot no. 358, Ground, 1st & 2nd floor
Gopal Nagar, Bamroli Althan Expressway,
Pandesara
Surat, Gujarat, 394221
Phone: +91 9227984148
Email: compliance@vinitmobile.com

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Review

Avoid 

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