Vinit Mobile
07 Jul '26SME
Min. Investment
₹2,40,000
Issue size
₹34.13 Cr
GMP
Locked
Overall subscription: 0.46x
Expert verdict
IPO dates
30 Jun
Opening
02 Jul
Closing
03 Jul
Allotment
07 Jul
Listing
*Refunds will be initiated on 06 Jul '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1600 | ₹2,52,800 |
Subscription (as on 01 July 2026, 06:30 PM)
Overall0.46x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2011|MD: Mr. Vinit Jalan
- Vinit Mobile Limited is a multi-brand mobile retail company that sells mobile phones, tablets, and mobile accessories through its company-owned and company-operated (COCO) retail stores. The company operates 35 retail outlets across Surat district, Gujarat, and Jaipur district, Rajasthan, under the brands Vinit Mobile Limited, VR Mobile, and RJ Mobile. It offers smartphones from brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, OnePlus, Motorola, and Realme, along with accessories including chargers, earphones, power banks, smartwatches, screen guards, and mobile covers.
- The company also facilitates customer financing through third-party financial institutions, provides after-sales assistance through authorised service centres, and undertakes bulk B2B sales of mobile phones and accessories to retailers and corporate customers. Store operations, inventory management, billing, and customer engagement are managed through its centralised APX ERP software platform.
Issue Details & Objective
Lot size
800 Shares
Price band
₹150 to 158
Face value
₹10 per share
Financials
IPO reservation
QIB - 1.05%
HNI - 40.00%
Retail - 58.95%
Download DRHP (IPO Doc)FAQs
Should I apply for the Vinit Mobile IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Vinit Mobile IPO?
The issue size of Vinit Mobile IPO is ₹34.13 Cr
What are the open and close dates for Vinit Mobile IPO?
The Vinit Mobile IPO will be open for applications from 30 Jun '26 to 02 Jul '26
What is the lot size and minimum order quantity of Vinit Mobile IPO?
The lot size of Vinit Mobile IPO is 800 Shares and its minimum investment amount is ₹2,40,000.
What is the GMP value of Vinit Mobile IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Vinit Mobile IPO is 18.99
