Vinit Mobile IPO
Bookbuilding IPO | ₹34.00 Cr | Listing at NSE SME
Closed
IPO Open
Tue, Jun 30, 2026
IPO Close
Thu, Jul 02, 2026
Price Band
₹150.00 to ₹158.00
Market Cap (Pre-IPO)
₹97.49 Cr
IPO Details
| IPO Date | Jun 30, 2026 to Jul 02, 2026 |
| Listing Date | Tentative: Jul 07, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹150.00 to ₹158.00 |
| Lot Size | 800 Shares (Minimum: ₹126,400.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Issue Size | ₹34.00 Crores |
| Total Shares Offered | 2,160,000 shares |
| Fresh Issue | 2,052,000 shares |
| Offer For Sale | 2,160,000 shares |
Vinit Mobile IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 21,600 |
| Retail Shares Offered | 12,09,600 |
| NII Shares Offered | 8,20,800 |
Vinit Mobile IPO Lot Size
Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹252,800 |
| Retail (Max) | 2 | 1,600 | ₹252,800 |
| S-HNI (Min) | 3 | 2,400 | ₹379,200 |
| S-HNI (Max) | 7 | 5,600 | ₹884,800 |
| B-HNI (Min) | 8 | 6,400 | ₹1,011,200 |
Vinit Mobile Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 25.04 | 13.34 | 7.41 | 0.01 |
| Total Income | 56.01 | 60.63 | 28.59 | 0.00 |
| Profit After Tax | 5.11 | 3.90 | 0.72 | 0.00 |
| EBITDA | 7.53 | 5.72 | 1.05 | 0.00 |
| NET Worth | 9.71 | 4.60 | 0.70 | -0.02 |
| Reserves and Surplus | 5.70 | 4.59 | 0.69 | -0.03 |
| Total Borrowing | 6.07 | 3.04 | 3.10 | 0.03 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 84.78% |
| ROCE (Return on Capital Employed) | 73.66% |
| Debt/Equity | 0.66 |
| RoNW (Return on Net Worth) | 84.78% |
| PAT Margin (Profit After Tax Margin) | 6.44% |
| EBITDA Margin | 9.53% |
| Price to Book Value | 13.76 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.73 | 11.04 |
| P/E (x) | 16.24 | 14.31 |
| Promoter Holding | 99.80% | - |
Company Promoters
- Mr. Vinit Jalan and Mrs. Shweta Jalan are the company promoters.
Company Overview
Vinit Mobile Ltd. – Company Overview
- Vinit Mobile Ltd. is a multi-brand mobile retail company engaged in the sale of smartphones, tablets, data cards, and mobile accessories.
- The company offers products from leading brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus.
- Its product portfolio includes mobile phones, tablets, data cards, earphones, chargers, power banks, screen guards, and mobile covers.
- As of the date of the RHP, the company operates 35 Company-Owned Company-Operated (COCO) retail stores across the Surat district, Gujarat.
- The company has tie-ups with Bajaj Finserv, HDB Financial Services, and TVS Credit to offer EMI and financing options to eligible customers.
- It also provides after-sales support by coordinating with authorized service centres for warranty and repair services.
- In addition to retail operations, the company undertakes B2B bulk sales of mobile phones and accessories to small retailers and corporate customers.
Company Strengths
- Company Owned Company Operated Stores (COCO)
- Experienced Promoters and Management Team
- Multi-Brand Retailing and Partnership Opportunities
- Extensive Distribution Network in Surat
- Strategic Store Locations and Customer Experience
- Financial arrangements with financial institutions
- Innovative gift baskets to attract customers
- Centralized Inventory Management System
- Employee Training and After-Sales Assistance
Use of Proceeds
| 1) | Set up cost of New Stores | 0.62 |
| 2) | Working Capital | 23.75 |
| 3) | General Corporate Purposes | |
| Total | 24.37 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Vinit Mobile IPO Peer Comparison
Vinit Mobile peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Vinit Mobile Ltd. | 9.73 | 9.73 | 11.48 | - | 84.78 | - | - |
| Bhatia Communications & Retail (India) Ltd. | 1.10 | 1.10 | 7.07 | 24.25 | 15.60 | - | - |
| Fonebox Retail Ltd. | 4.43 | 4.43 | 33.69 | 22.20 | 13.18 | - | - |
| Umiya Mobile Ltd. | 5.42 | 5.42 | 13.69 | 14.02 | 40.51 | - | - |
Quick Info
| Sector | Retail (specifically Speciality Retail) |
| Exchange | NSE SME |
| Market Cap (Pre-IPO) | ₹97.49 Cr |
Important Dates
| IPO Open | Jun 30, 2026 |
| IPO Close | Jul 02, 2026 |
| Allotment Date | Jul 03, 2026 |
| Credit to Demat | Jul 06, 2026 |
| Listing Date | Tentative: Jul 07, 2026 |
Lead Manager(s)
Comfort Securities Ltd.
Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
Description
- IPO Type: Book build issue aggregating to ₹34.13 crores.
- Issue Structure: Entirely a fresh issue of 0.22 crore shares totaling ₹34.13 crores.
- IPO Dates: The issue opens on June 30, 2026 and closes on July 2, 2026.
- Allotment Date: The allotment is expected to be finalized on July 3, 2026.
- Listing Details: The shares are proposed to be listed on National Stock Exchange of India SME on July 7, 2026.
- Retail Investment Requirement: Minimum 2 lots (1,600 shares) amounting to approximately ₹2,52,800 (at the upper price band).
- HNI Investment Requirement: Minimum 3 lots (2,400 shares) totaling around ₹3,79,200.
- Sector: Mobile phones and consumer electronics.
- Issue Price Band: ₹150 to ₹158 per equity share.
- Lot Size: 800 shares per lot.
This IPO offers investors an opportunity to participate in the mobile and consumer electronics sector through a fresh issue of shares.