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Vinit Mobile Ipo

SMEOpen
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Vinit Mobile Ipo Details

Bidding date

30 - 2 Jul 26

Minimum investment

₹2,52,800

Lot size

1,600

Price range

₹150 - ₹158

Issue size

21.6 L Shares

IPO doc

RHP PDF

Allotment date

3 Jul 26

IPO Status

Offer start

30 Jun 26

Offer end

2 Jul 26

Allotment

3 Jul 26

Refund initiation

6 Jul 26

Demat transfer

6 Jul 26

Listing

7 Jul 26

About the company

Incorporated in 2011, Vinit Mobile is a multi-brand mobile retail business. The company offers a wide range of mobile phones from leading brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus . In addition, the stores sell tablets, data cards, and mobile accessories, including earphones, chargers, power banks, screen guards, and mobile covers. As of the date of this RHP, the company operates 35 company-owned and company-operated (COCO) retail stores across the Surat district, including Pandesara, Kadodara, Sachin, Amroli, Hazira, Sayan, Saroli, and Nilgiri. The Company has tie-ups with financial institutions such as Bajaj Finserv, HDB Financial Services, and TVS Credit to provide EMI and financing options to customers, subject to approval. It also assists customers with after-sales service by coordinating with authorized service centers for warranty and repair support. In addition to retail sales, the company also undertakes B2B bulk sales of mobile phones and accessories to small retailers and corporate customers.

Issue size

Funds Raised in the IPOAmount
Overall Issue Size₹34.13 Cr
Reserved for Market Maker₹1.71 Cr
Net Offer to Public

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