Vinit Mobile IPO
Vinit Mobile, founded in 2011, is one of the leading Multi-brand mobile phone retailers that provides a wide range of mobile phones, such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus, to individuals. Along with phones, the firm also sells tablets, data cards, mobile accessories, earphones, chargers, power banks, screen guards, and mobile covers.
IPO GMP
₹0
+0.00% expected gain
Price Band
₹150 - ₹158
Lot Size
1600 shares
Min Investment
₹2,52,800
Listing Date
July 7, 2026
About Vinit Mobile
Company overview, business, and key facts.
Vinit Mobile, founded in 2011, is one of the leading Multi-brand mobile phone retailers that provides a wide range of mobile phones, such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus, to individuals. Along with phones, the firm also sells tablets, data cards, mobile accessories, earphones, chargers, power banks, screen guards, and mobile covers.
Currently, the company runs 35 COCO retail stores across the Surat district in Pandesara, Kadodara, Sachin, Amroli, Hazira, Sayan, Saroli, and Nilgiri. Vinit Mobile has a partnership with various financial institutions, including Bajaj Finserv, HDB Financial Services, and TVS Credit, to offer EMI and financing options to customers. Moreover, the firm also sells mobile phones in large quantities to businesses (B2B sales).
Founded
2011
Headquarters
Surat, Gujarat
Website
https://www.vinitmobile.com/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- Review: Neutral
Risks
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Vinit Mobile IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Revenue growth, 2025
+112.1%
112.1% a year over the period
Profit growth, 2025
+441.7%
441.7% a year over the period
Profit margin (PAT)
6.4%
EBITDA margin 9.53%
ROE / ROCE
84.78% / 73.66%
As published in the offer document
Debt to equity
0.66
Issue mix
100% fresh / 0% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹0
1600 shares on ₹2,52,800. GMP is unofficial.
What stands out
- Profit grew 441.7% in 2025.
Watch-outs
- 1 use-of-proceeds item(s) have no disclosed amount.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: GMP history (fewer than 3 data points), post-IPO share count (market cap and P/E not computable), published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of Vinit Mobile's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Vinit Mobile IPO Review
Analysis based on live GMP, subscription, and issue details.
Vinit Mobile IPO is currently showing a neutral GMP of ₹0, suggesting the market is cautious about listing gains.
The IPO has been subscribed 1.58x overall — QIB: 1x, NII: 0.82x, Retail: 2.17x.
Vinit Mobile IPO subscription has closed. The shares are expected to list on July 7, 2026.
The minimum investment required is ₹2,52,800 for 1600 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: Review: Neutral.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Vinit Mobile IPO — Frequently Asked Questions
What is Vinit Mobile IPO GMP today?
Vinit Mobile IPO GMP (grey market premium) today is ₹0, suggesting an estimated listing gain of +0.00%. GMP is indicative and subject to change.
What is the price band of Vinit Mobile IPO?
The price band for Vinit Mobile IPO is ₹150 - ₹158 with a lot size of 1600 shares. The minimum investment required is ₹2,52,800.
When is Vinit Mobile IPO allotment date?
Vinit Mobile IPO allotment is expected to be finalised on July 3, 2026. You can check your allotment status on the registrar's website (Bigshare Services Pvt. Ltd.) using your PAN number.
When will Vinit Mobile IPO list on NSE/BSE?
Vinit Mobile IPO is expected to list on NSE SME on July 7, 2026.
How to check Vinit Mobile IPO allotment status?
To check Vinit Mobile IPO allotment status, visit the registrar's website (Bigshare Services Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Vinit Mobile IPO?
Vinit Mobile IPO has a GMP of ₹0. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.
What is the lot size of Vinit Mobile IPO?
The lot size for Vinit Mobile IPO is 1600 shares per lot. The minimum investment for retail investors is ₹2,52,800. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.