IPO - Initial Public Offerings

 VINIT

  

VINIT MOBILE LTD. IPO

30 Jun, 10:00 AM

Issue Open

02 Jul, 05:00 PM

Issue Close

800

Lot Size

₹ 150.00 – ₹ 158.00

Price Range

IPO Issue Details

Issue size 34.00 Cr
Market Price 158.00
Registrar Bigshare Services Pvt.Ltd
Face Value RS.10 /- Per share
Listing at NSE

About

VINIT MOBILE LTD. IPO
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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 1600 ₹ 2,52,800.00
Retail (Max) 2 1600 ₹ 2,52,800.00
S-HNI (Min) 3 2400 ₹ 3,79,200.00
S-HNI (Max) 8 6400 ₹ 10,11,200.00
B-HNI (Min) 9 7200 ₹ 11,37,600.00

IPO TimeLine

Open Date 30-Jun-2026
Close Date 02-Jul-2026
Basis of Allotment Date 03-Jul-2026
Initiation of Refunds 06-Jul-2026
Credit Shares to Demat A/c 06-Jul-2026
IPO Listing Date 07-Jul-2026