How to Check Vinit Mobile IPO Allotment Status

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 the 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 also undertakes B2B bulk sales of mobile phones and accessories to small retailers and corporate customers. It has tie-ups with financial institutions such as Bajaj Finserv, HDB Financial Services, and TVS Credit to provide EMI and financing options to customers.

Vinit Mobile IPO is a book build issue of ₹34.13 crore, entirely comprising a fresh issue of 0.22 crore shares aggregating to ₹34.13 crore. The IPO opened on June 30, 2026, and closed on July 2, 2026. The allotment is expected on Friday, July 3, 2026. The share price band was set at ₹150 to ₹158 per share.

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Steps to Check Vinit Mobile IPO Allotment Status on Registrar Site

• Visit the Bigshare Services Pvt. Ltd.
• Select "Vinit Mobile" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Vinit Mobile IPO Allotment Status on NSE

• Navigate to the NSE IPO Allotment Status Page.
• Select the issue type: equity/debt
• Choose "Vinit Mobile" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Vinit Mobile IPO subscribed 1.62 times overall. Here is the category-wise breakdown as of 5:15:00 PM on July 2, 2026:

Vinit Mobile IPO Subscription Status

• QIB Category (Ex Anchor): 1.00 times
• Non-Institutional Investors (NII): 0.80 times
• Individual Investors: 2.18 times

Vinit Mobile IPO Share Price and Investment Details

The minimum investment required was ₹2,52,800 for 2 lots (1,600 shares) for individual investors. The issue includes a reservation of up to 1,08,000 shares for the market maker, Comfort Securities Ltd. Given the overall subscription of 1.62 times with modest institutional interest at 1.00 times, weak NII participation at 0.80 times, and healthy individual investor subscription at 2.18 times, the share price listing expectations remain cautiously positive.

Utilisation of IPO Proceeds

The proceeds will be utilised for set up cost of new stores (₹0.62 crore), working capital (₹23.75 crore), and general corporate purposes.

Business Overview

Vinit Mobile Limited is engaged in the retail segment for multi-brand mobiles, tablets, and related accessories under one roof. It is operating from its 35 COCO stores across Gujarat and Rajasthan. The company reported spectacular performances from FY24 onwards, which raises concern. It is operating in a highly competitive and fragmented segment.

The company demonstrated financial performance with total income of ₹60.63 crore for FY2025 and a net worth of ₹9.71 crore as of December 31, 2025. The company benefits from company-owned and company-operated stores (COCO), experienced promoters and management team, multi-brand retailing and partnership opportunities, an extensive distribution network in Surat, strategic store locations and customer experience, financial arrangements with financial institutions, innovative gift baskets to attract customers, a centralised inventory management system, and employee training and after-sales assistance. However, investors should note the post-issue P/E ratio of 14.31 and Price to Book Value of 13.76.

Check the latest IPO allotment status to stay informed.