Vinit Mobile IPO
- Status: Upcoming
- NSE SME
- ₹ 240,000 / 1600
shares
Minimum Investment
Vinit Mobile IPO Details
-
Open Date
30 Jun 2026
-
Close Date
02 Jul 2026
- IPO Price Range
₹ 150 to ₹158
- IPO Size
₹ 34.13 Cr
Vinit Mobile IPO Timeline
Last Updated: 25 June 2026 4:13 PM by 5paisa
Vinit Mobile is a multi-brand mobile retailer operating 35 company-owned stores across Surat district, offering smartphones from leading brands including Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola and OnePlus. The company also sells tablets, mobile accessories and data cards. It provides customer financing through partnerships with financial institutions, supports after-sales service via authorised centres, and undertakes bulk B2B sales to retailers and corporate clients.
Established in: 2011
Managing Director: Mr. Vinit Jalan.
Peers:
Bhatia Communications & Retail (India) Limited
Fonebox Retail Limited
Umiya Mobile Limited
Vinit Mobile Objectives
1. Set up cost of New Stores ( ₹0.62 Cr)
2. Working Capital (₹23.75 Cr)
3. General Corporate Purposes
Vinit Mobile IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹34.13 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹34.13 Cr |
Vinit Mobile IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | 2,40,000 |
| Retail (Max) | 2 | 1,600 | 2,52,800 |
| S - HNI (Min) | 3 | 2,400 | 3,60,000 |
| S - HNI (Max) | 7 | 5,600 | 8,84,800 |
| B - HNI (Min) | 8 | 6,400 | 9,60,000 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 0.02 | 28.56 | 59.99 |
| EBITDA | -0.00 | 1.05 | 5.72 |
| PAT | -0.00 | 0.72 | 3.90 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 0.01 | 7.41 | 13.34 |
| Share Capital | 0.01 | 0.01 | 0.01 |
| Total Liabilities | 0.01 | 7.41 | 13.34 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 0.00 | -2.83 | 2.21 |
| Net Cash Generated From / (used in) Investing Activities | - | -0.05 | -0.63 |
| Net Cash Generated From / (used in) Financing Activities | - | 2.99 | -0.49 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.00 | 0.11 | 1.09 |
Strengths
1. Wide product portfolio across leading smartphone brands and accessories.
2. Strong distribution network and retail presence in regional markets.
3. Competitive pricing and focus on customer service, building loyalty in Tier II/III cities.
4. Experience in handling bulk orders and serving both B2C and B2B segments
Weaknesses
1. Geographic concentration limits scale beyond core operating regions.
2. Dependence on third-party brands; limited control over product innovation and margins.
3. Moderate digital/e-commerce presence compared to online-first competitors.
Opportunities
1. Rising smartphone penetration in Tier II/III towns, supported by affordable 4G/5G devices.
2. Growth of accessories and refurbished mobile market opens new revenue streams.
3. Increasing demand for omni-channel retail, integrating offline and online sales.
4. Partnerships with e-commerce players and fintech for buy-now-pay-later (BNPL) and EMIs.
Threats
1. Fierce competition from large chains (e.g., Reliance Digital, Croma) and e-commerce platforms.
2. Rapid product obsolescence and price erosion in the mobile industry.
3. Supply chain disruptions or dependency on global imports (mainly China).
4. Regulatory changes on mobile phone & accessories imports or GST may affect margins
1. Strong regional presence with 35 company-owned retail stores.
2. Wide portfolio of leading smartphone brands and accessories.
3. Financing partnerships enhance affordability and customer reach.
4. Growing B2B business supports diversified revenue streams.
India's smartphone market continues to benefit from rising digital adoption, increasing disposable incomes and regular device upgrades. Demand for premium smartphones, accessories and flexible financing options is supporting organised multi-brand retailers. Vinit Mobile is well positioned to capitalise on these trends through its established retail network across Surat, diversified product portfolio, customer-focused services and growing presence in both retail and business-to-business sales segments.
- Companies
- Type
- Opening On
-
Aastha Spintex
- Mainboard
- 29th Jun
- Pre-Book
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FAQs
Vinit Mobile IPO opens from June 30, 2026 to July 2, 2026.
The size of Vinit Mobile IPO is ₹34.13 Cr.
The price band of Vinit Mobile IPO is fixed at ₹150 to ₹158 per share.
To apply for Vinit Mobile IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Vinit Mobile. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Vinit Mobile IPO is of 1,600 shares and the investment required is ₹2,40,000.
The share allotment date of Vinit Mobile IPO is July 3,2026
The Vinit Mobile IPO will likely be listed on July 7, 2026.
Comfort Securities Ltd is the book running lead managers for Vinit Mobile IPO.
Vinit Mobile IPO plans to utilise the raised capital from the IPO for:
1. Set up cost of New Stores ( ₹0.62 Cr)
2. Working Capital (₹23.75 Cr)
3. General Corporate Purposes