Vinit Mobile IPO Listing Details
| Listing Date | July 7, 2026 |
| NSE Code | VMOBILE |
| ISIN Code | INE27V201011 |
| Offer Price | ₹150 to ₹158 |
| Face Value | ₹10 |
| Listing Price | ₹155 |
Details About the Vinit Mobile IPO
Vinit Mobile IPO received SEBI approval for an IPO worth ₹34.13 crores. In which the firm will raise ₹34.13 crores via a fresh issue with a face value of ₹10 each.
Further, the Vinit Mobile IPO had a set price band of ₹150 to ₹158 per share.
Vinit Mobile IPO consists of 1600 shares across 2 lot sizes for the retail minimum and maximum categories. S-HNI Minimum has a share of 2400 in a 3-lot size. S-HNI Maximum has a share of 5600 in a 7-lot size, and B-HNI Minimum has a share of 6400 in an 8-lot size.
To invest in the Vinit Mobile IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,52,800.
- S-HNI Minimum: Minimum investment of ₹3,79,200.
- S-HNI Maximum: Max investment of ₹8,84,800.
- B-HNI Minimum: Min investment of ₹10,11,200.
Vinit Mobile IPO Subscription Duration
Vinit Mobile IPO opened on June 30, 2026, and closed on July 2, 2026. The Vinit Mobile IPO allotment date was scheduled for July 3, 2026. The Vinit Mobile IPO listing date is July 7, 2026.
Vinit Mobile IPO funds deployment
- Some funds will go towards repayment and/or prepayment, in part or in full, of certain borrowings availed by the Company
- A portion of the fund will go towards the purchase of machinery, equipment, and infrastructure enhancement in the existing manufacturing facility.
- Lastly, the remaining funds will go to the General Corporate Purpose.
About the Vinit Mobile IPO Company
Incorporated in 2011, Vinit Mobile is a multi-brand mobile phone retailer that offers a diverse range of mobile phones including Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus to individuals. Along with phones, the company also sells tablets, data cards, mobile accessories, earphones, chargers, power banks, screen guards, and mobile covers.
The firm operates 35 COCO retail stores across 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.
Vinit Mobile IPO Company Financial Report
The company reported revenue of ₹60.63 crores in 2025 against ₹28.59 crores in 2024. The company reported profit of ₹3.90 crores in 2025 against profit of ₹0.72 crores in 2024.
