Vinit Mobile IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 1.00 | 1.00 |
| NII | 0.01 | 0.29 | 0.80 |
| RII | 0.11 | 0.53 | 2.18 |
| Total | 0.07 | 0.44 | 1.62 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Vinit Mobile IPO minimum market lot is 1,600 shares with ā¹2,52,800 application amount. The Vinit Mobile IPO is a SME IPO, and it is to be listed on NSE SME.
Business Overview
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).
Vinit Mobile IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Vinit Mobile IPO Review and Rating
- May Apply For Long-term View
Vinit Mobile IPO Form
How to apply for the Vinit Mobile IPO? You can apply for Vinit Mobile IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vinit Mobile IPO in the Invest section. The other option is you can apply for Vinit Mobile IPO via IPO forms downloaded online. Check out the Vinit Mobile forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.