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  2. /Vinit Mobile IPO
Vinit Mobile IPO logo

Vinit Mobile IPO

SME • NSE

Min. investment

₹2,52,800

IPO DetailsSubscriptionPriceListingAllotmentReviewsNews

Issue Size

₹34 Cr

Price

₹150 to ₹158

Lot Size

800 shares

IPO Dates

30 Jun - 2 Jul

Min. Investment

₹2,52,800

Status

Listed

Issue Size

₹34 Cr

Price

₹150 to ₹158

Lot Size

800 shares

IPO Dates

30 Jun - 2 Jul

Min. Investment

₹2,52,800

Status

Listed

Vinit Mobile IPO overview

IPO Prospectus

RHP

IPO Progress

30 Jun

Open

2 Jul

Close

3 Jul

Allotment

7 Jul

Listing

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Key Financial Ratios

P/E

14.31x

EBIDTA

9.53%

ROE

84.78%

PAT

6.44%

IPO Lot Size

Cat.CategoryLotsSharesNo of sharesAmountProfitProfit
Retail (Min)21,600₹2,52,800-₹4,800-1.9%
S-HNI (Min)32,400₹3,79,200-₹7,200-1.9%
S-HNI (UPI)32,400₹3,79,200-₹7,200-1.9%
S-HNI (Max)75,600₹8,84,800-₹16,800-1.9%
B-HNI (Min)86,400₹10,11,200-₹19,200-1.9%

Profit based on the official listing price for each investor category.

Subscription Figure

CategoryOfferedAppliedTimes
QII21,60021,6001.00
NII8,20,8007,60,8000.93
NII (>10L)1,65,6005,89,6003.56
NII (<10L)6,55,2001,71,2000.26
Retail12,09,60026,40,0002.18
Total20,52,00034,22,4001.67

Application-Wise Breakup

HNI (>10L)545410.08
HNI (3-10L)273670.25
Retail7561,6502.18
Total1,5741,7581.12
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Lead Manager(s)

  1. Comfort Securities Ltd.

Company Promotor(s)

  1. Mr. Vinit Jalan
  2. Mrs. Shweta Jalan

Registrar Details

Name

Bigshare Services Pvt Ltd

Phone

2262638200

Email

investor@bigshareonline.com

Address

1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059

Website

https://ipo.bigshareonline.com/IPO_Status.html

Company Contact Details

Name

Vinit Mobile IPO

Phone

+91 9227984148

Email

compliance@vinitmobile.com

Website

https://vinitmobile.in/

Address

Plot no. 358, Ground, 1st & 2nd floor Gopal Nagar, Bamroli Althan Expressway, Pandesara Surat, Gujarat, 394221

About Company

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. Competitive Strengths Company Owned Company Operated Stores (COCO) Experienced Promoters and Management Team Multi-Brand Retailing and Partnership Opportunities Extensive Distribution Network in Surat Strategic Store Locations and Customer Experience Financial arrangements with financial institutions Innovative gift baskets to attract customers Centralized Inventory Management System Employee Training and After-Sales Assistance

Disclaimer

Information on this page is for general awareness only and is not investment advice. Grey market premium (when shown) is unofficial and indicative. Always read the RHP/DRHP and consult a qualified adviser before investing.

Common questions about Vinit Mobile IPO

What is Vinit Mobile IPO?

Vinit Mobile IPO is a public issue where the company offers its shares to investors through the stock , allowing retail, HNI, and institutional participation.

What is the IPO price band of Vinit Mobile IPO?

What is the minimum investment required for Vinit Mobile IPO?

What is the lot size of Vinit Mobile IPO?

What are the opening and closing dates of Vinit Mobile IPO?

What is Vinit Mobile IPO subscription status?

What is Vinit Mobile IPO GMP today?

Is Vinit Mobile IPO GMP positive or negative?

What does Vinit Mobile IPO GMP indicate for listing?

When is Vinit Mobile IPO listing date?

Where can I check Vinit Mobile IPO allotment status?

Can Vinit Mobile IPO subscription and GMP change before listing?

Offer Breakup

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  • Market maker5%
  • QIB1%
  • NII38%
  • RII56%

Financial Performance

Vinit Mobile IPO

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Vinit Mobile IPO Ratings & Reviews