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VMOBILE · NSE · Consumer Electronics
Vinit Mobile IPO listed on 07 Jul 2026 on NSE at ₹155.00, a loss of 1.90% over the issue price of ₹158.00. The IPO was subscribed 1.67x overall.
Vinit Mobile IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 30 Jun 2026 |
| IPO Close Date | 02 Jul 2026 |
| Basis of Allotment | 03 Jul 2026 |
| Initiation of Refunds | 06 Jul 2026 |
| Credit of Shares to Demat | 06 Jul 2026 |
| Listing Date | 07 Jul 2026 |
Listing day gain
-1.9%
Listed at ₹155 (issue ₹158)
Issue
₹158
Listing
₹155
Current
₹147.25
-6.8% vs issue
Day range
₹147.25 – ₹155
Issue Size
2,160,000 shares
(aggregating up to ₹34.00 Cr)
Issue Price
₹150 – ₹158
Face Value
₹10/share
Market Lot
800 shares
Retail Min Investment
₹252,800
Listing At
NSE
Sale Type
fresh issue
Fresh Issue
2,052,000 shares
(aggregating up to ₹32 Cr)
Offer for Sale
[.]
Reserved for Market Maker
108,000 shares
(aggregating up to ₹2.00 Cr)
Issue Type
book building
Open Date
30 Jun
Close Date
02 Jul
Allotment
03 Jul
Listing
07 Jul
Last updated: 2 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 06 Jul 2026 Latest | ₹158 | ₹0 | ₹158 | ₹0 |
0%
|
10:51 PM |
| 06 Jul 2026 | ₹158 | ₹0 | ₹158 | ₹0 |
0%
|
9:48 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 03 Jul 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 1x | 1 |
| NII | 0.93x | 108 |
| bNII (bids above ₹10L) | 1.08x | 41 |
| sNII (bids below ₹10L) | 0.63x | 67 |
| Individual Investors | 2.18x | 1,650 |
| Total | 1.67x | 1,867 |
Showing the latest subscription snapshot.
View full subscription historyThe company has two promoters (individuals): Mr. Vinit Ravishankar Jalan — Chairman & Managing Director (Promoter); over 15 years of experience in mobile retail business. Mrs. Shweta Jalan — Non-Executive Director (Promoter); spouse of Mr. Vinit Jalan; more than 5 years of experience in retail sales of mobile phones and accessories.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹252,800 |
| Retail (Max) | 2 | 1,600 | ₹252,800 |
| S-HNI (Min) | 3 | 2,400 | ₹379,200 |
| S-HNI (Max) | 7 | 5,600 | ₹884,800 |
| B-HNI (Min) | 8 | 6,400 | ₹1,011,200 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| NII (HNI) Shares Offered | 820,800 (38.00%) |
|
•
bNII > ₹10L
|
547,200 (25.33%) |
|
•
sNII < ₹10L
|
273,600 (12.67%) |
| Individual Investors Shares Offered | 1,209,600 (56.00%) |
| Market Maker Shares Offered | 108,000 (5.00%) |
| QIB Shares Offered | 21,600 (1.00%) |
| Total Shares Offered | 2,160,000 (100.00%) |
Vinit Mobile Limited operates a multi-brand retail chain of 32 stores in Surat district, Gujarat, under the Company-Owned, Company-Operated (COCO) model. It sells smartphones, tablets, accessories (earphones, chargers, power banks, covers), data cards, TVs, refrigerators, and other electronics from brands like Apple, Samsung, Vivo, Oppo, Realme, Xiaomi, OnePlus, Motorola, etc. The company focuses on B2C and B2B (bulk sales to retailers) with EMI options via NBFCs, after-sales support, and centralized inventory management via APX ERP.
Growth Highlights: Revenue from operations surged from ₹0.22 lakhs (FY2023) to ₹2,859.03 lakhs (FY2024) and ₹6,062.66 lakhs (FY2025, ~112% YoY growth); additional ₹1,809.36 lakhs in period ended June 30, 2025. Net profit improved significantly with better margins (from 2.52% to 6.50%). Store count grew from 19 to 32+; strong awards from brands like OPPO, Realme, Vivo, Xiaomi.
Key Strengths: Strategic high-traffic store locations in Surat, diversified revenue (B2B ~32%), experienced promoter (15+ years in retail), authorized service tie-ups, multiple brand partnerships/awards, ISO 9001:2015 certified, trademarks in process, proactive store management, planned expansions (6+ new stores with LOIs), and strong financial ties with financiers like Bajaj Finserv.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 0 | 28.59 | 60.63 |
| Profit After Tax (PAT) | 0 | 0.72 | 3.9 |
| EBITDA | 0 | 1.05 | 5.75 |
| Total Assets | 0.01 | 7.41 | 13.34 |
| Net Worth | -0.02 | 0.7 | 4.6 |
| Reserves & Surplus | -0.03 | 0.69 | 4.59 |
| Total Borrowing | 0.03 | 3.1 | 3.04 |
Revenue & Profit Trend
The basis of allotment for Vinit Mobile IPO was finalised on 03 Jul 2026. You can check your allotment status using your PAN number or application number on the Bigshare Services Private Limited portal or BSE.
The Vinit Mobile IPO is expected to open in Jun 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Vinit Mobile IPO is ₹150.00 - ₹158.00 per share.
As per market sources, Vinit Mobile IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Vinit Mobile IPO stands at 1.67x overall.
The listing date for Vinit Mobile IPO is 07 Jul 2026.
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