
Consumer Discretionary · NSE
Vinit Mobile, incorporated in 2011, is a multi-brand mobile retail company offering smartphones, tablets, data cards, and mobile accessories from leading brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus. As of the RHP date, the company operates 35 company-owned retail stores across Surat district, serving customers through a strong local retail network. It also provides EMI and financing options through partnerships with Bajaj Finserv, HDB Financial Services, and TVS Credit, while assisting customers with after-sales support via authorized service centers. In addition to its retail business, Vinit Mobile undertakes B2B bulk sales of mobile phones and accessories to small retailers and corporate clients, strengthening its presence in both consumer and wholesale markets.
Price Band
₹150 – ₹158
Issue Size
₹216.00 L Cr
Lot Size
800 shares
GMP
Est. Listing
₹158
at current GMP
Subscribed
1.67x
overall
Open
30 Jun 2026
Close
2 Jul 2026
Allotment
3 Jul 2026
Refund
4 Jul 2026
Demat Credit
5 Jul 2026
Listing
7 Jul 2026
Designated Registrar: Bigshare Services Private Limited
Allotment Date
3 Jul 2026
Basis finalization
Refunds Initiate
4 Jul 2026
Mandate release
Demat Credit
5 Jul 2026
Shares in demat
Listing Debut
7 Jul 2026
Trading begins
Vinit Mobile Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹21,60,000 Crores. The shares are offered at a price band of ₹150 to ₹158 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,26,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-07-05, while un-allotted funds or UPI block mandates will be released on 2026-07-04.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.