Vinit Mobile Limited
ListedSMEConsumer 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
Last updated 3 months ago
Overall Subscription
1.67x
Total Demand
QIB Multiplier
1.00x
Institutions & Funds
NII / HNI
0.93x
High Net-Worth
Retail (RII)
2.18x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 21,600 | 21,600 | 1.00x |
| NIB | 820,800 | 760,800 | 0.93x |
| HNIs(10L +) | 547,200 | 589,600 | 1.08x |
| HNIs (2-10L) | 273,600 | 171,200 | 0.63x |
| RETAIL | 1,209,600 | 2,640,000 | 2.18x |
| Total | 2,872,800 | 4,183,200 | 1.67x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 1 | 0.00x |
| NIB | — | 108 | 0.00x |
| RETAIL | 756 | 1,650 | 2.18x |
| HNIs(10L +) | 228 | 41 | 0.18x |
| HNIs (2-10L) | 114 | 67 | 0.59x |
| Total Applications | 1,098 | 1,867 | 1.70x |
Day-Wise Subscription Progress
About Vinit Mobile Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is the issue size and price band for Vinit Mobile Limited IPO?
The Vinit Mobile Limited IPO aggregate issue size is ₹21,60,000 Crores with an equity price band set at ₹150 to ₹158 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,26,400.
How can I check Vinit Mobile Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Vinit Mobile Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-07-03.