Vinit Mobile SME IPO
Vinit Mobile IPO — date, price band, GMP & allotment 2026
Vinit Mobile is engaged in the distribution and retailing of mobile phones, accessories and consumer electronics products. The company follows a trading and distribution business model, sourcing products from leading brands and supplying them through an extensive dealer and retailer network. Its operations focus on meeting the growing demand for smartphones and digital devices. The company has established a strong presence across various regions of India.
Stock price
Vinit Mobile is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 25 September.
- Open 30 Jun 2026
- Close 02 Jul 2026
- Allotment 03 Jul 2026
- Refund/credit 06 Jul 2026
- Listing 07 Jul 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 30 Jun to 2 Jul, 2026 |
|---|---|
| Price Band | ₹150 – ₹158 |
| Face Value | ₹10 |
| Lot Size | 800 Shares |
| Issue Size | ₹34.13 Cr |
| Sale Type | Fresh capital only |
| Listing On | NSE SME |
| Registrar | Bigshare Services Private Limited |
| Min Investment | ₹ 2,52,800 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 800 shares at the ₹158 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 1,600 | ₹2,52,800 |
| Retail (max) | 2 | 1,600 | ₹2,52,800 |
| HNI (min) | 3 | 2,400 | ₹3,79,200 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Strong distribution network in the mobile handset market.
- 02Long-standing relationships with brands and retailers.
- 03Benefits from rising smartphone penetration in India.
- 04Low manufacturing risk due to trading-focused model.
- 05Wide product portfolio across electronics categories.
Risks · 5
- 01Thin margins in the distribution business.
- 02Dependence on major smartphone brands.
- 03High working capital requirements.
- 04Intense competition from organised distributors.
- 05Rapid changes in consumer technology preferences.
Three years of numbers
All figures in ₹ crore, as reported in the Vinit Mobile offer document.
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 25.04 | 13.34 | 7.41 | 0.01 |
| Total Income | 56.01 | 60.63 | 28.59 | 0.00 |
| Profit After Tax | 5.11 | 3.90 | 0.72 | -0.00 |
| EBITDA | 7.53 | 5.72 | 1.05 | -0.00 |
| NET Worth | 9.71 | 4.60 | 0.70 | -0.02 |
| Reserves and Surplus | 5.70 | 4.59 | 0.69 | -0.03 |
| Total Borrowing | 6.07 | 3.04 | 3.10 | 0.03 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Vinit Mobile RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Vinit Mobile IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹11.04 |
| P/E Ratio (x) | 14.31 |
| Market Cap at Offer Price (₹ Cr) | ₹73.13 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹158 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹34.13 Cr of the issue is earmarked to named objects.
About the company
The company deals in smartphones, mobile accessories, gadgets and related electronic products. It follows a trading and distribution-based business model where revenue is generated through product sourcing, wholesale distribution and retail supply. The promoters have extensive experience in the electronics industry and continue to drive the company's growth through network expansion and customer-focused services.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91 9227984148
The bankers & the filings
Who is running the book, and the documents this page is built from.
Company contact
Frequently asked
What is the GMP of Vinit Mobile?
The current Grey Market Premium is ₹0.
What is the Vinit Mobile IPO price band?
₹150 to ₹158, on a face value of ₹10.
When is the allotment?
The basis of allotment is 3 July 2026, with listing on 7 July 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
