Vinit Mobile Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band
₹150 – ₹158
Lot Size
800 shares
Min. Investment
₹1,26,400
Total Issue Size
₹34.13 Cr
21,60,000 shares
Fresh Issue
₹34.13 Cr
21,60,000 shares
Offer for Sale
₹0 Cr
Face Value
₹10 per share
Issue Type
Book-built IPO
Listing At
NSE SME
Shares Pre-Issue
40,10,000
Shares Post-Issue
61,70,000

Lot Size & Investment

1 lot = 800 shares

Retail (min)

2 lots · 1,600 shares

Retail (max)

2 lots · 1,600 shares

S-HNI (min)

3 lots · 2,400 shares

ApplicationLotsSharesAmount
Retail21,600₹2,52,800
Small HNI (S-HNI)32,400₹3,79,200
Big HNI (B-HNI)86,400₹10,11,200

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodDec-25Mar-25Mar-24Mar-23
Assets25.0413.347.410.01
Total Income56.0160.6328.590
Profit After Tax5.113.90.720
EBITDA7.535.721.050
Net Worth9.714.60.7-0.02
Reserves & Surplus5.74.590.69-0.03
Total Borrowing6.073.043.10.03

Key Performance Indicators

Key performance indicators
PeriodDec-25Mar-25
ROE (%)52.6184.78
ROCE (%)46.4873.66
EPS (₹)9.73
P/E (pre-issue)16.24
P/E (post-issue)14.31

About Vinit Mobile Limited

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

Company Information

Book running lead managers
  • Comfort Securities Ltd.
Registered office
Plot no. 358, Ground, 1st & 2nd floor, Gopal Nagar, Bamroli Althan Expressway,, Pandesara, Surat, Gujarat, 394221
Market maker
Comfort Securities Ltd.

← Back to Vinit Mobile Limited IPO