Issue Price
₹158
Per Share
GMP
NIL
Grey Market
Est. Listing
₹158
Expected Price
Min. Application
₹252,800
2 lots × 800 shares
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 StrengthsCompany Owned Company Operated Stores (COCO)Experienced Promoters and Management TeamMulti-Brand Retailing and Partnership OpportunitiesExtensive Distribution Network in SuratStrategic Store Locations and Customer ExperienceFinancial arrangements with financial institutionsInnovative gift baskets to attract customersCentralized Inventory Management SystemEmployee Training and After-Sales Assistance
Vinit Mobile Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 21,600 | — | ₹0.34 Cr | 1.00x |
| NII / HNI | 820,800 | — | ₹12.97 Cr | 0.80x |
| Retail (RII) | 1,209,600 | — | ₹19.11 Cr | 2.18x |
| Market Maker | 108,000 | — | ₹1.71 Cr | — |
| TOTAL | 2,052,000 | 100.00% | ₹32.42 Cr | 1.62x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹126,400 |
| Retail (Max) | 13 | 10,400 | ₹1,643,200 |
| sNII (Min) | 14 | 11,200 | ₹1,769,600 |
| bNII (Min) | 68 | 54,400 | ₹8,595,200 |
| Particulars | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 56.01 | 60.63 | 28.59 |
| EBITDA | 7.53 | 5.72 | 1.05 |
| Profit After Tax (PAT) | 5.11 | 3.90 | 71990.00 |
| Net Worth | 9.71 | 4.60 | 0.70 |
| Total Assets | 25.04 | 13.34 | 7.41 |
| Reserves & Surplus | 5.70 | 4.59 | 0.69 |
| Total Borrowings | 6.07 | 3.04 | 3.10 |