Upcoming SME IPO Alert: The initial public offering of Vinit Mobile Ltd. is scheduled to open on Jun 30, 2026.
Vinit Mobile IPO – Key Details
According to the company’s filing, the company aims to raise ₹34.13 crore through a fresh issue of 0.22 crore shares worth ₹34.13 crore.
The IPO comprises a Book Building Issue. Shares will be offered in the price band of ₹150 to ₹158 per share. Given the lot size of 800 shares, Individual Investors can bid for a minimum of ₹2,52,800 while non-institutional investors must bid for ₹3,79,200.
Category-wise Reservation
The issue has Not more than 50% of the Net Issue reserved for Qualified Institutional Investors, 8,20,800 for Non-Institutional Investors and 12,09,600 for Retail Individual Investors.
The IPO opens for public subscription on Jun 30, 2026. The issue will close on Jul 2, 2026.
Comfort Securities Ltd. is acting as the Book Running Lead Manager to the issue. The shares are proposed to be listed on the NSE SME Exchange.
Business Overview - Vinit Mobile Ltd.
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.The IPO market continues to remain active, with investors closely tracking upcoming public issues across sectors.
