Get Ready for Vinit Mobile IPO opening on Jun 30, 2026 Check out the crucial highlights of Vinit Mobile Ltd.'s IPO.
Key Details of Vinit Mobile IPO
According to the Red Herring Prospectus (RHP), it is a book-building issue comprising a fresh issue with a price band declared at ₹150.00 to ₹158.00 per share. Bids can be made for a minimum of 1600 and in multiples of 800 shares.
Comfort Securities Ltd. is the Book-Running Lead Manager to the issue. The equity shares are proposed to be listed on the NSE SME.
About 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.Financial Performance Highlights:
Vinit Mobile Ltd.’s total income grew by 112%, reached ₹60.63 crore in Mar 31, 2025, compared to ₹28.59 crore in Mar 31, 2024.
For the same period, profit after tax jumped 442% to ₹3.90 crore, compared to ₹0.7199 crore.
For the latest period ended on Dec 31, 2025, its total income stood at ₹56.01 crore and PAT stood at ₹5.11 crore.
