Vinit Mobile IPO
Market Sentiment
IPO Details
IPO Reservation
Market Lot Size
Return Estimator (GMP*)
Financial Analysis
| Metric | 2024 | 2025 | Dec 2025 |
|---|---|---|---|
| Revenue | 28.59 | 60.63 | 56.01 |
| Expense | 27.62 | 55.42 | 49.20 |
| Profit (PAT) | 0.72 | 3.90 | 5.11 |
| Total Assets | 7.41 | 13.34 | 25.04 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Bhatia Communications & Retail (India) Limited | 1.10 | 24.25 | 15.60 | 7.07 | 442.72 Cr |
| Fonebox Retail Limited | 4.43 | 22.20 | 13.18 | 33.69 | 342.73 Cr |
| Umiya Mobile Limited | 5.42 | 14.02 | 40.51 | 13.69 | 601.17 Cr |
Promoters: Mr. Vinit Jalan and Mrs. Shweta Jalan
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 40,10,000 | 99.80% |
Strengths & Risks
- Revenue grew 112% in the latest reported year.
- Strong return on equity — 85%.
- Grey-market premium is flat or negative — a weak listing-pop signal.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Vinit Mobile, founded in 2011, is one of the leading Multi-brand mobile phone retailers that provides a wide range of mobile phones, such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus, to individuals. Along with phones, the firm also sells tablets, data cards, mobile accessories, earphones, chargers, power banks, screen guards, and mobile covers. Currently, the company runs 35 COCO retail stores across the Surat district in Pandesara, Kadodara, Sachin, Amroli, Hazira, Sayan, Saroli, and Nilgiri. Vinit Mobile has a partnership with various financial institutions, including Bajaj Finserv, HDB Financial Services, and TVS Credit, to offer EMI and financing options to customers. Moreover, the firm also sells mobile phones in large quantities to businesses (B2B sales).
| Purpose | Amount (Cr) |
|---|---|
| Set up cost of New Stores | 0.62 |
| Working Capital | 23.75 |
| General Corporate Purpose | - |
Resources & Documents
Vinit Mobile Ltd., Plot no. 358, Ground, 1st & 2nd floor, Gopal Nagar, Bamroli Althan Expressway,, Pandesara, Surat, Gujarat, 394221
Vinit Mobile has set a price band of Rs 150–Rs 158 per share for an issue size of Rs 34 crore. The SME issue is scheduled to open for subscription on June 30, 2026 — 4 days from now.
Vinit Mobile, founded in 2011, is one of the leading Multi-brand mobile phone retailers that provides a wide range of mobile phones, such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus, to individuals. Along with phones, the firm also sells tablets, data cards, mobile accessories, earphones, chargers, power banks, screen guards, and mobile covers.
The issue is promoted by Mr. Vinit Jalan and Mrs. Shweta Jalan with Comfort Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards Set up cost of New Stores (Rs 1 crore) and Working Capital (Rs 24 crore).
Current grey market activity shows a flat premium, indicating muted unofficial demand.
On fundamentals, the company is posting revenue growth of 112.1%, a profit margin of 6.4%, return on equity of 84.8% in its most recent reported period. Listed peers in this segment include Bhatia Communications & Retail (India) Limited (P/E 24.25x) and Fonebox Retail Limited (P/E 22.20x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Understanding Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.
How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.
Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.
Factors that influence GMP:
- Subscription levels — Higher subscription typically drives GMP up
- Market conditions — Bullish markets tend to boost GMP across all IPOs
- Company fundamentals — Strong financials and growth potential attract premium
- Industry sentiment — Positive outlook for the sector can increase demand
- IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP
Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.
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