Vinit Mobile IPO
Market Sentiment
IPO Details
Market Lot Size
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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%.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. 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).
Vinit Mobile Ltd., Plot no. 358, Ground, 1st & 2nd floor, Gopal Nagar, Bamroli Althan Expressway,, Pandesara, Surat, Gujarat, 394221
| Purpose | Amount (Cr) |
|---|---|
| Set up cost of New Stores | 0.62 |
| Working Capital | 23.75 |
| General Corporate Purpose | - |
Resources & Documents
Vinit Mobile has set a price band of Rs 150–Rs 158 per share for an issue size of Rs 34 crore. The stock listed with a 1.90% discount versus its issue price on July 07, 2026.
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).
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.
On our data-signal score, the combined signals for this issue currently read weak — several key indicators are reading below average. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Vinit Mobile IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed.
See the full Vinit Mobile GMP history and trend, or learn how grey market premium works and how reliable it is.
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