Vinit Mobile IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
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%.
No major red flags in the available data.
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 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).
Grey market is quoting a premium of +Rs 1 (+0.6% over issue price), down Rs 31 from the previous session. Final subscription data records overall subscription at 1.67x, retail at 2.18x, QIB at 1.00x, NII at 0.93x.
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 an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Vinit Mobile IPO GMP — What It Means
The latest grey market premium for Vinit Mobile IPO is ₹1 (+0.6%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Vinit Mobile it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
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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