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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Vinit Mobile Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹158
Per ShareLot Size
800 Shares
Minimum Investment
₹1,26,400
Issue Size
₹34.13 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
58.95%
QIB Quota
1.05%
NII Quota
40%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.8%
Promoter Holding (Post-Issue)
64.86%
Issue Type
Book Building - SME
ISIN
INE27V201011
Our Company, Vinit Mobile Limited is in the business of operating a multi-brand mobile retail chain offering smartphones and accessories through "COCO" (Company Owned, Company Operated) retail model. We deal in a wide range of mobile handsets of most of the major brands in India which includes Apple, One Plus, Motorola, Samsung, Vivo, Oppo, Realme and Xiaomi etc. Alongside smartphones, our stores also deals in related products such as tablets, data cards, and a variety of accessories like earphones, chargers, power banks, screen guards and mobile covers, all available under one roof across our chain of 32 retail outlets.
The consumer electronics industry encompasses the design, manufacturing, marketing, and distribution of electronic devices intended for everyday personal and household use. These include smartphones, laptops, televisions, audio systems, wearable technology, gaming consoles, cameras, and an expanding array of smart home appliances. Over the past two decades, the industry has evolved from producing standalone devices to creating interconnected ecosystems powered by advanced semiconductors, software integration, and cloud connectivity. India's electronics manufacturing sector is heavily dominated by mobile phones, which contribute nearly half of the industry's total output value. In FY 2023-24, the segment generated about USD 51.00 billion, a significant increase from the previous year, underscoring India's rise as the second-largest mobile phone producer globally. This growth is largely driven by robust domestic demand, a thriving export market, and strong government support through initiatives such as the Production Linked Incentive (PLI) Scheme.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public issue of upto 21,60,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Vinit Mobile Limited ("VML" or the "Company" or the "Issuer") for cash at a price of Rs. 158 per equity share (including a premium of Rs. 148 per equity share) ("Issue Price") aggregating to Rs. 34.13 Crores ("The Issue") of which 1,08,000 equity shares aggregating to Rs. 1.71 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 20,52,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 158 per equity share aggregating to Rs. 32.42 Crores ("Net Issue"). The issue and the net issue will constitute 35.01% and 33.26% respectively of the post issue paid-up equity share capital of the company. Price Band: Rs. 158/- per equity share of face value Rs. 10/- each. The floor price is 15.80 times of the face value of the equity shares. Bids can be made for a minimum of 1600 equity shares and in multiples of 800 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated as a Private Limited Company under the name and style of "Tanya Silk Mills Private Limited" under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated May 26, 2011, issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Further the name of our Company was changed from "Tanya Silk Mills Private Limited" to "Vinit Mobile Private Limited" vide special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on February 19, 2020, and a Fresh Certificate of Incorporation consequent to name change was issued on March 13, 2020, by the Registrar of Companies, Ahmedabad. Subsequently, the status of the Company was changed from private limited to public limited, and the name of our Company was changed to "Vinit Mobile Limited" vide special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on May 15, 2025 The fresh certificate of incorporation consequent to conversion was issued on May 21, 2025 by Registrar of Companies, Central Processing Centre, Manesar. The Corporate Identification Number of our Company is U51100GJ2011PLC065617.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.