Vinit Mobile Ltd. IPO

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.

As of the date of this RHP, the company operates 35 company-owned and company-operated (COCO) retail stores across the Surat district, including Pandesara, Kadodara, Sachin, Amroli, Hazira, Sayan, Saroli, and Nilgiri.

The Company has tie-ups with financial institutions such as Bajaj Finserv, HDB Financial Services, and TVS Credit to provide EMI and financing options to customers, subject to approval. It also assists customers with after-sales service by coordinating with authorized service centers for warranty and repair support.

In addition to retail sales, the company also undertakes B2B bulk sales of mobile phones and accessories to small retailers and corporate customers.

Competitive Strengths

  • Company Owned Company Operated Stores (COCO)
  • Experienced Promoters and Management Team
  • Multi-Brand Retailing and Partnership Opportunities
  • Extensive Distribution Network in Surat
  • Strategic Store Locations and Customer Experience
  • Financial arrangements with financial institutions
  • Innovative gift baskets to attract customers
  • Centralized Inventory Management System
  • Employee Training and After-Sales Assistance

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets25.0413.347.410.01
Total Income56.0160.6328.590.00
Profit After Tax5.113.900.72-0.00
EBITDA7.535.721.05-0.00
NET Worth9.714.600.70-0.02
Reserves and Surplus5.704.590.69-0.03
Total Borrowing6.073.043.100.03
Amount in ₹ Crore

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IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

#Issue ObjectsEst Amt (₹ Cr.)
1Set up cost of New Stores0.62
2Working Capital23.75
3General Corporate Purposes 
 Total24.37

Key Performance Indicator (KPI)

KPIDec 31, 2025Mar 31, 2025
ROE52.61%84.78%
ROCE46.48%73.66%
Debt/Equity0.620.66
RoNW52.61%84.78%
PAT Margin9.12%6.44%
EBITDA Margin13.60%9.53%
Price to Book Value 13.76
 Pre IPOPost IPO
EPS (₹)9.7311.04
P/E (x)16.2414.31

Vinit Mobile IPO Details

IPO Date30 Jun to 2 Jul, 2026
Listing DateTue, Jul 7, 2026
Face Value₹10 per share
Price Band₹150 to ₹158
Lot Size800 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtNSE SME
Total Issue Size21,60,000 shares
(agg. up to ₹34 Cr)
Reserved for Market Maker
1,08,000 shares
(agg. up to ₹2 Cr)
Fresh Issue
(Ex Market Maker)
20,52,000 shares
(agg. up to ₹32 Cr)
Net Offered to Public20,52,000 shares
(agg. up to ₹32 Cr)
Share Holding Pre Issue40,10,000 shares
Share Holding Post Issue61,70,000 shares

Vinit Mobile IPO Promoter Holding

Mr. Vinit Jalan and Mrs. Shweta Jalan are the company promoters.

Share Holding Pre Issue99.80%
Share Holding Post Issue 

SHARIAH SCREENING for - Vinit Mobile Ltd. IPO

BUSINESS SCREEN

FINANCIAL RATIOS

As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in

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Last Updated on June 29, 2026 Vinit Mobile Ltd. IPO Incorporated in 2011, Vinit Mobile is a multi-brand mobile retail business. The company offers a wide range of mobile phones

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