# Vinit Mobile limited: IPO analysis > Vinit Mobile limited (CIN U51100GJ2011PLC065617) has filed a Prospectus with SEBI for an IPO comprising a fresh issue of 21,60,000 shares. In FY25 it reported revenue of ₹60 Cr and a net profit of ₹3.9 Cr. Promoters hold 85.6% before the IPO. Our fact-check of its claims found no medium or high concerns across 38 claims checked. - Page: https://ipo.innerkore.com/company/U51100GJ2011PLC065617/vinit-mobile-limited/ - CIN: U51100GJ2011PLC065617 - Last updated: 3 Sep 2026 ## Key facts - **Company:** Vinit Mobile limited - **CIN:** U51100GJ2011PLC065617 - **Filing stage:** Prospectus - **Latest SEBI filing:** 3 Sep 2026 - **Final offer price:** ₹158.00 per share - **Bidding opens:** 30 Jun 2026 - **Bidding closes:** 2 Jul 2026 - **Listing on:** NSE - **Revenue FY25:** ₹60 Cr - **Net profit FY25:** ₹3.9 Cr - **Promoter holding (pre-IPO):** 85.6% - **Lead managers:** Comfort Securities Limited - **Registrar:** Bigshare Services Private Limited - **Fact-check flags:** 0 high, 0 medium, 0 low ## Key signals (read from the filing; not investment advice) - **Valuation** (looks fine): 24.9x P/E. At the top of the band, on FY25 profit; 9.5x book value. - **Profitability** (look closer): 6.5% net margin. FY25. - **Profit into cash** (look closer): 57% of profit. Operations brought in ₹2.2 crore against ₹3.9 crore of profit in FY25. - **One-off income** (look closer): 1 item. Management describes 1 one-off item. - **Where the money goes** (looks fine): All new money. 100% is new shares issued by the company. - **Red flags** (looks fine): None serious. 38 claims checked: 0 high, 0 medium concern. ## Financial snapshot (₹ crore unless stated; consolidated) | | 9M Dec-23 | 9M Dec-24 | FY25 | 9M Dec-25 | |---|---:|---:|---:|---:| | Sales | 0.00 | 29 | 60 | 55 | | Operating profit | -0.00 | 1.0 | 5.1 | 6.9 | | Operating margin | -18.2% | 3.6% | 8.5% | 12.4% | | Net profit | -0.00 | 0.72 | 3.9 | 5.1 | | Net margin | -27.3% | 2.5% | 6.5% | 9.2% | | Net worth | 0.02 | 5.4 | 10 | 19 | | Return on equity | – | – | 38.1% | – | ## Non-recurring items (as described by management) - Other Income includes interest income, discount, write back and other income. (p.268) ## Use of proceeds (fresh issue) - Set up cost of New Stores: ₹0.62 crore - Working Capital: ₹24 crore - General corporate purposes#: ₹5.1 crore ## Fact-checked claims - **NONE** (PromoterBackground): Mrs. Shweta Jalan is a Non-Executive Director.. No current web search results were found to corroborate, contradict, or provide any information regarding the claim that Mrs. Shweta Jalan is a Non-Executive Director of Vinit Mobile limited. - **NONE** (PromoterBackground): Mr. Vinit Jalan is the Executive Chairman and Managing Director.. No current web search results were found to corroborate, contradict, or provide any information regarding the claim that Mr. Vinit Jalan is the Executive Chairman and Managing Director of Vinit Mobile limited. - **NONE** (SubsidiaryPerformance): The company has not made any material acquisitions or divestments of any business or undertaking during the 10 years preceding the date of this Prospectus.. No web search results were found to corroborate, contradict, update, or provide any information regarding the claim that the company has not made any material acquisitions or divestments during the preceding 10 years. - **NONE** (SubsidiaryPerformance): The company does not have any holding Company, subsidiary Company, Associates, or Joint Venture Company as of the date of the Prospectus.. No current web search results were found to corroborate, contradict, update, or provide any information regarding the claim that the company does not have any holding, subsidiary, associate, or joint venture companies. - **NONE** (SubsidiaryPerformance): The Main Objects of the Company include the business of buying, selling, importing, exporting, and supplying of mobile phones, accessories, TVs, refrigerators, and other electronic items.. No current web search results were found to corroborate, contradict, or provide any information regarding the stated main objects of the company as described in the DRHP. - **NONE** (SubsidiaryPerformance): The company has received various awards and accreditations from entities such as Itel, Xiaomi, VIVO, OPPO, and Tecno.. No current web search results were found to corroborate or contradict the claim that Vinit Mobile limited has received awards and accreditations from Itel, Xiaomi, VIVO, OPPO, and Tecno. - **NONE** (PromoterBackground): Shweta Jalan holds 35.80% of the equity shares of the Company as of December 31, 2025.. No current web search results were found to corroborate, contradict, update, or provide any information regarding Shweta Jalan holding 35.80% of Vinit Mobile limited's equity shares as of December 31, 2025. - **NONE** (PromoterBackground): Vinit Jalan holds 49.80% of the equity shares of the Company as of December 31, 2025.. No web search results were found to corroborate, contradict, update, or provide any information regarding Vinit Jalan holding 49.80% of the equity shares of Vinit Mobile limited as of December 31, 2025. - **NONE** (PromoterBackground): Restated Financial Statements are prepared to comply with Accounting Standards notified under section 133 of the Companies Act, 2013 read with the Companies (Accounting Standards) Rules, 2021, as amended.. No web search results were found to corroborate, contradict, update, or provide any information regarding the claim that the Restated Financial Statements comply with the specified Accounting Standards. - **NONE** (PromoterBackground): The financial data includes statements for various financial years, such as the period ended December 31, 2025, and years ending March 31, 2025, 2024, and 2023.. No current web search results were found to corroborate, contradict, update, or provide any information regarding the financial year statements mentioned in the claim. - **NONE** (PromoterBackground): Ms. Mansi Jain is appointed as the Company Secretary and Compliance Officer with effect from August 30, 2025, and holds a certificate of membership with the Institute of Company Secretaries of India (ICSI).. No current web search results were found to corroborate, contradict, update, or provide any information regarding the appointment of Ms. Mansi Jain as Company Secretary/Compliance Officer or her ICSI membership. - **NONE** (PromoterBackground): Mr. Himanshu Modi is appointed as the Chief Financial Officer with effect from August 30, 2025, and holds a certificate of membership from the Institute of Chartered Accountants of India.. No current web search results were found to corroborate, contradict, or provide any information regarding the appointment of Mr. Himanshu Modi as CFO or his certification from the Institute of Chartered Accountants of India. ## Common questions ### How big is the Vinit Mobile limited IPO? Vinit Mobile limited's IPO comprises a fresh issue of 21,60,000 shares, according to its Prospectus. The price band is not stated in that document. ### What are Vinit Mobile limited's revenue and profit? Vinit Mobile limited reported revenue from operations of ₹60 Cr in FY25. Net profit was ₹3.9 Cr. Figures are read from the Prospectus, as printed there. ### How much do promoters own in Vinit Mobile limited? Promoters hold 85.6% of Vinit Mobile limited before the IPO. Largest holders listed: (A+B+C) 40,10,000 100% (65.0%); Mrs. Shweta Jalan (50.0%); Mr. Vinit Jalan (49.8%). ### How will Vinit Mobile limited use the IPO money? The fresh-issue proceeds are earmarked for: Set up cost of New Stores (₹0.62 Cr); Working Capital (₹24 Cr); General corporate purposes (₹5.1 Cr). ### What are the red flags in Vinit Mobile limited's Prospectus? We fact-checked 38 claims from the filing against the open web: 0 raised a high concern, 0 medium and 0 low. This is an automated screen, not a verdict; each finding links to its sources. ### What does Vinit Mobile limited do? Vinit Mobile limited के IPO की DRHP में एक detail है जो अक्सर नज़रअंदाज़ कर दिया जाता है: Mrs. Shweta Jalan का नाम Non-Executive Director की लिस्ट में मौजूद है, लेकिन इस पर कोई official confirmation नहीं मिला है। ### Who manages the Vinit Mobile limited IPO? Book running lead managers: Comfort Securities Limited. Registrar to the offer: Bigshare Services Private Limited. Shares are proposed to list on NSE. ### Where can I read the original Vinit Mobile limited IPO documents? All 1 filing for Vinit Mobile limited (Prospectus) are listed on this page with links to the original PDFs on SEBI's website. Every page reference cites the exact page of the source document. ## Source documents - [Vinit Mobile limited](https://www.sebi.gov.in/sebi_data/attachdocs/sep-2026/1788435005522_1347.pdf) (Prospectus, filed 3 Sep 2026) --- Source: InnerKore IPO (https://ipo.innerkore.com/). Read from public SEBI filings by automated extraction; check the linked documents. Not investment advice.