Multi-Brand Mobile Retail - Listed on 07 July 2026
Vinit Mobile (Multi-Brand Mobile Retail) closed its IPO window in 2026 and listed on NSE and BSE on 07 July 2026 at an upper band issue price of Rs 158, opening at Rs 155 for a listing gain of -1.9% and closing day one at Rs 147.25 (-6.8% on closing basis). The IPO was subscribed 1.67x overall - QIB 1.00x, HNI/NII 0.93x, Retail 2.18x. The total issue size was Rs 34.13 Cr (Fresh Issue Rs 34.13 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Multi-Brand Mobile Retail
Vinit Mobile operates in the Multi-Brand Mobile Retail space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Vinit Mobile issue was offered at an upper price of Rs 158 and raised approximately Rs 34.13 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 29 | +18.35% |
| Day 2 | Rs 29 | +18.35% |
| Day 3 | Rs 29 | +18.35% |
| Day 4 | Rs 29 | +18.35% |
| Day 5 | Rs 2 | +1.27% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Vinit Mobile IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Vinit Mobile IPO listed at -1.9% versus the upper issue price of Rs 158 on 07 July 2026.
Vinit Mobile IPO was subscribed 1.67x overall. QIB portion was subscribed 1.00x, HNI / NII 0.93x and Retail 2.18x.
IPO GMP started at Rs 29 on Day 1 and moved to Rs 2 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.