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Issue Open Date
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30-Jun-26
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Issue Closing Date
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02-Jul-26
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Application Money
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100
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Allotment Money
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Price Band
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150
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158
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Minimium Application No.
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1600
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Issue Size (Shares)
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2160000
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Market Lot
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1
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Objective
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1. Set up of New Stores - Proceeds will be utilized to establish new retail stores across strategic locations to enhance market presence and drive revenue growth. 2. Working Capital Funds will support day-to-day operational requirements, including inventory, vendor payments, and other short-term financial obligations. 3. General Corporate Purposes To meet general business needs such as brand development, technology upgrades, and other strategic initiatives to support overall growth.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description
Our Company has arrangements with various financial institutions, including Bajaj Finserv, HDB Financial Services, and TVS Credit, to facilitate point-of-sale financing and EMI options for customers at its stores, subject to eligibility and approval by such institutions. In addition, our Company facilitates after-sales support for mobile phones and accessories through authorized service centers for warranty-related repairs or services. Our Company provides after-sales assistance to customers for mobile phones and accessories sold through its stores. Such assistance includes facilitating access to authorized service centers for maintenance, repair, or warranty-related services. All mobile phones and accessories are sold with standard manufacturer warranties. Our Company coordinates with suppliers and service centers to address customer complaints relating to defective products, in accordance with applicable warranty terms. Moreover, our Company provides free home delivery for selected purchases. Our Company also undertakes promotional schemes during festive periods, including discount and cashback-based offers, in accordance with applicable terms and conditions. The company also pursues B2B sales opportunities for bulk orders from small and mid-sized retailers and corporate customers, by supplying mobile handsets and accessories in bulk quantities. This allows us to maintain our core business model (B2C) while capitalizing on volume-based transactions. These bulk orders provide an efficient channel to optimize resource utilization and also helps our company to negotiate more favorable commercial terms from key distributors and brand partners.
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Promoter's Holding
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Total Share Capital
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4001980
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Offered to Public
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2160000
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Promoter's Holding (Pre-Issue)
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99.8
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Promoter's Holding (Post-Issue)
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Address |
Plot No. 358
Ground
1st & 2nd Floor
Gopal Nagar
Bamroli Althan Expressway
Pandesara
Surat,
Gujarat,
394221
Phone : 9227984148
Email : compliance@vinitmobile.com
Website : www.vinitmobile.com
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Registrar |
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
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Listed at |
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NSE
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Lead Manager |
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Comfort Securities Pvt Ltd.
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Promoters |
Shweta Jalan
Vinit Jalan
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