Vinit Mobile Ltd. has announced public offering of 2160000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 148.00 per share. The gross proceeds of the issue are expected to be Rs 3,412.80 lakhs.
The company's initial public offer (IPO) will open on 30 June 2026 and is expected to close on 02 July 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 150.00-158.00 per share.
The IPO includes a fresh Issue of 2160000 Equity Shares of the Company at an price of Rs 158.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 800 shares with bids in multiples of 800.
Vinit Mobile Ltd. anticipates using the proceeds of the issue for .
COMFORT SECURITIES PVT. LTD. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.