Vinit Mobile Ltd - IPO

Vinit Mobile Ltd IPO Details

Initial public issue of upto 21,60,000* equity shares of face value of Rs. 10/- each (equity shares) of Vinit Mobile Limited (VML or the company or the issuer) for cash at a price of Rs. [*]/- per equity share (including a premium of Rs. [*]/- per equity share) (issue price) aggregating to Rs. [*] crores (the issue) of which [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of face value of Rs. 10/- each at an issue price of Rs. [*]/- per equity share aggregating to Rs. [*] crores (net issue). The issue and the net issue will constitute [*] % and [*] % respectively of the post issue paid-up equity share capital of the company.The face value of equity shares is Rs.10/- each. The issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.* Subject to finalisation of basis of allotment.

Objective of issue

Set up cost of New Stores. Working Capital. General corporate purposes.

Vinit Mobile Ltd Contact Details

Vinit Mobile Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@vinitmobile.com

Website - www.vinitmobile.com