Vinit Mobile Ltd IPO

About Vinit Mobile Ltd

Our Company was originally incorporated as a Private Limited Company under the name and style of Tanya Silk Mills Private Limited under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated May 26, 2011, issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Further the name of our Company was changed from Tanya Silk Mills Private Limited to Vinit Mobile Private Limited vide special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on February 19, 2020, and a Fresh Certificate of Incorporation consequent to name change was issued on March 13, 2020, by the Registrar of Companies, Ahmedabad. Subsequently, the status of the Company was changed from private limited to public limited, and the name of our Company was changed to Vinit Mobile Limited vide special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on May 15, 2025 The fresh certificate of incorporation consequent to conversion was issued on May 21, 2025 by Registrar of Companies, Central Processing Centre, Manesar. The Corporate Identification Number of our Company is U51100GJ2011PLC065617.

The consumer electronics industry encompasses the design, manufacturing, marketing, and distribution of electronic devices intended for everyday personal and household use. These include smartphones, laptops, televisions, audio systems, wearable technology, gaming consoles, cameras, and an expanding array of smart home appliances. Over the past two decades, the industry has evolved from producing standalone devices to creating interconnected ecosystems powered by advanced semiconductors, software integration, and cloud connectivity. India's electronics manufacturing sector is heavily dominated by mobile phones, which contribute nearly half of the industry's total output value. In FY 2023-24, the segment generated about USD 51.00 billion, a significant increase from the previous year, underscoring India's rise as the second-largest mobile phone producer globally. This growth is largely driven by robust domestic demand, a thriving export market, and strong government support through initiatives such as the Production Linked Incentive (PLI) Scheme.

Our Company, Vinit Mobile Limited is in the business of operating a multi-brand mobile retail chain offering smartphones and accessories through COCO (Company Owned, Company Operated) retail model. We deal in a wide range of mobile handsets of most of the major brands in India which includes Apple, One Plus, Motorola, Samsung, Vivo, Oppo, Realme and Xiaomi etc. Alongside smartphones, our stores also deals in related products such as tablets, data cards, and a variety of accessories like earphones, chargers, power banks, screen guards and mobile covers, all available under one roof across our chain of 32 retail outlets.

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