Vinit Mobile IPO Subscription Status
Final figures at close of bidding: 15 Jul 2026, 12:00 am IST
| Category | Subscription |
|---|---|
| QIB | 1x |
| NII | 0.8x |
| Retail (RII) | 2.18x |
| Total | 1.62x |
Bidding day 3
Day-wise subscription
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0x | 0.01x | 0.11x | 0.07x |
| Day 2 | 1x | 0.29x | 0.53x | 0.44x |
| Day 3 | 1x | 0.8x | 2.18x | 1.62x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
The Vinit Mobile book was built over 3 days: overall subscription stood at 0.07× at the close of day 1, read 0.44× at the end of day 2, and finished at 1.62× on day 3. On the final day it was retail investors driving the book, at 2.18× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 0.44× to 1.62×.
Category detail
Qualified institutional buyers took their portion to 1×. Non-institutional investors came in at 0.8×. Retail investors put in bids for 2.18× the shares reserved for them. That puts retail investors at the top of the book at 2.18× and non-institutional investors (NII) at the bottom at 0.8×.
What the multiple means for allotment
With retail subscription at 2.18×, applications in that category exceeded the shares available to it by a factor of about 2.18. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 800 shares — ₹1,26,400 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Vinit Mobile IPO open and close?
- The Vinit Mobile IPO opens on 30 Jun 2026 and closes on 2 Jul 2026.
- How many times was the Vinit Mobile IPO subscribed?
- The Vinit Mobile IPO was subscribed 1.62 times in total across all investor categories.
- What is the reservation split in the Vinit Mobile IPO?
- Of the total shares offered, retail investors get 58.95%, QIBs 1.05%, non-institutional investors 40%.