New Delhi, July 3 -- The initial public offering (IPO) of Vinit Mobile saw robust investor participation, and attention has now turned to the IPO allotment date, which is expected to be finalised today, July 3.

The issue was open for subscription from June 30 to July 2. With the allotment likely to be completed today, the company is gearing up for its listing on Tuesday, July 7. The company has set price band for the issue at Rs.150 to Rs.158 per share. Vinit Mobile shares are set to debut on NSE SME.

Once the basis of allotment is determined today, equity shares will be credited to the demat accounts of successful bidders, while refunds for applicants who did not receive an allotment will be processed on Monday, July 6.

Investors can ...