New Delhi, July 7 -- Vinit Mobile share price hit the 5% lower circuit on Tuesday, 7 July, after making a weak stock market debut earlier in the day.

Vinit Mobile share price today listed at Rs.155, a 2% discount to the issue price of Rs.158, on NSE SME.

The Vinit Mobile IPO was subscribed 1.58 times during the three-day bidding period, which opened on 30 June, and closed on 2 July. The company had fixed the price band at Rs.150- Rs.158 per equity share.

Vinit Mobile operates a multi-brand mobile retail chain with 35 stores, offering smartphones from leading brands including Apple, Samsung, Vivo, Oppo, Xiaomi, OnePlus, Motorola, and Realme. The company also sells tablets and a wide range of mobile accessories, including chargers, earph...