Mehul Telecom IPO
Mehul Telecom is a BSE SME IPO listed on the BSE SME platform, priced at ₹96–₹98 per share. The stock debuted at ₹108, delivering a listing gain of 10.2%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,35,200.
Mehul Telecom Limited IPO
- IPO Dates
- Apr 17, 2026 – Apr 21, 2026
- Price band
- ₹96-98 per equity share
- Minimum Investment
- ₹2,35,200
- Issue size
- ₹27.73 Cr
- Lot size
- 1200
- Allotment Date
- Apr 22, 2026
- Listing
- Apr 24, 2026
- Listing At
- BSE SME
IPO timeline
-
Apr 17, 2026
Open Date
Completed
-
Apr 21, 2026
Close Date
Completed
-
Apr 22, 2026
Allotment Date
Completed
-
Apr 24, 2026
Listing Date
Completed
Mehul Telecom IPO Subscription Details
View Subscription DetailsMehul Telecom IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Mehul Telecom IPO Essentials
Mehul Telecom IPO Details
Mehul Telecom IPO is priced at ₹96-98 per share with a total issue size of 27.73 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹96-98 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 28,29,600 shares(agg. up to ₹27.73 Cr)
- Total issue size
- 28,29,600 shares
(aggregating up to ₹27.73 crore) - Fresh issue
- 28,29,600 shares
(aggregating up to ₹27.73 crore) - Listing at
- BSE SME
- List price
- 108.0
- Listing date
- Registrar
- Kfin Technologies Ltd.
- Lead manager
-
Cumulative Capital Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2,400 | ₹2,35,200 |
| Individual(max) | 2 | 2,400 | ₹2,35,200 |
| sHNI(min) | 3 | 3,600 | ₹3,52,800 |
| sHNI(max) | 8 | 9,600 | ₹9,40,800 |
| sHNI(min) | 9 | 10,800 | ₹10,58,400 |
Mehul Telecom IPO Reservation
Mehul Telecom IPO reservation details show category-wise allocation of shares. Out of the total 2829600 shares, approximately 19.47% are reserved for QIB, 14.44% for NII, 33.29% for retail investors, 5.09% for market maker, and 27.91% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 789600 (27.91%) | |
| Market Maker Shares Offered | 144000 (5.09%) | |
| QIB Shares Offered | 550800 (19.47%) | |
| NII (HNI) Shares Offered | 403200 (14.44%) | |
| bHNI > ₹10L | 268800 (9.39%) | 75 |
| sHNI < ₹10L | 134400 (4.85%) | 37 |
| Individual Shares Offered | 942000 (33.29%) | 393 |
| Total Shares Offered | 2829600 (100%) |
Mehul Telecom IPO Analytics
Mehul Telecom IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Mehul Telecom IPO Subscription Status
Mehul Telecom IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 44.99x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,50,800 |
4,03,200
2,68,800
1,34,400
|
9,42,000 | 18,96,000 |
|
Day 1
17-04-26 05:00 PM
|
1.34 x |
9.82x
11.29x
6.89x
|
2.34 x | 3.64 x |
|
Day 2
20-04-26 05:00 PM
|
1.38 x |
23.18x
26.54x
16.44x
|
9.38 x | 9.99 x |
|
Day 3
21-04-26 05:00 PM
|
32.43 x |
79.74x
96.96x
45.29x
|
37.45 x | 44.99 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 18671 (Approx) | 31.43x | 43x | 37.41x |
Mehul Telecom Valuations
Earnings
- EPS Pre IPO
- ₹7.53/-
- EPS Post IPO
- ₹9.02/-
- P/E Pre IPO
- 13.02
- P/E Post IPO
- 10.86
Returns
- ROE
- 59.84%
- ROCE
- 47.16%
- RoNW
- 35.31%
- PAT Margin
- 5.00%
Fundamentals
- Price / Book
- 4.17
- Market Cap
- ₹102.43 Cr.
Mehul Telecom Financials( In Crs.)
| 31-Dec-25 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 54.41 | 0.10 | N/A |
| Revenue | 152.02 | N/A | N/A |
| Profit After Tax | 7.07 | 5.74 | N/A |
| Net Worth | 24.18 | 17.10 | N/A |
| Reserves & Surplus | 16.55 | 9.48 | N/A |
| Total Borrowing | 3.72 | 0.07 | N/A |
Mehul Telecom Company & Offer Insights
About Mehul Telecom
Formed on May 2023, Mehul Telecom Private Limited is a multi-brands mobile retail chain that provides mobile handsets and peripherals through a mixed model of 'COCO' (Company owned & Company operated) and 'FOFO' (Franchise owned & Franchise Operated).
The company sold connected lifestyle products and peripherals including wearable devices, audio gadgets, and power accessories, such as speakers, smartwatches, earphones, headphones, tablets, phone cases, mobile charger, screen protectors, power banks, phone insurance packages, firesticks, car holders, pen drives, and other miscellaneous accessories.
Business Verticals:
Sales through Company owned & Company operated retail outlets (COCO Model)
Sales through Franchise owned & Franchise operated retail outlets (FOFO Model)
As on 31st March 2026, the total number of employees was 27.
Mehul Telecom Promoter(s)
Mehul Vasantbhai Raymagiya, Raymagiya Hemali Mehulbhai are the company's promoters of Mehul Telecom.
Mehul Telecom IPO Issue Objectives
- •
- Funding of working capital needs
- •
- General corporate purposes
Contact Information
Contact Details
Mehul Telecom
0281 2991223
West Gate Shop 223, 150 Ft Ring Road, Rajkot Raiya Road, Rajkot, Gujarat - 360007.
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Mehul Telecom IPO is a book-built IPO worth ₹27.73 crore. The price band is ₹96–₹98 per share. The IPO opens on Apr 17, 2026 and closes on Apr 21, 2026. It will be listed on BSE SME Platform. Kfin Technologies Ltd. is the registrar.
The price band of Mehul Telecom IPO is ₹96 to ₹98 per share.
The lot size of Mehul Telecom IPO is 1200 shares.
The minimum investment for Mehul Telecom IPO is approximately ₹2,35,200 based on the upper price band .
Mehul Telecom IPO opens on Apr 17, 2026 and closes on Apr 21, 2026.
The allotment date of Mehul Telecom IPO is Apr 22, 2026.
Mehul Telecom IPO is expected to be listed on Apr 24, 2026, on BSE SME Platform.
Mehul Telecom IPO valuation snapshot: P/E 10.86, EPS ₹9.02/-, P/B 4.17, RoNW 35.31%, and market cap ₹102.43 Cr.
To apply for Mehul Telecom IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Mehul Telecom IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Mehul Telecom IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Mehul Telecom IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Mehul Telecom IPO allotment status on IPO Ji for quick and easy access.