Free Offer
Open Demat FREE
Apply in Mehul Telecom Ltd IPO via ASBA / UPI
₹0 Opening Digital KYC 1-Click Apply
SEBI Regulated · 100% Secure · Under 5 Min
Home All IPOs Mehul Telecom Ltd IPO
Mehul Telecom Ltd IPO
BSE SME Bookbuilding IPO Fresh capital only Upcoming
GMP +₹0 +0% Est. Listing ₹98
Issue Price
₹98
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹98
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹117,600
1 lot · 1,200 shares
Opens
17 Apr
Upcoming
Allotment
Important Dates
0/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Soon
Open Date
17 Apr 2026
Fri Upcoming
Soon
Close Date
21 Apr 2026
Tue Upcoming
Soon
Allotment
22 Apr 2026
Wed Upcoming
Soon
Refund
23 Apr 2026
Thu Upcoming
Soon
Demat Credit
23 Apr 2026
Thu Upcoming
Soon
Listing Date
24 Apr 2026
Fri Upcoming
Issue Details
Pricing & Size
Issue Price
₹98 Face ₹10
Lot Size
1,200 shares
Min Investment
₹117,600
Total Issue Size
28,29,600 shares (agg. up to ₹28 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital only
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,44,000 shares (agg. up to ₹1 Cr)
QIB Portion
13,40,400
NII / HNI
4,03,200
Retail
9,42,000
Employee
-
Net Offer to Public
26,85,600 shares (agg. up to ₹26 Cr)
Shareholding Pattern
Pre-Issue Shareholding
76,22,000 shares
Post-Issue Shareholding
1,04,51,600 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 2 2,400 ₹2,35,200
HNI / NII 3 3,600 ₹3,52,800
Objects of Issue
2 objectives
1
Funding of working capital needs
22.95 Cr
2
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Cumulative Capital Pvt.Ltd
Market Maker
Nikunj Stock Brokers Ltd
IPO Timeline
Open
17 Apr
Upcoming
Close
21 Apr
Upcoming
Allotment
22 Apr
Upcoming
Listing
24 Apr
Upcoming
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
mehul.ipo@kfintech.com
Company Contact
Email
info@mehultelecom.com
Phone
0281 2991223
Address
West Gate Shop 223, 150 Ft Ring Road, Rajkot Raiya Road, Rajkot, Gujarat, 360007
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹98
Est. Listing
₹98
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 13,40,400 ₹13.14 Cr
NII / HNI (Total) 4,03,200 ₹3.95 Cr
Retail Investors 9,42,000 ₹9.23 Cr
Total ** 28,29,600 ₹27.73 Cr
Market Maker * 1,44,000 shares (agg. up to ₹1 Cr) ₹1.41 Cr
* Based on ₹98.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
13,40,400
NII
4,03,200
Retail
9,42,000
Market Maker
1,44,000 shares (agg. up to ₹1 Cr)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Dec 202531 Mar 202531 Mar 2024
Revenue152.02115.47
PAT7.075.74-0.01
EBITDA9.718.023.04
Net Worth24.1817.100.09
Total Assets54.410.1034.41
Reserves16.559.48-0.01
Borrowings3.720.07
Key Financial Ratios
34.27%
ROE
Return on Equity
34.80%
ROCE
Return on Capital Employed
29.25%
RONW
Return on Net Worth
4.65%
PAT Margin
PAT / Revenue
6.39%
EBITDA Mgn
EBITDA / Revenue
0.15
D/E Ratio
Debt to Equity
7.53
Pre EPS
EPS Pre-Issue
9.02
Post EPS
EPS Post-Issue
13.02
Pre P/E
P/E Pre-Issue
10.86
Post P/E
P/E Post-Issue
About Mehul Telecom Ltd

Incorporated in May 2023, Mehul Telecom Private Limited is multi-brand mobile retail chain offering smartphones and accessories through a hybrid “COCO” (Company Owned, Company Operated) and “FOFO” (Franchisee Owned, Franchisee Operated) retail model.

The company retail connected lifestyle products and peripherals such as wearables, audio devices, and power solutions like speakers, smartwatch, ear phones, head phones, tablets, mobile covers, phone chargers, screen guards, power banks, phone warranty plans, fire sticks, car holder clamps, pen drive etc. of various brands.

Business Vertical:

  • Sales through Company Owned Company Operated Retail Stores (COCO Model)
  • Sales through Franchise Owned Franchise Operated Outlets (FOFO Model)

Product Portfolio:

  • Smart Phones and Tablets of all major brands operational in India like MI, Samsung, iPhone, Vivo, Oppo, Realme, Nokia, OnePlus, Redmi, Nothing, Tecno, Intel, Infinix, Xiaomi and other popular Brands in Gujarat.
  • Allied accessories like speakers, smartwatch, ear phones, head phones, tablets, mobile covers, phone chargers, screen guards, power banks, phone warranty plans, fire sticks, car holder clamps, pen drive of all major brands operational in India like MI, Samsung, Vivo, Oppo, Realme, Nokia, OnePlus, Redmi, Nothing, Tecno, Intel, Infinix, Xiaomi and other popular Brands in Gujarat.

As of March 31, 2026, the company had a workforce of 27 personnel.

Competitive Strengths:

  • Experienced Promoters and Management Team
  • Extensive Distribution Network in Gujarat
  • Comprehensive Product Range
  • Strategic Store Locations and Customer Experience
  • Low Capital Requirements for Growth
Frequently Asked Questions
What is the issue price of Mehul Telecom Ltd IPO?
The issue price of Mehul Telecom Ltd IPO is ₹98 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹117,600.
What are the IPO dates?
Opens 17 Apr 2026, closes 21 Apr 2026.
When is the listing date?
Tentative listing: 24 Apr 2026 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹98 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Mehul Telecom Ltd IPO · Expected 22 Apr 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
22 Apr 2026
Refund Initiation
23 Apr 2026
Demat Credit
23 Apr 2026
Listing Date
24 Apr 2026
Quick Facts
Upcoming
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹98
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹117,600
1 lot
Est. Listing
₹98
GMP +₹0
Key Dates
Open
17 Apr Soon
Close
21 Apr Soon
Listing
24 Apr Soon
Registrar
Kfin Technologies Ltd
A
Sponsored
₹0 AMC · Apply IPOs via UPI
SEBI Regulated · Digital KYC in 5 min