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Mehul Telecom Ltd
Closed BSE SME Bookbuilding IPO

Mehul Telecom Ltd IPO

GMP Today
+₹0
Issue Price
₹98.00
Est. Listing: —
IPO Overview
Quick facts
Issue Price
₹98.00
Lot Size
1200.00 Shares
Min. Investment
₹117,600
Issue Size
28,29,600 shares (agg. up to ₹28 Cr) Cr
Face Value
₹10.00
Issue Type
Bookbuilding IPO
Listing Exchange
BSE SME
Script Code
Important Dates
IPO Open
17 Apr 2026
Done
IPO Close
21 Apr 2026
Done
Allotment
22 Apr 2026
Done
Refund Init.
23 Apr 2026
Done
Demat Credit
23 Apr 2026
Done
Listing Date
24 Apr 2026
Done
Mehul Telecom Ltd Stock Price
BSE
Open
High
Low
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Data via Yahoo Finance · For informational use only
Subscription Allocation
Category Shares Offered Lots Amount (₹)
QIB (Qualified Institutional) 1339200.00
NII / HNI (Non-Institutional) 403200.00 3 ₹₹3,52,800
Retail (Individual) 9,42,000 2 ₹₹2,35,200
Market Maker 1,44,000 shares (agg. up to ₹1 Cr)
Fresh Issue 26,85,600 shares (agg. up to ₹26 Cr)
Minimum Application Size
Investor Type Lots Shares Amount (₹)
Retail (Min 1 Lot) 2 2,400 ₹₹2,35,200
HNI — sHNI 3 3,600 ₹₹3,52,800
Subscription Status
Final
Metric QIB NII Retail Total
Subscription 13.95 79.29 - 31.82
Shares 1339200.00 403200.00 9,42,000 2685600.00
Bids 18679200.00 31971600.00 - 85450800.00
Financial Highlights

Amount in ₹ Crore

Metric 31 Dec 2025 31 Mar 2025 31 Mar 2024
Revenue 152.02-115.47
PAT 7.075.74-0.01
EBITDA 9.718.023.04
Net Worth 24.1817.100.09
Total Assets 54.410.1034.41
Reserves 16.559.48-0.01
Borrowings 3.720.07-
ROE
34.27%
ROCE
34.80%
RONW
29.25%
PAT Margin
4.65%
EBITDA Mgn
6.39%
D/E Ratio
0.15
Pre EPS
7.53
Post EPS
9.02
Pre P/E
13.02
Post P/E
10.86
Objects of Issue
  • Funding of working capital needs
  • General Corporate Purposes
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
Apply for This IPO
₹98.00
Min. ₹117,600 · 1200.00 shares/lot
Expected Listing
GMP +₹0 (+0%)
Close Date 21 Apr 2026
Check Allotment
Pre-Issue
76,22,000 shares%
Post-Issue
1,04,51,600 shares%
Company Contact
Registrar
Kfin Technologies Ltd
  • 04067162222, 04079611000
  • mehul.ipo@kfintech.com
Lead Managers
  • Cumulative Capital Pvt.Ltd
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