Mehul Telecom
BSE SME₹2,35,200 / Individual : 2,400 Shares
Mehul Telecom IPO Details
The Mehul Telecom IPO price band is set between ₹96-98 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Ltd., and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 17 Apr, 2026 and closes on 21 Apr, 2026. Investors can check the allotment status on 22 Apr, 2026, while the listing date is tentatively scheduled for 24 Apr, 2026.
The total issue size is 28,29,600 shares, aggregating up to ₹27.73 crore. Stay tuned for the latest Mehul Telecom IPO review and GMP updates.
Mehul Telecom IPO Review, Rating & Analysis
Mehul Telecom IPO Review
NO REVIEWMehul Telecom IPO Rating
Mehul Telecom IPO Highlights
IPO Date
Apr 17, 2026–Apr 21, 2026
Listing Date
24 Apr, 2026
Face Value
₹10 Per Equity Share
Price Band
₹96-98 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Mehul Telecom IPO Lot Size
The minimum market lot for Mehul Telecom IPO is 2 shares with an application amount of ₹196. Retail investors can apply for up to 1020 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2 | ₹196 |
| Retail (Max) | 1020 | 2040 | ₹1,99,920 |
| S-HNI (Min) | 1021 | 2042 | ₹2,00,116 |
| S-HNI (Max) | 5102 | 10204 | ₹9,99,992 |
| B-HNI (Min) | 5103 | 10206 | ₹10,00,188 |
Mehul Telecom IPO Timeline
Issue Price
₹96-98 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Kfin Technologies Ltd.Lead Manager
Cumulative Capital Pvt.Ltd.Issue Size
28,29,600 shares(aggregating up to ₹27.73 crore)Mehul Telecom IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Dec-25 | 54.41 | 152.02 | 7.07 | 24.18 | 16.55 | 3.72 |
| 31-Mar-25 | 0.10 | N/A | 5.74 | 17.10 | 9.48 | 0.07 |
| 31-Mar-24 | 34.41 | 115.47 | -0.01 | 0.09 | -0.01 | N/A |
In Cr.
Mehul Telecom IPO Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-PE Pre IPO
-PE Post IPO
-ROE
-ROCE
-Debt Equity
-RoNW
-PAT Margin
-Price to Book Value
-Promoters & Share Holding
Promoter(s) Name
- Mehul Vasantbhai Raymagiya
- Raymagiya Hemali Mehulbhai
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 94.25% | % |
About Company
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 IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Funding of working capital needs | - |
| General corporate purposes | - |
Company Contact Details
Mehul Telecom
West Gate Shop 223, 150 Ft Ring Road, Rajkot Raiya Road, Rajkot, Gujarat - 360007.Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: mehul.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Frequently Asked Questions about Mehul Telecom IPO
When will Mehul Telecom IPO open for subscription?
The Mehul Telecom IPO opens on 17 Apr, 2026 and closes on 21 Apr, 2026.
What is the investors portion for Mehul Telecom IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Mehul Telecom IPO?
You can apply for Mehul Telecom IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Mehul Telecom IPO?
The issue size of Mehul Telecom IPO is approx ₹28,29,600 shares(aggregating up to ₹27.73 crore) crores.
What is the price band of Mehul Telecom IPO?
The price band for Mehul Telecom IPO is ₹96 to ₹98 per equity share.
What is the lot size of Mehul Telecom IPO?
The minimum bid (lot size) for Mehul Telecom IPO is 1200 shares with an investment of approx ₹2,35,200 .
What is the allotment date of Mehul Telecom IPO?
The allotment date for Mehul Telecom IPO is 22 Apr, 2026.
What is the listing date of Mehul Telecom IPO?
The listing date for Mehul Telecom IPO is expected to be 24 Apr, 2026.
What is the GMP of Mehul Telecom IPO?
The latest Grey Market Premium (GMP) for Mehul Telecom IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.