Mehul Telecom – IPO
Mehul Telecom – IPO Details
| IPO Date | April 17, 2026 to April 21, 2026 |
| Listing Date | April 24, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 96 to ₹ 98 / Share |
| Lot Size | 1200 Shares |
| Total Issue Size | 28,29,600 (Aggregating up to ₹28 Cr) |
| Fresh Issue | 26,85,600 (Aggregating up to ₹26 Cr) |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 76,22,000 |
| Share holding post issue | 1,04,51,600 |
| Market Maker portion | 1,44,000 |
Mehul Telecom Timeline (Tentative Schedule)
Mehul Telecom IPO opens on April 17, 2026, and closes on April 21, 2026.
| IPO Open Date | April 17, 2026 |
| IPO Close Date | April 21, 2026 |
| Basis of Allotment | April 22, 2026 |
| Initiation of Refunds | April 23, 2026 |
| Credit of Shares to Demat | April 23, 2026 |
| Listing Date | April 24, 2026 |
| Cut-off time for UPI mandate confirmation | April 21, 2026 |
Mehul Telecom IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | Rs.235,200 |
| Retail (Max) | 2 | 2,400 | Rs.235,200 |
| S-HNI (Min) | 3 | 3,600 | Rs.352,800 |
| S-HNI (Max) | 8 | 9,600 | Rs.940,800 |
| B-HNI (Min) | 9 | 10,800 | Rs.1,058,400 |
| HNI (Min) |
Mehul Telecom IPO Promoter Holding
| Share Holding Pre Issue | 76,22,000 |
| Share Holding Post Issue | 1,04,51,600 |
Mehul Telecom IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 7,89,600 27.91% |
|
| Market Maker Shares Offered | 1,44,000 5.09% |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 5,50,800 19.47% |
|
| NII (HNI) Shares Offered | 4,03,200 14.25% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 9,42,000 33.29% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 28,29,600 100% |
Mehul Telecom IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | 7,89,600 |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Mehul Telecom
Mehul Telecom has been a prominent mobile retail chain selling smartphones and accessories since its founding in 2023. Mr. Mehul Raimagiya founded the company, which uses a hybrid "COCO" (Company Owned, Company Operated) and "FOFO" (Franchisee Owned, Franchisee Operated) retail strategy to produce sales.
All well-known smartphone and tablet brands, such as MI, Samsung, iPhone, Vivo, Oppo, Realme, Nokia, OnePlus, Redmi, Nothing, Tecno, Intel, Infinix, Xiaomi, and others, are included in its product line. In addition to smartphones, the company also sells a variety of accessories, including speakers, smartwatches, headphones, tablets, mobile covers, phone chargers, screen guards, power banks, fire sticks, automobile holders, and pen drives from major brands. Additionally, as of March 31, 2026, the corporation employed 27 people.
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 59.84% |
| ROCE | 47.16% |
| Debt/Equity | |
| RoNW | 35.31% |
| P/BV | 4.17 |
| PAT Margin (%) | 5.00% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.53 | 9.02 |
| P/E (x) | 13.02 | 10.86 |
Objects of the Issue (Mehul Telecom IPO Objectives)
Mehul Telecom Contact Details
Mehul Telecom Ltd. West Gate Shop 223, 150 Ft Ring Road, Rajkot Raiya Road, Rajkot, Gujarat, 360007 Phone: 0281 2991223 Email: [email protected] Website: http://www.mehultelecom.com/ |
Mehul Telecom IPO Registrar
Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: [email protected] Website: https://ipostatus.kfintech.com/ |