Mehul Telecom Ltd IPO – Dates, Price Band & Lot Size

The Mehul Telecom Ltd IPO will be live from 17 Apr'26 to 21 Apr'26 with an issue size of ₹27.73 crores. The IPO is priced in the band of ₹98.00–₹96.00 per share with a minimum lot size of 2400.00 shares. Stay updated with IPO dates, allotment status, and listing details.

Min Investment ₹235200.00

Subscribed Times x

Issues size ₹28 Crores

Price Range ₹98.00 - ₹96.00

Open on 17 Apr'26

Close on 21 Apr'26

Mehul Telecom Ltd IPO Details

Lot Size 2400.00

Issue size ₹28 Crores

Issue Type Book Building

Mehul Telecom Ltd Shares Offered

Qualified Inst. Buyers null

Non Inst. Buyers null

Retails Ind. Buyers null

Mehul Telecom Ltd Subscription Status

(as of 15 Apr 2026) Overall Status x

Qualified Inst. Buyers nullx

Non Inst. Buyers nullx

Retails Ind. Buyers nullx

Mehul Telecom Ltd IPO Timeline

17 Apr'26 Issue Open

21 Apr'26 Issue Close

22 Apr'26 Finalization of Basis of Allotment

23 Apr'26 Initiation of refund

23 Apr'26 Transfer of shares to Demat Account

24 Apr'26 Listing Date

Mehul Telecom Ltd Objects of the offer

Expansion in Districts across Gujarat.

Leveraging Market Expertise and Customer Relationships.

Increasing Brand visibility.

Diversification in to other consumer durables.

Mehul Telecom Ltd Company's Financials

Assets(cr) Mar 2025 21.39 Mar 2024 0.09

Gross Profit(cr) Mar 2025 7.74 Mar 2024 -0.01

Liabilities(cr) Mar 2025 4.29

Net Income(cr) Mar 2025 5.74 Mar 2024 -0.01

Revenue(cr) Mar 2025 115.38

Mehul Telecom Ltd Peer Comparison

Script Name Mehul Telecom Limited* Revenue(cr) 115.38 Net Profit(cr) 5.74 EPS 0.00 Current Ratio 2.63

Script Name Fonebox Retail limited Revenue(cr) 342.73 Net Profit(cr) 4.55 EPS 4.43 Current Ratio 5.37

Script Name Jay Jalaram Technologies Limited Revenue(cr) 667.46 Net Profit(cr) 6.26 EPS 5.33 Current Ratio 3.35

Script Name Bhatia Communications & Retail (India) Limited Revenue(cr) 442.72 Net Profit(cr) 13.82 EPS 1.10 Current Ratio 10.55

Mehul Telecom Ltd IPO

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Mehul Telecom Ltd Company Contact Info

West Gate Shop 223 150ft R.Rd,

Rajkot Raiya Road,

Rajkot-360007

Phone : 0281 2991 223

Mehul Telecom Ltd Registrar & Transfer Agent

KFin Technologies Ltd

301 The Centrium,

3rd Flr 57 LBS-Mumbai-400 070

Phone : 91 40 6716 2222/18003094001

Fax :

Mehul Telecom Ltd Book Running Managers

Cumulative Capital Private Limited

Initial public offer of upto 28,29,600 equity shares of face value of Rs. 10/- each (Equity Shares) of Mehul Telecom Limited (MTL or The Company) at an issue price of Rs. 98 per equity share (including a share premium of Rs. 88 per equity share) for cash, aggregatig up to Rs. 27.73 Crores (Public Issue), out of which 1,44,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 98 per equity share for cash, aggregating Rs. 1.41 Crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. Issue of 26,85,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 98 per equity share for cash, aggregating up to Rs. 26.32 Crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 27.70% and 25.70% respectively of the post-issue paid-up equity share capital of the company. Price Band is Rs. 96 to Rs. 98 per equity share of face value of Rs. 10/- each.The floor price is 9.6 times of the face value and the cap price is 9.8 times of the face value. Bids can be made for a minimum of two lot and in multiples of 1,200 equity shares thereafter.

Mehul Telecom Ltd IPO FAQs

What is the issue size of Mehul Telecom Ltd IPO?

The issue size of Mehul Telecom Ltd IPO is ₹ 28 crore.

What is 'pre-apply' for Mehul Telecom Ltd IPO?

'Pre-apply' lets you place your IPO application before the official opening date.

If I pre-apply for Mehul Telecom Ltd IPO, when will my order get placed?

Your order will be placed automatically once the IPO opens for subscription.

When will I know if my Mehul Telecom Ltd IPO order is placed?

You'll get a confirmation via SMS/email once your IPO order is successfully placed.

What are the open and close dates of the Mehul Telecom Ltd IPO?

The IPO opens on 17 Apr and closes on 21 Apr.

What is the lot size and minimum order quantity of the Mehul Telecom Ltd IPO?

The minimum order is 1 lot, which consists of 2400.00 shares.

What is the allotment date for the Mehul Telecom Ltd IPO?

The allotment is expected on 22 Apr.

Who is the registrar of the Mehul Telecom Ltd IPO?

KFin Technologies Ltd is the registrar for this IPO.

Where is the Mehul Telecom Ltd IPO getting listed?

It will be listed on BSE.