Mehul Telecom SME IPO Details 2026
All About Mehul Telecom IPO
The Mehul Telecom size is ₹27.73 crore, comprising a fresh issue of ₹27.73 crore. It is a fresh issue. The IPO issue opens on April 17, 2026, and closes on April 21, 2026. The share allotment is expected on April 22, 2026, and the listing date is April 24, 2026. Mehul Telecom Ltd. is based in Gujarat and operates in the multi-brand mobile and electronic retail sector. It filed its DRHP on July 14, 2025, and its shares will list on the BSE SME. Kfin Technologies Ltd. is the registrar, while Cumulative Capital Pvt.Ltd serves as the merchant banker for the offer.
IPO Highlights
IPO Reservation and Lot Size
The company has reserved shares for various investor categories. The Retail Shares reservation is 33.29% (9,42,000 shares), and QIB has 47.37% (13,40,400 shares). Further, the minimum lot size is 1,200 shares. The anchor investor reservation is 27.91% (7,89,600 shares), and the market maker reservation is 5.09% (1,44,000 shares).
IPO Issue Structure
QIB | 13,40,400 (47.37%) |
| Anchor Investor | 7,89,600 (27.91%) |
| QIB (Ex. Anchor) | 5,50,800 (19.47%) |
NII (HNI) | 4,03,200 (14.25%) |
| bNII > ₹10L | – |
| sNII < ₹10L | – |
Retail | 9,42,000 (33.29%) |
Market Maker | – |
Total | 28,29,600 (100.00%) |
On July 14, 2025, the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.
IPO GMP
The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares. Track live GMP Today here.
Financial Performance (₹ in Cr)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2024 |
|---|---|---|---|---|
| Total Income | 151.98 | 115.38 | 115.38 | – |
| Profit After Tax | 7.07 | 5.73 | 6.03 | – |
| EBITDA | 9.71 | 7.75 | 8.01 | – |
| Net Worth | 24.18 | 17.10 | 17.10 | 9.99 |
| Assets | 54.41 | 34.40 | 0.10 | 0.09 |
Key Performance Indicator
| Particulars | Dec-25 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| EBITDA Margin (%) | 6.39 | 6.72 | 6.94 | – |
| PAT Margin (%) | 4.65 | 4.97 | 5.23 | – |
| EPS (₹) | 9.28 | 8.30 | 8.30 | 3.43 |
| ROE (%) | 29.24 | 33.51 | 35.26 | – |
| ROCE (%) | 34.80 | 47.16 | 47.16 | 42.43 |
| ROA (%) | 12.99 | 16.66 | 6,030.00 | – |
| Debt to Equity (x) | 0.15 | 0.00 | 0.00 | – |
To understand the above financial ratios / financial performance metrics as per the Draft Red Herring Prospectus, visit here.
Mehul Telecom SME IPO Review
You must assess the company’s financial position before deciding on investments. You can read our full review article here.
Disclaimer: The information provided on this website is for general informational purposes only. Before making any investment decisions, you must consult with a qualified financial adviser.
IPO Financial Snapshot
✅Strengths
⚠️Weaknesses
Listing Day TradingBSE SME
Quick Links
Mehul Telecom Details
Mehul Telecom Ltd. began operations in May 2023. The company operates in the multi-brand mobile and electronics retail sector. It manufactures for the Gujarat market. The team provides smartphones and accessories to clients using the COCO and FOFO retail models. Its main office is in Rajkot. The firm employs 27 workers in various departments. The company is an omnichannel retailer offering products from major brands such as MI, Samsung, and Vivo. It sells allied accessories, including wearables, audio devices, and power solutions.
Main Offerings:
Key Strength:
Company Address: West Gate Shop 223, 150 Ft Ring Road, Rajkot Raiya Road, Rajkot, Gujarat, 360007
You can contact the company via call or email.
0281 2991223 / info@mehultelecom.com
Intermediaries & Key Contacts
Frequently Asked Questions
Mehul Telecom IPO is an SME IPO of 28,29,600 equity shares. It aggregates up to ₹27.73 Crores. The price is fixed at ₹96 to ₹98 per share.
The minimum lot size for this IPO is 1,200 shares. A retail investor needs to apply for at least 2 lots, which is 2,400 shares.
The IPO opens on April 17, 2026, and bidding closes on April 21, 2026. Investors must apply within this period.
Kfin Technologies Ltd. is the official registrar for this public issue. They will manage the application processing and share allotment.
The share allotment is expected to be finalized on April 22, 2026. Investors can check the allotment status online on the registrar’s website.
The shares of Mehul Telecom IPO will list on the BSE SME platform. The tentative listing date is fixed as April 24, 2026.
You can apply for this IPO using the ASBA facility through your bank or using UPI on your broker’s mobile application. You must follow the schedule.
No comments yet. Be the first to share your thoughts!