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  2. /Mehul Telecom IPO
Mehul Telecom IPO logo

Mehul Telecom IPO

SME • BSE

Min. investment

₹2,35,200

IPO DetailsSubscriptionPriceListingAllotmentReviewsNews

Issue Size

₹28 Cr

Price

₹96 to ₹98

Lot Size

1200 shares

IPO Dates

17 Apr - 21 Apr

Min. Investment

₹2,35,200

Status

Listed

Issue Size

₹28 Cr

Price

₹96 to ₹98

Lot Size

1200 shares

IPO Dates

17 Apr - 21 Apr

Min. Investment

₹2,35,200

Status

Listed

Mehul Telecom IPO overview

IPO Prospectus

DHRPRHP

IPO Progress

17 Apr

Open

21 Apr

Close

22 Apr

Allotment

24 Apr

Listing

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Key Financial Ratios

P/E

10.86x

EBIDTA

6.63%

ROE

35.31%

PAT

5.00%

IPO Lot Size

Cat.CategoryLotsSharesNo of sharesAmountProfitProfit
Retail (Min)22,400₹2,35,200+₹24,000+10.2%
S-HNI (Min)33,600₹3,52,800+₹36,000+10.2%
S-HNI (UPI)44,800₹4,70,400+₹48,000+10.2%
S-HNI (Max)89,600₹9,40,800+₹96,000+10.2%
B-HNI (Min)910,800₹10,58,400+₹1,08,000+10.2%

Profit based on the official listing price for each investor category.

Subscription Figure

CategoryOfferedAppliedTimes
QII5,49,6001,78,60,80032.50
NII4,03,2003,21,50,40079.74
NII (>10L)2,68,8002,60,62,80096.96
NII (<10L)1,34,40060,87,60045.29
Retail9,43,2003,52,82,40037.41
Total18,96,0008,52,93,60044.99

Application-Wise Breakup

HNI (>10L)732,32331.82
HNI (3-10L)371,69245.73
Retail39314,70137.41
Total50318,71637.21
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Lead Manager(s)

  1. Cumulative Capital Pvt.Ltd.

Company Promotor(s)

  1. Mehul Vasantbhai Raymagiya
  2. Raymagiya Hemali Mehulbhai

Registrar Details

Name

Kfin Technologies Limited

Phone

4067162222

Email

reachus@kfintech.com

Address

KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India - 500 032.

Website

https://kfintech.com/

Company Contact Details

Name

Mehul Telecom IPO

Phone

0281 2991223

Email

info@mehultelecom.com

Website

https://www.mehultelecom.com/

Address

West Gate Shop 223, 150 Ft Ring Road, Rajkot Raiya Road, Rajkot, Gujarat, 360007

About Company

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

Disclaimer

Information on this page is for general awareness only and is not investment advice. Grey market premium (when shown) is unofficial and indicative. Always read the RHP/DRHP and consult a qualified adviser before investing.

Common questions about Mehul Telecom IPO

What is Mehul Telecom IPO?

Mehul Telecom IPO is a public issue where the company offers its shares to investors through the stock , allowing retail, HNI, and institutional participation.

What is the IPO price band of Mehul Telecom IPO?

What is the minimum investment required for Mehul Telecom IPO?

What is the lot size of Mehul Telecom IPO?

What are the opening and closing dates of Mehul Telecom IPO?

What is Mehul Telecom IPO subscription status?

What is Mehul Telecom IPO GMP today?

Is Mehul Telecom IPO GMP positive or negative?

What does Mehul Telecom IPO GMP indicate for listing?

When is Mehul Telecom IPO listing date?

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Can Mehul Telecom IPO subscription and GMP change before listing?

Offer Breakup

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  • Market maker5.1%
  • QIB47.4%
  • NII14.3%
  • RII33.3%

Financial Performance

Mehul Telecom IPO

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Mehul Telecom IPO Ratings & Reviews