IPO market

Mehul Telecom IPO is a SME book building IPO. Issue size is 28 Cr. Price band is ₹96 to ₹98 per share. Minimum investment is ₹2.35 L. Lot size is 1200 shares. Open from 17 Apr 2026 to 21 Apr 2026. Allotment on 22 Apr 2026. Listing on 24 Apr 2026 at BSE. Managed by Cumulative Capital Pvt.Ltd. Registrar: Kfin Technologies Limited. Key details for GMP, subscription, price, allotment, and listing in one place.
Price band and lot size for Mehul Telecom IPO. Price band is ₹96 to ₹98 per share. Face value is ₹10 per share. Lot size is 1200 shares. Minimum retail investment from ₹2.35 L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,35,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,52,800 |
| S-HNI (UPI) | 4 | 4,800 | ₹4,70,400 |
| S-HNI (Max) | 8 | 9,600 | ₹9,40,800 |
| B-HNI (Min) | 9 | 10,800 | ₹10,58,400 |
Pre-filled: Issue Price = ₹98, Lot Size = 1,200 shares, Listing Price = ₹108
| Category | Lots | Investment | At listing | Profit |
|---|---|---|---|---|
| Retail (Min) | 2 | ₹2,35,200 | ₹108 | +₹24,000 |
| S-HNI (Min) | 3 | ₹3,52,800 | ₹108 | +₹36,000 |
| S-HNI (UPI) | 4 | ₹4,70,400 | ₹108 | +₹48,000 |
| S-HNI (Max) | 8 | ₹9,40,800 | ₹108 | +₹96,000 |
| B-HNI (Min) | 9 | ₹10,58,400 | ₹108 | +₹1,08,000 |
Profit based on the official listing price for each investor category.
Price band, lot size, and minimum investment—explained.