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.
Live IPO subscription for Mehul Telecom IPO across categories. Total demand ₹8.53 Cr vs offered ₹18.96 L.
| Category | Placed | Offered | Times |
|---|---|---|---|
| QII | 1,78,60,800 | 5,49,600 | 32.50 |
| NII | 3,21,50,400 | 4,03,200 | 79.74 |
| NII (>10L) | 2,60,62,800 | 2,68,800 | 96.96 |
| NII (<10L) | 60,87,600 | 1,34,400 | 45.29 |
| Retail | 3,52,82,400 | 9,43,200 | 37.41 |
| Total | 8,52,93,600 | 18,96,000 | 44.99 |
| Category | Placed | Offered | Times |
|---|---|---|---|
| HNI (>10L) | 2,323 | 73 | 31.82 |
| HNI (3-10L) | 1,692 | 37 | 45.73 |
| Retail | 14,701 | 393 | 37.41 |
| Total | 18,716 | 503 | 37.21 |
How to read QIB / NII / Retail demand and what it implies.