Open Date
17 Apr 2026
Close Date
21 Apr 2026
Listing Date
24 Apr 2026
Max Investment
₹9,40,800
Price Range
₹96 - ₹98
Lot Size
-
IPO Size
₹27.73Cr
Exchange Symbols
Mehul Telecom Ltd IPO
₹2,35,200
/ 2,400
Cutoff - Lot Size
Mehul Telecom IPO Dates and Timelines
Mehul Telecom IPO Size
Mehul Telecom IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
7,89,600
-
QIB Shares Offered
13,40,400
49.91%
NII (HNI) Shares Offered
4,03,200
15.01%
Retails Shares Offered
9,42,000
35.08%
Total Shares Offered
28,29,600
-
Total Shares with Anchor Investor
21,30,000
100%
Mehul Telecom IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
-
-
-
Retail (Max)
-
-
-
S-HNI (Min)
1
2400
₹2,35,200
S-HNI (Max)
4
9600
₹9,40,800
B-HNI (Min)
5
12000
₹11,76,000
Mehul Telecom IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
94.25%
68.74%
Public Group
5.75%
31.26%
Mehul Telecom IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
Mehul Telecom IPO Peers
Peer Name
P/E(x)
RoNW%
Fonebox Retail limited
14.45
13.18
Jay Jalaram Technologies Limited
17.13
10.02
Bhatia Communications & Retail (India) Limited
18.94
15.56
Mehul Telecom IPO Strengths & Risks
Strength
Risks
Experienced Promoters and Management Team.
Extensive Distribution Network in Gujarat.
Comprehensive Product Range.
Strategic Store Locations and Customer Experience.
Opening and closing of stores is a regular part of the Company's business and depends mainly on the revenuegenerating potential of each location. Store performance is influenced by factors such as location, customer footfall, product mix, and operating efficiency. High-revenue stores are retained to strengthen its retail network, while underperforming outlets are rationalized or closed. This approach, while optimizing operations, exposes the company to risks of site selection errors, demand misjudgment, and closure-related costs.IPO Registrars
KFin Technologies Ltd
Phone Number:
91 40 6716 2222/1800
Email ID:
Website:
www.kfintech.com
Mehul Telecom Limited
The Company, Mehul Telecom Limited is in the business of operating a multi-brand mobile retail chain offering smartphones and Other electronic products and accessories through a hybrid "COCO" (Company Owned, Company Operated) and "FOFO" (Franchisee Owned, Franchisee Operated) retail model. Its retail portfolio comprises products from leading smart phone and phone accessory manufacturers viz., MI, Samsung, Vivo, Oppo, Realme, Nokia, OnePlus, Redmi, Nothing, Tecno, Intel, Infinix, Xiaomi and other popular Brands. In addition to handsets, the company retails connected lifestyle products and peripherals such as Air Conditioners, Refrigerators, Washing Machines, Televisions, 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. Its stores support omnichannel checkout including UPI, mobile wallets, and integrated POS terminals. The Company operates under the brand name "Mehul Telecom". As on the date of Red Herring Prospectus, the company operates from total 80 stores across the state of Gujarat out of which 6 are COCO stores and 74 are FOFO stores.
Contact Details
IPO Company Name:
Mehul Telecom Limited
Phone Number:
0281 2991 223
Email ID:
Website:
www.mehultelecom.com
Address:
Rajkot, Gujarat
Mehul Telecom IPO Overview
Mehul Telecom: IPO Dates
The Mehul Telecom IPO opens for subscription on 17 Apr 2026, and closes on 21 Apr 2026. Investors will likely receive their allotment status updates on 22 Apr 2026. Those who get allotted shares can expect them credited to their Demat accounts by 23 Apr 2026. The shares will be officially listed on the stock exchange on 24 Apr 2026.
Mehul Telecom: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹96.0 and ₹98.0 per share.Investors can apply within this range. This SME issue includes a fresh issue worth ₹27.73 crore and an offer for sale valued at ₹ - crore. The exact listing price will be revealed on 24 Apr 2026, which is when the shares start trading on the exchange.
Mehul Telecom: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately ₹27.73Cr crore.
How to Apply for Mehul Telecom IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select Mehul Telecom IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for Mehul Telecom?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the Mehul Telecom IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 17 Apr 2026.
What is the close date of IPO?
- The closing date of IPO is 21 Apr 2026.
What is the issue size of IPO?
- The issue size of IPO is Rs 27.73 Cr.
What is the lot size of IPO?
- The size per lot of IPO is 2400.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 22 Apr 2026.
What is the listing date of IPO?
- IPO will get listed on 24 Apr 2026.
Who is the registrar of IPO?
- The registrar of IPO is KFin Technologies Ltd.
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