The Mehul Telecom IPO opened on 17 April 2026. It will close on 21 April 2026. The Total IPO Size is 28 Crores.
Mehul Telecom has set its IPO price at 110 Rs per share. They divided IPO into three general categories: 1) QIB, 2) Retail, and 3) NII.
Mehul Telecom is engaged 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.
The 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. .
They operate from total 80 stores across the state of Gujarat out of which 6 are COCO stores and 74 are FOFO stores.
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Mehul Telecom IPO Promoter Holding
Mehul Vasantbhai Raymagiya and Raymagiya Hemali Mehulbhai are the Promoters of the company.
Mehul Telecom IPO Date, Details & Price Band
| IPO Opening Dates | 17-April-2026 |
| IPO Closing Dates | 21-April-2026 |
| Price Band | 96-98 Rs |
| Fresh Issue | 28 crore |
| Offer for sale | NI |
| Total IPO size | 28 crore |
| Face Value | 10 INR Per Share |
| Listing On | BSE SME |
| Market Cap | 102.43 Cr |
Mehul Telecom IPO Market Lot
The minimum market lot for the Mehul Telecom IPO is 2,400 shares, with an amount of ₹2,35,200 per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 2 | 2,400 | 2,35,200 Rs |
| Retail Maximum | 2 | 2,400 | 2,35,200 Rs |
| HNI (Min) | 3 | 3,600 | 3,52,800 Rs |
Mehul Telecom IPO: Object of the Issue
1. Funding of working capital needs ;
2. General corporate purposes ; and
3. Issue related expenses
Restated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Sep-25 | 54.41 | 152.02 | 7.07 |
| 31-Mar-25 | 34.41 | 115.47 | 5.74 |
| 31-Mar-24 | 0.10 | -0.01 |
Mehul Telecom IPO GMP Grey Market Premium
Mehul Telecom’s IPO GMP (Grey Market Premium) has started today. Check the Latest Mehul Telecom IPO GMP Grey Market Premium, Kostak Rates, and Subject to Sauda Price here.
Mehul Telecom IPO Prospectus
| RHP | Download |
Mehul Telecom IPO Form Download
Mehul Telecom IPO is available on the BSE Website as well as on our Portal. Please click here, Mehul Telecom IPO Form Download.
Mehul Telecom IPO Allotment Date & Details
| Allotment Date | 22-Apr-2026 |
| Initiation of refunds | 23-Apr-2026 |
| Transfer of shares to Demat accounts | 23-Apr-2026 |
| Listing Date | 24-Apr-2026 |
| Check Allotment Status | Click here |
Registrar of Mehul Telecom IPO
KFIN TECHNOLOGIES LIMITED
Address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada,
Kurla (West), Kurla, Mumbai, Mumbai, Maharashtra, India, 400070
Telephone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com
Contact Person: M Murali Krishna
SEBI Registration Number: INR000000221
CIN: L72400MH2017PLC444072
Mehul Telecom Contact Details
Mehul Telecom Ltd
West Gate Shop 223,
150 Ft Ring Road,
Rajkot Raiya Road,
Rajkot, Gujarat, 360007
0281 2991223
[email protected]
Mehul Telecom IPO Lead Managers
CUMULATIVE CAPITAL PRIVATE LIMITED
B 309-311, 215 Atrium, Nr. Courtyard Marriott Hotel, Andheri Kurla Road,
Andheri East, Chakala Midc, Mumbai, Maharashtra, India, 400093
Telephone: +91 9819 662 664/ +91 820 005 2280
Email: [email protected]
Investor grievance email: [email protected]
Website: www.cumulativecapital.group
Contact Person: Swapnilsagar Vithalani/ Jigar Bhanushali
SEBI registration number: INM000013129
CIN: U64910MH2023PTC414974
