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Mehul Telecom Ltd

Mehul Telecom Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹98
₹98
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹98
Based on GMP
Min. Investment
₹117,600
1 lot × 1200 shares
Subscribed
31.82x
Over-subscribed
IPO Details
Open Date
17 Apr 2026
Close Date
21 Apr 2026
Allotment
27 Apr 2026
Listing Date
24 Apr 2026
Exchange
BSE SME
Price Band
₹98
Listing Price
See chart
Allotment Status
Price Band
₹98
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
28,29,600 shares (agg. up to ₹28 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹117,600
1 lot
Pre-IPO Holding
76,22,000 shares
Promoters
Post-IPO Holding
1,04,51,600 shares
Promoters
P/E (Pre)
13.02x
 
P/E (Post)
10.86x
 
EPS (Pre)
₹7.53
 
EPS (Post)
₹9.02
 
UPI Deadline
5:00 PM on 21 Apr 2026
Mandate
Anchor AllotmentThu, 16 Apr 2026
Basis of AllotmentMon, 27 Apr 2026
Refund InitiationTue, 28 Apr 2026
Demat CreditTue, 28 Apr 2026
Listing DayFri, 24 Apr 2026
UPI Mandate Deadline5:00 PM on 21 Apr 2026
Sale TypeFresh capital only
Net Offer to Public26,85,600 shares (agg. up to ₹26 Cr)
Market Maker Quota1,44,000 shares (agg. up to ₹1 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Mehul Telecom Ltd IPO subscribed 31.82 times overall. Retail: 1.00x. QIB: 13.95x. NII: 79.29x. By 21 Apr 2026.
QIB
13.95x
Over
NII/HNI
79.29x
Over
Retail
1.00x
Over
Total
31.82x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
144,000
₹1.41
QIB
Over 13.95x
1,339,200
₹13.12
NII / HNI
Over 79.29x
403,200
₹3.95
Retail
Over 1.00x
942,000
₹9.23
Total 31.82x
2,685,600
100% ₹26.32
IPO Shares Offered
Mehul Telecom Ltd IPO total issue size: ₹26.32 Cr. Retail: ₹9.23 Cr. QIB: ₹13.12 Cr. NII: ₹3.95 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 1,339,200 ₹13.12
49.87%
Market Maker 144,000 ₹1.41
5.36%
NII 403,200 ₹3.95
15.01%
Retail 942,000 ₹9.23
35.08%
Total 2,685,600 ₹26.32
100.00%
* Based on upper price band ₹98 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 403,200 942,000 1,345,200
Allotment price (₹) 98 98 98 98 98 98 98 98
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹9.23 ₹9.23
Times subscribed 13.95x 79.29x 1 31.82x
Shares allotted 403,200 942,000 1,345,200
No. of allottees
* Upper price band ₹98 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹98.00
Upper Band
Min Investment
₹117,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹235,200
Retail (Max — 13 Lots)1315,600₹1,528,800
S-HNI (Min — 14 Lots)1416,800₹1,646,400
B-HNI (Min — 68 Lots)6881,600₹7,996,800
* Issue Price ₹98 × Lot Size 1,200 shares
IPO Schedule
Anchor
16 Apr 2026
✓ Done
IPO Open
17 Apr 2026
✓ Done
IPO Close
21 Apr 2026
✓ Done
Allotment
27 Apr 2026
Upcoming
Refunds
28 Apr 2026
Upcoming
Demat Credit
28 Apr 2026
Upcoming
Listing Day
24 Apr 2026
✓ Done
Mehul Telecom Ltd — Live Price LIVE
₹98.00
INR · BSE
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Issue ₹98.00 Live Price
About Mehul Telecom Ltd

Mehul Telecom Ltd is proposing an IPO on BSE SME under the SME category. Total issue: 28,29,600 shares (agg. up to ₹28 Cr).

Opens 17 Apr 2026, closes 21 Apr 2026. Listing: 24 Apr 2026. Apply via ASBA or UPI.

Objects of the Issue
1
Object 1
2
Object 2
Mehul Telecom Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹115.5
31 Mar 2024
N/A
31 Mar 2025
₹152.0
31 Dec 2025
Profit After Tax (PAT)
-₹0.0
31 Mar 2024
₹5.7
31 Mar 2025
₹7.1
31 Dec 2025
Particulars31 Dec 202531 Mar 202531 Mar 2024
Revenue from Operations 152.02 N/A 115.47
EBITDA 9.71 8.02 3.04
Profit After Tax (PAT) 7.07 5.74 -0.01
Net Worth 24.18 17.10 0.09
Total Assets 54.41 0.10 34.41
Reserves & Surplus 16.55 9.48 -0.01
Borrowings 3.72 0.07 N/A
EBITDA Margin (%) 6.39%
PAT Margin (%) 4.65%
RoE
34.27%
RoCE
34.80%
RoNW
29.25%
PAT Margin
4.65%
EBITDA Margin
6.39%
Debt/Equity
0.15
Issue Structure & Shareholding
Total Shares Offered28,29,600
Net Offer to Public26,85,600 shares (agg. up to ₹26 Cr)
Reserved for Market Maker1,44,000 shares (agg. up to ₹1 Cr)
Pre-Issue Promoter Holding76,22,000 shares
Post-Issue Promoter Holding1,04,51,600 shares
P/BV RatioN/A
RoE34.27%
RoCE34.80%
Debt / Equity0.15
Script CodeN/A
Registrar & Lead Managers
Will be available once DRHP is filed.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Mehul Telecom Ltd IPO subscribed?

Mehul Telecom Ltd IPO is subscribed 31.82 times by Apr 21, 2026. Retail: 1.00x. QIB: 13.95x. NII: 79.29x.

Investor CategorySubscription
Qualified Institutional (QIB)13.95x
Non Institutional (NII/HNI)79.29x
Retail Individual1.00x
Total Subscription31.82x
What is Mehul Telecom Ltd IPO retail subscription status?

The Mehul Telecom Ltd IPO retail category is subscribed 1.00 times as of 21 Apr 2026. The retail portion is oversubscribed.

How to subscribe Mehul Telecom Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 17 Apr 2026 and closes 21 Apr 2026. Min investment: ₹117,600 (1 lot = 1,200 shares). UPI mandate: 5:00 PM on 21 Apr 2026.

How many times Mehul Telecom Ltd IPO subscribed?

The Mehul Telecom Ltd IPO subscribed 31.82x overall. QIB: 13.95x, NII: 79.29x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Mehul Telecom Ltd IPO allotment?

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 27 Apr 2026. Refunds: on 28 Apr 2026.

When Mehul Telecom Ltd IPO will be listed?

The Mehul Telecom Ltd IPO listing date is 24 Apr 2026, Friday. Listed on: BSE SME. Issue price: ₹98. Estimated listing: ₹98. GMP: NIL.

When Mehul Telecom Ltd IPO close?

The Mehul Telecom Ltd IPO closes on 21 Apr 2026, Tuesday. UPI mandate: 5:00 PM on 21 Apr 2026. Allotment: 27 Apr 2026. Listing: 24 Apr 2026.