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Mehul Telecom Ltd. IPO
IPO Timeline
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17 Apr 2026Bidding Starts
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21 Apr 2026Bidding Ends
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22 Apr 2026Allotment Finalization
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24 Apr 2026Listing
About Mehul Telecom Ltd.
Mehul Telecom Limited is in the business of operating a multi-brand mobile retail chain offering smartphones and accessories through a hybrid “COCO” (Company Owned, Company Operated) and “FOFO” (Franchisee Owned, Franchisee Operated) retail model. Our 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 Gujarat. In addition to handsets, we retail, connected lifestyle products and peripherals such as wearables, audio devices, and power solutions like speakers, smartwatch, ear phones, head phones, tablets, mobile covers, phone chargers, sceen guards, power banks, phone warranty plans, firesticks, car holder clamps, pen drive etc. of various brands. Our stores support omnichannel checkout including UPI, mobile wallets, and integrated POS terminals. We operate under the brand name “Mehul Telecom”. As on the date of Draft Red Herring Prospectus, we operate from total 64 stores across the state of Gujarat out of which 5 are COCO stores and 59 are FOFO stores.
Mehul Telecom Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 7,89,600 (27.91%) |
| Market Makers | 1,44,000 (5.09%) |
| Non Institutional Investors | 4,03,200 (14.25%) |
| Qualified Institutional Buyers (QIBs) | 5,50,800 (19.47%) |
| Retail Individual Investors (RIIs) | 9,42,000 (33.29%) |
Mehul Telecom Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2026 | 200.21 Cr | 9.96 Cr | 19.53 Cr |
| 31 Mar 2025 | 115.47 Cr | 5.74 Cr | 9.48 Cr |
| 31 Mar 2024 | 107.37 Cr | 2.20 Cr | 0 |
Mehul Telecom Ltd. Background
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2008Starting of the Firm and First owned store
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2020First Franchise Store
Crossed 50 Crores of Revenue
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2021Crossed 25 Stores
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2022Crossed 50 Stores
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2023Crossed 100 Crores of Revenue
Incorporation of the Company
1. Funding of working capital needs
2. General Corporate Purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 98.00 | - |
| Open | ₹ 108.00 | - |
| Low | ₹ 104.00 | - |
| High | ₹ 113.40 | - |
| Last Trade | ₹ 109.94 | - |
1. Mehul Vasantbhai Raymagiya
2. Raymagiya Hemali Mehulbhai
The outlook for India's electronics manufacturing industry is promising, with projections aiming to reach US$ 540 billion by 2025, showing a significant increase from the US$ 215 billion demand in FY19. The market has demonstrated steady growth during years indicating a robust 14% Compound Annual ... Read more
Phone no:7878787859
FAQs
When does Mehul Telecom Ltd. IPO opens and closes?
Mehul Telecom Ltd. IPO opens from 17th April to 21st April 2026.What is the size of Mehul Telecom Ltd. IPO?
The size of the Mehul Telecom Ltd. IPO is ₹27.73 Cr.What is the price range of Mehul Telecom Ltd. IPO?
The price range of Mehul Telecom Ltd. IPO is at ₹96 to ₹98 per share.What is the minimum investment and lot size required for the Mehul Telecom Ltd. IPO?
The minimum investment required is ₹1,17,600 and minimum lot size is 1200 shares.When is Mehul Telecom Ltd. IPO listing date?
The Mehul Telecom Ltd. IPO will be listed on 24th April 2026.What is the objective of Mehul Telecom Ltd. IPO?
1. Funding of working capital needs2. General Corporate Purposes
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