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Open
17 Apr 2026
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Close
21 Apr 2026
3
Allotment
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Listing
Fri, Apr 24, 2026
Price Band
₹96 to ₹98
Issue Size
28,29,600 shares (agg. up to ₹28 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Apr 24, 2026
Latest GMP
₹3.75
Est. Gain
3.83%
✦ AI Insight
GMP Trend
24-04-2026₹3.75Est. ₹101.75+3.83%
23-04-2026₹3.75Est. ₹101.75+3.83%
22-04-2026₹3Est. ₹101+3.06%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 31.82x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 54.41 | 34.41 | 0.10 |
| Total Income | 152.02 | 115.47 | |
| Profit After Tax | 7.07 | 5.74 | -0.01 |
| EBITDA | 9.71 | 8.02 | 3.04 |
| NET Worth | 24.18 | 17.10 | 0.09 |
| Reserves and Surplus | 16.55 | 9.48 | -0.01 |
| Total Borrowing | 3.72 | 0.07 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Umiya Mobile Ltd. | SME | ₹24.88 Cr | ₹66 | 12.18 | ₹68.78 | +4.21% | ₹50.00 (-0.04%) |
| Lenskart Solutions Ltd. | Mainboard | ₹7,278.02 Cr | ₹402 | 227.27 | ₹403.10 | +0.27% | ₹533.65 (-1.72%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of working capital needs | 22.95 |
| 2 | General Corporate Purposes | 2.01 |
| 3 | Issue Expenses | 2.77 |
| Total | 27.73 |
About Mehul Telecom IPO
Incorporated in May 2023, Mehul Telecom Private Limited is 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. The company 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, screen guards, power banks, phone warranty plans, fire sticks, car holder clamps, pen drive etc. of various brands. Business Vertical: Sales through Company Owned Company Operated Retail Stores (COCO Model) Sales through Franchise Owned Franchise Operated Outlets (FOFO Model) Product Portfolio: Smart Phones and Tablets of all major brands operational in India like MI, Samsung, iPhone, Vivo, Oppo, Realme, Nokia, OnePlus, Redmi, Nothing, Tecno, Intel, Infinix, Xiaomi and other popular Brands in Gujarat. Allied accessories 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 of all major brands operation
Contact Details
Mehul Telecom Ltd. AddressWest Gate Shop 223150 Ft Ring RoadRaiya RoadRajkot, Gujarat, 3600070281 2991223info@mehultelecom.comVisit Website