The Mehul Telecom IPO minimum market lot is 2,400 shares with ā¹2,35,200 application amount. The Mehul Telecom IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Since its incorporation in 2023, Mehul Telecom has been a leading mobile retail chain company offering smartphones and related accessories. Founded by Mr. Mehul Raimagiya, the firm generates its sales via a hybrid āCOCOā (Company Owned, Company Operated) and āFOFOā (Franchisee Owned, Franchisee Operated) retail model.
Its product portfolio includes smartphones and tablets of all famous brands, including MI, Samsung, iPhone, Vivo, Oppo, Realme, Nokia, OnePlus, Redmi, Nothing, Tecno, Intel, Infinix, Xiaomi, and other brands. Along with smartphones, the firm also sells a range of accessories, speakers, smartwatches, earphones, headsets, tablets, mobile covers, phone chargers, screen guards, power banks, fire sticks, car holders, and pen drives of major brands. Moreover, the company includes a total of 27 employees as of March 31, 2026.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Mehul Telecom IPO Subscription Status – Day 2
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.34 | 1.34 | 0.00 |
| NII | 9.82 | 15.84 | 0.00 |
| RII | 2.34 | 6.37 | 0.00 |
| Total | 3.64 | 6.93 | 0.00 |
Mehul Telecom IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Mehul Telecom IPO Review and Rating
- TBA
Mehul Telecom IPO Form
How to apply for the Mehul Telecom IPO? You can apply for the Mehul Telecom IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mehul Telecom IPO in the Invest section. The other option is that you can apply for the Mehul Telecom IPO via IPO forms downloaded online. Check out the Mehul Telecom forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
