Mehul Telecom IPO is to open on April 17, 2026. It is an SME IPO that will raise ā¹28 crores. The Mehul Telecom IPO price band is fixed at ā¹96 to ā¹98 with a market lot of 2,400 Shares.
Mehul Telecom IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Gain |
| 24 April | ā¹3 |  | 3.06% |
| 23 April | ā¹3 | | 3.06% |
| 22 April | ā¹3 | | 3.06% |
| 21 April | ā¹5 |  | 5.10% |
| 20 April | ā¹5 | | 5.10% |
| 18 April | ā¹4.5 | | 4.59% |
| 17 April | ā¹4.5 | | 4.59% |
| 16 April | ā¹4 | | 4.08% |
| 15 April | ā¹- | – | -% |
| 14 April | ā¹- | – | -% |
| 13 April | ā¹- | – | -% |
| 11 April | ā¹- | – | -% |
Mehul Telecom IPO Details
| IPO Open Date | April 17, 2026 |
| IPO Close Date | April 21, 2026 |
| Face Value | ā¹10 Per Equity Share |
| IPO Price Band | ā¹96 to ā¹98 Per Share |
| Issue Size | Approx ā¹28 Crores, 30,00,000 Equity Shares |
| Fresh Issue | Approx ā¹28 Crores, 30,00,000 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Mehul Telecom IPO Dates
| IPO Open Date: | April 17, 2026 |
| IPO Close Date: | April 21, 2026 |
| Basis of Allotment: | April 22, 2026 |
| Refunds: | April 23, 2026 |
| Credit to Demat Account: | April 23, 2026 |
| IPO Listing Date: | April 24, 2026 |
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.
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