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Mehul Telecom Limited IPO Subscription

BSE SMEListed

Telecom - Infrastructure · Listed on BSE · 17 Apr 2026 - 21 Apr 2026

Jagat JoshiJagat Joshi
November 2, 2026
Issue Size
28.00 Cr
Price Band
₹96.00 - ₹98.00
Lot Size
1200 Shares
Min Investment
₹2,35,200
GMP
₹3
Subscription
44.91x
₹834.47 Cr
IPO Timeline
IPO OpensDONE
17 Apr 2026
IPO ClosesDONE
21 Apr 2026
Basis of AllotmentDONE
22 Apr 2026
RefundsDONE
23 Apr 2026
Demat CreditDONE
23 Apr 2026
ListingDONE
24 Apr 2026

About Mehul Telecom Limited IPO

Mehul Telecom IPO open date is April 17, 2026 and the IPO will close on April 21, 2026. Mehul Telecom IPO is a Bookbuilding Issue. The company to raise around ₹28 crores via IPO that comprises fresh issue of ₹28 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Mehul Telecom IPO price band is ₹96 to ₹98 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Mehul Telecom IPO to list on BSE SME on April 24, 2026. The allotment of Mehul Telecom IPO date is April 22, 2026.

The company reported revenue of ₹121.02 crores in 2025 against ₹107.37 crores in 2024. The company reported profit of ₹6.04 crores in 2025 against profit of ₹2.19 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

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Mehul Telecom Limited IPO Subscription Status

QIB
32.50x
NII
79.38x
bNII
96.42x
sNII
45.29x
Retail
37.41x
Total
44.91x

Subscription Status

CategorySubscription (x)Shares OfferedShares bid forTotal Amount (₹ Cr)
QIB (Ex. Anchor)32.50x5,49,6001,78,60,800₹175.04 Cr
NII79.38x4,03,2003,20,06,400₹313.66 Cr
bNII > ₹10L96.42x2,68,8002,59,18,800₹254.00 Cr
sNII < ₹10L45.29x1,34,40060,87,600₹59.66 Cr
Retail37.41x9,43,2003,52,82,400₹345.77 Cr
Total44.91x18,96,0008,51,49,600₹834.47 Cr

IPO Reservation

Investor CategoryShares Offered% of Net Issue
QIB13,39,20049.87%
- Anchor7,89,6000.00%
- QIB (Ex. Anchor)5,49,6000.00%
NII4,03,20015.01%
- bNII > ?10L2,68,8000.00%
- sNII < ?10L1,34,4000.00%
Retail9,43,20035.12%
Share HoldersTBA0.00%
Market Maker1,44,0000.00%
Total28,29,600100.00%

IPO Anchor Investors

Anchor Investors Letter (PDF)
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Frequently Asked Questions (FAQ)

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