All IPOs
Jagat Joshi

Mehul Telecom Limited IPO Subscription
BSE SMEListedTelecom - Infrastructure · Listed on BSE · 17 Apr 2026 - 21 Apr 2026
Jagat JoshiNovember 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
17 Apr 2026
IPO Opens
COMPLETED
21 Apr 2026
IPO Closes
COMPLETED
22 Apr 2026
Basis of Allotment
COMPLETED
23 Apr 2026
Refunds
COMPLETED
23 Apr 2026
Demat Credit
COMPLETED
24 Apr 2026
Listing
COMPLETED
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
Advertisement
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
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Amount (₹ Cr) |
|---|---|---|---|---|
| QIB (Ex. Anchor) | 32.50x | 5,49,600 | 1,78,60,800 | ₹175.04 Cr |
| NII | 79.38x | 4,03,200 | 3,20,06,400 | ₹313.66 Cr |
| bNII > ₹10L | 96.42x | 2,68,800 | 2,59,18,800 | ₹254.00 Cr |
| sNII < ₹10L | 45.29x | 1,34,400 | 60,87,600 | ₹59.66 Cr |
| Retail | 37.41x | 9,43,200 | 3,52,82,400 | ₹345.77 Cr |
| Total | 44.91x | 18,96,000 | 8,51,49,600 | ₹834.47 Cr |
IPO Reservation
| Investor Category | Shares Offered | % of Net Issue |
|---|---|---|
| QIB | 13,39,200 | 49.87% |
| - Anchor | 7,89,600 | 0.00% |
| - QIB (Ex. Anchor) | 5,49,600 | 0.00% |
| NII | 4,03,200 | 15.01% |
| - bNII > ?10L | 2,68,800 | 0.00% |
| - sNII < ?10L | 1,34,400 | 0.00% |
| Retail | 9,43,200 | 35.12% |
| Share Holders | TBA | 0.00% |
| Market Maker | 1,44,000 | 0.00% |
| Total | 28,29,600 | 100.00% |
IPO Anchor Investors
Anchor Investors Letter (PDF)Advertisement

Join the discussion
Please sign in to leave a comment or reply.