Mehul Telecom IPO
Mehul Telecom IPO is a book built issue of ₹20,40,000 crores. The issue is entirely a fresh issue. The subscription opens on 17 Apr '26 and closes on 21 Apr '26, with the basis of allotment expected to be finalised on 22 Apr '26. The shares are scheduled to list on BSE. The price band is set at ₹96 to ₹98 per share with a minimum lot size of 1,200 shares. Cumulative Capital Pvt Ltd is the book-running lead manager, while Kfin Technologies Ltd is the registrar of the issue; for detailed information, refer directly to the official Mehul Telecom IPO RHP.
Free Demat with Zero AMC*
Mehul Telecom IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 10,20,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 3,06,000 crores |
| Retail Individual Investors (RIIs) | 35% | 7,14,000 crores |
About Mehul Telecom Ltd IPO
Incorporated in May 2023, Mehul Telecom Private Limited is a multi-brand mobile retail chain offering smartphones and accessories through a hybrid retail model comprising Company Owned Company Operated (COCO) stores and Franchise Owned Franchise Operated (FOFO) outlets.
The company sells connected lifestyle products and mobile peripherals, including wearables, audio devices, power solutions, tablets, mobile covers, chargers, screen guards, power banks, warranty plans, fire sticks, car holders, and pen drives, among others, across multiple brands.
Business Model:
- COCO (Company Owned, Company Operated) retail stores
- FOFO (Franchise Owned, Franchise Operated) outlets
Product Portfolio:
Smartphones and tablets from major brands such as MI, Samsung, Apple, Vivo, Oppo, Realme, Nokia, OnePlus, Redmi, Nothing, Tecno, Infinix, Xiaomi, and others, along with a wide range of accessories and peripherals from these and other leading brands.
As of March 31, 2026, the company employed 27 personnel.
Mehul Telecom IPO Strengths & Weaknesses
Experienced Promoters and Management Team
Extensive Distribution Network in Gujarat
Comprehensive Product Range
Strategic Store Locations and Customer Experience
Low Capital Requirements for Growth
Mehul Telecom IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 20,40,000 shares (aggregating up to ₹2,35,200 crores) |
| Fresh Issue | 2.6 shares (aggregating up to ₹26 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 102.43 shares |
| Post-Issue Shareholding | 0 shares |
Mehul Telecom IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Mehul Telecom ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Mehul Telecom IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Mehul Telecom IPO Contact & Registrar Details
Contact Details
Address
West Gate Shop 223 150 Ft Ring Road Rajkot
Phone Number
Website
Registrar Details
Registrar Name
Kfin Technologies Ltd
Phone Number
Mehul Telecom Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Cumulative Capital Pvt Ltd |
