Valuation
Market Cap
₹102.43 Cr
P/E Ratio
11.81x
P/B Ratio
4.17x
Mehul Telecom IPO Dates
Business Overview
Mehul Telecom Limited is a Gujarat-based retail chain specializing in multi-brand smartphones, electronics, and lifestyle accessories. Headquartered in Rajkot, it operates 80 stores statewide through a hybrid model: 6 Company-Owned (COCO) and 74 Franchisee-Owned (FOFO) outlets. The company retails top brands like Samsung and Xiaomi, alongside home appliances like TVs and ACs, utilizing omnichannel checkout.
Lots & IPO Size
Mehul Telecom IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 2 | 2,400 | ₹2,35,200 |
| Ind (Max) | 2 | 2,400 | ₹2,35,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,52,800 |
| S-HNI (Max) | 8 | 9,600 | ₹9,40,800 |
| B-HNI (Min) | 9 | 10,800 | ₹10,58,400 |
Mehul Telecom IPO Size
Objects of the Issue
Funding working capital needs
General corporate purposes & issue expenses
Mehul Telecom IPO Live Subscription
Updated as on 21 Apr 2026 | 06:57:44 PM
| Category | Sub (x) | Offered | Bids | Amount(Cr) |
|---|---|---|---|---|
| QIB | 32.50x | 5,49,600 | 1,78,60,800 | 175.04 |
| NII | 79.38x | 4,03,200 | 3,20,06,400 | 313.66 |
| bHNI | 96.42x | 2,68,800 | 2,59,18,800 | 254.00 |
| sHNI | 45.29x | 1,34,400 | 60,87,600 | 59.66 |
| Individual | 37.41x | 9,43,200 | 3,52,82,400 | 345.77 |
| Total | 44.91x | 18,96,000 | 8,51,49,600 | 834.47 |
Updated as on 21 Apr 2026 | 06:57:44 PM
Mehul Telecom IPO Details Live GMP
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 24 Apr | ₹4 (4.1%) | ₹102 |
| 23 Apr | ₹3 (3.1%) | ₹101 |
| 22 Apr | ₹3 (3.1%) | ₹101 |
| 21 Apr | ₹2 (2%) | ₹100 |
| 20 Apr | ₹6 (6.1%) | ₹104 |
| 19 Apr | ₹5 (5.1%) | ₹103 |
| 18 Apr | ₹5 (5.1%) | ₹103 |
| 17 Apr | ₹5 (5.1%) | ₹103 |
| 16 Apr | ₹3 (3.1%) | ₹101 |
| 15 Apr | ₹0 (0%) | ₹98 |
| 14 Apr | ₹0 (0%) | ₹98 |
| 13 Apr | ₹0 (0%) | ₹98 |
Mehul Telecom IPO Peer Comparison
(Rs. in crores)
| Particulars | Mehul Telecom | Fonebox Retail | Jay Jalaram | Bhatia Com |
|---|---|---|---|---|
| Revenue | 120.89 | 2,342.74 | 339.09 | 442.72 |
| PAT | 6.04 | 4.55 | 6.76 | 13.79 |
| EPS (₹) | 8.30 | 4.43 | 5.27 | 1.10 |
| NAV (₹) | 23.49 | 33.62 | 56.81 | 7.08 |
| RONW | 35.31% | 13.18% | 10.02% | 15.56% |
| EBITDA | 6.63% | 2.16% | 2.11% | 4.94% |
| PAT Mrgn | 5.00% | 1.33% | 1.01% | 3.11% |
| PE Ratio | 11.81 | 14.45 | 17.13 | 18.94 |
Mehul Telecom IPO Financial Performance
(Rs. in crores)
| Particulars | Dec-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| Revenue | 151.99 | 115.38 | - |
| PAT | 7.07 | 5.74 | -0.01 |
| Net Worth | 24.18 | 17.10 | 0.09 |
| Borrowings | 3.72 | 0.07 | - |
| Assets | 54.41 | 34.41 | 0.10 |
| NAV (₹) | 31.72 | 23.49 | 4.81 |
| EPS (₹) | 9.28 | 8.30 | 3.43 |
Key Performance Indicators (KPIs)
EBITDA
6.63%
PAT
5.00%
ROE
59.84%
ROCE
47.16%
Promoter Holding
Promoter
94.25%
Public
5.75%
Management
Registrar & Lead Managers
Registrar
KFin Technologies
Lead Managers (1)
Company Details
Name: Mehul Telecom Limited
Address: West Gate Shop 223, 150 Ft Ring Road, Rajkot Raiya Road, Rajkot, Gujarat - 360007 India
Number: 0281 2991223
Email: Info@mehultelecom.com
Website: https://www.mehultelecom.com
Explore More IPOs
Discover other active and upcoming IPOs.
Live IPOs
View All
Opening Soon
View All
Recently Closed
View All
Frequently Asked Questions (FAQs)
What is Mehul Telecom IPO?
When will Mehul Telecom IPO open?
What is the GMP of Mehul Telecom IPO?
What is the lot size of Mehul Telecom IPO?
When is the allotment of Mehul Telecom IPO?
What is the listing date of Mehul Telecom IPO?
What is the subscription of Mehul Telecom IPO?
What is the price band of Mehul Telecom IPO?
How to check allotment status of Mehul Telecom IPO?
How to apply Mehul Telecom IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Mehul Telecom IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Mehul Telecom IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Mehul Telecom IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
Delete Comment?
Are you sure you want to delete this comment? This action cannot be undone.
Discussion
Join the discussion!
Log In to CommentNo comments yet. Be the first to share your thoughts!