Mehul Telecom
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 17-04-2026 | 21-04-2026 | ₹10 per share | ₹96 to ₹98 | 1,200 Shares | BSE SME | 28,29,600 shares (agg. up to ₹28 Cr) | 2026-04-22 00:00:00 | 2026-04-23 00:00:00 | 2026-04-23 00:00:00 | 24-04-2026 |
About The Company
Incorporated in May 2023, Mehul Telecom Private Limited is multi-brand mobile retail chain offering smartphones and accessories through a hybrid “COCO” (Company Owned, Company Operated) and “FOFO” (Franchisee Owned, Franchisee Operated) retail model.
The company retail connected lifestyle products and peripherals such as wearables, audio devices, and power solutions like speakers, smartwatch, ear phones, head phones, tablets, mobile covers, phone chargers, screen guards, power banks, phone warranty plans, fire sticks, car holder clamps, pen drive etc. of various brands.
Business Vertical:
- Sales through Company Owned Company Operated Retail Stores (COCO Model)
- Sales through Franchise Owned Franchise Operated Outlets (FOFO Model)
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2024 | 34 | 115 | 0 | 0.09 | -0.01 | 0 |
| 31-03-2025 | 0 | 0 | 6 | 17.1 | 9.48 | 0.07 |
| 31-12-2025 | 54 | 152 | 7 | 24.18 | 16.55 | 3.72 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | 235200 |
| Individual investors (Retail) (Max) | 2 | 2400 | 235200 |
| S-HNI (Min) | 3 | 3600 | 352800 |
| S-HNI (Max) | 8 | 9600 | 940800 |
| B-HNI (Min) | 9 | 10800 | 1058400 |
IPO Listing Details
| Listing Date | 24-04-2026 |
| BSE Script Code | |
| NSE Symbol | |
| ISIN | |
| Final Issue Price |
Promoter holdings
Mehul Vasantbhai Raymagiya, and Raymagiya Hemali Mehulbhai
Contact Information of the Company
West Gate Shop 223,
150 Ft Ring Road,
Rajkot Raiya Road,
Rajkot, Gujarat, 360007
0281 2991223
info@mehultelecom.com
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IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
mehul.ipo@kfintech.com
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IPO Lead Manager
Cumulative Capital Pvt.Ltd.