Mehul Telecom SME IPO Details, Financials, Valuation & Peers
Explore Mehul Telecom SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Mehul Telecom Private Limited is a multi-brand mobile retail chain, incorporated in May 2023. The company operates through a hybrid "COCO" (Company Owned, Company Operated) and "FOFO" (Franchisee Owned, Franchisee Operated) retail model.
Mehul Telecom's core business is the retail of smartphones and a wide range of connected lifestyle products and peripherals. Their product portfolio includes wearables, audio devices, and power solutions. Specific items offered are speakers, smartwatches, earphones, headphones, tablets, mobile covers, phone chargers, screen guards, power banks, phone warranty plans, Fire Sticks, and car holder clamps.
The company focuses on the mobile retail industry.
Key highlights include:
- Incorporated in May 2023.
- Operates a hybrid retail model (COCO/FOFO).
- Offers a diverse product portfolio beyond just smartphones.
- Employs 12 personnel as of June 30, 2025.
Objects of the Issue
- Funding of working capital needs
- General Corporate Purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 17 Apr - 21 Apr 2026 |
| IPO Price Band | ₹96 - ₹98 per share |
| Fresh Issue | 26.32 Cr |
| Offer For Sale | NIL |
| Total IPO Size | 26.32 Cr |
| Face Value | 10 |
| Listing On | BSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 17 Apr 2026 |
| IPO Closing Date | 21 Apr 2026 |
| Basis Of Allotment | 22 Apr 2026 |
| Refunds | 23 Apr 2026 |
| Demat Transfer | 23 Apr 2026 |
| IPO Listing Date | 24 Apr 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Dec 2025 |
|---|---|---|---|
| Assets | 34.41 | 0.10 | 54.41 |
| Total Income | 115.47 | 152.02 | |
| Profit After Tax | -0.01 | 5.74 | 7.07 |
| EBITDA | 3.04 | 8.02 | 9.71 |
| NET Worth | 0.09 | 17.10 | 24.18 |
| Reserves and Surplus | -0.01 | 9.48 | 16.55 |
| Total Borrowing | 0.07 | 3.72 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Bhatia Communications & Retail (India) | 18.94 | 1.1 | 15.56% | 7.08 |
| Jay Jalaram Technologies | 17.13 | 2.87 | 10.02% | 56.81 |
| Fonebox Retail | 14.45 | 4.43 | 13.18% | 33.62 |
| Mehul Telecom | 8.3 | 35.31% | 23.49 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 13,40,400 |
| Non-Institutional Investor (NII/HNI) | 4,03,200 |
| Retail Individual Investor (RII) | 9,42,000 |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 32.5 |
| Non-Institutional Investor (NII/HNI) | 79.38 |
| Retail Individual Investor (RII) | 37.41 |
| Total | 44.91 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Lead Managers
- Cumulative Capital Pvt.Ltd.
Company Address
Mehul Telecom Ltd.
West Gate Shop 223,
150 Ft Ring Road,
Rajkot Raiya Road,
Rajkot, –360007
Website:https://www.mehultelecom.com/
Phone:0281 2991223
Email:info@mehultelecom.com
FAQs
- What is the issue size of the Mehul Telecom SME IPO?The Mehul Telecom SME IPO has an issue size of 26.32 Cr. This includes a fresh issue of 26.32 Cr and an offer for sale (OFS) of NIL.
- What is the price band of the Mehul Telecom IPO?The price band for the Mehul Telecom IPO is ₹96 - ₹98 per share.
- What are the bidding dates for the Mehul Telecom IPO?The Mehul Telecom IPO will open for bidding on 17 Apr 2026 and close on 21 Apr 2026.
- What is the allotment date for the Mehul Telecom IPO?The allotment date for the Mehul Telecom IPO is 22 Apr 2026.
- What is the minimum lot size and investment required for the Mehul Telecom IPO?The minimum lot size for the Mehul Telecom IPO is 1200 shares and the minimum investment required is ₹1,17,600.
- What is the listing date for the Mehul Telecom IPO?The listing date for the Mehul Telecom IPO is 24 Apr 2026.
- What is the Mehul Telecom IPO grey market premium?The grey market premium (GMP) for the Mehul Telecom IPO is currently at ₹3, with an expected listing gain of approximately 3.06%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.