Issue Price
₹98
Per Share
GMP
NIL
Grey Market
Est. Listing
₹98
Expected Price
Min. Application
₹235,200
2 lots × 1200 shares
Mehul Telecom Ltd is proposing an Initial Public Offering (IPO) on the BSE SME platform under the SME category. The total issue size is 28,29,600 shares (agg. up to ₹28 Cr).
Subscription opens 17 Apr 2026, closes 21 Apr 2026. Listing expected 24 Apr 2026. Apply via ASBA or UPI.
Mehul Telecom Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1,340,400 | — | ₹13.14 Cr | — |
| NII / HNI | 403,200 | — | ₹3.95 Cr | — |
| Retail (RII) | 942,000 | — | ₹9.23 Cr | — |
| Market Maker | 144,000 | — | ₹1.41 Cr | — |
| TOTAL | 2,829,600 | 100.00% | ₹27.73 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹117,600 |
| Retail (Max) | 13 | 15,600 | ₹1,528,800 |
| sNII (Min) | 14 | 16,800 | ₹1,646,400 |
| bNII (Min) | 68 | 81,600 | ₹7,996,800 |
| Particulars | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 152.02 | N/A | 115.47 |
| EBITDA | 9.71 | 8.02 | 3.04 |
| Profit After Tax (PAT) | 7.07 | 5.74 | -0.01 |
| Net Worth | 24.18 | 17.10 | 0.09 |
| Total Assets | 54.41 | 0.10 | 34.41 |
| Reserves & Surplus | 16.55 | 9.48 | -0.01 |
| Total Borrowings | 3.72 | 0.07 | N/A |