Comparison between Mehul Telecom IPO and Riyaasat Lifestyle IPO.
Mehul Telecom IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Riyaasat Lifestyle IPO is a SME Bookbuilding proposed to list at BSE SME.
| Mehul Telecom IPO | Riyaasat Lifestyle IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Cumulative Capital Pvt.Ltd. | Mark Corporate Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Mehul Telecom IPO is up to ₹26.32 Cr whereas the issue size of the Riyaasat Lifestyle IPO is up to ₹28.65 Cr. The final issue price of Mehul Telecom IPO is ₹98.00 per share and of Riyaasat Lifestyle IPO is ₹106.00 per share.
| Mehul Telecom IPO | Riyaasat Lifestyle IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹96.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹98.00 per share | ₹106.00 per share |
| Issue Price (Final) | ₹98.00 per share | ₹106.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 26,85,600 shares | 27,02,400 shares |
| Fresh Issue Size (Amount) | up to ₹26.32 Cr | up to ₹28.65 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 26,85,600 shares | 27,02,400 shares |
| Issue Size Total (Amount) | up to ₹26.32 Cr | up to ₹28.65 Cr |
Mehul Telecom IPO opens on Apr 17, 2026, while Riyaasat Lifestyle IPO opens on Jun 18, 2026. The closing date of Mehul Telecom IPO and Riyaasat Lifestyle IPO is Apr 21, 2026, and Jun 25, 2026, respectively.
| Mehul Telecom IPO | Riyaasat Lifestyle IPO | |
|---|---|---|
| Anchor Bid Date | Apr 16, 2026 | |
| Issue Open | Apr 17, 2026 | Jun 18, 2026 |
| Issue Close | Apr 21, 2026 | Jun 25, 2026 |
| Basis Of Allotment (Tentative) | Apr 22, 2026 | Jun 29, 2026 |
| Initiation of Refunds (Tentative) | Apr 23, 2026 | Jun 30, 2026 |
| Credit of Share (Tentative) | Apr 23, 2026 | Jun 30, 2026 |
| Listing date (Tentative) | Apr 24, 2026 | Jul 01, 2026 |
| Anchor Lockin End date 1 | May 22, 2026 | |
| Anchor Lockin End date 2 | Jul 21, 2026 |
Mehul Telecom IPO P/E ratio is 13.02, as compared to Riyaasat Lifestyle IPO P/E ratio of 17.2.
| Mehul Telecom IPO | Riyaasat Lifestyle IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.25 | 99.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.02 | 17.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹102.43 Cr. | ₹113.89 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 59.84 | 50.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.16 | 37.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.53 | ₹6.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.31 | 37.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mehul Telecom IPO Retail Individual Investors (RII) are offered 9,43,200 shares while in Riyaasat Lifestyle IPO retail investors are offered 9,43,200 shares. Qualified Institutional Buyers (QIB) are offered 5,49,600 shares in Mehul Telecom IPO and 1,36,800 shares in Riyaasat Lifestyle IPO.
| Mehul Telecom IPO | Riyaasat Lifestyle IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,89,600 shares | 0 shares |
| Market Maker Reservation | 1,44,000 shares | 1,46,400 shares |
| QIB | 5,49,600 shares | 1,36,800 shares |
| NII | 4,03,200 shares | 9,64,800 shares |
| RII | 9,43,200 shares | 16,00,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 26,85,600 shares | 27,02,400 shares |
Mehul Telecom IPO subscribed 31.71x in total, whereas Riyaasat Lifestyle IPO subscribed 1.32x.
| Mehul Telecom IPO | Riyaasat Lifestyle IPO | |
|---|---|---|
| QIB (times) | 32.50x | 20.33x |
| NII (times) | 79.38x | 0.09x |
| Big NII (times) | 96.42x | 0.05x |
| Small NII (times) | 45.29x | 0.16x |
| RII (times) | 37.41x | 0.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 31.71x | 1.32x |
