Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Mehul Telecom Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.30 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Cumulative Capital Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Mehul Telecom IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 30,00,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | 1,50,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue (Ex Market Maker) | 28,50,000 shares (agg. up to ₹[.] Cr) |
| Net Offered to Public | 28,50,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 76,22,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Jul 14, 2025 |
| SEBI/Exchange approval received | Thu, Aug 21, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
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:
Product Portfolio:
As of June 30, 2025, the company had a workforce of 12 personnel.
Competitive Strengths:
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 0.10 | 34.41 |
| Total Income | 115.47 | |
| Profit After Tax | 5.74 | -0.01 |
| EBITDA | 8.02 | 3.04 |
| NET Worth | 17.10 | 0.09 |
| Reserves and Surplus | 9.48 | -0.01 |
| Total Borrowing | 0.07 | |
| Amount in ₹ Crore | ||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of working capital needs | 22.95 |
| 2 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 59.84% |
| ROCE | 47.16% |
| RoNW | 35.31% |
| PAT Margin | 5.00% |
| EBITDA Margin | 6.63% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 94.25% |
Lead Manager Reports
Mehul Telecom IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Mehul Telecom IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Mehul Telecom IPO using UPI as a payment gateway. Zerodha customers can apply in Mehul Telecom IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Mehul Telecom IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Mehul Telecom IPO dates are not announced. Please check back again after some time.
Mehul Telecom IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Mehul Telecom IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Mehul Telecom IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Mehul Telecom IPO allotment status.
The Mehul Telecom IPO listing date is not yet announced. The tentative date of listing is .
