Mehul Telecom IPO Details

SME BSE

Mehul Telecom IPO Summary

Mehul Telecom Logo | Mehul Telecom IPO Details, Date, Price, GMP, Live Subscription

Mehul Telecom IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

Mehul Telecom IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Mehul Telecom IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Cumulative Capital Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Mehul Telecom Limited DRHP.

Mehul Telecom IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
-
Lot Size
Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
-
Post-issue Shareholding
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
Exchange Approval Received

Mehul Telecom IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Mehul Telecom IPO Reservation

Promoter Holding

Pre Issue:
94.25%
Post Issue:
-
Promoter Names:
Mehul Vasantbhai Raymagiya, Raymagiya Hemali Mehulbhai

Mehul Telecom IPO Valuations

ROE59.84%
ROCE47.16%
RONW35.31%
PAT MARGIN5.00%

Mehul Telecom Financial Information

Period Ended31 Mar 202531 Mar 2024
Assets0.1034.41
Revenue115.47
Profit After Tax5.74-0.01
EBITDA8.023.04
Net Worth17.100.09
Reserves and Surplus9.48-0.01
Total Borrowing0.07
Amount in ₹ Crore

About Mehul Telecom IPO

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.

Strength Of Mehul Telecom IPO

To be announced

Risk Of Mehul Telecom IPO

To be announced

Objectives Mehul Telecom IPO

1. Funding of working capital needs

2. General corporate purposes

Company Contact Details

Mehul Telecom Ltd.
West Gate Shop 223,
150 Ft Ring Road,
Rajkot Raiya Road,
Rajkot, Gujarat, 360007
Phone: 0281 2991223
Email: info@mehultelecom.com
Website: http://www.mehultelecom.com/

Registrar Contact Details

Name:
Kfin Technologies Ltd
Phone:
+91-40-67162222
Email:

Mehul Telecom FAQs

The Mehul Telecom IPO is a SME public issue comprising equity shares with a face value of each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.

The IPO opens for subscription on TBA, and closes on TBA.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Mehul Telecom IPO opens on TBA.

Mehul Telecom IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the Mehul Telecom IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Mehul Telecom IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Mehul Telecom IPO allotment status for updates.

The listing date for the Mehul Telecom IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Mehul Telecom IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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