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MEHUL TELEMehul Telecom IPO
Since its incorporation in 2023, Mehul Telecom has been a leading mobile retail chain company offering smartphones and related accessories. Founded by Mr. Mehul Raimagiya, the firm generates its sales via a hybrid “COCO” (Company Owned, Company Operated) and “FOFO” (Franchisee Owned, Franchisee Operated) retail model.
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Price Band
🟢
Lot Size
0 Shares
Issue Size
Approx ₹28 Crores, 30,00,000 Equity Shares
Current GMP
₹375 (Apr 25)
IPO Timeline
Open DateApril 25, 2026
Close DateApril 25, 2026
Basis of AllotmentTBA
Listing DateJanuary 1, 2026
Subscription Status
Overall subscription
Financial Information
| Period Ended | Revenue | Expense | PAT |
|---|---|---|---|
| 2023 | ₹80.27 | ₹79.56 | ₹0.51 |
| 2024 | ₹107.37 | ₹104.40 | ₹2.19 |
| 2025 | ₹121.02 | ₹112.96 | ₹6.04 |
| Dec 2025 | ₹152.02 | ₹142.50 | ₹7.07 |
Promoters
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 76,22,000 | 94.25% |
| Promoter Holding Post Issue | 1,04,51,600 | 68.73% |
Objects of the Issue
- Cumulative Capital Pvt.Ltd.