Mehul Telecom Limited
ListedSMETelecom · BSE
Mehul Telecom Private Limited, incorporated in May 2023, is a multi-brand mobile retail chain that operates through a hybrid business model, combining company-owned stores with franchise-owned outlets. The company offers a wide range of products, including smartphones, tablets, connected lifestyle devices, and accessories such as earphones, smartwatches, chargers, and power banks. Its portfolio features popular brands like Samsung, Apple (iPhone), Vivo, Oppo, Realme, OnePlus, Redmi, Nothing, Infinix, and Xiaomi, giving it a strong presence in the mobile retail market. The company has built a solid retail network across Gujarat, with major revenue coming from key districts such as Rajkot and Morbi. It is focused on expanding its offline retail presence through franchise-led growth, which helps scale the business efficiently while optimizing capital investment.
Price Band
₹96 – ₹98
Issue Size
₹282.96 L Cr
Lot Size
1200 shares
GMP
₹2.75
+2.8%
Est. Listing
₹100.75
at current GMP
Subscribed
44.99x
overall
Open
17 Apr 2026
Close
21 Apr 2026
Allotment
22 Apr 2026
Refund
23 Apr 2026
Demat Credit
24 Apr 2026
Listing
24 Apr 2026
Last updated 5 months ago
Official Registrar Verification
Mehul Telecom Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
22 Apr 2026
Basis finalization
Refunds Initiate
23 Apr 2026
Mandate release
Demat Credit
24 Apr 2026
Shares in demat
Listing Debut
24 Apr 2026
Trading begins
How to Check Mehul Telecom Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Mehul Telecom Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Mehul Telecom Limited Public Issue & Market Profile
Mehul Telecom Limited is bringing an initial public offering (IPO) in the Telecom sector with an aggregate issue size of ₹28,29,600 Crores. The shares are offered at a price band of ₹96 to ₹98 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2026-04-21, the basis of allotment is scheduled to be finalized on 2026-04-22. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.