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
Live Grey Market Premium
Mehul Telecom Limited GMP Today
Last updated: 24 Apr 2026
Current Premium
₹2.75+2.8%
Issue Price (Upper)
₹98
Band: ₹96 – ₹98
Estimated Listing Price
₹100.75
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,17,600
Estimated Profit / Lot
₹3,300
1200 × ₹2.75
Mehul Telecom Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹2.75
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹2.75 | 2.8% | ₹100.75 |
| 26 Sep 2026 | +₹2.75 | 2.8% | ₹100.75 |
| 25 Sep 2026 | +₹2 | 2.5% | ₹100 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
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 is Mehul Telecom Limited IPO GMP today?
The latest grey market premium for Mehul Telecom Limited IPO is ₹2.75, which indicates an expected listing price of ₹100.75.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.