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15 Days Price Change

Mehul Telecom IPO

Closing In

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Profile
Issue Size 19.99 Cr
Profile
Price Range 96  to  98 per share
Profile
Min Investment ₹98
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Our Company, Mehul Telecom Limited is in the business of operating a 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. Our retail portfolio comprises products from leading smart phone and phone accessory manufacturers viz., MI, Samsung, Vivo, Oppo, Realme, Nokia, OnePlus, Redmi, Nothing, Tecno, Intel, Infinix, Xiaomi and other popular Brands. In addition to handsets, we 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. Our stores support omnichannel checkout including UPI, mobile wallets, and integrated POS terminals. We operate under the brand name “Mehul Telecom”. Read More

Basic Info

Face Value 10 per share

Price 96  to  98 per share

P/E (x) 13.1

Sales( Cr.) 115

PAT( Cr.) 6

EPS 7.5

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Mehul Vasantbhai Raymagiya Raymagiya Hemali Mehulbhai

Pre Issue Share Holding 94.25%

Post Issue Share Holding 68.74%

Listing Details:

Listing Price: 108

Listing Gain: 9.26%

Current Price: 99.7

Gain On Issue: 99.7 | 0%

GMP: 3.8

GMP %: 3.9 %

IPO Tentative Timetable

Opening Date Apr 17, 2026
Closing Date Apr 21, 2026
Allotment Apr 22, 2026
Refund Apr 23, 2026
Delivery of Shares Apr 23, 2026
Listing Date Apr 24, 2026

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2400 235,200
Retail (Max) -- -- --
S-HNI (Min) 1 2400 235,200
S-HNI (Max) 4 9600 940,800
B-HNI (Min) 5 12000 1,176,000

Objective of the Issue

1. Funding of working capital needs.2. General corporate purposes.3. Issue related expenses.

Issue

Category Nos Bid Bid (x)
QIB 549600 17860800 32.5x
NII 547200 32150400 58.8x
Retail 943200 35282400 37.4x
EMP 0 0 0x
Total 2040000 85293600 41.8x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Mehul Telecom Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 0 115
Other Income 0 0
Total Income 0 115
Total Expenditure 0 108
Operating Profit -0 8
Interest 0 0
Depreciation 0 0
Exceptional Income / Expenses 0 0
Profit Before Tax -0 8
Provision for Tax 0 2
Profit After Tax -0 6
Adjustments 0 0
Profit After Adjustments -0 6
Adjusted Earnings Per Share -0 7.5

Mehul Telecom Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 0 17
Minority's Interest 0 0
Borrowings 0 0
Other Non-Current Liabilities 0 4
Total Current Liabilities 0 13
Total Liabilities 0 34
Fixed Assets 0 0
Other Non-Current Assets 0 0
Total Current Assets 0 34
Total Assets 0 34

Mehul Telecom Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0
Cash Flow from Operating Activities -0 -11
Cash Flow from Investing Activities 0 -0
Cash Flow from Financing Activities 0 15
Net Cash Inflow / Outflow 0 4
Closing Cash & Cash Equivalent 0 4

Mehul Telecom Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.01 7.53
CEPS(Rs) -0.01 7.58
DPS(Rs) 0 0
Book NAV/Share(Rs) 0.15 22.44
Core EBITDA Margin(%) 0 6.65
EBIT Margin(%) 0 6.69
Pre Tax Margin(%) 0 6.67
PAT Margin (%) 0 4.97
Cash Profit Margin (%) 0 5.01
ROA(%) -6.86 33.25
ROE(%) -7.07 66.71
ROCE(%) -7.07 89.43
Receivable days 0 20.84
Inventory Days 0 57.65
Payable days 0 19.24
PER(x) 0 0
Price/Book(x) 0 0
Dividend Yield(%) 0 0
EV/Net Sales(x) 0 0.03
EV/Core EBITDA(x) -13.64 0.48
Net Sales Growth(%) 0 0
EBIT Growth(%) 0 0
PAT Growth(%) 0 0
EPS Growth(%) 0 0
Debt/Equity(x) 0 0
Current Ratio(x) 34.36 2.62
Quick Ratio(x) 34.36 1.23
Interest Cover(x) 0 272.84
Total Debt/Mcap(x) 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 67% 30% 30% 30%
ROCE Average 89% 41% 41% 41%

Company Contact Information

Mehul Telecom Ltd.

Richie Dhrumil Vandra

0281 2991223

info@mehultelecom.com

Office No. 506-507 R K Tower Shital Park

IPO Lead Manager(s)

Mehul Telecom Ltd.

Cumulative Capital Pvt Ltd

Registrar Info

Mehul Telecom Ltd.

KFIN Technologies Ltd.

301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Kurla, Mumbai, Mumbai, Maharashtra, India, 400070

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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