Mehul Telecom Ltd.
SMEPrice Range
₹96–98
Issue Size
₹ 20 Cr
Lot Size
2400 Shares
Min. Investment
₹ 2,30,400
Financial Summary
(in crores)| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Operating Revenue | 11,538.45 | 0 |
| Other Income | 8.81 | 0 |
| Total Income | 11,547.26 | 0 |
| Total Expenses | 10,770.76 | 0.66 |
| Profit Before Tax | 769.3 | -0.66 |
| Total Profit | 573.62 | -0.66 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
17 Apr 2026
IPO Offer Ends
21 Apr 2026
Listing Date
24 Apr 2026
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Funding of working capital needs | 229.5 |
Promoters
Promoter Shareholding
Pre-IPO
94.25%
Promoter stake
Post-IPO
68.74%
Promoter stake
Offered to Public
20,40,000
shares
Post Share Capital
71,84,000
shares
About the Company
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”.
Use of Proceeds
1. Funding of working capital needs. 2. General corporate purposes. 3. Issue related expenses.