April, 14 2026 Tuesday 16:00 Hrs
Last update 11-9-2025
Ifin-logo
  • SENSEX :   76,847.57

  • Top commodity trading and broking companies in India-702.68( -0.91%) 13-Apr-2026
Trade Online

IPO Synopsis

Mehul Telecom Ltd
Initial public offer of upto 28,29,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of Mehul Telecom Limited ("MTL" or "The" "Company") at an issue price of Rs. 98 per equity share (including a share premium of Rs. 88 per equity share) for cash, aggregatig up to Rs. 27.73 Crores ("Public Issue"), out of which 1,44,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 98 per equity share for cash, aggregating Rs. 1.41 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 26,85,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 98 per equity share for cash, aggregating up to Rs. 26.32 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 27.70% and 25.70% respectively of the post-issue paid-up equity share capital of the company. Price Band is Rs. 96 to Rs. 98 per equity share of face value of Rs. 10/- each. The floor price is 9.6 times of the face value and the cap price is 9.8 times of the face value. Bids can be made for a minimum of two lot and in multiples of 1,200 equity shares thereafter.
Issue
Opens On Closes On
17-Apr-26 21-Apr-26
Money Payable On
Application Allotment
96.00 0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Cumulative Capital Private Limited
Project Financed through Current Offer (.Cr) 27.16  
Post Issue Equity Share Capital (.Cr) 10.45
Issue Price () 96.00
Projects
Funding of working capital needs;
General corporate purposes
Promoted By
Mehul Vasantbhai Raymagiya
Raymagiya Hemali Mehulbhai
Listing At
BSE - SME
Registrar to the Issue
KFin Technologies Ltd
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.