31 Mar 2024
Assets0.10
EBITDA3.04
Profit After Tax-0.01
NET Worth0.09
Reserves and Surplus-0.01
At a glance
Updated 2026-08-24The shares listed at ₹108.00, a 10.20% move from the issue price. Mehul Telecom is a SME IPO with an issue size of ₹27.73 crore, proposed for listing on BSE SME. The offer opens on 17th Apr 2026 and closes on 21st Apr 2026. The issue structure includes a fresh issue of ₹26.32 crore. The current listing schedule points to 24th Apr 2026.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹27.73 Cr
Fresh issue₹26.32 Cr
Face value₹10
Price band₹96.00–₹98.00
Allotment22nd Apr 2026
Listing24th Apr 2026
Listing performance
Full performance ↗Issue price₹98.00
Listing price₹108.00
Current price—
Listing gain10.20%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹3.75
GMP / upper price3.83%
Est. listing₹101.75
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens17th Apr 2026
Closes21st Apr 2026
Allotment22nd Apr 2026
Refund23rd Apr 2026
Demat23rd Apr 2026
Listing24th Apr 2026
Subscription demand
Full bidding ↗Total44.91×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2400 | ₹235,200 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding of working capital needs | ₹22.95 Cr |
| General Corporate Purposes | ₹2.01 Cr |
| Issue Expenses | ₹2.77 Cr |
| Total | ₹27.73 Cr |
Financials
Full financials ↗31 Mar 2025
Assets34.41
Total Income115.47
EBITDA8.02
Profit After Tax5.74
NET Worth17.10
Reserves and Surplus9.48
Total Borrowing0.07
31 Dec 2025
Assets54.41
Total Income152.02
EBITDA9.71
Profit After Tax7.07
NET Worth24.18
Reserves and Surplus16.55
Total Borrowing3.72
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 | Dec 31, 2025 |
|---|---|---|
| ROE | 59.84% | 34.27% |
| ROCE | 47.16% | 34.80% |
| Debt / Equity | 0.15% | |
| RoNW | 35.31% | 29.25% |
| PAT Margin | 5.00% | 4.65% |
| EBITDA Margin | 6.63% | 6.39% |
| Price to Book Value | 4.17 | 3.09 |
Valuation & shareholding
Pre-IPO EPS7.53
Post-IPO EPS9.02
Pre-IPO P/E13.02
Post-IPO P/E10.86
Promoter holding pre94.25%
Promoter holding post68.74%
Market cap₹102.43 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Funding of working capital needs | ₹22.95 Cr |
| General Corporate Purposes | ₹2.01 Cr |
| Issue Expenses | ₹2.77 Cr |
| Total | ₹27.73 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.