🤖 FinanceHub AI Insights
Mehul Telecom is entering the market with a small-cap SME IPO worth ₹28 crores. The company operates in the highly competitive mobile retail sector using a hybrid store model. While the company is relatively young (founded in 2023), it covers a wide range of popular brands. The Grey Market Premium (GMP) of ₹4.5 suggests a modest listing gain of around 4.59%, indicating neutral to slightly positive investor sentiment. Risks include intense competition from e-commerce giants and a small workforce of only 27 employees, which may impact rapid scaling. Investors should monitor the subscription numbers closely.
Mehul Telecom IPO Snapshot
| IPO Open Date | 2026-04-17 |
|---|---|
| IPO Close Date | 2026-04-21 |
| Price Band | ₹96 to ₹98 per share |
| Lot Size | 2,400 Shares |
| Issue Size | Approx ₹28 Crores |
| Listing At | BSE SME |
About Mehul Telecom
Mehul Telecom started in 2023. They are a big mobile phone store company. They sell many types of smartphones and tablets. They sell famous brands like iPhone, Samsung, MI, and Vivo. They also sell mobile accessories like chargers, power banks, and smartwatches.
The company has a special way of running its stores. Some stores are owned by the company itself. Other stores are run by partners who use the company name. As of March 2026, the company has 27 people working for them. The business was started by Mr. Mehul Raimagiya.
Mehul Telecom IPO Schedule
| Event | Date |
|---|---|
| IPO Opens | 2026-04-17 |
| IPO Closes | 2026-04-21 |
| Allotment Date | 2026-04-22 |
| Refunds Initiation | 2026-04-23 |
| Demat Credit | 2026-04-23 |
| Listing Date | 2026-04-24 |
Grey Market Premium (GMP) Today
The Grey Market Premium (GMP) helps people guess the listing price. For Mehul Telecom, the GMP is currently ₹4.5. This means people think the stock might list a little higher than the actual price. The expected gain is about 4.59%.
| Date | GMP Value | Expected Gain |
|---|---|---|
| 2026-04-18 | ₹4.5 | 4.59% |
| 2026-04-17 | ₹4.5 | 4.59% |
| 2026-04-16 | ₹4 | 4.08% |
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