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Issue Open Date
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17-Apr-26
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|
|
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Issue Closing Date
|
21-Apr-26
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|
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Application Money
|
100
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|
|
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Allotment Money
|
|
|
|
|
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Price Band
|
96
-
98
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|
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Minimium Application No.
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2400
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Issue Size (Shares)
|
2040000
|
|
|
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Market Lot
|
1
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Objective
|
|
1. Funding of working capital needs.2. General corporate purposes.3. Issue related expenses.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
547200
|
32150400
|
58.7543859649123
|
|
Qualified Institutional Buyers
|
549600
|
17860800
|
32.4978165938865
|
|
Retail Individual Investors
|
943200
|
35282400
|
37.4071246819338
|
|
|
|
|
Business Description
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”.
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Promoter's Holding
|
|
|
|
Total Share Capital
|
7184000
|
|
|
|
Offered to Public
|
2040000
|
|
|
|
Promoter's Holding (Pre-Issue)
|
94.25
|
|
|
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Promoter's Holding (Post-Issue)
|
68.74
|
|
|
|
|
|
|
|
|
|
|
Address |
West Gate Shop 223 150 Ft Ring Road Rajkot Raiya Road
Rajkot,
Gujarat,
360007
Phone : 0281 2991223
Email : info@mehultelecom.com
Website : www.mehultelecom.com
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|
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Registrar |
KFIN Technologies Ltd.
301 The Centrium 3rd Floor 57 Lal Bahadur Shastri Road Nav Pada Kurla (West) Mumbai
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Listed at |
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BSE
|
|
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Lead Manager |
|
Cumulative Capital Pvt Ltd
|
|
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Promoters |
Mehul Vasantbhai Raymagiya Raymagiya Hemali Mehulbhai
|
|