Amba Auto Sales & Services IPO is a book-built issue of ₹65.12 crore, comprising entirely…
Mehul Telecom IPO Allotment Status 2026: Check Date, Link & Steps
Mehul Telecom’s IPO will open on April 17, 2026, and close on April 21, 2026. It is a book-built issue, with the company aiming to raise around ₹28 crore, entirely through a fresh issue of shares with a face value of ₹10 each.
The IPO price band is set at ₹96 to ₹98 per share. The allocation is structured with 50% reserved for QIBs, 35% for retail investors, and 15% for HNIs.
The shares are expected to be listed on the BSE SME platform on April 24, 2026, while the allotment is likely to be finalized on April 22, 2026.
Financially, the company reported revenue of ₹121.02 crore in FY2025, compared to ₹107.37 crore in FY2024. Profit also showed strong growth, increasing to ₹6.04 crore in 2025 from ₹2.19 crore in 2024.
Based on its financial performance, the IPO appears more suitable for long-term investors.
As on 21 April 2026, 5PM IST, The allotment of shares for Mehul Telecom IPO of ₹27.73 crores is expected to take place on 22 April 2026.
How to Check Mehul Telecom IPO Allotment Status
On Registrar Website (MUFG Intime India)
Step 1: Visit the MUFG Intime India website
Step 2: Select Mehul Telecom IPO from the dropdown list
Step 3: Enter any one of the required details: PAN number, Application Number, or Demat Account Number
Step 4: Click on the “Search” button
Step 5: Your allotment status will be displayed on the screen
On BSE Website
Step 1: Visit the Bombay Stock Exchange website
Step 2: Go to ‘Investor Services’ and click on ‘Status of Issue Application’
Step 3: Select ‘Application Status Check’
Step 4: Choose the Issue Type and Issue Name (Mehul Telecom IPO)
Step 5: Enter your PAN number or Application Number
Step 6: Complete the “I’m not a robot” verification
Step 7: Click on “Search” to view your allotment status
On NSE Website
Step 1: Visit the National Stock Exchange of India website
Step 2: Click on ‘Invest’ in the top menu (or search for “Verify IPO Bids”)
Step 3: Under Resources & Tools, select “Verify IPO Bids / IPO Bid Verification”
Step 4: Choose Mehul Telecom IPO from the dropdown menu
Step 5: Enter your Application Number or PAN
Step 6: Fill in additional details if required (such as DP ID)
Step 7: Complete the CAPTCHA verification
Step 8: Click on “Submit/Verify” to check your allotment status
About Company
Founded in 2023, Mehul Telecom is a growing mobile retail chain specializing in smartphones and related accessories. The company was established by Mehul Raimagiya and operates through a hybrid retail model that includes COCO (Company Owned, Company Operated) and FOFO (Franchisee Owned, Franchisee Operated) formats.
Mehul Telecom offers a wide range of products, including smartphones and tablets from leading brands such as Samsung, Apple (iPhone), Vivo, Oppo, Realme, Nokia, OnePlus, Xiaomi, Nothing, Tecno, and Infinix, among others.
In addition to smartphones, the company sells a variety of accessories such as speakers, smartwatches, earphones, headsets, mobile covers, chargers, screen guards, power banks, fire sticks, car holders, and pen drives from major brands.
As of March 31, 2026, Mehul Telecom has a workforce of 27 employees, supporting its retail operations and expansion.
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