Mehul Telecom IPO is a 100% book-built issue of up to 28.29 lakh equity shares, entirely a fresh issue offering, with a face value of ₹10 per share. The company filed its DRHP with SEBI on July 14, 2025.
The price band for this issue is set between ₹96 and ₹98 per share and the lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail investor) is ₹2,35,200 (2,400 shares). The IPO will open for subscription from April 17 to 21, 2026, on the BSE SME platform, with a tentative listing date fixed as April 24, 2026. The book-running lead manager of this issue is Cumulative Capital Pvt. Ltd. and the registrar to the issue is Kfin Technologies Ltd.