IPO IPO-Synopsis
Mehul Telecom Ltd

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Registered Office: West Gate Shop 223 150ft R.Rd,Rajkot Raiya Road , Rajkot - 360007 , Gujarat , India.
Phone : 0281 2991 223   Fax:
Email :  info@mehultelecom.com  
Website :  www.mehultelecom.com
Initial public offer of upto 28,29,600 equity shares of face value of Rs10/- each ("Equity Shares") of Mehul Telecom Limited ("MTL" or "The" "Company") at an issue price of Rs98 per equity share (including a share premium of Rs88 per equity share) for cash, aggregatig up to Rs27.73 Crores ("Public Issue"), out of which 1,44,000 equity shares of face value of Rs10/- each, at an issue price of Rs98 per equity share for cash, aggregating Rs1.41 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 26,85,600 equity shares of face value of Rs10/- each, at an issue price of Rs98 per equity share for cash, aggregating up to Rs26.32 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 27.70% and 25.70% respectively of the post-issue paid-up equity share capital of the company. Price Band is Rs96 to Rs98 per equity share of face value of Rs10/- each. The floor price is 9.6 times of the face value and the cap price is 9.8 times of the face value. Bids can be made for a minimum of two lot and in multiples of 1,200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
17-Apr-26 21-Apr-26 Rs96.00-98.00 Rs0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Cumulative Capital Private Limited
Project Financed through Current Offer 27.16  
Post Issue Equity Share Capital 10.45  
Issue Price Rs96.00  
Projects
Funding of working capital needs;General corporate purposes
Promoted By
Mehul Vasantbhai Raymagiya
Raymagiya Hemali Mehulbhai
Listing At
BSE - SME 
Registrar to the Issue
KFin Technologies Ltd