Mehul Telecom Limited IPO
Mehul Telecom Limited was a SME IPO, offered at ₹96–₹98 per share. The issue was subscribed 41.81× overall (QIBs 32.5×, NIIs 58.75×, retail 37.41×). It listed on 24 Apr 2026 at ₹108 and closed its first day at ₹110, a listing gain of +12.2% versus the ₹98 issue price. It now trades around ₹121 (+23.1% versus the issue price).
Frequently asked questions
- How many times was the Mehul Telecom Limited IPO subscribed?
- The Mehul Telecom Limited IPO was subscribed 41.81× overall — 32.5× in the QIB category, 58.75× among non-institutional investors, 37.41× in retail.
- What were the Mehul Telecom Limited IPO listing gains?
- Mehul Telecom Limited listed on 24 Apr 2026 at ₹108, closing its first day at ₹110 — a listing gain of +12.2% versus the ₹98 issue price.
- What were the retail allotment odds for the Mehul Telecom Limited IPO?
- Retail was subscribed 37.41×, so a single-lot application had roughly a 2.7% chance of allotment (about 1 in 37), and allotment was finalised on 22 Apr 2026.
- What was the price band and lot size of the Mehul Telecom Limited IPO?
- The price band was ₹96–₹98 per share.