Mehul Telecom
Open Date
17 Apr 2026
Close Date
21 Apr 2026
About Mehul Telecom
Formed on May 2023, Mehul Telecom Private Limited is a multi-brands mobile retail chain that provides mobile handsets and peripherals through a mixed model of 'COCO' (Company owned & Company operated) and 'FOFO' (Franchise owned & Franchise Operated). The company sold connected lifestyle products and peripherals including wearable devices, audio gadgets, and power accessories, such as speakers, smartwatches, earphones, headphones, tablets, phone cases, mobile charger, screen protectors, power banks, phone insurance packages, firesticks, car holders, pen drives, and other miscellaneous accessories. Business Verticals: Sales through Company owned & Company operated retail outlets (COCO Model) Sales through Franchise owned & Franchise operated retail outlets (FOFO Model) As on 31st March 2026, the total number of employees was 27.
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Mehul Telecom IPO - Issue Objectives
The company will utilise ₹22.95 crore for funding the working capital of the business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Working capital
81.9%
General corporate purposes
18.1%
Working capital
The company will utilise ₹22.95 crore for funding the working capital of the business.
General corporate purposes
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
IPO Subscription Status
Financials of Mehul Telecom
In Cr.
Revenue: ₹152.02
EBITDA: ₹9.71
Profit: ₹7.07
| Key Performance Indicator | 31-Dec-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) |
|---|---|---|---|
| Revenue | 152.02 | 115.47 | |
| EBITDA | 9.71 | 8.02 | 3.04 |
| Expenses | |||
| Profit After Tax | 7.07 | 5.74 | -0.01 |
| Assets | 54.41 | 0.10 | 34.41 |
| Net Worth | 24.18 | 17.10 | 0.09 |
| Reserves | 16.55 | 9.48 | -0.01 |
| Borrowing | 3.72 | 0.07 |
Mehul Telecom - Promoter(s)
Mehul Vasantbhai Raymagiya
Raymagiya Hemali Mehulbhai
94.25%
N/A
Contact Details
Mehul Telecom
West Gate Shop 223, 150 Ft Ring Road, Rajkot Raiya Road, Rajkot, Gujarat - 360007.
Registrar Contact Details
Mehul Telecom IPO - FAQs
Live IPOs
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
 Adisoft Technologies SME | 23rd Apr 2026 - 27th Apr 2026 | 74.10 Cr | 1600 Shares | ₹ 172.00 |
