listed · IPO · BSE SME · listed 23 April 2026

MEHUL TELECOM LIMITED

Raised ₹19.99 Cr at ₹98 per share.

+12.2%

listing-day move

Price band
₹96 – ₹98
Issue price
₹98
Shares per lot
1,200
Retail minimum
₹1,17,600
Issue size
₹19.99 Cr
Face value
₹10
Listing-day close
₹109.94
Current price
₹98.05
Return since listing
+0.05%

Subscription by investor category

as of 23 May, 22:09 IST

Total demand

— shares bid

41.81×

1

Qib

Shares bid 1,78,60,800 · Offered 5,49,600

32.5×
2

Qib Fii

Shares bid 21,14,400

21,14,400 shares
3

Qib Dfi

shares
4

Qib Mf

shares
5

Qib Other

Shares bid 1,57,46,400

1,57,46,400 shares
6

Nii

Shares bid 3,21,50,400 · Offered 5,47,200

58.75×
7

Nii Gt 10l

Shares bid 2,60,62,800 · Offered 2,68,800

96.96×
8

Nii Lte 10l

Shares bid 60,87,600 · Offered 1,34,400

45.29×
9

Retail

Shares bid 3,52,82,400 · Offered 9,43,200

37.41×
10

Employee

Shares bid 0

0 shares
11

Shareholder

Shares bid 0

0 shares
12

Policyholder

Shares bid 0

0 shares

Exchange filings

Fields captured from NSE and BSE
Issue information
Symbol
MTL10
Issue size
20,40,000 shares
Price range
Rs.96 to Rs.98
Lot size
1200
Face value
Rs.10
Tick size
Rs.1
Book running lead managers
Cumulative Capital Private Limited
Sponsor bank
AXIS BANK
Name of the Registrar
Kfin Technologies Limited

Parties to the issue

Book-running lead manager
Cumulative Capital Private Limited
Registrar
Kfin Technologies Limited
Sponsor bank
AXIS BANK

Data sources: BSE , BSE , BSE , BSE , BSE , KITE , MONEYCONTROL . Data quality clean.