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  1. Mehul Telecom IPO allotment: How to check status online on KFin Technologies, BSE

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Mehul Telecom IPO allotment: How to check status online on KFin Technologies, BSE

Journalist Kamal Joshi, former Republic TV and latestly editor, now associated with Upstox

3 min read | Updated on April 22, 2026, 12:04 IST

SUMMARY

Mehul Telecom IPO allotment: The ₹27.73 crore initial public offering was exclusively a fresh issuance of 28.29 lakh shares, with no offer for sale (OFS) component.

Mehul Telecom IPO allotment status online listing date time | It runs a multi-brand mobile retail chain offering smartphones and accessories. | Image: Instagram/@mehultelecom

Mehul Telecom runs a multi-brand mobile retail chain offering smartphones and accessories. | Image: Instagram/@mehultelecom

Mehul Telecom IPO allotment: The basis of allotment of the Mehul Telecom IPO is expected to be finalised on Wednesday, April 22. The details will be out on the websites of BSE and the registrar, KFin Technologies.

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The initial share sale was subscribed 41.81 times, with bids for 8,52,93,600 shares as against 20,40,000 shares on offer, according to the BSE data.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers5,49,6001,78,60,80032.50
Non-Institutional Investors5,47,2003,21,50,40058.75
Individual Investors9,43,2003,52,82,40037.41
Total20,40,0008,52,93,60041.81

The ₹27.73 crore initial public offering was exclusively a fresh issuance of 28.29 lakh shares, with no offer for sale (OFS) component.

The fresh issue proceeds will be utilised for funding working capital requirements, corporate general purposes and issue-related expenses.

With a price band of ₹96 to ₹98 per share, a lot consisted of 1,200 shares. The least investment for an individual investor was two lots or 2,400 equity shares.

Mehul Telecom is a multi-brand mobile retail chain that deals in smartphones and other electronic products and accessories. It sells products from leading smartphone and phone accessory manufacturers, viz., Samsung, OnePlus, Oppo, Vivo, MI, Infinix, Realme, Nokia, Nothing, Tecno, Intel, Xiaomi, Redmi and other popular brands.

Mehul Telecom IPO: Allotment date and time

Mehul Telecom IPO allotment status is likely to be finalised on Wednesday, April 22, by late evening.

How to check Mehul Telecom IPO allotment status online on BSE

  • Open BSE's IPO status page on your website: https://bseindia.com/investors/appli_check.aspx.
  • The issue type should be kept as 'Equity'
  • From the ‘Issue Name’ dropdown, select ‘Mehul Telecom Limited’
  • Mention your IPO application number or PAN card details
  • Hit the ‘Search’ button

Steps to check Mehul Telecom IPO allotment status online on KFin Technologies

  • Open this link: https://ipostatus.kfintech.com/
  • Pick 'Mehul Telecom' from the ‘Select IPO’ dropdown menu
  • Fill in your IPO application number, PAN or Demat account number
  • Press the ‘Submit’ button

Mehul Telecom IPO: Listing date and time

Shares of Mehul Telecom will be listed on the SME platform of BSE on Friday, April 24, at 10 am.

Mehul Telecom IPO GMP

According to investorgain.com and media reports, Mehul Telecom's unlisted shares are trading at ₹101, reflecting a grey market premium (GMP) of 3.06% compared to the upper price band of ₹98.
Disclaimer: Grey Market Premium (GMP) is not regulated or recommended by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.

To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly editor, now associated with Upstox
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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