Mehul Telecom Limited SME
MTL · BSE · Listed
· mehultelecom.com
Issue price
₹98
Listing price
% vs. issue price
₹108
(+10.2%)
Current price
% vs. issue price
₹94.45
(-3.6%)
Lot size
1200 shares
Issue size
₹27.73 Cr
Timeline
Opens
Fri, 17 Apr 2026
Closes
Tue, 21 Apr 2026
Allotment
Wed, 22 Apr 2026
Settlement
Thu, 23 Apr 2026
Listing
Fri, 24 Apr 2026
Mandate end
Wed, 6 May 2026
Anchor 50%
Fri, 22 May 2026
Anchor 100%
Tue, 21 Jul 2026
The timeline is tentative. Anchor unlock dates apply only to IPOs with an anchor allotment.
Subscription
| Quota | Shares offered (₹ Cr) |
Shares applied (₹ Cr) |
Times subscribed |
|---|---|---|---|
| QIB | 5.40 | 175.04 | 32.43x |
| FII Foreign institutions | - | 20.72 | - |
| DFI Banks & FIs | - | 0.00 | - |
| MF Mutual funds | - | 0.00 | - |
| Other | - | 154.31 | - |
| NII | 3.95 | 315.07 | 79.74x |
| bNII Bids over ₹10 lakh | 2.63 | 255.42 | 96.96x |
| sNII Bids of ₹2-10 lakh | 1.32 | 59.66 | 45.29x |
| IND | 9.23 | 345.77 | 37.45x |
| Total | 18.58 | 835.88 | 44.99x |
| Quota | Applications reserved |
Applications received |
Times subscribed |
|---|---|---|---|
| QIB | 459 | 22 | 0.05x |
| FII Foreign institutions | - | 4 | - |
| DFI Banks & FIs | - | 0 | - |
| MF Mutual funds | - | 0 | - |
| Other | - | 18 | - |
| NII | 112 | 3,948 | 35.25x |
| bNII Bids over ₹10 lakh | 75 | 2,357 | 31.43x |
| sNII Bids of ₹2-10 lakh | 37 | 1,591 | 43.00x |
| IND | 392 | 14,701 | 37.50x |
| Total | 963 | 18,671 | 19.39x |
Last updated: just now
Application size
| Quota | Min | Max |
|---|---|---|
| IND |
2 lots · ₹2,35,200
|
2 lots · ₹2,35,200
|
| sNII |
3 lots · ₹3,52,800
|
8 lots · ₹9,40,800
|
| bNII |
9 lots · ₹10,58,400
|
No limit
funds permitting
|
Based on the upper price band of ₹98.
Intermediaries
- Lead manager
- Cumulative Capital
- Registrar
- KFin Technologies
- Market maker
- Nikunj Stock Brokers