IPO Guru

IPO Listed — 24 Apr 2026

Listing Price: ₹108

vs Issue Price ₹98 +₹10 (+10.2%)

Mehul Telecom SME IPO GMP History | Listing Price ₹108 & Kostak Rate

IPO
Final GMP
₹ 4
4%
Final Kostak
Retail ₹ 0
SHNI ₹ 0
BHNI ₹ 0
Final Sub. to Sauda
Retail ₹ 0
SHNI ₹ 0
BHNI ₹ 0

Mehul Telecom SME IPO has been listed on April 24, 2026 at a listing price of ₹108, against the issue price of ₹98 — a gain of ₹10 (+10.2%). The GMP peaked at ₹5 on 20 April 2026 and reached a low of ₹0 on 15 April 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

Mehul Telecom SME IPO raised ₹28 Cr. through its IPO at a price band of ₹96 to ₹98 per share, with a lot size of 1200 shares. The IPO was open for subscription from 17 Apr 2026 to 21 Apr 2026.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
23 Apr 2026 ₹ 4 4% ₹ 0 ₹ 0
22 Apr 2026 ₹ 3 3% ₹ 0 ₹ 0
21 Apr 2026 ₹ 3 3% ₹ 0 ₹ 0
20 Apr 2026 ₹ 5 5% ₹ 0 ₹ 0
18 Apr 2026 ₹ 4.50 5% ₹ 0 ₹ 0
17 Apr 2026 ₹ 4.50 5% ₹ 0 ₹ 0
16 Apr 2026 ₹ 3.5 4% ₹ 0 ₹ 0
15 Apr 2026 ₹ 0 -- ₹ 0 ₹ 0

Mehul Telecom SME IPO Dates

Event Date
Open Date 17 Apr, 2026
Close Date 21 Apr, 2026
Allotment Date 22 Apr, 2026
Refund Date 23 Apr, 2026
Credit to Demat 23 Apr, 2026
Listing Date 24 Apr, 2026

Mehul Telecom SME IPO Actual Listing Price

Basis Value
Issue Price ₹98
GMP-Based Estimate (Pre-Listing) ₹102 (+4.1%)
Actual Listing Price ₹108 (+10.2%)
Listing Gain / Loss +₹10 per share
Listing Date 24 Apr, 2026

Is Mehul Telecom SME IPO GMP Reliable?

Grey market premium for Mehul Telecom SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • Cross-check before acting: Review the Mehul Telecom SME IPO full review for a fundamentals-based assessment before making any grey market trades.

Mehul Telecom SME IPO IPO Kostak Rate Explained

The Kostak rate for Mehul Telecom SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.

The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About Mehul Telecom SME IPO

Mehul Telecom Limited was incorporated in 1994 and has evolved from a telecom equipment trading firm into a diversified provider of networking and communication solutions. The company is promoted by the Mehul Shah family, which continues to drive strategy and operations. Over the years, it has built relationships with telecom operators, internet service providers, system integrators, and enterprise clients, with a strong presence primarily in Gujarat and Maharashtra.

The company’s product and service portfolio includes optical fibre cables, broadband and networking equipment, telecom accessories, surveillance solutions, and enterprise communication systems. It follows a trading-cum-distribution and project execution business model, where it sources products from multiple OEMs and supplies them to customers while also undertaking installation and support services. Revenue is generated through equipment sales, turnkey project execution, and value-added services, supported by long-standing vendor and customer relationships.

Frequently Asked Questions about Mehul Telecom SME IPO

What is the GMP of Mehul Telecom SME IPO?

The current Grey Market Premium (GMP) of Mehul Telecom SME IPO is ₹ 4.

What is the Kostak Price of Mehul Telecom SME IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Mehul Telecom SME IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.

What is the Subject to Sauda Price of Mehul Telecom SME IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.

What was the actual listing price of Mehul Telecom SME IPO?

Mehul Telecom SME IPO listed on April 24, 2026 at ₹108, against the issue price of ₹98 — a gain of +10.2%.

How did the GMP of Mehul Telecom SME IPO trend before listing?

The GMP of Mehul Telecom SME IPO was rising in its final days before listing. The GMP peaked at ₹5 on 20 April 2026. View the day-wise table above for the complete GMP history.

Explore Mehul Telecom SME IPO Further

For a complete picture before making your investment decision, explore these resources:

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