Mehul Telecom IPO

The price band is ₹98 per share with a lot size of 1200 shares. Minimum investment: ₹117600.

Mehul Telecom Limited operates a multi-brand mobile retail chain offering smartphones, electronic products, and accessories through a mix of company-owned, company-operated (COCO) and franchisee-owned, franchisee-operated (FOFO) stores. The company sells products from various brands, including smartphones and related accessories, along with other consumer electronics such as televisions, air conditioners, refrigerators, wearables, audio devices, and power solutions. It also provides peripherals like chargers, earphones, power banks, and mobile accessories. The company operates under the brand name “Mehul Telecom” and supports omnichannel payment options, including UPI and digital wallets. As of the prospectus date, it operates 80 stores across Gujarat, comprising 6 COCO stores and 74 FOFO stores. The company is registered in Rajkot, Gujarat, which also serves as its central office for managing operations and supporting its retail network.

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Mehul Telecom was founded by Mr. Mehul Vasantbhai Raymagiya in 2023.