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Mehul Telecom IPO Allotment Status: Here’s How to Check Allotment Online

IPO Allotment Status

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As on 21 April 2026, 5PM IST, The allotment of shares for Mehul Telecom IPO of ₹27.73 crores is expected to take place on 22 April 2026. The subscription for the Mehul Telecom IPO closed on 21 April 2026. The IPO ran from 17 April 2026 to 21 April 2026 and was priced between ₹96 and ₹98 per share. The Mehul Telecom IPO comprised a fresh issue and an offer for sale.

Mehul Telecom IPO subscribed 40.19 times. The public issue subscribed 34.34 times in the individual investors category, 32.5 times in QIB (Ex Anchor), and 57.98 times in the NII category by 21 April 2026, 5PM on Day 3.

Step 1: Visit MUFG Intime India
Step 2: Select Mehul Telecom from the drop-down menu on the page
Step 3: Enter details required like PAN number, Application Number, or Demat Account Number.
Step 4: Click on the ‘Search’ Button
Step 5: Get your allotment status

Step 1: Go to the BSE website
Step 2: Click on ‘Status of Issue Application’ under ‘Investor Services’
Step 3: Click on ‘Application Status Check’
Step 4: Choose the ‘Issue Type’ and ‘Issue Name’
Step 5: Enter your PAN or Application Number
Step 6: Verify the box ‘I’m not a robot’
Step 7: Click on “Search to view allotment status”

Step 1: Open NSE INDIA website in your browser.
Step 2: In the top menu, click on Invest (or search for “Verify IPO Bids”)
Step 3: Under Resources & Tools, select “Verify IPO Bids / IPO Bid Verification”
Step 4: On the IPO Bid Verification page, select the Mehul Telecom from the dropdown
Step 5: Enter your Application Number or PAN in the required field
Step 6: Fill any other required fields (e.g., DP ID if requested)
Step 7: Complete the CAPTCHA / “I’m not a robot” check
Step 8: Click Submit (or Verify) to view your Mehul Telecom allotment status.

(As on 21 April 2026, 5PM)

Mehul Telecom Limited was incorporated as a private limited Company in the name Mehul Telecom Private Limited, under the provisions of the Companies Act, 2013 dated May 17, 2023 issued by the Registrar of Companies. Subsequently, Company was converted from a private Company to Public Company and the name was changed to Mehul Telecom Limited and a fresh Certificate of Incorporation was issued on March 20, 2025, by the Registrar of Companies, Central Registration Centre.The Company acquired the running business of M/s Mehul Telecom, the erstwhile proprietorship Firm of the Promoter, Mehul Vasantbhai Raymagiya effective from April 21, 2024, via Business Transfer Agreement dated May 14, 2024. The proprietorship Firm was in the same line of business as the Company, opened its first owned store of phones and accessories from the financial year 20072008 and since then, expanded its business by opening the first FOFO store in year 2020 and 50th store in 2022, until its business was transferred to the Company.Presently, Company is in the business of operating a multibrand mobile retail chain offering smartphones and accessories through a hybrid COCO (Company Owned, Company Operated) and FOFO (Franchisee Owned, Franchisee Operated) retail model. The retail portfolio comprises products from leading smart phone and phone accessory manufacturers viz., MI, Samsung, Vivo, Oppo, Realme, Nokia, OnePlus, Redmi, Nothing, Tecno, Intel, Infinix, Xiaomi and other popular Brands in Gujarat. In addition to handsets, it retail, connected lifestyle products and peripherals such as wearables, audio devices, and power solutions like speakers, smartwatch, ear phones, head phones, tablets, mobile covers, phone chargers, screen guards, power banks, phone warranty plans, firesticks, car holder clamps, pen drive etc. of various brands. These stores support omnichannel checkout including UPI, mobile wallets, and integrated POS terminals.Company is planning the initial public issue of 30,00,000 equity shares of face value of Rs 10/ per share through Fresh Issue.

If you are allotted the Mehul Telecom shares on 24 April 2026, the allotment day, the shares will be credited to your demat account on 23 April 2026. The money that was blocked for them will be debited from your linked bank account. Once you receive the shares, you can trade them or sell them after they are listed on 24 April 2026, on NSE or BSE.

If you didn’t receive allotment:
• Refunds will be initiated on or about 23 April 2026.
• The amount will be credited to your bank account linked to UPI On the other hand, if allotted shares will reflect in your Demat by 22 April 2026.

The shares of Mehul Telecom are expected to be listed on BSE and NSE on or about 24 April 2026. You can track listing gains/losses on Kotak Neo.

You can check the Mehul Telecom IPO allotment status on the [-] or the BSE/NSE IPO allotment page by entering your PAN number, application number, or Demat account details.

The official Registrar of Mehul Telecom IPO is [-].

The allotment date of the Mehul Telecom IPO is 22 April 2026.

The QIB (Qualified Institutional Buyers) quota refers to the portion of shares reserved in an IPO for institutional investors such as mutual funds, banks, insurance companies, and foreign institutional investors.

The HNI (High Net-worth Individual) quota is the portion of shares reserved in an IPO for investors who apply with more than ₹2 lakh, also known as the Non-Institutional Investor (NII) category.

Retail investors are individual investors who apply for an IPO with an investment amount of up to ₹2 lakh, making them eligible for the retail quota reserved in the public issue.

You can check the Mehul Telecom IPO subscription status on Kotak Neo IPO Subscription Status https://www.kotakneo.com/ipo/ipo-subscription-status/

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This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Neo Research Team, nor is it a report published by the Kotak Neo Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.

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