Mehul Telecom Limited is engaged in the retail and distribution of mobile phones, accessories, and related telecom products. The company earns revenue through sales via its extensive retail store network and franchise model. Its product portfolio includes smartphones, gadgets, and telecom accessories, which are used by end consumers for communication and digital connectivity, making it a key player in the telecom retail ecosystem.

The Company is led by Promoter, i.e.,MEHUL VASANTBHAI RAYMAGIYA, RAYMAGIYA HEMALI MEHULBHAI

The Revenues from operations for the Period ended on Dec 31 2026, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 15,202.19 Lakh, ₹ 11,547.26 Lakh, ₹ - Lakh, and ₹ - Lakh, The EBITDA for the Period ended on Dec 31 2026, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 971.10 Lakh, ₹ 801.79 Lakh, ₹ 303.90 Lakh, and ₹ - Lakh, The Profit after Tax for the Period ended on Dec 31 2026, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 707.25 Lakh, ₹ 573.62 Lakh, ₹ -0.66 Lakh, and ₹ - Lakh, respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue  EPS of ₹ 8.98 and post-issue EPS of ₹ 6.45 for FY25. The pre-issue P/E ratio is 19.49x,while the post-issue P/E ratio is 27.14x against the Industry P/E ratio is 33.02x The company's ROE for FY25 is 35.83% and RoNW is 30.40%The Annualised EPS is ₹ 9.10x and P/E is ₹ 19.23x ,  These metrics suggest that the IPO is Fully priced.

 
The Grey Market Premium (GMP) of Mehul Telecom showing listing gains of 0%.Given the company's financial performance and the valuation of the IPO, we recommend  Investors to Avoid to the Mehul Telecom Limited, IPO for Listing gain or Long Term Purposes.