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Mehul Telecom SME IPO opens today with Rs 96 to 98 price band and modest GMP
Business
Published on 24 April 2026
GMP hints at a small listing pop
Mehul Telecom’s SME IPO has opened for subscription, raising Rs 28 crore with a price band of Rs 96–98. The issue is aimed at funding working capital and general corporate requirements. Early grey market signals point to a modest premium, suggesting a possible slight gain on listing for investors watching the GMP closely.
- Mehul Telecom SME IPO opens with a Rs 96–98 price band
- The offer size is Rs 28 crore, targeting working capital
- Grey market premium suggests only a slight listing gain
- Subscription details will determine final investor interest
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times