Comparison between BharatRohan Airborne Innovations IPO and Mehul Telecom IPO.
BharatRohan Airborne Innovations IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Mehul Telecom IPO is a SME Bookbuilding proposed to list at BSE SME.
| BharatRohan Airborne Innovations IPO | Mehul Telecom IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Cumulative Capital Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | Rikhav Securities Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of BharatRohan Airborne Innovations IPO is up to ₹42.76 Cr whereas the issue size of the Mehul Telecom IPO is up to ₹26.32 Cr. The final issue price of BharatRohan Airborne Innovations IPO is ₹85.00 per share and of Mehul Telecom IPO is ₹98.00 per share.
| BharatRohan Airborne Innovations IPO | Mehul Telecom IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹80.00 per share | ₹96.00 per share |
| Issue Price (Upper) | ₹85.00 per share | ₹98.00 per share |
| Issue Price (Final) | ₹85.00 per share | ₹98.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 50,30,400 shares | 26,85,600 shares |
| Fresh Issue Size (Amount) | up to ₹42.76 Cr | up to ₹26.32 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 50,30,400 shares | 26,85,600 shares |
| Issue Size Total (Amount) | up to ₹42.76 Cr | up to ₹26.32 Cr |
BharatRohan Airborne Innovations IPO opens on Sep 23, 2025, while Mehul Telecom IPO opens on Apr 17, 2026. The closing date of BharatRohan Airborne Innovations IPO and Mehul Telecom IPO is Sep 25, 2025, and Apr 21, 2026, respectively.
| BharatRohan Airborne Innovations IPO | Mehul Telecom IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | Apr 16, 2026 |
| Issue Open | Sep 23, 2025 | Apr 17, 2026 |
| Issue Close | Sep 25, 2025 | Apr 21, 2026 |
| Basis Of Allotment (Tentative) | Sep 26, 2025 | Apr 22, 2026 |
| Initiation of Refunds (Tentative) | Sep 29, 2025 | Apr 23, 2026 |
| Credit of Share (Tentative) | Sep 29, 2025 | Apr 23, 2026 |
| Listing date (Tentative) | Sep 30, 2025 | Apr 24, 2026 |
| Anchor Lockin End date 1 | Oct 25, 2025 | May 22, 2026 |
| Anchor Lockin End date 2 | Dec 24, 2025 | Jul 21, 2026 |
BharatRohan Airborne Innovations IPO P/E ratio is 16.38, as compared to Mehul Telecom IPO P/E ratio of 13.02.
| BharatRohan Airborne Innovations IPO | Mehul Telecom IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 54.86 | 94.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 40.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.38 | 13.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹169.35 Cr. | ₹102.43 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 28.21 | 59.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.69 | 47.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.19 | ₹7.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.38 | 35.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the BharatRohan Airborne Innovations IPO Retail Individual Investors (RII) are offered 17,98,400 shares while in Mehul Telecom IPO retail investors are offered 17,98,400 shares. Qualified Institutional Buyers (QIB) are offered 9,88,800 shares in BharatRohan Airborne Innovations IPO and 5,49,600 shares in Mehul Telecom IPO.
| BharatRohan Airborne Innovations IPO | Mehul Telecom IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,75,200 shares | 7,89,600 shares |
| Market Maker Reservation | 2,68,800 shares | 1,44,000 shares |
| QIB | 9,88,800 shares | 5,49,600 shares |
| NII | 7,68,000 shares | 4,03,200 shares |
| RII | 17,98,400 shares | 9,43,200 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 50,30,400 shares | 26,85,600 shares |
BharatRohan Airborne Innovations IPO subscribed 7.12x in total, whereas Mehul Telecom IPO subscribed 31.71x.
| BharatRohan Airborne Innovations IPO | Mehul Telecom IPO | |
|---|---|---|
| QIB (times) | 8.33x | 32.50x |
| NII (times) | 16.00x | 79.38x |
| Big NII (times) | 18.40x | 96.42x |
| Small NII (times) | 11.21x | 45.29x |
| RII (times) | 8.50x | 37.41x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.12x | 31.71x |
