Comparison between Mehul Telecom IPO and Shri Kanha Stainless IPO.
Mehul Telecom IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shri Kanha Stainless IPO is a SME Fixed Price proposed to list at NSE SME.
| Mehul Telecom IPO | Shri Kanha Stainless IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Cumulative Capital Pvt.Ltd. | Kreo Capital Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MAS Services Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Mehul Telecom IPO is up to ₹26.32 Cr whereas the issue size of the Shri Kanha Stainless IPO is up to ₹43.95 Cr. The final issue price of Mehul Telecom IPO is ₹98.00 per share and of Shri Kanha Stainless IPO is ₹90.00 per share.
| Mehul Telecom IPO | Shri Kanha Stainless IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹96.00 per share | |
| Issue Price (Upper) | ₹98.00 per share | |
| Issue Price (Final) | ₹98.00 per share | ₹90.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 26,85,600 shares | 48,83,200 shares |
| Fresh Issue Size (Amount) | up to ₹26.32 Cr | up to ₹43.95 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 | 26,85,600 shares | 48,83,200 shares |
| Issue Size Total (Amount) | up to ₹26.32 Cr | up to ₹43.95 Cr |
Mehul Telecom IPO opens on Apr 17, 2026, while Shri Kanha Stainless IPO opens on Dec 03, 2025. The closing date of Mehul Telecom IPO and Shri Kanha Stainless IPO is Apr 21, 2026, and Dec 05, 2025, respectively.
| Mehul Telecom IPO | Shri Kanha Stainless IPO | |
|---|---|---|
| Anchor Bid Date | Apr 16, 2026 | |
| Issue Open | Apr 17, 2026 | Dec 03, 2025 |
| Issue Close | Apr 21, 2026 | Dec 05, 2025 |
| Basis Of Allotment (Tentative) | Apr 22, 2026 | Dec 08, 2025 |
| Initiation of Refunds (Tentative) | Apr 23, 2026 | Dec 09, 2025 |
| Credit of Share (Tentative) | Apr 23, 2026 | Dec 09, 2025 |
| Listing date (Tentative) | Apr 24, 2026 | Dec 10, 2025 |
| Anchor Lockin End date 1 | May 22, 2026 | |
| Anchor Lockin End date 2 | Jul 21, 2026 |
Mehul Telecom IPO P/E ratio is 13.02, as compared to Shri Kanha Stainless IPO P/E ratio of 16.23.
| Mehul Telecom IPO | Shri Kanha Stainless IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.25 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.02 | 16.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹102.43 Cr. | ₹140.24 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 59.84 | 47.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.16 | 19.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 4.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.53 | ₹5.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.31 | 47.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mehul Telecom IPO Retail Individual Investors (RII) are offered 9,43,200 shares while in Shri Kanha Stainless IPO retail investors are offered 9,43,200 shares. Qualified Institutional Buyers (QIB) are offered 5,49,600 shares in Mehul Telecom IPO and 0 shares in Shri Kanha Stainless IPO.
| Mehul Telecom IPO | Shri Kanha Stainless IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,89,600 shares | 0 shares |
| Market Maker Reservation | 1,44,000 shares | 2,59,200 shares |
| QIB | 5,49,600 shares | 0 shares |
| NII | 4,03,200 shares | 24,41,600 shares |
| RII | 9,43,200 shares | 24,41,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 26,85,600 shares | 48,83,200 shares |
Mehul Telecom IPO subscribed 31.71x in total, whereas Shri Kanha Stainless IPO subscribed 2.76x.
| Mehul Telecom IPO | Shri Kanha Stainless IPO | |
|---|---|---|
| QIB (times) | 32.50x | |
| NII (times) | 79.38x | 0.61x |
| Big NII (times) | 96.42x | |
| Small NII (times) | 45.29x | |
| RII (times) | 37.41x | 4.91x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 31.71x | 2.76x |
