Mehul Telecom IPO vs SSMD Agrotech India IPO

Comparison between Mehul Telecom IPO and SSMD Agrotech India IPO.

IPO Details

Mehul Telecom IPO is a SME Bookbuilding IPO proposed to list at BSE SME while SSMD Agrotech India IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Mehul Telecom IPO is up to ₹26.32 Cr whereas the issue size of the SSMD Agrotech India IPO is up to ₹32.20 Cr. The final issue price of Mehul Telecom IPO is ₹98.00 per share and of SSMD Agrotech India IPO is ₹121.00 per share.

 Mehul Telecom IPOSSMD Agrotech India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹96.00 per share₹114.00 per share
Issue Price (Upper)₹98.00 per share₹121.00 per share
Issue Price (Final)₹98.00 per share₹121.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares1000 shares
Fresh Issue Size26,85,600 shares26,61,000 shares
Fresh Issue Size (Amount)up to ₹26.32 Crup to ₹32.20 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,85,600 shares26,61,000 shares
Issue Size Total (Amount)up to ₹26.32 Crup to ₹32.20 Cr

IPO Timetable

Mehul Telecom IPO opens on Apr 17, 2026, while SSMD Agrotech India IPO opens on Nov 25, 2025. The closing date of Mehul Telecom IPO and SSMD Agrotech India IPO is Apr 21, 2026, and Nov 27, 2025, respectively.

 Mehul Telecom IPOSSMD Agrotech India IPO
Anchor Bid DateApr 16, 2026Nov 21, 2025
Issue OpenApr 17, 2026Nov 25, 2025
Issue CloseApr 21, 2026Nov 27, 2025
Basis Of Allotment (Tentative)Apr 22, 2026Nov 28, 2025
Initiation of Refunds (Tentative)Apr 23, 2026Dec 01, 2025
Credit of Share (Tentative)Apr 23, 2026Dec 01, 2025
Listing date (Tentative)Apr 24, 2026Dec 02, 2025
Anchor Lockin End date 1May 22, 2026Dec 27, 2025
Anchor Lockin End date 2Jul 21, 2026Feb 25, 2026

Financials & KPIs

Mehul Telecom IPO P/E ratio is 13.02, as compared to SSMD Agrotech India IPO P/E ratio of 13.16.

 Mehul Telecom IPOSSMD Agrotech India IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 2024
Assets54.4134.410.10
Total Income152.02115.47
Profit After Tax7.075.74-0.01
EBITDA9.718.023.04
NET Worth24.1817.100.09
Reserves and Surplus16.559.48-0.01
Total Borrowing3.720.07
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202531 Mar 202531 Mar 2024
Assets32.3318.1615.60
Total Income52.1399.1873.45
Profit After Tax3.845.381.10
EBITDA5.798.473.23
NET Worth10.766.921.33
Reserves and Surplus4.916.390.02
Total Borrowing6.886.077.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.25100
Promoter Shareholding (Post-Issue)67.49
P/E Ratio13.0213.16
Market Cap₹102.43 Cr.₹104.86 Cr.
ROE59.84130.46
ROCE47.16100.85
Debt/Equity0.88
EPS₹7.53₹9.19
RoNW35.3178

Shares Offered

In the Mehul Telecom IPO Retail Individual Investors (RII) are offered 9,43,200 shares while in SSMD Agrotech India IPO retail investors are offered 9,43,200 shares. Qualified Institutional Buyers (QIB) are offered 5,49,600 shares in Mehul Telecom IPO and 27,000 shares in SSMD Agrotech India IPO.

 Mehul Telecom IPOSSMD Agrotech India IPO
Anchor Investor Reservation7,89,600 shares0 shares
Market Maker Reservation1,44,000 shares1,56,000 shares
QIB5,49,600 shares27,000 shares
NII4,03,200 shares13,17,000 shares
RII9,43,200 shares13,17,000 shares
Employee0 shares0 shares
Others
Total26,85,600 shares26,61,000 shares

Bids Received (Subscription)

Mehul Telecom IPO subscribed 31.71x in total, whereas SSMD Agrotech India IPO subscribed 1.62x.

 Mehul Telecom IPOSSMD Agrotech India IPO
QIB (times)32.50x5.33x
NII (times)79.38x0.62x
Big NII (times)96.42x0.21x
Small NII (times)45.29x1.42x
RII (times)37.41x2.55x
Employee (times)
Other (times)
Total (times)31.71x1.62x

Compare with others

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Mehul Telecom IPO Vs SSMD Agrotech India IPO