Mehul Telecom IPO vs ScaleSauce IPO

Comparison between Mehul Telecom IPO and ScaleSauce IPO.

IPO Details

Mehul Telecom IPO is a SME Bookbuilding IPO proposed to list at BSE SME while ScaleSauce IPO is a SME Bookbuilding proposed to list at NSE 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 ScaleSauce IPO is up to ₹38.20 Cr. The final issue price of Mehul Telecom IPO is ₹98.00 per share and of ScaleSauce IPO is ₹107.00 per share.

 Mehul Telecom IPOScaleSauce IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹96.00 per share₹101.00 per share
Issue Price (Upper)₹98.00 per share₹107.00 per share
Issue Price (Final)₹98.00 per share₹107.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares1200 shares
Fresh Issue Size26,85,600 shares35,70,000 shares
Fresh Issue Size (Amount)up to ₹26.32 Crup to ₹38.20 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,85,600 shares35,70,000 shares
Issue Size Total (Amount)up to ₹26.32 Crup to ₹38.20 Cr

IPO Timetable

Mehul Telecom IPO opens on Apr 17, 2026, while ScaleSauce IPO opens on Dec 05, 2025. The closing date of Mehul Telecom IPO and ScaleSauce IPO is Apr 21, 2026, and Dec 09, 2025, respectively.

 Mehul Telecom IPOScaleSauce IPO
Anchor Bid DateApr 16, 2026Dec 04, 2025
Issue OpenApr 17, 2026Dec 05, 2025
Issue CloseApr 21, 2026Dec 09, 2025
Basis Of Allotment (Tentative)Apr 22, 2026Dec 10, 2025
Initiation of Refunds (Tentative)Apr 23, 2026Dec 11, 2025
Credit of Share (Tentative)Apr 23, 2026Dec 11, 2025
Listing date (Tentative)Apr 24, 2026Dec 12, 2025
Anchor Lockin End date 1May 22, 2026Jan 09, 2026
Anchor Lockin End date 2Jul 21, 2026Mar 10, 2026

Financials & KPIs

Mehul Telecom IPO P/E ratio is 13.02, as compared to ScaleSauce IPO P/E ratio of 10.33.

 Mehul Telecom IPOScaleSauce 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 202431 Mar 2023
Assets63.2453.4523.1923.92
Total Income28.1755.0140.1521.69
Profit After Tax5.0510.796.88-1.29
EBITDA8.8516.8611.210.56
NET Worth37.6232.5810.373.50
Reserves and Surplus27.2032.1910.073.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.2580.19
Promoter Shareholding (Post-Issue)58.93
P/E Ratio13.0210.33
Market Cap₹102.43 Cr.₹151.76 Cr.
ROE59.8450.26
ROCE47.1640.49
Debt/Equity0.44
EPS₹7.53₹10.35
RoNW35.3133.13

Shares Offered

In the Mehul Telecom IPO Retail Individual Investors (RII) are offered 9,43,200 shares while in ScaleSauce IPO retail investors are offered 9,43,200 shares. Qualified Institutional Buyers (QIB) are offered 5,49,600 shares in Mehul Telecom IPO and 7,14,000 shares in ScaleSauce IPO.

 Mehul Telecom IPOScaleSauce IPO
Anchor Investor Reservation7,89,600 shares10,69,200 shares
Market Maker Reservation1,44,000 shares1,88,400 shares
QIB5,49,600 shares7,14,000 shares
NII4,03,200 shares5,36,400 shares
RII9,43,200 shares12,50,400 shares
Employee0 shares0 shares
Others
Total26,85,600 shares35,70,000 shares

Bids Received (Subscription)

Mehul Telecom IPO subscribed 31.71x in total, whereas ScaleSauce IPO subscribed 1.54x.

 Mehul Telecom IPOScaleSauce IPO
QIB (times)32.50x1.25x
NII (times)79.38x4.60x
Big NII (times)96.42x5.73x
Small NII (times)45.29x2.29x
RII (times)37.41x1.69x
Employee (times)
Other (times)
Total (times)31.71x1.54x

Compare with others

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Mehul Telecom IPO Vs ScaleSauce IPO