Description
BSE notifies trading members that 7,89,600 equity shares of MEHUL TELECOM LIMITED have been subscribed by Anchor Investors at Rs.98 per share under the public issue.
Summary
BSE Notice No. 20260416-22 informs trading members that under the Anchor Investors (AIs) portion of the Public Issue of MEHUL TELECOM LIMITED, 7,89,600 equity shares have been subscribed on April 16, 2026, at a price of Rs.98 per equity share.
Key Points
- 7,89,600 equity shares allocated to Anchor Investors in the public issue of MEHUL TELECOM LIMITED
- Subscription price fixed at Rs.98 per equity share
- Allocation occurred on April 16, 2026
- Notice issued by Mangesh Tayde, Vice President, BSE
- Company Intimation Letter enclosed as attachment
Regulatory Changes
No regulatory changes introduced. This is a routine notification pursuant to SEBI regulations governing anchor investor allocations in public issues.
Compliance Requirements
- Trading members are informed for their records and client communication purposes
- No specific compliance action required from trading members beyond acknowledgment
- The Company Intimation Letter (attached) provides further details from the issuer
Important Dates
- April 16, 2026: Date of anchor investor subscription and BSE notice issuance
Impact Assessment
This notice is specific to the ongoing IPO of MEHUL TELECOM LIMITED. The anchor investor subscription at Rs.98 per share establishes a price benchmark for the public issue. Anchor investor participation generally signals institutional confidence in the offering. Impact is limited to participants in the MEHUL TELECOM LIMITED IPO and does not affect broader market operations.
Impact Justification
Routine IPO anchor investor allocation notice for MEHUL TELECOM LIMITED; relevant to prospective investors and trading members but limited broader market impact.