HP Telecom India Limited IPO
NSE SMEListed On: Feb 28, 2025 at ₹ 115.05
₹ 259200 /2400 Shares
*Min Investment
20 Feb, 2025
Open Date24 Feb, 2025
Close Date25 Feb, 2025
Allotment Date28 Feb, 2025
Listing DateHP Telecom India IPO Issue Details
- Issue Price ₹108 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 31,69,200 shares(aggregating up to ₹34.23 crore)
- Fresh Share 31,69,200 shares(aggregating up to ₹34.23 crore)
- Listing at NSE SME
- List Price 115.05
- Listing Date 2025-02-28
- Lead Manager Interactive Financial Services Ltd
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,29,600 |
| Retail(max) | 1 | 1200 | ₹1,29,600 |
| NII (min) | 2 | 2,400 | ₹2,59,200 |
HP Telecom India IPO Reservation
HP Telecom India IPO offers total 31,69,201 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,15,04,800 (47.48%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 1,59,600 (5.04%) | |
| Retail Shares Offered | 15,04,800 (47.48%) | |
| Total Shares Offered | 31,69,201 (100%) |
HP Telecom India IPO Details
HP Telecom India Limited IPO is an SME IPO, priced at ₹108 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 31,69,200 equity shares, aggregating up to ₹34.23 crores..
The IPO bidding window is open from Feb 20, 2025 to Feb 24, 2025. The allotment is expected to be finalized on Feb 25, 2025, and the tentative listing date is Feb 28, 2025.
The minimum lot size for Retail investors is 1200 shares, with a minimum investment of ₹1,29,600. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,59,200.
Interactive Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Aftertrade Broking Pvt Ltd will act as the market maker for this issue.
HP Telecom India IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 15,04,800 | 15,04,800 | 30,09,600 |
Day 1 20-02-25 06:00 PM | 0.81 x | 0.62 x | 0.72 x |
Day 2 21-02-25 06:00 PM | 1.45 x | 1.06 x | 1.26 x |
Day 3 24-02-25 06:00 PM | 2.08 x | 1.85 x | 1.96 x |
HP Telecom India Valuations
HP Telecom India Company Financials
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 258.97 | 281.48 | 93.55 | 46.06 |
| Revenue | 594.19 | 1,079.77 | 638.47 | 292.55 |
| Profit After Tax | 5.24 | 8.60 | 6.35 | 2.13 |
| Net Worth | 34.35 | 29.11 | 20.51 | 15.46 |
| Reserves & Surplus | 25.61 | 20.37 | 14.68 | 9.63 |
| Total Borrowing | 105.14 | 100.15 | 59.29 | 24.5 |
About HP Telecom India Company
HP Telecom India Limited was established in March 2011 and originally focused on selling mobile phones and accessories. It obtained exclusive distributor rights for Sony LED TVs, Mobiles, and other models of Gujarat during FY 2014-15. It added LCD/LED home theatres, air conditioners, and other products to its product base.
Presently, HP Telecom is the authorized distributor for Apple products in Madhya Pradesh, Chhattisgarh, a few cities in Uttar Pradesh, and most urban areas in Gujarat. The company provide the entire lineup of Apple products, such as the iPhone, iPad, Mac, and Apple Watch, to tech-conscious consumers in these areas.
The company had 7 permanent staff and 84 contractual staff as of September 30, 2024.
HP Telecom India - Promoter(s)
Vijay Lalsingh Yadav
Seemabahen Vijay Yadav
Bharatlal Lalsingh Singh
Pre Issue Share Holding : 99.99%
Post Issue Share Holding : 73.40%
HP Telecom India IPO - Issue Objectives
Funding the working capital requirements of the company
General Corporate Purpose
HP Telecom India IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| HP Telecom India Limited | 13.48 | 13.48 | 33.29 | 8.01 | 29.56 | 3.27 | Standalone |
| Bhatia Communications & Retail (India) Ltd | 0.92 | 0.92 | 5.28 | 27.97 | 17.44 | 4 | Standalone |
| Jay Jalaram Technologies Limited | 4.37 | 4.37 | 25.59 | 69.11 | 17.07 | 12.6 | Standalone |
Notes:
- Considering the nature and size of the company's business, the peers are not strictly comparable. However, the above companies are included for broad comparison.
- The P/E Ratio for peer companies has been computed based on the closing market price of respective equity shares as on January 24, 2025, sourced from the website of the Stock Exchange, divided by the Basic/Diluted EPS as applicable.
Contact Details
HP Telecom India
Plot No – 97, 01st Floor, Om Square, Near Ishwar Farm, BRTS, Canal Road, Bhatar, Althan-395017
+91 9825309977
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
HP Telecom India IPO - FAQs
Ans. HP Telecom India Limited IPO is a SME IPO. The issue is priced at ₹108 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Feb 20, 2025, and closes on Feb 24, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The HP Telecom India Limited IPO opens on Feb 20, 2025 and closes on Feb 24, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of HP Telecom India Limited IPO is 31,69,200 shares(aggregating up to ₹34.23 Cr).
Ans. The HP Telecom India Limited IPO price band is set between ₹108 per equity share.
Ans. To apply for HP Telecom India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find HP Telecom India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of HP Telecom India Limited IPO is Feb 25, 2025.
Ans. The HP Telecom India Limited IPO will be listed on Feb 28, 2025.
Ans. Follow the steps to check the HP Telecom India Limited IPO allotment status online.
