HP Telecom IPO Details
HP Telecom IPO Summary
HP Telecom IPO opens for subscription on 20 Feb 2025 and closes on 24 Feb 2025.The IPO will be listed on NSE with the tentative listing date set for 28 Feb 2025.
HP Telecom IPO price band has been fixed at ₹108 – ₹108 per share. The face value is ₹10 per share with a lot size of 1200.
HP Telecom IPO total issue size comprises 31,69,200 shares (aggregating up to ₹34.23 Cr). This includes a fresh issue of 31,69,200 shares (aggregating up to ₹34.23 Cr). Pre-issue shareholding stands at 87,45,510, which will increase to 1,19,14,710 post-issue.
HP Telecom IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
HP Telecom IPO Lot Size :Retail Minimum is 1 lot (1,200 shares) amounting to ₹129,600. Retail Maximum is 1 lot (1,200 shares) amounting to ₹129,600. HNI Minimum is 2 lots (2,400 shares) amounting to ₹259,200.
The Lead Managers for HP Telecom IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Interactive Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Aftertrade Broking. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the HP Telecom India Limited RHP.
HP Telecom IPO Details
HP Telecom IPO Subscription
HP Telecom IPO Application Wise Breakup
HP Telecom IPO Dates
- 20 Feb 2025Opening dateOpen
- 24 Feb 2025Closing dateClose
- 25 Feb 2025Allotment Date Allotment
- 27 Feb 2025Initiation of RefundsRefund
- 27 Feb 2025Credit of SharesCredit
- 28 Feb 2025Listing dateListing
HP Telecom IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹129,600 |
| Retail Maximum | 1 | 1200 | ₹129,600 |
| HNI Minimum | 2 | 2400 | ₹259,200 |
HP Telecom IPO Reservation
Promoter Holding
Documents
HP Telecom IPO Valuations
HP Telecom Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 258.97 | 281.48 | 93.55 | 46.06 | ||||||||||||||||||||||||||||||||||||
| Revenue | 594.19 | 1,079.77 | 638.47 | 292.55 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 5.24 | 8.6 | 6.35 | 2.13 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 34.35 | 29.11 | 20.51 | 15.46 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 25.61 | 20.37 | 14.68 | 9.63 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 105.14 | 100.15 | 59.29 | 24.5 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
About HP Telecom IPO
Founded in March 2011, HP Telecom India Limited initially concentrated on distributing mobile phones and accessories. The company secured exclusive distribution rights for Sony LED TVs, Mobiles, and other brands in Gujarat during the fiscal year 2014-15. It also expanded its product portfolio to include LCD/LED home theatres, air conditioners, and other appliances.
Currently, HP Telecom is the exclusive distributor of Apple products in Madhya Pradesh, Chhattisgarh, select cities in Uttar Pradesh, and major urban centres in Gujarat. The company offer a range of Apple devices, including the iPhone, iPad, Mac, and Apple Watch, catering to tech-savvy consumers in these regions
As of September 30, 2024, the company had 7 permanent employees and 84 employees on a contractual basis.
Competitive Strength:
- Exclusive Distribution Rights
- Strong Brand Reputation
- Experienced and Visionary Leadership
- Robust network and relationships with suppliers
- Financial Stability and Resources.
Strength Of HP Telecom IPO
1. Exclusive Distribution Rights.
2. Strong Brand Reputation.
3. Experienced and Visionary Leadership.
4. Robust network and relationships with suppliers.
5. Financial Stability and Resources.
Risk Of HP Telecom IPO
1. The company is dependent on original equipment manufacturers for the telecommunication products its distribute. Any delay or failures on part of such global technology brands to supply products may materially and adversely affect its business, profitability and reputation.
2. The company business is dependent on telecommunication brands effectively maintaining, promoting or developing their brands and maintaining standard quality products including launching new information and communications technology products at regular intervals.
3. The Company, its Promoters and Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on the company business, results of operations and financial condition.
4. If the company is unable to maintain its relationships with the companay customers or if any of these parties change the terms of their arrangements with it, the company business could be materially and adversely affected.
5. The company could be subject to product liability claims, which may have a material adverse impact on it.
6. The reputation and goodwill associated with its brand name is critical to the success of the company business. An inability to maintain or enhance the popularity of its brand among brands and customers may adversely impact its business prospects and financial performance.
7. The business premises from where the company operates are not owned by it.
8. The company extend credit to its customers for a significant portion of the company sales to them. Any negative trends in their businesses could cause it significant credit loss and negatively impact the company cash flow and liquidity position.
9. The company has experienced negative cash flows from operating activities and may do so in the future, which could have a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.
10. The company purchase inventory in anticipation of sales, and if its fails to manage the company inventory effectively during that period or if the inventory value declines, its business and results of operations could be adversely affected.
Objectives HP Telecom IPO
- Funding the working capital requirements of the company; and
- General Corporate Purpose;
Company Contact Details
HP Telecom India Limited
Plot No – 97, 01st Floor, Om Square
Near Ishwar Farm, BRTS
Canal Road, Bhatar, Althan-395017
Phone: +91 9825309977
Email: compliancehptl@gmail.com
Website: https://www.hvciipl.com/
Registrar Contact Details
HP Telecom FAQs
The HP Telecom IPO is a SME public issue comprising 3169200 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹34.23 Cr. The issue price has been fixed at ₹108 per equity share, and the minimum application size is 1200 shares.
The IPO opens for subscription on 20 Feb 2025, and closes on 24 Feb 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE
As of now, the current GMP stands at ₹0 (0%).
Quick Links
Comments
