HP Telecom India Limited IPO (HP Telecom India IPO) Detail
HP Telecom India IPO is a fixed price issue of Rs 34.23 crores. The issue is entirely a fresh issue of 31.69 lakh shares.
HP Telecom India IPO bidding started from February 20, 2025 and ended on February 24, 2025. The allotment for HP Telecom India IPO was finalized on Tuesday, February 25, 2025. The shares got listed on NSE SME on February 28, 2025.
HP Telecom India IPO price is ₹108 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,29,600. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,59,200.
Interactive Financial Services Ltd is the book-running lead manager of the HP Telecom India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for HP Telecom India IPO is Aftertrade Broking Pvt Ltd.
Refer to HP Telecom India IPO RHP for detailed information.
HP Telecom India IPO Details
| IPO Date | February 20, 2025 to February 24, 2025 |
| Listing Date | February 28, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹108 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 31,69,200 shares (aggregating up to ₹34.23 Cr) |
| Fresh Issue | 31,69,200 shares (aggregating up to ₹34.23 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 87,45,510 shares |
| Share Holding Post Issue | 1,19,14,710 shares |
| Market Maker Portion | 1,59,600 shares Aftertrade Broking Pvt Ltd |
HP Telecom India IPO Reservation
HP Telecom India IPO offers 31,69,201 shares. 15,04,800 (47.48%) to NII, 15,04,800 (47.48%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 1,59,600 (5.04%) |
| Other Shares Offered | 15,04,800 (47.48%) |
| Retail Shares Offered | 15,04,800 (47.48%) |
| Total Shares Offered | 31,69,201 (100%) |
HP Telecom India IPO Timeline (Tentative Schedule)
HP Telecom India IPO opens on February 20, 2025, and closes on February 24, 2025.
| IPO Open Date | Thu, Feb 20, 2025 |
| IPO Close Date | Mon, Feb 24, 2025 |
| Tentative Allotment | Tue, Feb 25, 2025 |
| Initiation of Refunds | Thu, Feb 27, 2025 |
| Credit of Shares to Demat | Thu, Feb 27, 2025 |
| Tentative Listing Date | Fri, Feb 28, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 24, 2025 |
HP Telecom India IPO 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 |
| HNI (Min) | 2 | 2,400 | ₹2,59,200 |
| Lot Size Calculator | |||
HP Telecom India IPO Promoter Holding
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 73.40% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About HP Telecom India Limited
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.
Company Financials
HP Telecom India Limited Financial Information (Restated Standalone)
| 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 | ||||
Key Performance Indicator (KPI)
The market capitalization of HP Telecom India IPO is Rs 128.68 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 29.56% |
| ROCE | 66.62% |
| RoNW | 29.56% |
| PAT Margin | 0.81 |
| Price to Book Value | 3.24 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.84 | 8.79 |
| P/E (x) | 10.98 | 12.28 |
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Objects of the Issue (HP Telecom India IPO Objectives)
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding the working capital requirements of the company; and
- General Corporate Purpose;
HP Telecom India IPO Review May apply
[Dilip Davda] HTIL is in the business of distributing mobile phones, accessories and related products. It has exclusive rights of distribution for Apple, Nothing and other brands for many states. The company posted steady growth in its top and bottom lines for the reported periods. Based on recent financial performance, the issue appears fully priced. Well-informed investors may park funds for the medium to long term. Read detail review…
HP Telecom India IPO Subscription Status (Bidding Detail)
The HP Telecom India IPO is subscribed 1.91 times on February 24, 2025 6:19:59 PM (Day 3). The public issue subscribed 1.85 times in the retail category, [.] times in the QIB category, and 1.97 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 1.97 | 15,04,800 | 29,64,000 | 176 |
| Retail | 1.85 | 15,04,800 | 27,90,000 | 2,325 |
| Total | 1.91 | 30,09,601 | 57,54,000 | 2,501 |
Total Application : 2,501
*Market Maker portion is not included to NII/HNI.
HP Telecom India IPO Prospectus
HP Telecom India IPO Listing Details
| Listing Date | February 28, 2025 |
| BSE Script Code | |
| NSE Symbol | HPTL |
| ISIN | INE0VA601019 |
| Final Issue Price | ₹108 per share |
Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹108.00 |
| Open | ₹115.05 |
| Low | ₹111.05 |
| High | ₹118.00 |
| Last Trade | ₹115.05 |
Check IPO Performance…
HP Telecom India Limited 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/
HP Telecom India IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
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