HP Telecom India IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 108 – 108
Lot Size
1200
Issue Size
₹34.23 Cr
Minimum Investment
₹259200 (2400 Shares)
Listing Date
28 February 2025
Subscription
1.96x
About the Company
HP Telecom India Limited (HPTIL) was incorporated on March 26, 2011, initially focused on mobile phones, accessories, and related products. Over the years, under the leadership of its promoters, Mr. Vijay Yadav, Mrs. Seema Yadav, and Bharatlal Lalsingh Singh, the company expanded its portfolio and secured exclusive distribution rights for major brands in Gujarat, including Sony LED TVs and Mobiles, and later brands like Nokia, Micromax, Intex, Gionee, and Karbonn Mobiles.
In 2016, HPTIL entered a strategic partnership with Apple, becoming the distributor for Apple products in the Vapi Region. Amid the COVID-19 pandemic, the company pivoted to manufacturing and distributing N95 surgical masks, capitalizing on a critical market demand. However, it no longer deals with masks.
Today, HPTIL is the exclusive distributor of Apple products across several key regions, including Madhya Pradesh, Chhattisgarh, and parts of Uttar Pradesh and Gujarat. In FY 2023-24, they also secured exclusive rights for "Nothing" in Gujarat and began trading operations in Karnataka, offering Apple products and accessories alongside other brands like JIO, INFINIX, and more.
Apple products still make up over 80% of HPTIL's revenue. Their product range includes:
- Smartphones – Mainly iPhones and some "Nothing" smartphones in Gujarat.
- Smart Watches – Featuring various models, including Apple Watches.
- Tablets/iPads – Offering a range of iPads and tablets suited for various user needs.
- Accessories – Including phone covers, chargers, ear pods, and more, sourced from reputable brands.
HPTIL has built a significant presence in the tech market, continuing to diversify and adapt to new opportunities while remaining heavily reliant on Apple products for the bulk of its earnings.
Promoters
- Vijay Lalsingh Yadav
- Seemabahen Vijay Yadav
- Bharatlal Lalsingh Singh
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
73.40%
Objects of the Issue
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;
Address / Contact Info
HP Telecom India Limited
Plot No – 97, 01st Floor, Om Square,
Near Ishwar Farm, BRTS Canal Road,
Bhatar, Althan, Surat 395017
Gujarat
Phone: +91 9825309977
Email: compliancehptl@gmail.com
Website: https://www.hvciipl.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 20 February 2025
IPO Close Date
Monday, 24 February 2025
Basis of Allotment
Tuesday, 25 February 2025
Initiation of Refunds
Thursday, 27 February 2025
Credit of Shares to Demat
Thursday, 27 February 2025
Listing Date
Friday, 28 February 2025 — NSE & BSE
Important Dates
Open Date
20 February 2025
Close Date
24 February 2025
Basis Of Allotment
25 February 2025
Listing Date
28 February 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 258.97 | 281.48 | 93.55 | 46.06 |
| Revenue | 594.19 | 1079.77 | 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 |
| Reserve & Surplus | 25.61 | 20.37 | 14.68 | 9.63 |
| Total Borrowings | 105.14 | 100.15 | 59.29 | 24.5 |
EPS Pre
9.84%
EPS Post
8.79%
P/E Pre
10.98
P/E (Post Issue)
12.28x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 29.56 |
| ROCE % | 66.62 |
| Debt / Equity | 0 |
| RoNW % | 29.56 |
| PbW | 0 |
| Pat Margin % | 0.81 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Non-Institutional | 1504800 | 50 | 0 |
| Retail Investors | 1504800 | 50 | 0 |
| Total | 3009600 | 100 | 0 |
Subscription Status ( Mon, 24 Feb 25 01:20 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 1504800 | 3123600 | 2.08x |
| Retail Investors | 1504800 | 2790000 | 1.85x |
| Total | 3009600 | 5913600 | 1.96x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 129,600.00 |
| Retail (Max) | 1 | 1,200 | 129,600.00 |
| S-HNI (Min) | 2 | 2,400 | 259,200.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Interactive Financial Services Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
HP Telecom India IPO is a Fixed price IPO worth ₹34.23 crores. The price band is ₹108 to 108 per share. The IPO opens on Thu, Feb 20, 2025 and closes on Mon, Feb 24, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The HP Telecom India IPO opens on Thu, Feb 20, 2025 and closes on Mon, Feb 24, 2025
HP Telecom India IPO Price Band is ₹108 to 108.
HP Telecom India IPO lot size is 1200, and the minimum amount required for application is ₹259200.
The minimum investment for HP Telecom India IPO is approximately ₹259200 based on the upper price band.
To apply for the HP Telecom India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Feb 24, 2025. After submission, funds are blocked until the basis of allotment of HP Telecom India IPO is finalised.
HP Telecom India IPO issue size is ₹34.23 crores.
HP Telecom India IPO allotment date is Sat, Jun 27, 2026.
The registrar for HP Telecom India IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to HP Telecom India IPO through their official website or helpline.