HP Telecom India IPO Details
The HP Telecom India IPO is a fixed price issue with a total issue size of ₹34.23 cr, comprising of fresh issue of 3169200 equity shares. HP Telecom India IPO opened for subscription on Feb 20, 2025 and closed on Feb 24, 2025. HP Telecom India IPO has set the price at ₹108 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹259,200.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Feb 25, 2025, and listed on the NSE on Feb 28, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. Interactive Financial Services Ltd are the Book Running Lead Manager for the issue.
Before investing in the HP Telecom India IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 108 – 108
- Lot Size
- 1200
- Issue Size
- ₹34.23 Cr
- Minimum Investment
- ₹259200 (2400 Shares)
- Listing Date
- 28 February 2025
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About HP Telecom India Limited
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.
HP Telecom India IPO Promoters
- Vijay Lalsingh Yadav
- Seemabahen Vijay Yadav
- Bharatlal Lalsingh Singh
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
73.40%
HP Telecom India IPO Objective
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
Book Running Lead Managers
- Interactive Financial Services Ltd
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 with a total issue size of ₹34.23 crore. The HP Telecom India IPO price band is ₹108 to 108 per share. The HP Telecom India IPO subscription opens on Thu, Feb 20, 2025, and closes on Mon, Feb 24, 2025. The HP Telecom India IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the HP Telecom India IPO.
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 per share.
HP Telecom India IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹259200 based on the upper price band
The minimum investment for HP Telecom India IPO is ₹259200, based on one lot of 1200 shares at the upper price band of ₹108 per share.
Investors can apply for the HP Telecom India IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Feb 24, 2025. The application amount remains blocked until the HP Telecom India IPO allotment is finalized.
HP Telecom India IPO issue size is ₹34.23 crores.
HP Telecom India IPO allotment date is Wed, Jul 1, 2026.
The registrar for HP Telecom India IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check HP Telecom India IPO allotment status, refund processing, and other IPO-related information.