HP Telecom India IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Thu, 20 Feb 2025
Close Date
Mon, 24 Feb 2025
Issue Price
₹ 108
Lot Size
1200
Issue Size
₹ 34.23 Cr
Minimum Investment
₹ 259,200 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
HP Telecom India IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹34.23 Crore, comprising a fresh issue of 31.69 Lakh equity shares aggregating to ₹34.23 Crore.
The HP Telecom India IPO remained open for subscription from February 20, 2025, to February 24, 2025. The basis of allotment was finalized on February 25, 2025, and the company's shares were listed on NSE SME Platform on February 28, 2025.
The company had fixed the price at ₹108 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹259,200 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Interactive Financial Services Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, HP Telecom India Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
HP Telecom India IPO Timeline (Tentative)
- IPO Open Date
- Thu, 20 Feb 25
- IPO Close Date
- Mon, 24 Feb 25
- Basis of Allotment
- Tue, 25 Feb 25
- Initiation of Refunds
- Thu, 27 Feb 25
- Credit of Shares to Demat
- Thu, 27 Feb 25
- Listing Date
- Fri, 28 Feb 25 — NSE & BSE
Open Date
20 February 2025
Close Date
24 February 2025
Basis Of Allotment
25 February 2025
Listing Date
28 February 2025
IPO Subscription
Check Live Subscription →The HP Telecom India IPO has received bids for 59,13,600 shares against 30,09,600 shares offered, resulting in an overall subscription of 1.96x. the NII category is subscribed 2.08x, Retail Investors 1.85x, and QIBs 0x.
QIB
0x
NII
2.08x
RII
1.85x
Total
1.96x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 15,04,800 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 15,04,800 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 1,504,800 | 50% |
| Retail Investors | 1,504,800 | 50% |
| Total | 3,009,600 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
HP Telecom India Limited KPI Information
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 29.56 |
| ROCE % | 66.62 |
| RoNW % | 29.56 |
| Pat Margin % | 0.81 |
Peers Comparison
No Peer Comparision Available
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;
HP Telecom India Limited Address / Contact Details
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
HP Telecom India IPO Lot Size
The HP Telecom India IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,29,600 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,29,600.
| 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 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Interactive Financial Services Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the HP Telecom India 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.
When will the HP Telecom India IPO open for subscription?
The HP Telecom India IPO opens on Thu, Feb 20, 2025 and closes on Mon, Feb 24, 2025
What is HP Telecom India IPO Price Band?
HP Telecom India IPO Price Band is ₹108 to 108 per share.
What is HP Telecom India IPO Lot Size?
HP Telecom India IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹259200 based on the upper price band
What is the minimum investment for HP Telecom India IPO?
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.
How to apply for HP Telecom India IPO?
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.
What is HP Telecom India IPO Issue Size?
HP Telecom India IPO issue size is ₹34.23 crores.
What is the HP Telecom India IPO Allotment Date?
HP Telecom India IPO allotment date is Tue, Feb 25, 2025.
Who is the HP Telecom India IPO Registrar?
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.
Who is the HP Telecom India IPO Lead Manager?
The book-running lead managers (BRLMs) for the HP Telecom India IPO are Interactive Financial Services Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the HP Telecom India IPO Red Herring Prospectus (RHP).