Comparison between HP Telecom IPO and Tejas Cargo IPO.
IPO Details
HP Telecom IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tejas Cargo IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of HP Telecom IPO is up to ₹32.50 Cr whereas the issue size of the Tejas Cargo IPO is up to ₹100.54 Cr. The final issue price of HP Telecom IPO is ₹108.00 per share and of Tejas Cargo IPO is ₹168.00 per share.
IPO Timetable
HP Telecom IPO opens on Feb 20, 2025, while Tejas Cargo IPO opens on Feb 14, 2025. The closing date of HP Telecom IPO and Tejas Cargo IPO is Feb 24, 2025, and Feb 18, 2025, respectively.
| | HP Telecom IPO | Tejas Cargo IPO |
|---|
| Anchor Bid Date | | Feb 13, 2025 |
| Issue Open | Feb 20, 2025 | Feb 14, 2025 |
| Issue Close | Feb 24, 2025 | Feb 18, 2025 |
| Basis Of Allotment (Tentative) | Feb 25, 2025 | Feb 19, 2025 |
| Initiation of Refunds (Tentative) | Feb 27, 2025 | Feb 20, 2025 |
| Credit of Share (Tentative) | Feb 27, 2025 | Feb 20, 2025 |
| Listing date (Tentative) | Feb 28, 2025 | Feb 24, 2025 |
| Anchor Lockin End date 1 | | Mar 21, 2025 |
| Anchor Lockin End date 2 | | May 20, 2025 |
Financials & KPIs
HP Telecom IPO P/E ratio is 10.98, as compared to Tejas Cargo IPO P/E ratio of 22.35.
Shares Offered
In the HP Telecom IPO Retail Individual Investors (RII) are offered 15,04,800 shares while in Tejas Cargo IPO retail investors are offered 15,04,800 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in HP Telecom IPO and 11,84,800 shares in Tejas Cargo IPO.
| | HP Telecom IPO | Tejas Cargo IPO |
|---|
| Anchor Investor Reservation | 0 shares | 17,75,200 shares |
| Market Maker Reservation | 1,59,600 shares | 3,15,200 shares |
| QIB | 0 shares | 11,84,800 shares |
| NII | 15,04,800 shares | 8,88,800 shares |
| RII | 15,04,800 shares | 20,72,800 shares |
| Employee | 0 shares | 63,200 shares |
| Others | | |
| Total | 30,09,600 shares | 59,84,800 shares |
Bids Received (Subscription)
HP Telecom IPO subscribed 1.91x in total, whereas Tejas Cargo IPO subscribed 1.15x.