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HP Telecom IPO is a fixed price issue of ₹34.23 crores. The issue is entirely a fresh issue of 0.32 crore shares of ₹34.23 crore.
HP Telecom IPO bidding started from Feb 20, 2025 and ended on Feb 24, 2025. The allotment for HP Telecom IPO was finalized on Feb 25, 2025. The shares got listed on NSE SME on Feb 28, 2025.
HP Telecom IPO price is ₹108.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,29,600 (1200 shares). 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 and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Aftertrade Broking Pvt.Ltd..
Refer to HP Telecom IPO RHP for detailed Information.
| IPO Date | February 20, 2025 to February 24, 2025 |
| Listing Date | February 28, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹108 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 31,69,200 shares (aggregating up to ₹34.23 Cr) |
| Reserved for Market Maker | 1,59,600 shares Aftertrade Broking Pvt.Ltd. (aggregating up to ₹1.72 Cr) |
| Net Offered to Public | 30,09,600 shares (aggregating up to ₹32.50 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 87,45,510 shares |
| Share Holding Post Issue | 1,19,14,710 shares |
HP Telecom India IPO offers total 31,69,200 shares. Out of which 15,04,800 (47.48%) allocated to NII, 15,04,800 (47.48%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,59,600 (5.04%) |
| NII (HNI) Shares Offered | 15,04,800 (47.48%) |
| Retail Shares Offered | 15,04,800 (47.48%) |
| Total Shares Offered | 31,69,200 (100.00%) |
HP Telecom 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 Mon, Feb 24, 2025 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,29,600 |
| Retail (Max) | 1 | 1,200 | ₹1,29,600 |
| HNI (Min) | 2 | 2,400 | ₹2,59,200 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 258.97 | 281.48 | 93.55 | 46.06 |
| Total Income | 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 | ||||
The market capitalization of HP Telecom IPO is ₹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 Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
[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...
| Listing Date | February 28, 2025 |
| BSE Script Code | |
| NSE Symbol | HPTL |
| ISIN | INE0VA601019 |
| Final Issue Price | ₹108 per share |
| NSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹108.00 |
| Open | ₹115.05 |
| Low | ₹111.05 |
| High | ₹118.00 |
| Last Trade | ₹115.05 |
HP Telecom India Ltd.
Plot No – 97, 01st Floor, Om Square
Near Ishwar Farm, BRTS
Canal Road, Bhatar, Althan
Surat, Gujarat, 395017
Phone: +91 9825309977
Email: compliancehptl@gmail.com
Website: https://www.hvciipl.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
HP Telecom IPO is a SME IPO of 31,69,200 equity shares of the face value of ₹10 aggregating up to ₹34.23 Crores. The issue is priced at ₹108 per share. The minimum order quantity is 1200.
The IPO opens on February 20, 2025, and closes on February 24, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in HP Telecom IPO using UPI as a payment gateway. Zerodha customers can apply in HP Telecom IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in HP Telecom IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The HP Telecom IPO opens on February 20, 2025 and closes on February 24, 2025.
HP Telecom IPO lot size is 1200, and the minimum amount required for application is ₹1,29,600.
You can apply in HP Telecom IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for HP Telecom IPO will be done on Tuesday, February 25, 2025, and the allotted shares will be credited to your demat account by Thursday, February 27, 2025. Check the HP Telecom IPO allotment status.
The HP Telecom IPO listing date is on Friday, February 28, 2025.
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