HP Telecom India IPO
- IPO Date20 Feb, 2025 to 24 Feb, 2025
- Listing Date28 Feb, 2025
- Face Value₹10 per share
- Issue Price-
- Lot Size1200 Shares
- Minimum Investment₹0
- Listing AtNSE SME
- Total Issue Size31,69,200 Shares
- Fresh Issue31,69,200 Shares
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue87,45,510
- Shareholding post issue1,19,14,710
IPO Dates
Closing Date
24 Feb, 2025
Initiation of Refunds
27 Feb, 2025
Listing Date
28 Feb, 2025
20 Feb, 2025
Opening Date
25 Feb, 2025
Basis of Allotment
27 Feb, 2025
Credit of Shares
HP Telecom India Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,29,600 |
| B-HNI (Min) | - | - | - |
| S-HNI (Max) | - | - | - |
| Retail (Max) | 1 | 1200 | ₹1,29,600 |
| S-HNI (Min) | 2 | 2400 | ₹2,59,200 |
HP Telecom India Promoter Holding
The promoters of the company are Vijay Lalsingh Yadav, Seemabahen Vijay Yadav and Bharatlal Lalsingh Singh.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.99% | 73.4% |
HP Telecom India COMPANY INFORMATION
HP Telecom India IPO is a fixed price issue of Rs 34.23 crores. The issue is entirely a fresh issue of 31.69 lakh shares. HP Telecom India IPO opens for subscription on February 20, 2025 and closes on February 24, 2025. The allotment for the HP Telecom India IPO is expected to be finalized on Tuesday, February 25, 2025. HP Telecom India IPO will be list on NSE SME with a tentative listing date fixed as Friday, February 28, 2025. HP Telecom India IPO price is ₹108 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,29,600.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 of the HP Telecom India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for HP Telecom India IPO is Aftertrade Broking Pvt Ltd.
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:
- Exclusive Distribution Rights
- Strong Brand Reputation
- Experienced and Visionary Leadership
- Robust network and relationships with suppliers
- Financial Stability and Resources.
HP Telecom India IPO
HP Telecom India, a Surat-based distributor of telecom and electronic products, is launching its Initial Public Offering (IPO). The IPO consists of a fresh issue of up to 31,69,200 equity shares with a face value of ₹10 per share, aggregating up to ₹3,422.74 lakhs. There is no Offer for Sale (OFS), making it a 100% fresh issue. The funds raised will be utilized for working capital requirements and general corporate purposes. The shares will be listed on the NSE EMERGE platform
Key IPO Details
- Type of Issue • Fixed Price Issue
- Total Issue Size • 31,69,200 equity shares
- Face Value • ₹10 per share
- Issue Price • ₹108 per share (including ₹98 as share premium)
- Offer Opens • February 20, 2025
- Offer Closes • February 24, 2025
- Listing Exchange • NSE EMERGE
- Market Maker Reservation • 1,59,600 equity shares
Company Overview
HP Telecom India was originally incorporated as HP Telecom India Private Limited in 2011 and later converted into a public company in 2024. The company operates as a distributor of telecom and electronic products, including Apple, Jio, and Infinix mobile devices across multiple regions in India.
- Promoters • Vijay Lalsingh Yadav, Seemabahen Vijay Yadav, and Bharatlal Lalsingh Singh
- Headquarters • Surat, Gujarat
- Corporate Identification Number (CIN) • U51395GJ2011PLC064616
Financial Overview
HP Telecom India has demonstrated strong revenue growth, driven by rising demand for mobile and telecom products. The IPO proceeds will be used to strengthen the company's financial position and expand its product distribution network.
Key Financial Metrics
- Revenue (FY 2024): ₹1,05,891.92 lakhs
- Profit (FY 2024): ₹1,012.87 lakhs
- Net Worth (FY 2024): ₹2,911.47 lakhs
- Earnings Per Share (FY 2024): ₹11.58
Key Strengths of HP Telecom India
- Exclusive Apple Distributor • Stronghold in premium mobile phone distribution.
- No OFS • Entire IPO proceeds go into business expansion.
- Expanding Market Presence • Operations in Gujarat, Uttar Pradesh, Madhya Pradesh, and Chhattisgarh.
IPO Pros and Cons
Pros
Growing Demand • High demand for Apple and telecom products in India.
Proceeds Utilization • IPO funds will enhance working capital and expansion.
Strong Supplier Network • Long-term relationships with leading telecom brands.
Cons
Market Dependency • Revenue is highly dependent on Apple and Jio product sales.
Competitive Industry • Faces competition from other mobile distributors and retailers.
Inventory Management Risks • Telecom product pricing is subject to rapid changes.
Risk Factors
Potential investors should consider the following risks before investing:
- Business Concentration • A significant portion of revenue comes from a few key brands.
- Regulatory Compliance • Subject to changes in telecom and import regulations.
- Market Volatility • Pricing and demand fluctuations in the smartphone market.
Conclusion
The HP Telecom India IPO presents an opportunity to invest in a leading telecom product distributor with strong brand partnerships. With no Offer for Sale, all funds raised will be used for working capital and expansion, making it an attractive investment. However, investors should evaluate risks related to brand dependency, market competition, and inventory management before making a decision.
FAQs About Hp Telecom India Ipo
HP Telecom India IPO will open on 20 Feb, 2025 and close on 24 Feb, 2025. Investors must apply within this period to participate.
The HP Telecom India IPO price band is set between ₹108.00 and ₹0.00 per share. The minimum lot size is 1200, requiring an investment of at least ₹0.00.
The HP Telecom India IPO shares are expected to be listed on 28 Feb, 2025, subject to regulatory approvals and final allotment.
You can track your HP Telecom India IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The HP Telecom India IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.