IPO Details

Bidding Dates

20 Feb '25 - 24 Feb '25

Minimum Investment

₹1,29,600 / 1 Lot (1200 Shares)

Price Range

₹108

Maximum Investment

₹1,29,600 / 1 Lot (1200 Shares)

Retail Discount

To be announced

Issue Size

₹34.23 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   High Net-worth Individual  |  

HP Telecom India IPO Important Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Feb 20, 25

IPO Closing Date

Feb 24, 25

Basis of Allotment

Feb 25, 25

Initiation of Refunds

Feb 27, 25

IPO Listing Date

Feb 28, 25

HP Telecom India IPO Subscription Details

DateNIIRetailTotal

Day 1Feb 19, 2025

 0.02 0.22 0.12

About HP Telecom India IPO

HP Telecom India IPO is a fixed-price issue worth ₹34.23 crore, consisting entirely of a fresh issue of 31.69 lakh shares. The subscription period opens on February 20, 2025, and closes on February 24, 2025. The allotment is expected to be finalised on February 25, 2025, with the listing scheduled on NSE SME on February 28, 2025.

The IPO is priced at ₹108 per share, with a minimum lot size of 1,200 shares. Retail investors need to invest at least ₹1,29,600, while High Net-worth Individuals (HNIs) must apply for at least two lots, amounting to ₹2,59,200.

Interactive Financial Services Ltd is the book-running lead manager for this IPO, while Bigshare Services Pvt Ltd is the registrar. Aftertrade Broking Pvt Ltd is the market maker. Investors can refer to the Red Herring Prospectus (RHP) for detailed insights into the company’s financials, objectives, and risks. The IPO aims to provide capital for business expansion, offering an opportunity for investors to participate in the company’s growth.

Industry Outlook

  1. India’s electronics exports grew by 13.8% in FY23, with a target to reach US$ 120 billion by FY26. The consumer electronics and appliances industry is expected to nearly double to ₹1.48 lakh crore by 2025.
  2. India’s mobile phone manufacturing surged from 60 million units in 2014-15 to 290 million units in 2020-21. As ICT hardware continues to grow, HP Telecom India Limited can leverage its expertise to cater to rising demand in telecom infrastructure, contributing to its business expansion and revenue growth.

HP Telecom India IPO Objectives 

The company proposes to utilise the net proceeds from the IPO for the following objectives:

  1. The funds will support daily operations, ensuring smooth business activities and financial stability.
  2. The remaining funds will be used for general corporate purposes.

About HP Telecom India Limited 

HP Telecom India Limited, established on March 26, 2011, began as a distributor of mobile phones, accessories, and related products. Under the leadership of its promoters, Vijay Yadav, Seema Yadav, and Bharatlal Lalsingh Singh, the company secured exclusive distribution rights for Sony LED TVs and mobile phones in Gujarat during the 2014-15 financial year. Over time, the product portfolio expanded to include home appliances such as LCD/LED home theatres and air conditioners.

The company steadily grew its distribution network by adding mobile brands like Nokia, Micromax, Intex, Gionee, and Karbonn. In 2015-16, it secured exclusive distribution rights for Jio products in Gujarat. Recognising India’s potential as a key market for Apple, HP Telecom acquired distribution rights for the Vapi region, strengthening its presence in the premium technology segment.

Currently, it is an exclusive distributor of Apple products in Madhya Pradesh, Chhattisgarh, parts of Uttar Pradesh, and major cities in Gujarat. The portfolio includes iPhones, iPads, MacBooks, and Apple Watches. Additionally, the company distributes Nothing smartphones in Gujarat and operates trading activities in Karnataka.

Apple products contribute over 80% of the company’s revenue, with the remainder generated from brands such as Jio and Infinix. By continuously expanding its distribution reach and product range, HP Telecom remains a significant player in India’s technology distribution market.

How To Check the Allotment Status of the HP Telecom India IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for HP Telecom India IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the HP Telecom India IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of HP Telecom India IPO 

Registered office: Plot No – 97, 01st Floor, Om Square, Near Ishwar Farm, BRTS Canal Road, Bhatar, Althan, Surat 395017, Gujarat, India

Phone: +91 9825309977

E-mail: compliancehptl@gmail.com

HP Telecom India IPO Reservation

Investor Category

Shares Offered

Retail Shares Offered

50% of the Net Issue

Other Shares Offered

50% of the Net Issue

HP Telecom India IPO Lot Size

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

HP Telecom India IPO Promoter Holding

Vijay Lalsingh Yadav, Seemabahen Vijay Yadav and Bharatlal Lalsingh Singh. are the promoters of the company.

Share Holding Pre-Issue

99.99%

Share Holding Post Issue

73.40%

Key Performance Indicators for HP Telecom India IPO

As of March 31, 2024, the market capitalisation of HP Telecom India's IPO is ₹128.68 crore. Here are the KPIs of HP Telecom India:

KPI

Value

RoE(%)

29.56

RoCE (%)

66.62

Price to Book Value

3.24

PAT Margin

0.81

Price Metrics

Metric

Pre-IPO

Post-IPO

EPS (₹)

9.84

8.79

P/E (x)

10.98

12.28

Note: Pre-IPO EPS is based on pre-issue shareholding and FY24 earnings as of March 31, 2024, from the RHP. Post-issue EPS is based on post-issue shareholding and annualised earnings as of September 30, 2024, from the RHP.

HP Telecom India IPO Prospectus

HP Telecom India IPO Registrar and Lead Managers

HP Telecom India IPO Lead Managers

  • Interactive Financial Services Limited

Registrar for HP Telecom India IPO

Bigshare Services Pvt Limited

HP Telecom India IPO Registrar

IPO Financials

Particulars Year ending on March 31, 2024 Year ending on March 31, 2023 Year ending on March 31, 2022
Revenue from operations (in ₹ lakh) 1,05,891.92 63,750.83 29,204.04
PAT (in ₹ lakh) 860.49 635.23 213.13
EBITDA (in ₹ lakh) 1,947.33 1,285.32 485.36
RONW (%) 29.56 30.97 13.78
RoE (%) 29.56 30.97 13.78
Total Borrowings (in ₹ lakh) 10,015.32 5,929.01 2,449.71
Return on capital employed (%) 66.62 62.41 31.17

Know before investing

Strengths

5

  1. Exclusive Apple distributor in MP, Chhattisgarh, Gujarat, and parts of UP.

  2. Over 80% revenue comes from Apple product distribution.

  3. Led by Vijay Yadav with 21+ years of industry experience.

  4. A strong supplier network ensures smooth operations and cost efficiency.

  5. Financially stable with strong liquidity and investment capabilities.

Risks

5

  1. Dependence on OEMs for supply may impact business and profitability.

  2. Over 80% revenue reliance on Apple poses concentration risk.

  3. Legal proceedings against the company and directors may affect operations.

  4. Lack of long-term customer agreements leads to sales uncertainty.

  5. Product defects could result in liability claims and reputational damage.

  • How to Apply in IPO
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HP Telecom India Limited Peer Details Comparison

Company EPS NAV (Per Share) RONW (%) Total Income (₹ in lakhs)
HP Telecom Limited 13.48 33.29 29.56 1,07,977.33
Bhatia Communications & Retail (India) Ltd 0.92 5.28 17.44 41,540.03
Jay Jalaram Technologies Limited 4.37 25.59 17.07 53,953.77

HP Telecom India IPO FAQs

What is the HP Telecom India IPO?

HP Telecom India IPO is a fixed price issue IPO. It will be open from February 20, 2025, to February 24, 2025.

When will the HP Telecom India IPO be allotted?

The Basis of Allotment will happen on Tuesday, February 25, 2025.

When will the HP Telecom India IPO open for subscription?

The IPO subscription window will open on February 20, 2025.

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 1200 shares.

When will HP Telecom India Limited list on exchanges?

The listing date for HP Telecom India Limited is Friday, February 28, 2025.

What is the issue size of the HP Telecom India IPO?

The issue size of the HP Telecom India IPO is up to ₹34.23 crores, consisting of a 100% fresh issue of 31,69,200 shares.

What are the open and close dates of the HP Telecom India IPO?

The open and close dates for HP Telecom India IPO are from February 20, 2025, to February 24, 2025.

What would be the listing gains on the HP Telecom India IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.

How to increase your chances of getting a HP Telecom India IPO allotment?

  1. Multiple Submissions: Use different Demat accounts to make multiple applications.
  2. Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
  3. Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.

How do I approve the UPI mandate request for the HP Telecom India IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of HP Telecom India Limited using one PAN?

You can submit only one application using your PAN card.

How to read HP Telecom India Limited's financial statements?

To read HP Telecom India’s financial statements, download the IPO’s  RHP document.

What is 'pre-apply' for HP Telecom India Limited IPO?

Pre-apply allows investors to apply for the  HP Telecom India  IPO two days before the subscription period opens, ensuring an early submission of your application.

If I pre-apply for the HP Telecom India Limited IPO, when will my order get placed?

Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.

When will I know if my HP Telecom India Limited IPO order is placed?

You will receive a notification once your order is successfully placed with the exchange after the bidding starts.

Who is the registrar of HP Telecom India IPO?

Bigshare Services Pvt Limited is the registrar responsible for managing the IPO allotment process and handling investor queries.

Where is the HP Telecom India IPO getting listed?

HP Telecom India Limited IPO is proposed to be listed on the SME platform of the National Stock Exchange (NSE).