HP Telecom India IPO Details
The key details of HP Telecom India’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹34.23 Cr |
| Price Range | ₹108 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1,200 |
| Investment (cut-off price) | ₹1,29,600 |
| Pre IPO Promotor Holding | 99.99% |
| Post IPO Promotor Holding | 73.40% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
HP Telecom India IPO Timelines
The IPO process for HP Telecom India includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
20/02/2025
Start Date24/02/2025
End Date27/02/2025
Refund Initiation27/02/2025
Credit of Shares to Demat Ac28/02/2025
Listing DateHP Telecom India IPO Lot Size
The HP Telecom India IPO has a fixed lot size of 1,200 shares, at a price band of ₹108 per share, requiring ₹129,600 per lot for retail investors. For HNI investors, the minimum application is 2,400 shares (2 lots) amounting to ₹259,200.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,29,600 |
| Retail Maximum | 1 | 1200 | ₹1,29,600 |
| HNI Minimum | 2 | 2400 | ₹2,59,200 |
HP Telecom India IPO Subscription Status
The subscription status for HP Telecom India IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 1.97x | 1.85x | -- | 1.91x |
IPO Performance on Listing Day
On the listing day (February 28, 2025), HP Telecom India made a positive debut on the stock exchange. The stock opened at ₹115.05, delivering a decent premium of 6.5% over its issue price of ₹108. Throughout the trading session, the stock showed steady movement, reaching a high of ₹118 while maintaining support above ₹111.05. The shares concluded their first trading day at ₹115.05, securing a healthy gain of 6.5% over the issue price, indicating stable investor interest in this telecommunications player.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹115.05 | ₹115.05 | ₹118.00 | ₹111.05 |
HP Telecom India IPO Company Financials
HP Telecom India reports robust performance in FY2024 with Total Income of ₹1,079.77 crores, managing expenses at ₹1,068.17 crores, and achieving a strong PAT (Profit After Tax) of ₹8.60 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹292.55 | ₹289.81 | ₹2.13 |
| FY 2023 | ₹638.47 | ₹630.00 | ₹6.35 |
| FY 2024 | ₹1,079.77 | ₹1,068.17 | ₹8.60 |
| FY 2025 (6 M) | ₹594.19 | ₹587.17 | ₹5.24 |
About Company
HP Telecom India, originally incorporated as HP Telecom India Private Limited on March 26, 2011, started as a distributor of mobile phones, accessories, and related products. Over the years, under the guidance of its promoters, the company expanded its portfolio, securing exclusive distribution rights for brands like Sony LED TVs, mobile phones, and home appliances. In 2015-16, it further strengthened its presence by acquiring exclusive distribution rights for Jio products in Gujarat. With a strong network and a deep understanding of the Indian market, the company has consistently expanded its offerings and geographic reach.
Rebranded as HP Telecom India Limited (HPTL), the company has focused on providing top-tier telecommunications solutions with an emphasis on professionalism and innovation. In 2017, HPTL became an authorized distributor for Apple products, expanding its reach across Gujarat, Uttar Pradesh West, Madhya Pradesh, and Chhattisgarh. In 2023, it partnered with Nothing, a rising tech brand, further broadening its presence in Gujarat, Madhya Pradesh, and Chhattisgarh. Through strategic partnerships and a commitment to customer satisfaction, HPTL continues to strengthen its position in the technology distribution sector.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2011 | Telecom | Vijay Lalsingh Yadav |
Know Before Investing
HP Telecom India IPO Strengths
- HP Telecom operates as the exclusive distributor of Apple products in key regions like Madhya Pradesh, Chhattisgarh, select cities in Uttar Pradesh, and major urban centers in Gujarat, providing a significant competitive advantage.
- The company benefits from a strong brand reputation associated with Apple products, which are highly sought after by tech-savvy consumers.
- HP Telecom is guided by experienced and visionary leadership, crucial for navigating the competitive telecom distribution market.
- The company has a robust network and established relationships with suppliers, ensuring a steady supply of products.
- HP Telecom possesses financial stability and resources, as evidenced by its balance sheet and income statement figures.
- The company employs effective market penetration strategies to expand its reach and customer base.
- HP Telecom focuses on optimizing its business operations to enhance efficiency and profitability.
- The company continuously researches growing brands to diversify its offerings and cater to a broader customer base.
HP Telecom India IPO Risks
- HP Telecom’s business is highly dependent on the demand for Apple products, and any decrease in their popularity could significantly impact revenue.
- The company faces risks associated with holding inventory and liquidating stock, which could adversely affect profitability if they cannot liquidate inventory.
- HP Telecom operates with thin profitability margins due to the trading nature of its business and intense competition.
- As a distributor of electronic products, the company faces the risk of technology obsolescence, which could lead to inventory devaluation.
- The company’s liquidity is stretched, marked by high utilization of working capital limits and negative cash flows from operations.
- The operations are working capital intensive, requiring significant funds to be blocked in inventory and receivables.
- The company has moderate debt coverage indicators, which could pose challenges in managing its debt obligations.
- HP Telecom operates in a fragmented and competitive industry, which puts pressure on profitability.
- The company is dependent on original equipment manufacturers for the telecommunication products it distributes.
Swot Analysis for HP Telecom India IPO
Strengths
Exclusive Apple distributor, Revenue growth, Efficient working capital
Weaknesses
Thin profitability margins, Moderate leverage, Inventory holding risk
Opportunities
Growing Apple sales, Expanding distribution network, Market penetration
Threats
Intense competition, Technology obsolescence, Inventory liquidation, Legal proceedings
Company Details
HP Telecom India Limited
Plot No – 97, 01 st Floor, Om Square, Near Ishwar Farm, BRTS Canal Road, Bhatar, Althan, Surat 395017, Gujarat, India
Website: https://www.hvciipl.com/
Phone: +91 9825309977
Email: [email protected]
IPO Registar Details
Bigshare Services Pvt Ltd
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: [email protected]
FAQs
The key objectives of HP Telecom India IPO are:
- Funding the working capital requirements of the company
- General Corporate Purpose
Interactive Financial Services Ltd is the book-running lead managers for the HP Telecom India IPO.
HP Telecom India IPO shows growth potential, driven by India’s expanding electronics market. Revenue increased significantly from ₹292.55 crore in FY22 to ₹1,079.77 crore in FY24. The company’s role as an Apple distributor and focus on working capital contribute to its prospects.
The issue price for the HP Telecom India IPO is set to ₹108 per share.
To invest in one lot of HP Telecom India IPO, you need ₹1,29,600 at the fixed price band (₹108 per share) for a lot size of 1200 shares.
HP Telecom India IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on February 28, 2025.
Refund/unblocking of funds for HP Telecom India IPO will begin on February 27, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your HP Telecom India IPO shares on listing day (February 28, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.