Allotment

HP Telecom IPO is a fixed-price issue aggregating to ₹34.23 crore, consisting entirely of a fresh issue of 0.32 crore equity shares, amounting to ₹34.23 crore.
The IPO opened for subscription on February 20, 2025, and closed on February 24, 2025. The basis of allotment was finalized on February 25, 2025, and the shares were listed on the NSE SME platform on February 28, 2025.
The issue price was fixed at ₹108.00 per share. The lot size for application was 1,200 shares, requiring a minimum investment of ₹1,29,600 for retail investors at the issue price. For HNI investors, the minimum application size was two lots (2,400 shares), amounting to ₹2,59,200.
Interactive Financial Services Ltd. acted as the Book Running Lead Manager, Bigshare Services Pvt. Ltd. served as the Registrar to the Issue, and Aftertrade Broking Pvt. Ltd. was appointed as the Market Maker.
₹1080%
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HIgh - Low
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Total Traded Value
52 Weeks High
52 Weeks Low
Updates On
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IPO Market price
| IPO Date | 28 Feb |
| IPO Listing Date | 28 Feb |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹108.00 |
| IPO Issue Size | 31,69,200 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Fixed Price IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 87,45,510 shares |
| IPO Open Date | 20 Feb |
| IPO Close Date | 24 Feb |
| IPO Allotment (Tentative) | 25 Feb |
| Refunds | 27 Feb |
| Credit to Demat Account | 27 Feb |
| IPO Listing Date | 28 Feb |
| Category | Offer |
|---|---|
| QIB Shares Offered | - |
| NII (HNI) Shares Offered | 15,04,800 (47.48%) Shares |
| Retail Shares Offered | 15,04,800 Shares |
Investors can apply for a minimum of 1,200 shares, and bids must be made in multiples of 1,200 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,29,600 |
| Retail (Max) | 1 | 1,200 | ₹1,29,600 |
| S-HNI (Min) | 2 | 2,400 | ₹2,59,200 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Founded in March 2011, HP Telecom India Limited initially focused on the distribution of mobile phones and accessories. During the fiscal year 2014-15, the company secured exclusive distribution rights for Sony LED TVs, mobiles, and other consumer electronics brands in Gujarat. Over time, its product portfolio expanded to include LCD/LED home theatres, air conditioners, and other appliances.
Currently, HP Telecom serves as the exclusive distributor of Apple products in Madhya Pradesh, Chhattisgarh, select cities in Uttar Pradesh, and major urban centers in Gujarat. The company offers a range of Apple devices, including iPhones, iPads, Macs, and Apple Watches, catering to tech-savvy consumers in these regions.
As of September 30, 2024, HP Telecom employed 7 permanent staff members and 84 contractual employees across its operations.
Competitive Strengths
Exclusive distribution rights for leading consumer electronics and Apple products
Strong brand reputation in key regional markets
Experienced and visionary leadership driving growth and expansion
Robust network and supplier relationships ensuring efficient operations
Financial stability and resources to support strategic initiatives
| Assets | 258.97 | 281.48 | 93.55 |
| Total Income | 594.19 | 1,079.77 | 638.47 |
| Profit After Tax | 5.24 | 8.6 | 6.35 |
| EBITDA | - | - | - |
| NET Worth | 34.35 | 29.11 | 20.51 |
| Reserves and Surplus | 25.61 | 20.37 | 14.68 |
| Total Borrowing | 105.14 | 100.15 | 59.29 |
| ROE | 29.56% |
| ROCE | 66.62% |
| Debt/Equity | - |
| RoNW | 29.56% |
| PAT Margin | 0.81% |
| EBITDA Margin | - |
| Price to Book Value | 3.24 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 30 |
| 3 | To meet out the General Corporate Purposes; | 3.5 |
| 4 | Offer for Sale (OFS) | - |
HP Telecom India Ltd. Address
Plot No – 97, 01st Floor, Om Square
Near Ishwar Farm, BRTS
Canal Road, Bhatar, Althan
Surat, Gujarat, 395017
+91 9825309977
compliancehptl@gmail.com
https://www.hvciipl.com/
IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html