The HP Telecom India IPO is scheduled to open on February 20, 2025, and close on February 24, 2025. This IPO is a Fixed Price Issue, with the company aiming to raise approximately ₹34.23 crores. The offering includes a fresh issue of ₹34.23 crores, along with an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the HP Telecom India IPO is ₹108 per share. The retail quota is set at 50%, with 0% allocated to Qualified Institutional Buyers (QIBs) and 50% for High Net-Worth Individuals (HNIs). The IPO is expected to list on the NSE on February 28, 2025, and the allotment date is set for February 25, 2025.
In terms of financial performance, HP Telecom India reported a revenue of ₹1,079.77 crores in 2024, compared to ₹638.47 crores in 2023. The company’s profit for 2024 stood at ₹8.6 crores, up from ₹6.35 crores in 2023. Based on these financials, long-term investors may find this IPO a promising opportunity.
HP Telecom India IPO Details
- IPO Opening Date: February 20, 2025
- IPO Closing Date: February 24, 2025
- Face Value: ₹10 per equity share
- IPO Price Band: ₹108 per share
- Issue Size: Approximately ₹34.23 crores
- Fresh Issue: Approximately ₹34.23 crores
- Issue Type: Fixed Price Issue
- IPO Listing: NSE SME
- Retail Quota: Up to 50%
- NII Quota: Up to 50%
- DRHP Draft Prospectus: [Click Here]
- RHP Draft Prospectus: [Click Here]
HP Telecom India IPO Market Lot
The minimum market lot for the HP Telecom India IPO is 1,200 shares, requiring an application amount of ₹1,29,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,200 | ₹1,29,600 |
| Retail Maximum | 1 | 1,200 | ₹1,29,600 |
| S-HNI Minimum | 2 | 2,400 | ₹2,59,200 |
HP Telecom India IPO Dates
The HP Telecom India IPO will open on February 20, 2025, and close on February 24, 2025. The allotment will be finalized on February 25, with refunds and credit to Demat accounts scheduled for February 27. The IPO will list on the NSE on February 28, 2025.
| Event | Date |
|---|---|
| IPO Open Date | February 20, 2025 |
| IPO Close Date | February 24, 2025 |
| Basis of Allotment | February 25, 2025 |
| Refunds | February 27, 2025 |
| Credit to Demat Account | February 27, 2025 |
| IPO Listing Date | February 28, 2025 |
Promoters of HP Telecom India IPO
The promoters of HP Telecom India are Vijay Lalsingh Yadav, Seemabahen Vijay Yadav, and Bharatlal Lalsingh Singh.
About HP Telecom India IPO
Founded in March 2011, HP Telecom India Limited is a provider of mobile phones and accessories. In the fiscal year 2014-15, the company secured exclusive distribution rights for Sony LED TVs, mobile phones, and other brands in Gujarat.
The company’s directors include Vijay Lalsingh Yadav, Seemabahen Vijay Yadav, Bharatlal Lalsingh Singh, Dinesh Ram Nath Yadav, Chirag Jitendra Sheth, Hemant Ashwinkumar Jethwa, and Barkha Jain. In 2015-16, HP Telecom India expanded its distribution portfolio by becoming the West Region Trade Partner for Jio products in Gujarat.
To further broaden their market reach, the promoters are exploring new product lines, including popular mobile brands such as Nokia, Micromax, Intex, Gionee, and Karbonn. The company, known for its skilled and experienced leadership, employed 7 permanent staff and 84 contract-based employees as of 2024.
HP Telecom India IPO Financial Report
HP Telecom India reported a revenue of ₹1,079.77 crores in 2024, up from ₹638.47 crores in 2023. The company’s profit stood at ₹8.6 crores in 2024, compared to ₹6.35 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| 2022 | ₹292.55 | ₹289.81 | ₹2.13 | ₹46.06 |
| 2023 | ₹638.47 | ₹630.00 | ₹6.35 | ₹93.55 |
| 2024 | ₹1,079.77 | ₹1,068.17 | ₹8.60 | ₹281.48 |
| September 2024 | ₹594.19 | ₹587.17 | ₹5.24 | ₹258.97 |
HP Telecom India IPO Valuation – FY2024
Here are key valuation metrics for HP Telecom India IPO, including Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV):
| KPI | Values |
|---|---|
| ROE | 29.56% |
| ROCE | 66.62% |
| EBITDA Margin | 1.84% |
| PAT Margin | 0.81% |
| Debt to Equity Ratio | 0.00 |
| Earnings Per Share (EPS) | ₹13.48 (Basic) |
| Price/Earnings (P/E) Ratio | 8.01 |
| Return on Net Worth (RoNW) | 29.56% |
| Net Asset Value (NAV) | ₹33.29 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Bhatia Communications & Retail (India) Ltd. | 0.92 | 27.97 | 17.44% | 5.28 | ₹415.40 Cr. |
| Jay Jalaram Technologies Limited | 4.37 | 69.11 | 17.07% | 25.59 | ₹539.54 Cr. |
Objects of the Issue
- To fund the working capital requirements of the company.
- For general corporate purposes.
HP Telecom India IPO Review
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HP Telecom India IPO Registrar
- Bigshare Services Pvt Ltd
- Phone: +91-22-6263 8200
- Email: ipo@bigshareonline.com
- Website: Bigshare IPO Status
IPO Lead Managers (Merchant Bankers)
- Interactive Financial Services Ltd
Company Address
HP Telecom India Limited
Plot No – 97, 1st Floor, Om Square
Near Ishwar Farm, BRTS Canal Road, Bhatar, Althan-395017
Phone: +91 9825309977
Email: compliancehptl@gmail.com
Website: HP Telecom India
HP Telecom India IPO FAQs
What is HP Telecom India IPO?
The HP Telecom India IPO is an SME IPO where the company aims to raise ₹34.23 Crores by offering shares priced at ₹108 each. The IPO will be listed on the NSE.
When will the HP Telecom India IPO open for subscription?
The IPO will open on February 20, 2025, for QIB, NII, and Retail investors. The IPO will close on February 24, 2025.
What is the investor portion in HP Telecom India IPO?
- QIB: 0%
- NII: 50%
- Retail: 50%
How can I apply for the HP Telecom India IPO?
You can apply for the IPO via ASBA online through your bank account or UPI via your stock broker. Alternatively, you can apply by filling out the offline form with your stock broker.
What is the issue size of HP Telecom India IPO?
The HP Telecom India IPO is sized at ₹34.23 crores.
What is the price band for the HP Telecom India IPO?
The price band for the IPO is ₹108 per share.
What is the lot size for the HP Telecom India IPO?
The minimum bid is for 1200 shares, with an application amount of ₹1,29,600.
What is the allotment date for the HP Telecom India IPO?
The allotment date is February 25, 2025.
What is the listing date for the HP Telecom India IPO?
The listing date is February 28, 2025.
