HP Telecom India Limited (NSE SME)

Feb 20, 2025 - Feb 24, 2025

Price ₹108 - ₹108
Premium ₹0
Lot size 1200
Allotment Feb 25, 2025
Listing Feb 28, 2025

Category Lot(s) Qty Amount Reserved
Retail 1 1200 129600 1254
HNI 2 2400 259200 1254

Last updated on 24-Feb-2025 17:00:05

CategoryOfferedAppliedTimes
NIB150480031236002.08
RETAIL150480027900001.85
Total300960059136001.96
Application Wise Breakup
CategoryApp. Received
NIB176
RETAIL2325
Total2501
Subscription Demand (in ₹ crore)
CategoryOfferedDemandTimes
NIB16.2533.732.08
RETAIL16.2530.131.85
Total32.563.871.96
HNI Interest Cost Per Share (7 Days)
@7%
₹0.3
@8%
₹0.3
@9%
₹0.4
@10%
₹0.4
@11%
₹0.5
@12%
₹0.5
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail47.5%1504800
Other47.5%1504800
Market Maker5.04%159600
Total No. of Shares100.0%3169200

    HP Telecom India IPO Details

    Issue Size31,69,200 shares
    (aggregating up to ₹34.23 Cr)
    Fresh Issue31,69,200 shares
    (aggregating up to ₹34.23 Cr)
    Issue TypeFixed Price Issue IPO
    Listing AtNSE SME
    Share Holding Pre Issue87,45,510 shares
    Share Holding Post Issue1,19,14,710 shares
    Market Maker Portion1,59,600 shares
    Market MakerAftertrade Broking

    Key Performance Indicator

    KPISep-24Mar-24Mar-23
    ROE15.25%29.56%30.97%
    ROCE28.99%66.62%62.41%
    RONW15.25%29.56%30.97%
    EPS 11.9813.487.26
    P/E Pre IPO10.98
    P/E Post IPO12.28

    Company Financials In Crores

    Period EndedSep-24Mar-24Mar-23Mar-22
    Assets2592819446
    Revenue5941080638293
    Profit After Tax5962
    Net Worth34292115
    Reserves and Surplus26201510
    Total Borrowing1051005925

    About Company

    HP Telecom India Limited, founded in March 2011, initially focused on distributing mobile phones and accessories before securing exclusive distribution rights for Sony LED TVs, mobiles, and other brands in Gujarat during the fiscal year 2014-15. Over time, the company expanded its 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 centers in Gujarat, offering a range of Apple devices such as iPhones, iPads, Macs, and Apple Watches to tech-savvy consumers in these regions. As of September 30, 2024, the company had a workforce comprising 7 permanent employees and 84 contractual employees.

    Lead Manager(s)
    Interactive Financial Services Ltd 
    Strength

    Exclusive Distribution Rights – HP Telecom holds exclusive distribution rights for Apple products in key regions, including Madhya Pradesh, Chhattisgarh, and parts of Uttar Pradesh and Gujarat, ensuring a strong market presence and steady revenue stream.

    Strong Brand Reputation – With over a decade of experience in the industry, the company has built a trusted reputation, partnering with premium brands like Apple, Jio, and Nothing, enhancing its credibility and customer loyalty.

    Experienced and Visionary Leadership – Guided by a skilled leadership team, HP Telecom has strategically expanded its product portfolio and market reach, driving consistent growth and adaptability.

    Weakness

    Dependence on OEMs – The company relies on global technology brands for product supply. Any delays or disruptions in supply chains could impact business operations, profitability, and reputation.

    Brand Performance & Product Innovation – The company’s success depends on telecom brands maintaining strong market presence, product quality, and regular innovation. Any decline in brand value or product launches may affect demand.

    Legal Proceedings – Ongoing legal cases involving the company, its directors, or promoters pose potential financial and reputational risks. Any adverse rulings could materially impact business operations.

    Registrar
    Bigshare Services Pvt Ltd
    Phone+91-22-6263 8200
    Emailipo@bigshareonline.com
    Website: https://ipo.bigshareonline.com/IPO_Status.html