HP Telecom IPO GMP Live, Open Date, Close Date, Price Band

HP Telecom IPO open date is February 20, 2025 and closing date is February 24, 2025. This new IPO is a fixed price issue worth up to Rs 34.23 crores. This upcoming IPO is offering entirely a fresh issue of 31.69 lakh equity shares; there are no offers for sale part included in this IPO. 

HP Telecom IPO price band is Rs 108 per share. As of now, HP Telecom IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

HP Telecom IPO lot size is 1200 shares, and the allotment status will be finalised on Tuesday, February 25, 2025, the minimum investment for retail investors is 1 lot, which is Rs 1,29,600. The registrar for HP Telecom IPO is Bigshare Services Private Limited. The listing date is Friday, February 28, 2025.

Also Read | Vikram Solar IPO GMP, Open Date, Price Band, Allotment Status, Listing date

HP Telecom IPO GMP Live

HP Telecom IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 108 per share. You can check the latest IPO Grey Market Premium today online.

If the subscription is oversubscribed, then HP Telecom IPO GMP might rise in the coming days. HP Telecom IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% to 15% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes are below 10% premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the HP Telecom IPO, GMP is expected to quote the initial ticks at a premium of 10% or above.

HP Telecom IPO Price Band

HP Telecom IPO price band is Rs 108 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,29,600 (108 x 1200 shares). However, for the HNI category, the minimum investment amount required is 2,59,200 (108 x 2400 shares).

HP Telecom Allotment Status

HP Telecom IPO Allotment status will be available on its registrar Bigshare Services Private Limited website on Tuesday, February 25, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

HP Telecom Listing Date

HP Telecom IPO listing date has been decided on Friday, February 28, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

HP Telecom IPO: Listing Date, Lot Size, Issue Size, Price Band

HP Telecom India IPO: About the Company

HP Telecom India Limited, incorporated in March 2011, operates as a trading company engaged in wholesale trading. Originally incorporated as HP Telecom India Private Limited on March 26, 2011, the company later converted to a public limited company. The company's corporate identification number (CIN) is U51395GJ2011PLC064616.

The company is based in Gujarat, India, and its registered office is in Surat. HP Telecom India provides mobile phones and accessories. In fiscal year 2014-15, the company obtained exclusive distribution rights for Sony LED TVs, mobile phones, and other brands in Gujarat. In 2024, HP Telecom India had 7 permanent and 84 contract employees.

HP Telecom India is launching an IPO on the NSE SME with the IPO opening on February 20, 2025, and closing on February 24, 2025. The IPO price is set at Rs 108 per share.

HP Telecom IPO Objectives

HP Telecom IPO objectives include utilising the funding received from the fresh issue into funding the working capital requirements of the company and to meet general corporate purposes.

HP Telecom IPO: Key Dates, Allotment, Listing Date

HP Telecom IPO Subscription status, IPO Reservation

HP Telecom IPO subscription reservations are as follows: 50% of the net issue is reserved for retail investors and rest 50% is reserved for other category.

HP Telecom IPO Lot Size Details

HP Telecom IPO lot size is set at 1200 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,29,600 (108 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,59,200 (108 x 2400 shares).

HP Telecom IPO Promoter Holdings

HP Telecom IPO promoters are Vijay Lalsingh Yadav, Seemabahen Vijay Yadav and Bharatlal Lalsingh Singh. The promoter's combined shareholdings before the IPO was 99.99%; however, post-IPO, their shareholdings will decline to 73.40.

HP Telecom India Limited Financials (Amt in Rs Cr)

Lead Manager and Registrar of HP Telecom IPO

HP Telecom's lead manager is Interactive Financial Services Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

How to apply to the HP Telecom IPO

Interested investors who want to apply to the HP Telecom IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

HP Telecom IPO FAQs

1. What are the core details available of the HP Telecom IPO?

HP Telecom IPO is a fixed price issue worth up to Rs 34.23 crores. The price band for this IPO is Rs 108 per share. This upcoming IPO is offering entirely a fresh issue of up to 31.69 lakh equity shares.

2. What is the HP Telecom IPO open date and close date?

HP Telecom IPO subscription opens on February 20, 2025, and closes on February 24, 2025.

3. What is HP Telecom IPO GMP Live?

HP Telecom IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 108 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

HP Telecom IPO Allotment status is available on its registrar, Bigshare Services Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of HP Telecom IPO?

HP Telecom's IPO lead manager is Interactive Financial Services Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?