HP TELECOM INDIA LIMITED

20 Feb 2025 - 24 Feb 2025 Individual Category SME NSE

Min Investment

₹129600

Price Band

₹108

Issue Size

31.69 lakhs
Equity Shares

Lot Size

1200

IPO Dates
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20 Feb 2025

Open Date

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24 Feb 2025

Close Date

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25 Feb 2025

Allotment Date

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28 Feb 2025

Listing Date

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.

Know Before Investing

Strengths icon

  • Exclusive Apple distributor in multiple states and cities.
  • Diversified product portfolio across multiple electronics segments.
  • Strong distribution network built over 13 years.

Weaknesses icon

  • Extremely small permanent workforce of only 7 employees.
  • High dependence on contractual workforce of 84 employees.
  • Geographic concentration in limited regions of India.

About Hp Telecom India Limited

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.

Founded

2011

Managing Director

Vijay Lalsingh Yadav

Parent Organization

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.

Company Promoters

Vijay Lalsingh Yadav

Seemabahen Vijay Yadav

Bharatlal Lalsingh Singh

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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