HP Telecom India Ltd. was established on March 26, 2011. The company initially focused solely on distributing mobile phones, accessories, and related products. In FY15, the company secured exclusive distribution rights for brands such as Sony LED TVs, mobiles, and other mobile brands across different regions of Gujarat & it expanded its product portfolio to include LCD/LED home theatres, indoor/outdoor air conditioners, and other home appliances
| Bidding Dates |
|---|
| 20 Feb 2025 - 24 Feb 2025 |
| Subscription |
|---|
| 1.87x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,29,600 | 1 | 1 | 1200 | 3.2 M | ₹108 | 71.64 % | ₹342.3 M | RHP DOC |
HP Telecom IPO SUBSCRIPTION STATUS
24 Feb '25HP Telecom IPO overall subscription rate was 1.87 times the total available shares
HP Telecom IPO retail subscription rate was 1.76 times in the retail segment
HP Telecom IPO non-institutional investor subscription rate was 1.97 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
24 Feb 2025 (Day 3) | 1.76x | 1.97x | - |
21 Feb 2025 (Day 2) | 0.99x | 1.48x | - |
20 Feb 2025 (Day 1) | 0.57x | 0.77x | - |
HP Telecom FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY25 | 52.4 | 5812.3 | 61.6 | 60.5 | 1.7% |
| FY24 | 86.0 | 10589.2 | -256.5 | -261.4 | 1.8% |
| FY23 | 63.5 | 6375.1 | 72.5 | 70.9 | 2.0% |
| FY22 | 21.3 | 2920.4 | -46.3 | -50.0 | 1.7% |
HP Telecom IPO SUBSCRIPTION STATUS DETAILS
HP Telecom had 3.2 M shares on offer
HP Telecom IPO offer price was ₹108
HP Telecom IPO minimum Investment was ₹129600
HP Telecom IPO issue size was ₹ 342.3 M
HP Telecom had a minimum lot size of 1200 Shares per application
HP Telecom NUMBER OF SHARES ON OFFER
HP Telecom IPO IMPORTANT DATES
| Issue Open Date | 20 Feb 2025 |
| Issue close Date | 24 Feb 2025 |
| Allotment Date | 25 Feb 2025 |
| Refund Date | 27 Feb 2025 |
| Demat Account Credit Date | 27 Feb 2025 |
| Listing Date | 28 Feb 2025 |
| Listing on Exchange(s) | NSE |
| HP Telecom Allotment Status | Exchange |
HP Telecom IPO subscription opened on 20 Feb 2025, and closed on 24 Feb 2025
IPO allotment for HP Telecom was finalized on Tuesday, 25 Feb 2025
IPO listing for HP Telecom was on NSE on Friday, 28 Feb 2025
HP Telecom IPO LISTING GAINS
| Issue Price (adjusted) | 108.0 |
| Listing Open Price | 115.0 |
| Listing Close Price | 115.0 |
| Listing Gain% | 6.5% |
| Current Gain% | 186.1% |
HP Telecom Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HP Telecom India Ltd. | 309 | 368.2 | 14.4 | 0.1 | 0.2 | 25.2 | 7.2 | 2398.7 | 50.1 | 25.5 | 102.6 | 21.4 | 102.6 |
| Vedant Fashions Ltd. | 524.9 | 12753.9 | 33.1 | -13.3 | 8.8 | 19.1 | 13.2 | 1529 | 3.9 | 375.5 | -3.3 | 15.9 | -2.5 |
| Aditya Birla Lifestyle Brands Ltd. | 91.6 | 11173.9 | 63.5 | 0.3 | 1.3 | 12.1 | 2 | 8480.9 | 7.2 | 171 | 187 | 1.4 | 189.8 |
| Aditya Vision Ltd. | 624.3 | 8062.1 | 58 | 2 | 2.8 | 17 | 7.9 | 2681.5 | 18.3 | 116.9 | 10.8 | 10.8 | 29.2 |
| Ethos Ltd. | 2833.1 | 7580.7 | 73 | 5.9 | 4.4 | 6.4 | 4.3 | 1658.4 | 30 | 94.8 | -1.6 | 38.8 | 12.3 |
| Electronics Mart India Ltd. | 180.8 | 6955.1 | 33.7 | 0.4 | 0.9 | 6.6 | 2.8 | 7191.4 | 3.1 | 107.1 | -33.1 | 5.4 | 88.8 |
HP Telecom INFORMATION ON IPO ISSUE
About HP Telecom
HP Telecom India Ltd. was established on March 26, 2011. The company initially focused solely on distributing mobile phones, accessories, and related products. In FY15, the company secured exclusive distribution rights for brands such as Sony LED TVs, mobiles, and other mobile brands across different regions of Gujarat & it expanded its product portfolio to include LCD/LED home theatres, indoor/outdoor air conditioners, and other home appliances
Object of the Issue
- Funding working capital requirements of the company
- General corporate purposes
HP Telecom - PROMOTERS
| Name |
|---|
| Vijay Lalsingh Yadav |
| Seemabahen Vijay Yadav |
| Bharatlal Lalsingh Singh |
HP Telecom Lead Manager of the Issue
Interactive Financial Services Limited
mbd@ifinservices.in
HP Telecom Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
HP Telecom Strengths
Exclusive distribution rights
The company holds exclusive distribution rights for Apple products in Chhattisgarh, Madhya Pradesh, select cities in Uttar Pradesh, and major cities in Gujarat. This provides a competitive advantage by limiting competitor access and establishing a strong market presence
Brand reputation
Association with the Apple brand enhances the distributor's credibility, attracting customers seeking premium products. A strong brand reputation leads to customer loyalty, positive referrals, and a competitive edge, driving sustained growth and profitability while fostering lasting relationships with both new and existing customers
Robust network
Building strong supplier relationships ensures a steady supply of raw materials and services, promoting efficient communication, collaboration, and timely delivery. This network enhances flexibility, mitigates risks, and helps capitalize on emerging opportunities, leading to cost optimization and improved operations
HP Telecom Risks
Dependent on manufacturers
The company relies on original equipment manufacturers for telecommunication products. Any delays or failures by these global technology brands in supplying products could significantly impact business, profitability, and reputation
Reputation & goodwill
The reputation and goodwill tied to the brand are crucial for business success. Failure to maintain or improve the brand's popularity with customers and partners could negatively impact business prospects and financial performance
Credit risks
The company extends credit to customers for a large portion of sales. Any negative trends in their businesses could lead to significant credit losses, affecting cash flow and liquidity
IPO FAQs
The promoters of the company are Vijay Lalsingh Yadav, Seemabahen Vijay Yadav and Bharatlal Lalsingh Singh.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 108.0 - 108.0.
The IPO application opens on Feb 20, 2025 and closes on Feb 24, 2025.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 129,600.0, the maximum value for this IPO is Rs 129,600.0.
This IPO will be allotted on Feb 25, 2025.
The refund will be credited to your account on Feb 27, 2025.
The allotted shares will be credited to your demat on Feb 27, 2025.
HP Telecom India Ltd.’s shares listed on the stock exchanges on Feb 28, 2025.