HP Telecom India Limited IPO is opening for subscription on 20 February 2025 and will run until 24 February 2025. This SME IPO is raising ₹34.23 crore from a fresh issue of 31.69 lakh equity shares.
The HP Telecom India IPO allotment date will be finalized on Tuesday, 25 February 2025. HP Telecom India shares will probably be listed on NSE SME on Friday, 28 February 2025.
As HP Telecom India IPO is a fixed price issue, the price has been set at ₹ 108 per share. The minimum number of shares or the lot size is 1200 indicating the minimum investment requirement for retail investors as ₹129600. The minimum lot size and investment amount for the HNIs is 2 lots which amounts to a minimum investment of ₹259200.
Here Are the Quick Steps to Apply for the HP Telecom India SME IPO with the Best IPO App!
HP Telecom India NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | February 20, 2025 |
| IPO Closing Date | February 24, 2025 |
| Tentative IPO Listing Date | February 28, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹108 per share |
| Lot Size | 1200 shares |
| Total Issue Size | 3169200 Shares (₹34.23 Cr) |
| Fresh Issue | 3169200 Shares (₹34.23 Cr) |
| IPO Segment | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 8745510 shares |
| Share Holding Post-Issue | 11914710 shares |
HP Telecom India Limited | Company Overview
HP Telecom India Limited was started back in the year 2011 when it focussed on the distribution of mobile phones and related accessories. As it expanded, it secured the exclusive distribution rights for Mobiles, LED TVs of Sony, and also of other brands for the Gujrat location.
Then it also expanded its product portfolio and now it includes home theatres, air conditioners, and other electrical appliances as well. It has also secured exclusive distribution rights for Apple products in Chhattisgarh, Madhya Pradesh, and certain cities in Uttar Pradesh as well, apart from major cities of Gujrat. The products of Apple that this company sells include MacBook, Apple Watch, iPhone, and iPad.
Want to subscribe to HP Telecom India Ltd. IPO with Best Investment App? Open a Demat Account Today!
HP Telecom India Limited IPO | Key Details
- HP Telecom India IPO Opening Date: February 20, 2025,
- HP Telecom India IPO Closing Date: February 24, 2025.
- Allotment Date: February 25, 2025
- Price Band: ₹ 108 per share
- Lot Size: 1200 shares
- Refunds Initiated: February 27, 2025
- Shares Credited to Demat: February 27, 2025
- Listing Date: February 28, 2025
HP Telecom India Ltd: Financial Overview
HP Telecom India Limited’s profits rose by around 35% in FY24 from an increase of 69% rise in revenue.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 281.48 | 93.55 | 187.93 | 200.8872261 |
| Revenue | 1,079.77 | 638.47 | 441.3 | 69.11836108 |
| Profit After Tax | 8.6 | 6.35 | 2.25 | 35.43307087 |
| Net Worth | 29.11 | 20.51 | 8.6 | 41.93076548 |
| Reserve & Surplus | 20.37 | 14.68 | 5.69 | 38.76021798 |
| Total Borrowing | 100.15 | 59.29 | 40.86 | 68.91550008 |
HP Telecom India Ltd IPO | FAQs
HP Telecom India Ltd distributes different electronics products from LED TVs to Apple Watch, MacBook, Sony Mobiles, and other brands as well.
The tentative IPO listing date of HP Telecom India has been fixed as Friday, February 28, 2025.
The bidding date for the HP Telecom India IPO is February 20, 2025, and it will continue until February 24, 2025.
The minimum IPO lot size for HP Telecom India is 1200 shares and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Tuesday, February 25, 2025.
The IPO face value is set at ₹10 per share.
______________________________________________________________________________________
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.