HP Telecom India Limited
Fixed Price IPO · NSE
- Price band
- ₹108 - ₹108
- Lot size
- 1,200 shares
- Issue amount
- ₹34.23 cr
- Total subscription
- 1.96×
- Opens
- 20 Feb 2025
- Closes
- 24 Feb 2025
- Allotment
- 25 Feb 2025
- Listing
- 28 Feb 2025
Offer at a glance
Issue overview
- Issue size
- 31,69,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,29,600
- Fresh issue
- ₹34.23 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,29,600
- Issue type
- Fixed Price IPO
- Shares before issue
- 87,45,510
- Shares after issue
- 1,19,14,710
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,59,200 |
| HNI | 3 | 3,600 | ₹3,88,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 0 |
| NIB | — | 176 |
| RETAIL | — | 2,325 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 16.25 | 30.13 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 11.98 | 13.48 | 7.26 |
| ROE | 15.25 | 29.56 | 30.97 |
| ROCE | 28.99 | 66.62 | 62.41 |
| RONW | 15.25 | 29.56 | 30.97 |
| PRE IPO(PE) | 0 | 10.98 | 0 |
| POST IPO(PE) | 12.28 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
HP Telecom India Limited, founded in March 2011, began as a distributor of mobile phones and accessories and later expanded by securing exclusive rights for Sony LED TVs, mobiles, and other electronics in Gujarat during FY 2014–15. Over time, it diversified into LCD/LED home theatres, air conditioners, and various appliances, eventually becoming the exclusive distributor of Apple products—including iPhones, iPads, Macs, and Apple Watches—across Madhya Pradesh, Chhattisgarh, select cities in Uttar Pradesh, and major urban centres in Gujarat. As of September 30, 2024, the company employed 7 permanent and 84 contractual staff members.
Strengths
- Exclusive Distribution Rights – Being the sole distributor for certain products gives the company a competitive edge, ensuring market control and customer loyalty while limiting competition.
- Strong Brand Reputation – A well-established and trusted name attracts customers, encourages word-of-mouth referrals, and builds long-term brand loyalty.
- Experienced & Visionary Leadership – A forward-thinking leadership team helps navigate market changes, seize growth opportunities, and foster a positive company culture.
- Robust Supplier Network – Strong relationships with suppliers ensure better pricing, consistent product availability, and access to exclusive items, providing a competitive advantage.
- Financial Strength & Stability – Solid financial resources allow for business expansion, innovation, and resilience during economic downturns while enabling competitive pricing and customer-friendly terms.
Risk factors
- Reliance on OEMs – HP Telecom depends on global tech brands for its product supply. Any delays or disruptions in the supply chain could affect its operations, profits, and reputation.
- Brand Performance & Innovation – The company's growth is tied to the success of telecom brands, their market presence, product quality, and innovation. A decline in brand value or fewer product launches could impact demand.
- Legal Matters – Ongoing legal cases involving the company, its directors, or promoters could pose financial and reputational risks. Any unfavorable rulings might significantly impact business operations.
Promoters
Vijay Lalsingh Yadav
Seemabahen Vijay Yadav
Bharatlal Lalsingh Singh
Registrar & documents
Lead manager
Interactive Financial Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No – 97, 01st Floor, Om Square Near Ishwar Farm, BRTS Canal Road, Bhatar, Althan-395017
+91 9825309977
[email protected]Company website ↗Understanding HPTL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.