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Open
20 Feb 2025
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Close
24 Feb 2025
3
Allotment
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Listing
Fri, Feb 28, 2025
Price Band
₹108 per share
Issue Size
31,69,200 shares (agg. up to ₹34 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Feb 28, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.91x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 258.97 | 281.48 | 93.55 | 46.06 |
| Total Income | 594.19 | 1,079.77 | 638.47 | 292.55 |
| Profit After Tax | 5.24 | 8.60 | 6.35 | 2.13 |
| NET Worth | 34.35 | 29.11 | 20.51 | 15.46 |
| Reserves and Surplus | 25.61 | 20.37 | 14.68 | 9.63 |
| Total Borrowing | 105.14 | 100.15 | 59.29 | 24.50 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Khyati Global Ventures Ltd. | SME | ₹18.30 Cr | ₹99 | 23.19 | ₹99.75 | +0.76% | ₹46.00 (-4.17%) |
| Phoenix Overseas Ltd. | SME | ₹36.03 Cr | ₹64 | 17.18 | ₹60.80 | -5.00% | ₹15.95 (-1.24%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 30.00 |
| 2 | General Corporate Purposes | 3.50 |
| 3 | Issue Expenses | 0.73 |
| Total | 34.23 |
About HP Telecom IPO
Founded in March 2011, HP Telecom India Limited initially concentrated on distributing mobile phones and accessories. The company secured exclusive distribution rights for Sony LED TVs, Mobiles, and other brands in Gujarat during the fiscal year 2014-15. It also expanded its product portfolio to include LCD/LED home theatres, air conditioners, and other appliances. Currently, HP Telecom is the exclusive distributor of Apple products in Madhya Pradesh, Chhattisgarh, select cities in Uttar Pradesh, and major urban centres in Gujarat. The company offer a range of Apple devices, including the iPhone, iPad, Mac, and Apple Watch, catering to tech-savvy consumers in these regions As of September 30, 2024, the company had 7 permanent employees and 84 employees on a contractual basis. Competitive Strength: Exclusive Distribution Rights Strong Brand Reputation Experienced and Visionary Leadership Robust network and relationships with suppliers Financial Stability and Resources. + Read More
Contact Details
HP Telecom India Ltd. AddressPlot No 97, 01st Floor, Om SquareNear Ishwar Farm, BRTSCanal Road, Bhatar, AlthanSurat, Gujarat, 395017+91 9825309977compliancehptl@gmail.comVisit Website