HP Telecom India IPO Review: Apply or Avoid?
Posted by : sachet | Wed Feb 19 2025
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HP Telecom India IPO is open for bidding on 20th February 2025. It is a fixed-price issue consisting of a fresh issue of 31,69,200 shares worth Rs 34.23 crore. The issue will be listed on NSE and SME on its tentative listing date, 28th February 2025.
HP Telecom India IPO
HP Telecom India IPO date is fixed between 20th February 2025 and 24th February 2025. The face value of HP Telecom India Limited shares stands at Rs 10 per share, and the IPO price is fixed at Rs 108 per share.
Bigshare Services Private Limited is the registrar of HP Telecom India IPO, responsible for managing the allotment process and refund initiation in the IPO. Download HP Telecom India IPO RHP to check out the further IPO details in the table below.
HP Telecom India IPO Details
IPO Open Date | 20th February 2025 |
IPO Close Date | 24th February 2025 |
IPO Allotment Date | 25th February 2025 |
Refund Initiation | 27th February 2025 |
Issue Size | 31,69,200 shares (worth Rs 34.23 crore) |
Face Value | Rs 10 per share |
Lot Size | 1,200 shares |
Fixed Price | Rs 108 per share |
Market Makers Portion | 1,59,600 shares |
Issue Type | Fixed Price Issue |
Listing At | NSE & SME |
Listing Date | 28th February 2025 |
HP Telecom India IPO GMP and Key Details
HP Telecom India IPO is a fixed price issue of 31,69,200 shares worth Rs 34.23 crore. HP Telecom India Limited shares will be listed on NSE and SME. Furthermore, the SEBI has specified the share reservation criteria for different investors’ categories.
Investor Categories | Reservation Required |
QIB | <50% of total issue |
Retail Investors | >35% of total issue |
NII (sNII+bNII) | >15% of total issue |
Total | 100% |
Note: QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors).
HP Telecom India IPO GMP Grey Market Premium
GMP is the difference between the fixed price of the issue and the price at which company shares are trading in the grey market. Want to get live updates on HP Telecom India IPO GMP? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gains |
19-02-2025 | Rs 0 | Rs 108 | 0.00% |
18-02-2025 | Rs 0 | Rs 108 | 0.00% |
17-02-2025 | Rs 0 | Rs 108 | 0.00% |
16-02-2025 | Rs 0 | Rs 108 | 0.00% |
15-02-2025 | Rs 0 | Rs 108 | 0.00% |
14-02-2025 | Rs 0 | Rs 108 | 0.00% |
13-02-2025 | Rs 0 | Rs 108 | 0.00% |
*Data is updated as of 19th February 2025.
As of now, on 19th February 2025, HP Telecom India IPO GMP stands at Rs 0 per share, which means the share will likely be listed at Rs 108 (108+0) on its tentative listing date, 28th February 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for HP Telecom India IPO. Stay informed with Univest articles to know about real-time insights on IPOs and their GMP trends.
HP Telecom India IPO Review
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Check out the detailed review of HP Telecom India IPO for a thorough understanding of its potential to report listing gains on 28th February 2025. The HP Telecom India IPO review provided below will also help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess the financial performance of a company to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business financials before applying for any IPO.
During FY23-24, the revenue of HP Telecom India Limited stood at Rs 638.47 crore, which increased by 69.11% to Rs 1,097.77 crore. On the other hand, the PAT of the company was raised by 60.74% from Rs 5.35 crore to Rs 8.60 crore.
HP Telecom India Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for HP Telecom India IPO for its tentative listing day, which is 28th February 2025.
Technical Analysis
A number of technical indicators are available to assess the potential of a company to deliver returns. To analyse the technicals of HP Telecom India IPO, use the parameters mentioned below.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 10.98 |
PB Ratio (Price-to-Book) | 3.24 |
EPS (Earnings Per Share) | 9.84 |
RoNW | 29.56% |
ROE (Return on Equity) | 29.56% |
ROCE | 66.62% |
PAT Margin (Profit After Tax) | 0.81 |
Market Capitalisation | Rs 128.68 crore |
*Data is updated as of 19th February 2025.
The PE ratio of HP Telecom India Limited shares is 10.98, and its Earnings Per Share stands at 9.84. The HP Telecom India IPO can potentially deliver gains on its tentative listing date, 28th February 2025.
HP Telecom India Limited Peer Comparison
Company Name | Revenue (in cr.) | PE Ratio | Face Value (in Rs) | EPS (in Rs) | RoNW (in %) | Dividend Yield | NAV (in Rs) |
HP Telecom India Limited | 1,079.77 | 10.98 | 10 | 9.84 | 29.56% | NA | 33.29 |
Bhatia Communications & Retail (India) Limited | 94.32 | 20.76 | 1 | 1.11 | 19.11 | 0.04% | 5.28 |
Jay Jalram Technologies Limited | 543.00 | 78.60 | 10 | 3.65 | – | 0.00% | 25.59 |
*Data is updated as of 19th February 2025.
Note: The data as mentioned above is taken from authentic sources and highlights pre-issue information. PE ratio and EPS of HP Telecom India Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
Indicators | Pre-IPO | Post-IPO |
PE Ratio | 9.84 | 12.28 |
EPS | 9.84 | 8.79 |
*Data is updated as of 19th February 2025.
HP Telecom India IPO Subscription Status
HP Telecom India IPO is now open for bidding on 20th February 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live HP Telecom India IPO Subscription Status.
Investor Category | Shares Offered | Shares Subscribed | Subscription in Times |
Retail Investors | Yet to be announced | Yet to be announced | Yet to be announced |
QIB | Yet to be announced | Yet to be announced | Yet to be announced |
NII (sNII+bNII) | Yet to be announced | Yet to be announced | Yet to be announced |
Market Maker | 1,59,600 | Yet to be announced | Yet to be announced |
Total | Yet to be announced | Yet to be announced | Yet to be announced |
*Data is updated as of 19th February 2025.
About HP Telecom India Limited
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HP Telecom India Limited was incorporated in March 2011 to distribute mobile phones and accessories. The company has also secured exclusive rights for the distribution of Sony LED TVs, mobiles, and other brands in Gujarat. HP Telecom Limited distributes Apple’s products in Chhattisgarh, Madhya Pradesh, Uttar Pradesh, etc. It has 7 permanent employees and 84 employees on contract.
HP Telecom India Limited Financials
Before applying for HP Telecom India IPO, the company’s financial analysis is important. Look at the table to learn about HP Telecom India Limited’s financials.
Year Ended | 30th September 2024 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr.) |
Assets | 258.97 | 93.55 | 46.06 | 46.06 |
Revenue | 594.19 | 1,079.77 | 638.47 | 292.55 |
Profit After Tax | 5.24 | 8.60 | 6.35 | 2.13 |
Reserves and Surplus | 25.61 | 20.37 | 14.68 | 9.63 |
Debt | 105.14 | 100.15 | 59.29 | 24.50 |
Net Worth | 34.35 | 29.11 | 20.51 | 15.46 |
*Data is updated as of 19th February 2025.
Explanation
HP Telecom India Limited has shown a growth of 69.11% in its revenue, estimated at Rs 638.47 crore in March 2023 and Rs 1,079.77 crore in March 2024. Moreover, the PAT of the company was raised by 60.74% from Rs 5.35 crore to Rs 8.60 crore.
HP Telecom India IPO Bidding Requirements
HP Telecom India IPO has reserved lot sizes to apply in the case of different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.
Investor Category | Lots | Shares | Amount (in Rs) |
Retail (Minimum) | 1 | 1,200 shares | Rs 1,29,600 |
Retail (Maximum) | 1 | 1,200 shares | Rs 1,29,600 |
HNIs (Minimum) | 2 | 2,400 shares | Rs 2,59,200 |
Aim of HP Telecom India IPO
The primary aim of HP Telecom India IPO is to raise Rs 34.23 crores. On the other hand, HP Telecom India Limited has decided to use these funds in different manners. Explore some of the secondary objectives behind the HP Telecom India IPO.
- To meet working capital requirements.
- To meet general corporate purposes.
Should I Invest in HP Telecom India IPO?
“HP Telecom India Limited is engaged in the distribution of mobile phones and their accessories. It has exclusive distribution rights for the products of Apple, Nothing, and other brands. Well-informed investors can apply for HP Telecom India IPO.” ~ Dilip Davda (Chief Editor at Chittorgarh).
Explore the pros and cons of HP Telecom India IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades.
Pros of HP Telecom India IPO
- Significant increase in revenue.
- Exclusive distribution rights.
- Strong financials of the company.
- Brand reputation.
Cons of HP Telecom India IPO
- Increase in debt level.
- Low promoter’s holdings.
- High lot size.
How to Apply for HP Telecom India IPO?
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Check the steps mentioned below to apply for HP Telecom India IPO.
- Step 1: Conduct thorough research on HP Telecom India IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for one lot of 1,200 shares worth Rs 1,29,600 of HP Telecom India IPO.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for HP Telecom India IPO from more than one demat account to increase your allotment chances.
How to Check HP Telecom India IPO Allotment Status?
You can check for HP Telecom India IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the NSE’s official website.
- Select Equity as the issue type.
- Choose HP Telecom India IPO.
- Choose whether to proceed with the PAN number or application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your HP Telecom India IPO allotment status.
Let’s Wrap
HP Telecom India IPO is the book-built issue of 31,69,200 shares worth Rs 34.23 crores. The shares of HP Telecom India Limited will be listed on NSE and SME on its tentative listing date of 28th February 2025. Researching HP Telecom India IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have a positive outlook for this IPO and highlighted its pros and cons. The benefits of this IPO include a significant increase in revenue and robust financials. Moreover, this IPO also comes with some consequences, like high lot size and low market capitalisation.
Open a demat account on Univest now to initiate your investment journey. Explore the Univest terms and conditions by clicking on the link.
FAQs on HP Telecom India IPO
How is HP Telecom India IPO?
Ans. Currently, on 20th February 2025, HP Telecom India IPO GMP (Grey Market Premium) stands at Rs 0 (0.00 % up). It indicates that the estimated listing price could be Rs 108 per share. It is entirely a fresh issue of 31,69,200 shares worth Rs 34.23 crore. The IPO price is fixed at Rs 108 per share, and the face value of each share is Rs 10.
What is HP Telecom India IPO price?
Ans. HP Telecom India IPO price has been set between Rs 108 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 1,200 shares worth Rs 1,29,600. Moreover, HNIs are required to bid for a minimum of 2 lots (2,400 shares) worth Rs 2,59,200.
Is HP Telecom India IPO good?
Ans. During FY23-24, the revenue of HP Telecom India Limited stood at Rs 638.47 crore, which increased by 69.11% to Rs 1,097.77 crore. On the other hand, the PAT of the company was raised by 60.74% from Rs 5.35 crore to Rs 8.60 crore. HP Telecom India IPO has gained a positive rating from industry experts, brokers and institutional investors.
Who is the registrar of the HP Telecom India IPO?
Ans. Bigshare Services Private Limited is the registrar of HP Telecom India IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any query regarding HP Telecom India IPO allotment and refund, you can contact Bigshare Services Private Limited at investor@bigshareonline.com or +91-22-6263 8200.
What is the issue size of the HP Telecom India IPO?
Ans. HP Telecom India IPO is the fixed price issue for 31,69,200 shares worth Rs 34.23 crore. It is entirely a fresh issue of 31,69,200 shares. Moreover, the IPO is set to open on 20th February 2025 and will be closed on 24th February 2025.
Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about the HP Telecom India IPO, download the HP Telecom India IPO RHP and HP Telecom India IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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