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HP Telecom India IPO
Price Band
₹
Issue Size
₹34.23 Cr
Lot Size
1,200 shares
Min Investment
₹129,600
GMP
—
Issue Price
₹108.0
HP Telecom India IPO AI Summary
- HP Telecom India IPO is listed on NSE SME.
- Subscription window: 20 Feb–24 Feb 2025, listing on 28 Feb 2025.
HP Telecom India Limited is an SME IPO focused on distributing Apple products and other electronics. The company has shown significant revenue growth over the past few years, although recent figures indicate a decline in total income for the latest 9-month period. Investors should consider the company's strengths and market position when evaluating this IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
HP Telecom India IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 24 Feb 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
HP Telecom India IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
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.
Company Financials (₹ Cr)
As of 2024-09-30
| 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 |
Key Ratios
EPS
₹9.84
NAV
₹33.29
ROE
29.56%
ROCE
66.62%
RoNW
29.56%
P/B Value
3.24
P/E Ratio
10.98
Market Cap
₹128.68 Cr
PAT Margin
0.81%
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Jay Jalaram Technologies Limited | 25.59 | 17.07% | 69.11 | 4.37 | 4.37 |
| Bhatia Communications & Retail (india) Ltd | 5.28 | 17.44% | 27.97 | 0.92 | 0.92 |
| HP Telecom India Limited This IPO | 33.29 | 29.56% | 8.01 | 13.48 | 13.48 |
Promoters
Vijay Lalsingh Yadav, Seemabahen Vijay Yadav and Bharatlal Lalsingh Singh
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # 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
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total Income was ₹292.55 Cr in the year ended 31 Mar 2022, rising to ₹638.47 Cr by 31 Mar 2023, before increasing further to ₹1,079.77 Cr in the year ended 31 Mar 2024. However, Total Income decreased to ₹594.19 Cr as of 30 Sep 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹2.13 Cr in the year ended 31 Mar 2022, increasing to ₹6.35 Cr by 31 Mar 2023, and further to ₹8.60 Cr in the year ended 31 Mar 2024. As of 30 Sep 2024, Profit After Tax stood at ₹5.24 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Priced at roughly 10.98 trailing earnings, versus peers trading at a P/E range of 27.97-69.11.
Grey Market Premium, Explained
The Grey Market Premium (GMP) refers to the unofficial price at which an IPO is traded before its actual listing on the stock exchange. It indicates the expected demand and market sentiment for the IPO, helping investors gauge potential listing gains.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors who prefer stable, established companies with consistent earnings may want to avoid this IPO, as it operates in a competitive and rapidly changing technology sector.
IPO Timeline, Explained
The IPO opens for subscription on 20 February 2025 and closes on 24 February 2025. Allotment of shares will be done on 25 February 2025, with the listing expected on 28 February 2025.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs may experience a surge in price on their first day, others may not perform as well. Factors influencing this include market conditions, investor sentiment, and the company's fundamentals.
This evaluation is generated from HP Telecom India's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
When does HP Telecom India IPO open and close?
HP Telecom India IPO opens on 20 February 2025 and closes on 24 February 2025.
When does HP Telecom India IPO list on the stock exchange?
HP Telecom India IPO listed on 28 February 2025 at ₹108.0.
What is the lot size for HP Telecom India IPO?
The lot size for HP Telecom India IPO is 1200 shares, requiring a minimum investment of ₹129,600.
What is the lot size for this IPO?
The lot size for HP Telecom India Limited's IPO is 1200 shares.
What is the minimum investment required?
The minimum investment required is ₹129,600.
What is the issue price of the IPO?
The issue price of the IPO is ₹108.0 per share.
When is the listing date for this IPO?
The listing date for HP Telecom India Limited is 28 February 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected demand for an IPO before it officially lists on the stock exchange.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
20 Feb 2025
Close
24 Feb 2025
Allotment
25 Feb 2025
Listing
28 Feb 2025
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