February 21, 2025
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What was the last grey market premium of HP Telecom IPO?
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Subscription status of HP Telecom IPO
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HP Telecom India IPO Price Rs. 108 Lot 1200 shares, Rs. 34.23 Crore |
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| QIB | NII x | RII x | Total x | Applications |
| 0.81 | 0.62 | 0.72 | 839 | |
| Amount wise bids recd. Rs. ? Crore | ||||
| Note: | ||||
What is the business of HP Telecom?
HP Telecom India Limited, originally incorporated as HP Telecom India Private Limited on March 26, 2011, initially focused solely on distributing mobile phones, accessories, and related products. Under the mentorship of its promoters, Mr. Vijay Yadav, Mrs. Seema Yadav,and Bharatlal Lalsingh Singh the company secured exclusive distribution rights for brands such as Sony LED TVs and Mobiles and other mobile brands, for the different Regions of Gujarat during the fiscal year 2014-15. Additionally, in the same financial year, the company expanded its product portfolio to include LCD/LED home theatres, indoor/outdoor air conditioners, and other home appliances. Over subsequent years, the promoters continuously diversified into new product lines in Mobile like Nokia, Micro Max, Intex, Gionee, Karbonn Mobiles to broaden their offerings and geographical reach. In the fiscal year 2015-16, the company further expanded its distribution portfolio by obtaining exclusive rights for Jio products in the West Region Trade Partner for Gujarat.
Get more information about the company @ www.hvciipl.com
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HP Telecom IPO Details |
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| IPO opens on | 20 February 2025 |
| IPO closes on | 24 February 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 3169200 Shares / Rs 34.23 Crore |
| * Fresh Issue | 3169200 Shares / Rs 34.23 Crore |
| * Offer for Sale – | – shares / Rs. – crore |
| Market Maker Portion | 159600 Shares |
| Net offer to Public | 3009600 Shares/ Rs 32.50 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 108 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1200 Shares |
| Listing will at | NSE SME |
Shares offered in IPO |
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| Shares | Rs. (Crore) | |
| QIB (0%) | ||
| HNI (50%) | 1504800 | 16.25 |
| RII (50%) | 1504800 | 16.25 |
| Total Shares | 3009600 | 32.50 |
| Retail portion will be oversubscribed by |
1254 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 1200 Shares | Rs.129600 |
| Min HNI Application | 2400 Shares | Rs. 259200 |
Who are the Promoters of HP Telecom?
THE PROMOTERS ARE VIJAY LALSINGH YADAV, SEEMABAHEN VIJAY YADAV AND BHARATLAL LALSINGH SINGH
What are the Objects of HP Telecom IPO?
The Company proposes to utilize the Net Proceeds from the Issue towards
1.Funding the working capital requirements of the Company; and
2. General Corporate Purpose
Tentative timetable |
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| IPO opens on | 20 February 2025 |
| IPO Closes on | 24 February 2025 |
| IPO Allotment on | 25 February 2025 |
| Refund Initiation | 27 February 2025 |
| Credit of Shares | 27 February 2025 |
| Listing on | 28 February 2025 |
| Registered Office of the Company Plot No – 97, 01st Floor, Om Square, Near Ishwar Farm, BRTS Canal Road, Bhatar, Althan, Surat 395017, Gujarat, India |
| Who is the Lead Manager of this IPO? INTERACTIVE FINANCIAL SERVICES LTD |
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Who is the Registrar to IPO? |
HP Telecom IPO GMP grey market premium, review, Subscription, allotment, listing estimate
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HP Telecom IPO Financial & Analytical Ratios |
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| Year | Total Income |
Net Profit |
EPS | RoNW |
| Rs.in Crore | Rs.in Crore | Rs. | % | |
| 2021-22 | 292.55 | 2.13 | 4.27 | 13.78 |
| 2022-23 | 638.47 | 6.35 | 10.90 | 30.97 |
| 2023-24 | 1079.77 | 8.60 | 9.83 | 29.56 |
| Book Value of the Share on 31.03.2024 |
33.29 | |||
| BV of the Share at cap price after IPO |
Rs. | |||
| Offer Price/upper band | Rs. | 108 | ||
Key Performance
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| Price/EPS of 23-24 | 10.98 |
| Price/BV Ratio | ? |
| Debt/Equity Ratio | ? |
How HP Telecom IPO compares with the Peers?
| As per RHP | FV | Total Income | PE |
| (in Cr) | Ratio | ||
| HP Telecom | 10 | 1079.77 | 10.98 |
| Bhatia Telecommu | 1 | 313.48 | 32.36 |
| Jay Jalram | 10 | 249.20 | 155.63 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
HP Telecom IPO Review by Paresh Gordhandas, CA & Research Analyst.
HP Telecom India Limited, originally incorporated as HP Telecom India Private Limited on March 26, 2011, began as a distributor of mobile phones, accessories, and related products. Under the leadership of its promoters—Mr. Vijay Yadav, Mrs. Seema Yadav, and Mr. Bharatlal Lalsingh Singh—the company secured exclusive distribution rights for brands such as Sony LED TVs and Mobiles, as well as other mobile brands, for various regions of Gujarat in the fiscal year 2014-15. In the same year, the company diversified its product range to include LCD/LED home theaters, indoor/outdoor air conditioners, and additional home appliances.
The company faces strong competition from both online players and organized market players. Despite this, HP Telecom has experienced significant growth in both topline and bottomline performance over the last three years. As of March 31, 2024, the company’s current assets include inventory of Rs. 120.34 crore, trade receivables of Rs. 54.02 crore, cash/balance of Rs. 43.48 crore, and other current assets totaling Rs. 52.42 crore. These figures appear unusually high when compared to the business volume, with the company averaging monthly sales of Rs. 88.25 crore during 2023-24.
+ from fundamental angle: So-So
+ from grey market angle: So-So
Quicklinks
HP Telecom IPO GMP today allotment, review?
HP Telecom IPO GMP grey market premium
HP Telecom IPO GMP
