HP Telecom India IPO: Key Highlights and Investment Insights


HP Telecom India Limited is set to make its stock market debut with an Initial Public Offering (IPO) scheduled to open on February 20, 2025. The company is looking to raise ₹34.23 crore through a fixed-price issue, offering shares at ₹108 each. The subscription period will close on February 24, 2025, with shares expected to list on the NSE SME platform on February 28, 2025.

About HP Telecom India

Established in 2011, HP Telecom India has evolved into a key distributor of premium technology products, specializing in Apple devices such as iPhones, iPads, Macs, and Apple Watches. The company operates in Madhya Pradesh, Chhattisgarh, select areas of Uttar Pradesh, and key urban centers in Gujarat, serving the growing demand for high-end consumer electronics.

Objectives of the IPO

The proceeds from the IPO will be allocated towards:

  1. Expanding Working Capital – To support inventory management and operational growth.
  2. General Corporate Purposes – Covering strategic business initiatives and other financial requirements.

Financial Performance

HP Telecom India has experienced significant revenue growth over the past three years:

  • FY 2021-22: Revenue of ₹292.55 crore, net profit of ₹2.13 crore.
  • FY 2022-23: Revenue rose to ₹638.47 crore, net profit of ₹6.35 crore.
  • FY 2023-24: Revenue reached ₹1,079.77 crore, net profit of ₹8.60 crore.

IPO Details

  • Issue Size: 31,69,200 equity shares, totaling ₹34.23 crore.
  • Offer Price: ₹108 per share.
  • Minimum Investment: Investors must apply for 1,200 shares, requiring an investment of ₹1,29,600.
  • Investor Allocation: 50% for Non-Institutional Investors (NIIs), 50% for Retail Individual Investors (RIIs).
  • Listing Platform: NSE SME.

Important Dates

  • Opening Date: February 20, 2025
  • Closing Date: February 24, 2025
  • Allotment Finalization: February 25, 2025
  • Refunds Initiation: February 27, 2025
  • Demat Account Credit: February 27, 2025
  • Listing Date: February 28, 2025

Company Promoters

The IPO is led by the company’s key promoters:

  • Vijay Lalsingh Yadav
  • Seemabahen Vijay Yadav
  • Bharatlal Lalsingh Singh

Conclusion

HP Telecom India’s strong financial growth, strategic partnerships, and exclusive distribution of Apple products make this IPO an attractive opportunity for investors in the SME segment. Prospective investors should review the company's financials and market position before making an investment decision.

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