HP Telecom India Limited (NSE SME)
February 20, 2025 – February 24, 2025
| Price | ₹108 - ₹108 |
| Premium | ₹0 |
|---|---|
| Lot size | 1200 |
| Allotment | Feb 25, 2025 |
| Listing | Feb 28, 2025 |
Plot No – 97, 01st Floor, Om Square
Near Ishwar Farm, BRTS
Canal Road, Bhatar, Althan-395017
Phone: +91 9825309977
Email: compliancehptl@gmail.com
Website: https://www.hvciipl.com/
Last updated on 24-Feb-2025 17:00:05
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 1504800 | 3123600 | 2.08 |
| RETAIL | 1504800 | 2790000 | 1.85 |
| Total | 3009600 | 5913600 | 1.96 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| NIB | 176 |
| RETAIL | 2325 |
| Total | 2501 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| NIB | 16.25 | 33.73 | 2.08 |
| RETAIL | 16.25 | 30.13 | 1.85 |
| Total | 32.5 | 63.87 | 1.96 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.3 | @8% ₹0.3 | @9% ₹0.4 | @10% ₹0.4 | @11% ₹0.5 | @12% ₹0.5 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 129600 | 1254 |
| HNI | 2 | 2400 | 259200 | 1254 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 1504800 |
| Other | 47.5% | 1504800 |
| Market Maker | 5.04% | 159600 |
| Total No. of Shares | 100.0% | 3169200 |
HP Telecom India IPO Details
| Issue Size | 31,69,200 shares (aggregating up to ₹34.23 Cr) |
| Fresh Issue | 31,69,200 shares (aggregating up to ₹34.23 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 87,45,510 shares |
| Share Holding Post Issue | 1,19,14,710 shares |
| Market Maker Portion | 1,59,600 shares |
| Market Maker | Aftertrade Broking |
Key Performance Indicator
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 15.25% | 29.56% | 30.97% |
| ROCE | 28.99% | 66.62% | 62.41% |
| RONW | 15.25% | 29.56% | 30.97% |
| EPS | 11.98 | 13.48 | 7.26 |
| P/E Pre IPO | 10.98 | ||
| P/E Post IPO | 12.28 |
Company Financials In Crores
| Period Ended | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 259 | 281 | 94 | 46 |
| Revenue | 594 | 1080 | 638 | 293 |
| Profit After Tax | 5 | 9 | 6 | 2 |
| Net Worth | 34 | 29 | 21 | 15 |
| Reserves and Surplus | 26 | 20 | 15 | 10 |
| Total Borrowing | 105 | 100 | 59 | 25 |
About Company
HP Telecom India Limited, founded in March 2011, initially focused on distributing mobile phones and accessories before securing exclusive distribution rights for Sony LED TVs, mobiles, and other brands in Gujarat during the fiscal year 2014-15. Over time, the company expanded its 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 centers in Gujarat, offering a range of Apple devices such as iPhones, iPads, Macs, and Apple Watches to tech-savvy consumers in these regions. As of September 30, 2024, the company had a workforce comprising 7 permanent employees and 84 contractual employees.
Strength
Exclusive Distribution Rights – HP Telecom holds exclusive distribution rights for Apple products in key regions, including Madhya Pradesh, Chhattisgarh, and parts of Uttar Pradesh and Gujarat, ensuring a strong market presence and steady revenue stream.
Strong Brand Reputation – With over a decade of experience in the industry, the company has built a trusted reputation, partnering with premium brands like Apple, Jio, and Nothing, enhancing its credibility and customer loyalty.
Experienced and Visionary Leadership – Guided by a skilled leadership team, HP Telecom has strategically expanded its product portfolio and market reach, driving consistent growth and adaptability.
Weakness
Dependence on OEMs – The company relies on global technology brands for product supply. Any delays or disruptions in supply chains could impact business operations, profitability, and reputation.
Brand Performance & Product Innovation – The company’s success depends on telecom brands maintaining strong market presence, product quality, and regular innovation. Any decline in brand value or product launches may affect demand.
Legal Proceedings – Ongoing legal cases involving the company, its directors, or promoters pose potential financial and reputational risks. Any adverse rulings could materially impact business operations.