IPO Details
Bidding Dates
20 Feb 25 - 24 Feb 25
Price Range ₹
108 - 0
Total Equity
₹ 34.23Cr
Lot Size
1200
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
20 Feb 2025
Offer end
24 Feb 2025
Allotment
25 Feb 2025
Refund initiation
27 Feb 2025
Demat transfer
27 Feb 2025
Listing
28 Feb 2025
Offer start
20 Feb 2025
Offer end
24 Feb 2025
Allotment
25 Feb 2025
Refund initiation
27 Feb 2025
Demat transfer
27 Feb 2025
Listing
28 Feb 2025
About Company
Founded in March 2011, HP Telecom India Limited started as a distributor of mobile phones and accessories. Over the years, it expanded its portfolio to include Sony LED TVs, home appliances, and other electronics. Currently, the company holds exclusive distribution rights for Apple products in Madhya Pradesh, Chhattisgarh, select cities in Uttar Pradesh, and major urban centers in Gujarat. With a strong brand reputation, experienced leadership, and a robust supplier network, HP Telecom continues to cater to tech-savvy consumers while maintaining financial stability. As of September 30, 2024, the company employs 7 permanent and 84 contractual staff.
Year Founded
26-03-2011
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 99.99 | 73.4 |
| Share Capital | 8745480 | 8745480 |
Offer to Public
31,69,200.00 Cr
Project Details
- Funding the Working Capital requirement - 300cr
- General corporate purposes - 35cr
Objectives
- Funding the Working Capital requirement.General corporate purposes.
Highlights
- Holds exclusive distribution rights for Apple in key Indian regions, contributing to 80% of revenue.
- Distributes leading brands like Jio and Nothing, ensuring a strong market presence.
- Expanded operations into Karnataka for trading Apple accessories, increasing market reach.
- Well-established distribution channels across multiple Indian states for efficient product delivery.
- Successfully diversified into healthcare products during the COVID-19 pandemic, showcasing agility and resilience.
Challenges
- Heavy reliance on Apple products for the majority of revenue, making the business vulnerable to brand-specific risks.
- Faces strong competition in the rapidly evolving tech market, impacting pricing and market share.
- Changes in government policies and regulations related to electronics distribution could affect operations.
- Entering new markets like Karnataka brings uncertainties, including operational challenges and demand fluctuations.
- Potential disruptions from global supply chain issues could impact product availability and business continuity.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2022 | 4,605.08 | 583.03 | 635.23 | 635.23 | 7.2635 |
| 2021 | 3,979.28 | 499.00 | 151.76 | 151.76 | 2.0275 |
| 2023 | 9,353.82 | 583.03 | 213.12 | 213.12 | 2.4369 |
| 2024 | 28,145.29 | 874.55 | 860.49 | 860.49 | 9.8392 |
