Issue Price
₹108
Per Share
GMP
NIL
Grey Market
Est. Listing
₹108
Expected Price
Min. Application
₹259,200
2 lots × 1200 shares
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 regionsAs of September 30, 2024, the company had 7 permanent employees and 84 employees on a contractual basis.Competitive Strength:Exclusive Distribution RightsStrong Brand ReputationExperienced and Visionary LeadershipRobust network and relationships with suppliersFinancial Stability and Resources.
HP Telecom India Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 159,600 | — | ₹1.72 Cr | — |
| TOTAL | 3,169,200 | 100.00% | ₹34.23 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹129,600 |
| Retail (Max) | 13 | 15,600 | ₹1,684,800 |
| sNII (Min) | 14 | 16,800 | ₹1,814,400 |
| bNII (Min) | 68 | 81,600 | ₹8,812,800 |
| Particulars | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 594.19 | 1079.77 | 638.47 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 5.24 | 8.60 | 6.35 |
| Net Worth | 34.35 | 29.11 | 20.51 |
| Total Assets | 258.97 | 281.48 | 93.55 |
| Reserves & Surplus | 25.61 | 20.37 | 14.68 |
| Total Borrowings | 105.14 | 100.15 | 59.29 |