HP Telecom India Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the HP Telecom India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹108
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,29,600
Issue Size
₹34.23 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
HP Telecom India Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.99%
Promoter Holding (Post-Issue)
73.4%
Issue Type
Fixed Price - SME
ISIN
INE0VA601019
About the Company
HP Telecom India Limited, originally incorporated as HP Telecom India Private Limited on March 26, 2011. Presently, our company operates as the exclusive distributor of Apple products across significant territories, including Madhya Pradesh & Chhattisgarh, select cities in Uttar Pradesh, and major urban centers in Gujarat. We proudly offer Apple's iconic range of devices, comprising the iPhone, iPad, Mac, Apple Watch, and more, catering to the discerning tech-savvy consumers in these regions. While Apple products remain the cornerstone of our distribution portfolio, we also engage in the distribution of select other brands to diversify our offerings and cater to a broader customer base. Despite this diversification, Apple products continue to drive a significant portion of our revenue, contributing over 80% to our overall earnings. The remaining revenue is generated through the sale of other brands, including JIO Recharge, JIO Phones, INFINIX Mobiles, etc. Recently, we have acquired the distribution rights for 'Nothing' in the state of Gujarat, further enhancing our product lineup with innovative offerings.
Industry Overview
The Indian electronics industry is one of the most rapidly growing industries worldwide. Electronic products have continuously impacted and shaped our lifestyles in the current digital era. The advent of technology has led to seamless activities and accelerated the digital revolution to the next level. Furthermore, demand for electronic devices is anticipated to rise steadily and continue to be a key economic driver worldwide. The global electronics industry was estimated at US$ 2.9 trillion in 2020. The Indian government has widely recognised the strategic importance and growth potential of this industry in its National Policy for Electronics (NPE) 2019. NPE was unveiled with a vision to make the country a comprehensive hub for Electronics System Design and Manufacturing (ESDM) by developing a supportive environment for the industry to compete with global peers. The Government of India aspires to make the country a substantial manufacturing and design hub for electronics as part of its Aatmanirbhar Bharat scheme. The Digital India Programme has led to a paradigm transition towards digitisation and e-governance in India. India's market share in the global electronics manufacturing industry increased to 3.6% in 2020 from 1.3% in 2012.
Company History
HP Telecom India Limited was incorporated on March 26, 2011 as 'HP Telecom India Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated March 26, 2011 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, the Company was converted to a public limited company, pursuant to a special resolution passed by the shareholders of the Company at the extra-ordinary general meeting held on January 29, 2024 and the name of the Company was changed from "HP Telecom India Private Limited" to "HP Telecom India Limited", pursuant conversion from private to public company and a fresh certificate of incorporation dated February 26, 2024 issued by the Registrar of Companies.
Products & Services
- The company operates as the exclusive distributor of Apple products across significant territories, including Madhya Pradesh & Chhattisgarh, select cities in Uttar Pradesh, and major urban centers in Gujarat.
Growth Strategy
- Market Penetration Strategies.
- Optimizing Business Operations.
- Sole Distributorship and Market Leadership.
- Continuous Research on Growing Brands.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of up to 31,69,200 equity shares of face value Rs. 10 each (the "Equity shares") of hp telecom india limited ("The Company" or the "Issuer") for cash at a price of Rs. 108 per equity share (including a securities premium of Rs. 98 per equity share) ("Issue Price"), aggregating up to Rs. 34.23 crores (the "Issue") of which 1,59,600 equity shares aggregating to Rs. 1.72 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.59% and 25.25 % respectively of the post-issue paid-up equity share capital of the company. the face value of the equity shares is 10 each and the issue price is 10.80 times of the face value.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Exclusive Distribution Rights.
- Strong Brand Reputation.
- Experienced and Visionary Leadership.
- Robust network and relationships with suppliers.
- Financial Stability and Resources.
- The company is dependent on original equipment manufacturers for the telecommunication products its distribute. Any delay or failures on part of such global technology brands to supply products may materially and adversely affect its business, profitability and reputation.
- The company business is dependent on telecommunication brands effectively maintaining, promoting or developing their brands and maintaining standard quality products including launching new information and communications technology products at regular intervals.
- The Company, its Promoters and Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on the company business, results of operations and financial condition.
- If the company is unable to maintain its relationships with the companay customers or if any of these parties change the terms of their arrangements with it, the company business could be materially and adversely affected.
- The company could be subject to product liability claims, which may have a material adverse impact on it.