HP Telecom India SME IPO Details, Financials, Valuation & Peers
Explore HP Telecom India IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
HP Telecom India Limited is a distributor of consumer electronics and telecom products, primarily specializing in the distribution of Apple products across multiple states in India. Established in 2011, the company initially focused on distributing mobile phones and accessories and has since evolved into an exclusive distributor for Apple, expanding its reach across Gujarat, Madhya Pradesh, Chhattisgarh, and parts of Uttar Pradesh. The company has also diversified its portfolio by securing distribution rights for other premium technology brands like Nothing in Gujarat. HP Telecom has built a strong market presence through its strategic partnerships, extensive distribution network, and commitment to providing high-quality products to customers. With a well-established infrastructure, the company ensures efficient supply chain management and seamless product availability across its operational regions.
Key Points:
- Market Presence: Incorporated in 2011, HP Telecom has evolved into a key distributor of high-end technology products, with a strong focus on Apple Inc.
- Exclusive Apple Distribution: The company holds exclusive distribution rights for Apple products in Madhya Pradesh, Chhattisgarh, parts of Uttar Pradesh, and key cities in Gujarat.
- Product Portfolio: Besides Apple, the company distributes Nothing smartphones in Gujarat and trades Apple accessories and other brands in Karnataka.
- Geographic Reach: Initially focused on Gujarat, HP Telecom has extended its operations to multiple states, including Madhya Pradesh, Chhattisgarh, Uttar Pradesh, and Karnataka.
- Revenue Base: Apple products account for over 80% of the company’s total revenue, while the rest comes from Jio recharge, Jio phones, Infinix mobiles, and accessories.
- Strategic Partnerships: The company has worked with top brands like Sony, Nokia, Jio, and Nothing, reinforcing its position in the technology distribution industry.
- Product Categories:
- Smartphones: iPhones and Nothing smartphones.
- Smartwatches: Apple Watch series.
- Tablets & iPads: Various models catering to different user needs.
- Accessories: Includes screen guards, memory cards, Bluetooth earplugs, power banks, and more from brands like Apple and Samsung.
Objects of the Issue
- Funding the working capital requirements of the Company
- General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 20 Feb - 24 Feb 2025 |
| IPO Price Band | ₹108 per share |
| Fresh Issue | 31,69,200 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹34.23 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 20 Feb 2025 |
| IPO Closing Date | 24 Feb 2025 |
| Basis Of Allotment | 25 Feb 2025 |
| Refunds | 27 Feb 2025 |
| Demat Transfer | 27 Feb 2025 |
| IPO Listing Date | 28 Feb 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 292.55 | 638.47 | 1,079.77 | 594.19 |
| Total Expenses | 289.81 | 630.00 | 1,068.17 | 587.17 |
| Net Profit/Loss | 2.13 | 6.35 | 8.60 | 5.23 |
| NPM (*) | 0.73 | 1.00 | 0.81 | 0.90 |
| Total Assets | 46.06 | 93.55 | 281.48 | 258.97 |
| Total Liabilities | 30.60 | 73.04 | 252.36 | 224.61 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 2.69 | 7.26 | 13.48 | 5.99 |
| ROE (%) | 13.78 | 30.97 | 29.56 | 15.25 |
| ROCE (%) | 31.17 | 62.41 | 66.62 | 28.99 |
| D/E Ratio | NA | NA | NA | NA |
| Current Ratio | 1.31 | 1.13 | 1.07 | 25.11 |
| EBITDA MARGIN (%) | 1.66 | 2.02 | 1.84 | 1.72 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| HP Telecom Limited | 1,058.92 | 8.01 | 13.48 | 29.56 | 33.29 |
| Bhatia Communications & Retail (India) limited | 413.79 | 27.97 | 0.92 | 17.44 | 5.28 |
| Jay Jalaram Technologies Limited | 538.72 | 69.11 | 4.37 | 17.07 | 25.59 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 1.45 |
| Retail Individual Investor (RII) | 1.06 |
| Total | 1.26 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- VIJAY LALSINGH YADAV
- SEEMABAHEN VIJAY YADAV
- BHARATLAL LALSINGH SINGH
Lead Managers
- INTERACTIVE FINANCIAL SERVICES LIMITED
Company Address
HP Telecom India Limited
Plot No – 97, 01st Floor, Om Square, Near Ishwar Farm, BRTS Canal Road, Bhatar, Althan, Surat 395017, Gujarat, India
Phone: +91 9825309977
Email: compliancehptl@gmail.com
Website: www.hvciipl.com
FAQs
- What is the issue size of the HP Telecom India SME IPO?The HP Telecom India SME IPO has an issue size of ₹34.23 crore. This includes a fresh issue of 31,69,200 shares and an offer for sale (OFS) of NIL.
- What is the price band of the HP Telecom India IPO?The price band for the HP Telecom India IPO is ₹108 per share.
- What are the bidding dates for the HP Telecom India IPO?The HP Telecom India IPO will open for bidding on 20 Feb 2025 and close on 24 Feb 2025.
- What is the allotment date for the HP Telecom India IPO?The allotment date for the HP Telecom India IPO is 25 Feb 2025.
- What is the minimum lot size and investment required for the HP Telecom India IPO?The minimum lot size for the HP Telecom India IPO is 1200 shares and the minimum investment required is ₹1,29,600.
- What is the listing date for the HP Telecom India IPO?The listing date for the HP Telecom India IPO is 28 Feb 2025.
- What is the HP Telecom India IPO grey market premium?The grey market premium (GMP) for the HP Telecom India IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.