Established in March 2011, HP Telecom India Limited began its operations by focusing on the distribution of mobile phones and accessories. In the fiscal year 2014-15, the company acquired exclusive distribution rights for Sony LED TVs, Mobiles, and other brands in Gujarat. It further diversified its offerings to include LCD/LED home theatres, air conditioners, and various other appliances.

Today, HP Telecom serves as the exclusive distributor for Apple products in Madhya Pradesh, Chhattisgarh, certain cities in Uttar Pradesh, and key urban areas in Gujarat. The company provides a wide array of Apple devices, such as the iPhone, iPad, Mac, and Apple Watch, targeting tech-savvy customers in these regions. As of September 30, 2024, HP Telecom had 7 permanent employees and 84 contractual workers.

The HP Telecom India IPO is a fixed-price offering amounting to Rs. 34.23 crores. This issue consists entirely of a fresh issuance of 31.69 lakh shares. The IPO bidding period commenced on February 20, 2025, and concluded on February 24, 2025. The allotment process is anticipated to be finalized by Tuesday, February 25, 2025.

The IPO is set to be listed on the NSE SME platform, with a tentative listing date of Friday, February 28, 2025. The IPO price is set at ₹108 per share. Retail investors are required to apply for a minimum lot size of 1,200 shares, translating to an investment of ₹1,29,600. For High Net-Worth Individuals (HNIs), the minimum investment is 2 lots (2,400 shares), amounting to ₹2,59,200.

HP Telecom India IPO Details

IPO Date	February 20, 2025 to February 24, 2025
Face Value	₹10 per share
Issue Price	₹108 per share
Lot Size	1,200 Shares
Total Issue Size	Approx ₹34.23 Crores
Fresh Issue	Approx ₹34.23 Crores
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

HP Telecom India IPO Dates

The HP Telecom India IPO will begin on February 20, 2025, and the bidding window will remain open until February 24, 2025. Investors can participate in the IPO during this period.

IPO Open Date	Thu, Feb 20, 2025
IPO Close Date	Mon, Feb 24, 2025
Tentative Allotment	Tue, Feb 25, 2025
Refunds	Thu, Feb 27, 2025
Credit of Shares to Demat	Thu, Feb 27, 2025
IPO Listing Date	Fri, Feb 28, 2025
UPI Mandate Confirmation Deadline	5 PM on February 24, 2025

HP Telecom India IPO Market Lot

The HP Telecom India IPO requires a minimum market lot of 1,200 shares, amounting to an application value of ₹1,29,600 for retail investors.

Application	Lot Size	Shares	Amount
Retail Minimum	1	1200	₹1,29,600
Retail Maximum	1	1200	₹1,29,600
S-HNI Minimum	2	2400	₹2,59,200

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Investment Opportunity: HP Telecom India Limited IPO Details