The HP Telecom India IPO minimum market lot is 1200 shares with ₹1,29,600 application amount. The HP Telecom India IPO is a SME IPO, and it is to be listed on NSE.
HP Telecom India Limited, established in March 2011, provides mobile phones and accessories. In the fiscal year 2014-15, the company obtained exclusive distribution rights for Sony LED TVs, mobile phones, and other brands in Gujarat.
The directors of HP Telecom India Limited include Vijay Lalsingh Yadav, Seemabahen Vijay Yadav, Bharatlal Lalsingh Singh, Dinesh Ram Nath Yadav, Chirag Jitendra Sheth, Hemant Ashwinkumar Jethwa, and Barkha Jain. During the fiscal year 2015-16, the company enhanced its distribution portfolio by securing exclusive rights to distribute Jio products as the West Region Trade Partner for Gujarat.
In order to, expand their geographical reach, companies’ promoters are exploring new product lines such as Mobile like Nokia, Micro Max, Intex, Gionee, and Karbonn Mobiles, because promoters are skilled and experienced. In 2024, this company has a total of 7 permanent and 84 employees on a contract basis.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
HP Telecom India IPO Subscription Status – Day 3
Category | Day 1 | Day 2 | Day 3 |
NII | 0.81 | 1.45 | 1.97 |
RII | 0.61 | 1.06 | 1.85 |
Total | 0.71 | 1.26 | 1.91 |
HP Telecom India IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
HP Telecom India IPO Review and Rating
- May Apply For Long-term View
HP Telecom India IPO Form
How to apply for the HP Telecom India IPO? You can apply for HP Telecom India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the HP Telecom India IPO in the Invest section. The other option is you can apply for HP Telecom India IPO via IPO forms downloaded online. Check out the HP Telecom India forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.