Introduction
The HP Telecom India Ltd IPO is among the most anticipated public issues in the Indian market this year. HP Telecom India Ltd is entering the capital market with a public issue of ₹34.23 crores, offering 31.69 lakh shares at a fixed price of ₹108 per share. The IPO opens on 20 February 2025 and closes on 24 February 2025, with shares expected to be listed on NSE on 28 February 2025. The IPO aims to raise funds to support the company’s expansion plans, strengthen its market presence, and enhance technological infrastructure.
This blog provides comprehensive details about the IPO, including its price, lot size, subscription dates, allotment process, and reservation structure.
HP Telecom India Ltd
HP Telecom India Ltd is a reputed telecom services provider specializing in advanced network solutions across India. The company has established a strong reputation for delivering high-quality telecom services, including network design, deployment, and maintenance. With a robust infrastructure and a dedicated team of professionals, HP Telecom India Ltd is known for its innovation and customer-centric approach. The company’s commitment to adopting the latest technologies has helped it secure a competitive edge in the rapidly evolving telecom sector.
HP Telecom India Ltd plans to use the proceeds from the IPO to fund its expansion strategies, including upgrading existing infrastructure, investing in 5G technology, and enhancing operational efficiency. The telecom industry in India is experiencing rapid growth, driven by increasing demand for data services, digitalization, and government initiatives supporting telecom infrastructure. HP Telecom India Ltd is well-positioned to capitalize on these opportunities and aims to play a significant role in shaping the future of telecommunications in India.
HP Telecom India Ltd IPO Details
Particulars | Details |
Issue Size | ₹34.23 Crores |
Issue Type | Public Issue (Fixed Portion) |
Price per Share | ₹108 |
Total Shares Offered | 31,69,200 |
Face Value | ₹10 |
Lot Size | 1,200 Shares |
Minimum Investment | ₹129,600 |
Listing Exchange | NSE |
Tentative Listing Date | 28 February 2025 |
IPO Important Dates
Event | Date |
IPO Opening Date | 20 February 2025 |
IPO Closing Date | 24 February 2025 |
Basis of Allotment | 25 February 2025 |
Refunds Initiation | 27 February 2025 |
Credit of Shares to Demat | 28 February 2025 |
Listing Date | 28 February 2025 |
HP Telecom India Ltd IPO Subscription Details
Subscription Status (As of 20 Feb 2025)
Investor Category | Subscription Times |
Qualified Institutional Buyers (QIB) | 0x |
Retail Individual Investors (RII) | 0.39x |
Non-Institutional Investors (NII) | 0.07x |
Others | 0x |
Total | 0.22x |
Day-wise Subscription Details
Date | QIB | RII | NII | Total |
20-02-2025 | 0x | 0.39x | 0.07x | 0.22x |
HP Telecom India Ltd IPO Reservation Structure
Investor Category | Shares Offered | Percentage |
Non-Institutional Investors (NII) | 15,04,800 | 47.48% |
Retail Individual Investors (RII) | 15,04,800 | 47.48% |
Others | 1,59,600 | 5.04% |
Total | 31,69,200 | 100% |
Why Should You Invest in HP Telecom India Ltd IPO?
- Strong Market Presence: HP Telecom India Ltd is a trusted name in the telecom industry.
- Growth Potential: Funds raised will drive expansion and technological improvements.
- Attractive Valuation: The IPO offers shares at ₹108 each, providing ample growth opportunities.
- Industry Outlook: The Indian telecom sector is poised for significant growth, offering lucrative prospects for investors.
Conclusion
HP Telecom India Ltd IPO is a promising addition to the upcoming IPO list on NSE. With a structured reservation plan and competitive pricing, it stands as an attractive opportunity for retail and institutional investors alike. Given its strategic expansion plans and focus on technology, it is worth considering, especially for those looking for the upcoming IPO this week or upcoming IPO in India this week.
Stay tuned for more updates on this IPO and other upcoming IPOs in India NSE.
