The HP Telecom India IPO Allotment Statusย is now available. Theย IPO subscriptionย had started onย February 20, 2025, and ended on February 24, 2025, Monday.ย Theย allotmentย was released on February 27, 2025, Monday,ย after the basis of allotment was finalized. Theย investors who appliedย for theย IPO will be able to check the HP Telecom India IPO Allotment on theย Bigshare Services Pvt Ltd website or the NSE website.ย
The HP Telecom India IPO received an overall subscription of 1.91 times, with a total of 57.54 lakh shares bid against the 30.09 lakh offered. Market makers fully subscribed to their portion of 1.59 lakh shares. Non-institutional buyers subscribed 1.97 times, bidding for 29.64 lakh shares, while retail investors subscribed 1.85 times with 27.90 lakh shares. The total amount raised stood at โน62.14 crore from 2,501 applications.
HP Telecom India SME IPO’s last GMP is โน0, indicating no premium over the issue price of โน108. With this, the estimated listing price remains โน108, resulting in a 0.00% gain or loss per share.
Overview of Contents
HP Telecom India IPO Dates
Event | Date |
---|---|
IPO Opening Date | February 20, 2025 |
IPO Closing Date | February 24, 2025 |
Allotment Finalization | February 25, 2025 |
Demat Account Credit | February 27, 2025 |
Refund Initiation | February 27, 2025 |
Listing on NSE SME | February 28, 2025 |
How to Check HP Telecom India IPO Allotment Status
Investors who applied for HP Telecom Indiaย IPO can check theirย allotment statusย through 4 different methods:ย Bigshare, NSE, Demat Account, and Bank Account.ย Follow the steps below to check yourย IPO allotment status.
Bigshare: | Bigshare IPO Allotment Page |
NSE: | NSE IPO Allotment Page |
Equity Market Insights | IPO Allotment Status Page |
Step 1: How to Check HP Telecom India IPO Allotment Status on Bigshare?
- Visit Bigshare.com and go to the HP Telecom India SME IPO allotment page.
- Select โHP Telecom India SME IPOโ from the drop-down menu.
- Choose PAN, Application Number, or DP ID for search.
- Enter your details and click โSearch.โ
- View your allotment status on the screen.
Step 2: How to Check HP Telecom India IPO Allotment Status on NSE?
- Visit the NSE IPO allotment page at NSEIndia.com.
- Select โHP Telecom India SME IPOโ from the IPO list.
- Choose PAN, Application Number, or DP ID for search.
- Enter details and click โSearch.โ
- Your allotment status will be displayed.
Step 3: How to Check HP Telecom India IPO Allotment in Your Demat Account
- Log in to your Demat/Trading account or contact your broker.
- Check if the shares are credited to your account.
- If allotted, they will appear in your Demat account.
Step 4: How to Check HP Telecom India IPO Allotment in Your Bank Account
- Log in to the bank account used for the IPO application.
- Check the balance section for the status.
- If allotted, the IPO amount will be debited.
- If not allotted, the amount will be refunded, and youโll receive an SMS confirmation.
About Company
HP Telecom India Limited is a prominent electronics distributor, holding exclusive distribution rights for Apple products across Madhya Pradesh, Chhattisgarh, select cities in Uttar Pradesh, and key urban centers in Gujarat. The company supplies a diverse range of Apple devices, including iPhones, iPads, MacBooks, and Apple Watches, catering to a growing base of tech-savvy consumers.
Established in March 2011, HP Telecom initially specialized in mobile phone and accessory distribution. By 2014-15, it expanded its operations by securing exclusive rights for Sony LED TVs and other electronics in Gujarat. Over time, the company further diversified its portfolio, adding home theatres, air conditioners, and other consumer electronics to its offerings.
With a workforce of 91 employeesโcomprising 7 permanent staff and 84 contractual workers (as of September 30, 2024)โHP Telecom has built a strong market presence. Its success is driven by exclusive distribution rights, a robust supplier network, experienced leadership, and financial stability, solidifying its position as a key player in the electronics distribution industry.