HP Telecom India IPO GMP Grey Market Premium
Stay updated with the latest HP Telecom India IPO GMP (Grey Market Premium), Kostak rates, and Subject to Sauda rates. As of now, the GMP for HP Telecom India IPO has not started. Keep checking for the most recent updates on its grey market performance.
HP Telecom India IPO Overview
HP Telecom India IPO is scheduled to open on February 20, 2025, and will close on February 24, 2025. This SME IPO aims to raise ₹34.23 crores at a fixed price of ₹108 per share, with a minimum market lot of 1,200 shares.
About HP Telecom India Limited
Founded in March 2011, HP Telecom India Limited specializes in mobile phones and accessories. In 2014-15, the company secured exclusive distribution rights for Sony LED TVs, mobile phones, and other brands in Gujarat.
The board of directors includes:
- Vijay Lalsingh Yadav
- Seemabahen Vijay Yadav
- Bharatlal Lalsingh Singh
- Dinesh Ram Nath Yadav
- Chirag Jitendra Sheth
- Hemant Ashwinkumar Jethwa
- Barkha Jain
By 2015-16, the company expanded its distribution network, becoming the exclusive distributor of Jio products in Gujarat as the West Region Trade Partner.
HP Telecom India IPO GMP Live Updates
| Date | IPO GMP | Trend | Kostak Rate | Subject to Sauda |
|---|---|---|---|---|
| Feb 15, 2025 | ₹- | – | ₹- | ₹- |
| Feb 14, 2025 | ₹- | – | ₹- | ₹- |
HP Telecom India IPO Key Details
| Particulars | Details |
|---|---|
| IPO Open Date | February 20, 2025 |
| IPO Close Date | February 24, 2025 |
| Face Value | ₹10 per share |
| IPO Price Band | ₹108 per share |
| Issue Size | ₹34.23 crores |
| Fresh Issue | ₹34.23 crores |
| Issue Type | Fixed Price Issue |
| Listing Platform | NSE SME |
| Retail Quota | Not more than 50% |
| NII Quota | Not more than 50% |
HP Telecom India IPO Timeline
| Event | Date |
|---|---|
| IPO Open Date | February 20, 2025 |
| IPO Close Date | February 24, 2025 |
| Basis of Allotment | February 25, 2025 |
| Refund Initiation | February 27, 2025 |
| Demat Credit | February 27, 2025 |
| IPO Listing Date | February 28, 2025 |
FAQs on HP Telecom India IPO GMP
What is the Grey Market Premium (GMP) for HP Telecom India IPO today?
As of now, HP Telecom India IPO GMP is not available.
What is the current Kostak Rate for HP Telecom India IPO?
The Kostak rate is yet to be determined.
What is the Subject to Sauda rate for HP Telecom India IPO?
No updates yet on Subject to Sauda rates.
What are the expected returns for HP Telecom India IPO?
The expected returns are yet to be calculated.
Company Overview
HP Telecom India Limited was founded in March 2011 and specializes in mobile phones and accessories. In 2014-15, the company acquired exclusive distribution rights for Sony LED TVs, mobile phones, and other products in Gujarat.
The company expanded its business further in 2015-16 by becoming the West Region Trade Partner for Jio products in Gujarat. Currently, HP Telecom India Limited distributes brands like Nokia, Micromax, Intex, Gionee, and Karbonn.
As of 2024, the company employs 7 permanent staff and 84 contract employees.
Promoters & Management
The key promoters of HP Telecom India Limited are:
- Vijay Lalsingh Yadav
- Seemabahen Vijay Yadav
- Bharatlal Lalsingh Singh
Other directors include Dinesh Ram Nath Yadav, Chirag Jitendra Sheth, Hemant Ashwinkumar Jethwa, and Barkha Jain.
IPO Lead Mana
Disclaimer
- The IPO Grey Market Premium (GMP) is subject to daily fluctuations and is only valid for the mentioned date.
- We do not engage in IPO form trading in the grey market.
- Kostak Rate refers to the premium earned by selling an IPO application in an off-market transaction before allotment or listing.
- Investors should not rely solely on GMP trends and are advised to assess the company’s fundamentals before investing.
Stay tuned for more updates on HP Telecom India IPO!
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