What is the process to apply for the HP Telecom India IPO?
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To apply, log in to your trading account, select the IPO, and complete the UPI authorization process.
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The HP Telecom India IPO provides an opportunity for investors to participate in a company engaged in the distribution of mobile and consumer electronics. To apply for the IPO, you’ll need to follow a simple process through your trading platform. Once the IPO opens, you can submit your application and monitor its progress. For more details on the IPO, refer to the HP Telecom India IPO.
The IPO subscription number indicates the demand for the shares during the subscription period. Understanding the subscription status gives insight into the level of market interest in the offering. Let’s take a look at the application process and how to track the subscription status.
To apply for the HP Telecom India IPO, ensure you have a registered trading account and sufficient funds for the minimum investment. Follow the steps outlined below to apply via your online trading platform.
Step 1: Login to Your Trading Platform
Log in to your trading account through your broker’s platform.
Step 2: Navigate to the IPO Section
Find the IPO section, where all available IPOs are listed.
Step 3: Select the Open IPO and Click Apply
Locate the HP Telecom India IPO and click the "Apply" button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares you would like to apply for, ensuring it meets the minimum lot size of 1,200 shares.
Step 5: Provide Your UPI ID
Input your UPI ID to complete the payment authorization process.
Step 6: Confirm the Application
Review the application details and confirm the submission.
Step 7: Complete the Process and Wait for Allotment
After submission, your application will be processed. Once the allotment is complete, you will be notified.
The IPO subscription number reflects the demand for shares. Typically, the subscription period for mainboard IPOs lasts for 3 working days, while SME IPOs may remain open for 4-5 working days. You can track the day-wise subscription status to understand investor participation.
Day 1 -
Category | Shares Offered | Shares Subscribed |
NII (Non-Institutional) | 15,04,800 | 12,16,800 |
Retail | 15,04,800 | 9,24,000 |
Total Subscription | 30,09,601 | 21,40,800 |
HP Telecom India IPO offers 31,69,200 shares, with portions reserved for different categories of investors. Retail investors, Non-Institutional Investors (NII), and Market Makers are allocated shares according to the specified reservation.
Investor Category | Shares Offered |
Retail Investors | 15,04,800 (47.48%) |
NII (HNI) | 15,04,800 (47.48%) |
Market Maker | 1,59,600 (5.04%) |
Once you’ve applied for the IPO, you can check your allotment status by following these steps:
Step 1: Visit the Official Website of the IPO's Registrar
Go to the registrar’s website, Bigshare Services Pvt Ltd, to check the allotment status.
Step 2: Navigate to the IPO Allotment Status Page
Locate the IPO allotment status page for HP Telecom India IPO.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Fill in the required information such as PAN number, Demat ID, or application number.
Step 4: Click on 'Submit' or 'Check Status'
Click the "Submit" button to view your allotment status.
Step 5: Alternative Check on Stock Exchange Websites
You may also check the allotment status on the NSE SME or BSE website.
Step 6: Check HP Telecom India IPO Allotment Status via Bajaj Broking
Alternatively, you can track your HP Telecom India IPO Allotment Status via your Bajaj Broking account.
HP Telecom India Ltd was founded in 2011 and operates primarily in the distribution of mobile phones and consumer electronics. The company has exclusive distribution rights for brands such as Apple across several regions in India, including Madhya Pradesh, Gujarat, and parts of Uttar Pradesh. HP Telecom has worked towards establishing a strong market presence in the mobile electronics distribution industry.
The company is seeking to raise capital to support its working capital requirements and fund various corporate activities. The IPO is part of its efforts to strengthen its position and meet the increasing demand in the mobile electronics space. Investors may consider the company's potential for growth within the tech distribution sector.
HP Telecom India Ltd’s business model is based on building relationships with suppliers and expanding its distribution network. The IPO proceeds will help the company in executing its operational plans and further scaling its business.
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your IPO allotment status for HP Telecom India IPO.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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To apply, log in to your trading account, select the IPO, and complete the UPI authorization process.
Yes, a Demat account is required to apply for the HP Telecom India IPO, as shares will be credited to your Demat account if allotted.
No, IPO applications are accepted electronically through trading accounts or IPO platforms.
You will need a valid PAN card, Demat account details, UPI ID, and bank account information to apply for the IPO.
Payments are made via UPI authorization for retail investors or through other available payment methods for institutional investors.
You can check the allotment status on the registrar’s website or through your trading platform after the allotment is finalized.
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