HP Telecom India Ltd - IPO

HP Telecom India Ltd IPO Details

Initial public offer of up to 31,69,200 equity shares of face value Rs. 10 each (the Equity shares) of hp telecom india limited (The Company or the Issuer) for cash at a price of Rs. 108 per equity share (including a securities premium of Rs. 98 per equity share) (Issue Price), aggregating up to Rs. 34.23 crores (the Issue) of which 1,59,600 equity shares aggregating to Rs. 1.72 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.59% and 25.25 % respectively of the post-issue paid-up equity share capital of the company.the face value of the equity shares is 10 each and the issue price is 10.80 times of the face value.

Objective of issue

Funding the working capital requirements. General corporate purposes.

HP Telecom India Ltd Contact Details

HP Telecom India Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliancehptl@gmail.com

Website - www.hvciipl.com