How To Check HP Telecom India IPO Allotment Status — Check Steps Here

The share allotment for the HP Telecom India IPO will be finalised on February 25 and shares of the company will list on Friday, February 28.

The initial public offering of HP Telecom India Ltd. was booked 1.91 times on its third and last day of bidding on Monday. According to Chittorgarh, the Rs 34.23-crore SME IPO received bids for 57,54,000 shares against 30,09,601 on offer.

Non-institutional investors subscribed 1.97 times the offer, while the Retail Individual Investors (RIIs) portion was subscribed 1.85 times.

The SME IPO of HP Telecom India India was fully subscribed on Day 2 and was booked close to 70% on Day 1.

The allotment for the HP Telecom India IPO will be finalised on Tuesday, February 25 and the company will list on Friday, February 28.

Interactive Financial Services Ltd. is the book-running lead manager of the HP Telecom India IPO. The company has appointed Bigshare Services Pvt Ltd. as the registrar and Aftertrade Broking Pvt Ltd. as the market maker for the IPO.

Investors can check the HP Telecom India IPO allotment status on Bigshare Services and the NSE website by following the step-by-step guide provided below.

How To Check HP Telecom India IPO Allotment Status On Bigshare Services and NSE website?

Steps to check HP Telecom India IPO allotment status on NSE:

Steps to check HP Telecom India IPO allotment status on Bigshare Services:

  • Visit the IPO allotment page on the Bigshare Services website here: https://www.bigshareonline.com/ipo_allotment.html

  • Select any one server to check your IPO Allotment Status.

  • Select the company name 'HP Telecom India Limited' from the dropdown list on the IPO allotment status page.

  • Enter the investor PAN Number or Application/CAF Number or DP/Client ID.

  • Fill in the captcha details.

  • Click on the Search button to verify your share allotment status.

HP Telecom India IPO GMP Today

The grey market premium for the HP Telecom India IPO stood at Rs 0 as of 2:00 p.m. on Feb. 25, according to InvestorGain. This indicates a potential flat listing for the offer.

Note: GMP is not an official source of data and is based on speculation.

Use Of Proceeds

The company will use the proceeds from the IPO for funding working capital requirements and for general corporate purposes.

Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read red herring prospectus thoroughly before placing bids.

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