Busy Week Ahead: 2 SME IPOs and 9 Market Listings – Get the Complete Details Here

The upcoming week promises to be action-packed for the stock market, with two SME IPOs and nine market listings set to make waves. HP Telecom India Limited aims to raise ₹34.23 crore, while Beezaasan Explotech Limited seeks ₹59.93 crore through their respective IPOs. In addition to these fresh issues, investors can look forward to the listing of nine companies, including Ajax Engineering and Hexaware Technologies, making it a crucial week filled with opportunities and market movements. Here’s a complete breakdown of what to expect and how to stay ahead in this bustling market scenario.

HP Telecom India IPO Details

HP Telecom India IPO is a fixed price issue of Rs 34.23 crores. This issue consists entirely of a fresh issue of 31.69 lakh shares. The subscription will open on February 20, 2025, and close on February 24, 2025. The allotment is expected to be finalized on February 25, 2025, and the shares will be listed on NSE SME on February 28, 2025. 

Offer Price	₹108 per share
Face Value	₹10 per share
Opening Date	20 February 2025
Closing Date	24 February 2025
Total Issue Size (in Shares)	31,69,200
Total Issue Size (in ₹)	₹34.23 Cr
Issue Type	Book Built Issue IPO
Lot Size	1200 Shares
Listing at	BSE, SME

The minimum application lot size is 1,200 shares, requiring a minimum investment of ₹1,29,600 for retail investors. High Net-worth Individuals (HNIs) must apply for a minimum of 2 lots (2,400 shares), amounting to ₹2,59,200.

Objectives of the IPO

• Funding the company’s working capital requirements.
• General corporate purposes.

Company Overview

Founded in March 2011, HP Telecom India Limited started as a distributor of mobile phones and accessories. The company expanded its operations in 2014-15, securing exclusive distribution rights for Sony products in Gujarat. It is the exclusive distributor of Apple products in Madhya Pradesh, Chhattisgarh, select cities in Uttar Pradesh, and major urban centers in Gujarat.

Financial Strength

HP Telecom India Limited’s revenue for the half-year ending September 2024 stood at ₹594.19 crore, down from ₹1,079.77 crore in March 2024 but higher than ₹638.47 crore in March 2023 and ₹292.55 crore in March 2022. The company reported a PAT of ₹5.24 crore as of September 2024, compared to ₹8.6 crore in March 2024, ₹6.35 crore in March 2023, and ₹2.13 crore in March 2022. 

SWOT Analysis of HP Telecom India 

STRENGTHS	WEAKNESSES
Intense competition from other distributors and online retailers Market volatility and changing consumer preferences which can affect sales	Highly dependent on Apple for a significant portion of revenue. Increasing borrowings, which could strain financials
OPPORTUNITIES	THREATS
Growing demand for consumer electronics and premium brands like Apple. Potential to expand distribution network to other regions and add more brands	Intense competition from other distributors and online retailers Market volatility and changing consumer preferences, which can affect sales

Beezaasan Explotech Limited IPO Details

Beezaasan Explotech IPO is a book-built issue amounting to Rs 59.93 crores. The entire issue consists of a fresh issuance of 34.25 lakh shares. The IPO opens for subscription on February 21, 2025, and closes on February 25, 2025. The allotment is expected to be finalized on February 27, 2025, and the shares will be listed on the BSE SME platform on March 3, 2025.

Offer Price	₹165 to ₹175 per share
Face Value	₹10 per share
Opening Date	21 February 2025
Closing Date	25 February 2025
Total Issue Size (in Shares)	34,24,800
Total Issue Size (in ₹)	₹59.93 Cr
Issue Type	Book Built Issue IPO
Lot Size	800 Shares
Listing at	BSE, SME

Objectives of the IPO

• Funding the company’s working capital requirements.
• General corporate purposes.

Company Overview

Incorporated in August 2013, Beezaasan Explotech Limited manufactures and supplies explosives and explosive accessories, including slurry, emulsion, and detonating explosives. It serves the cement, mining, and defense industries. The company’s manufacturing facility in Gujarat is certified with ISO 9001:2015 for Quality Management, ISO 14001:2015 for Environmental Management, and ISO 45001:2018 for Occupational Health and Safety.

Financial Strength

Beezaasan Explotech Limited has demonstrated steady financial growth over the past few years. The company recorded revenue of ₹101.44 crore for the half-year ending September 2024, lower than ₹187.9 crore in March 2024 and ₹229.17 crore in March 2023 but higher than ₹141.91 crore in March 2022. Profit after tax (PAT) surged to ₹8.33 crore as of September 2024, nearly double the ₹4.87 crore reported in March 2024 and significantly higher than ₹2.94 crore in March 2023 and ₹2.74 crore in March 2022. 

SWOT Analysis of Beezaasan Explotech Limited 

STRENGTHS	WEAKNESSES
Strong presence in the explosives industry with a focus on quality-certified products. Consistent financial growth with increasing assets and net worth. Diversified client base across cement, mining, and defense industries	High dependency on a few industries for revenue. Fluctuating revenue growth over recent years
OPPORTUNITIES	THREATS
Expansion into new markets and industries Increasing demand for explosives in mining and infrastructure projects.	Stringent regulatory environment in the explosives industry Competition from established and emerging players.

Listings this week

Several companies will list on various stock exchanges in the coming days. Ajax Engineering, Hexaware Technologies, and Chandan Healthcare will debut on February 17, 2025, on the NSE and BSE, while Maxvolt Energy, Voler Car, and PS Raj Steels are slated for listing on February 17 and 19, 2025, on the NSE SME. Shanmuga Hospital will list on BSE SME on February 20, 2025, followed by L.K. Mehta Polymers and Royalarc Electrodes, both on February 21, 2025, on BSE SME and NSE SME, respectively.

Company	Listing Date	Exchange
Ajax Engineering	February 17, 2025	NSE & BSE
Hexaware Technologies	February 19, 2025	NSE & BSE
Chandan Healthcare IPO	February 17, 2025	NSE SME
Maxvolt Energy	February 17, 2025	NSE SME
Voler Car	February 19, 2025	NSE SME
PS Raj Steels	February 19, 2025	NSE SME
Shanmuga Hospital	February 20, 2025	BSE SME
L.K. Mehta Polymers	February 21, 2025	BSE SME
Royalarc Electrodes	February 21, 2025	NSE SME

Conclusion

This week is shaping up to be significant for the stock market, with two SME IPOs and multiple company listings across various exchanges. Investors can expect a bustling atmosphere with fresh opportunities from HP Telecom India and Beezaasan Explotech and the debut of companies like Ajax Engineering and Hexaware Technologies. With new ventures and exciting market movements on the horizon, staying informed and prepared will be key to navigating this dynamic week.

Know more about:
IPOs | Current IPOs | Upcoming IPOs | Listed IPOs | Closed IPOs | IPO Performers

Related Posts

• 
  From Bengaluru to the World: Aero India 2025’s Strategic Impact
• 
  Upcoming IPOs in February 2025
• 
  ₹1,269 Crore Ajax Engineering IPO: Issue Details, GMP, Financials, and SWOT Breakdown
• 
  ₹8,750 Cr Hexaware IPO: Detailed Look at Issue Price, GMP, Financials & SWOT

Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. This article is for education purposes only and shall not be considered as a recommendation or investment advice by Equentis – Research & Ranking. We will not be liable for any losses that may occur. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL & certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.