HP Telecom India Ltd Company Summary

HP Telecom India Ltd Summary

HP Telecom India Limited was incorporated on March 26, 2011 as HP Telecom India Private Limited, a Private Limited Company pursuant to a Certificate of Incorporation dated March 26, 2011 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, Company was converted to a Public Limited Company and the name was changed from to HP Telecom India Limited, and a fresh Certificate of Incorporation dated February 26, 2024 issued by the Registrar of Companies.The Company in March, 2011, initially engaged in the trading of mobile phones and accessories. Under the mentorship of its promoters, Mr. Vijay Yadav, Mrs. Seema Yadav,and Bharatlal Lalsingh Singh, the Company secured exclusive distribution rights for brands such as Sony LED TVs and Mobiles and other mobile brands, for the different Regions of Gujarat during the year 2014-15. Additionally, it expanded product to include LCD/LED home theatres, indoor/outdoor air conditioners, and other home appliances. In 2015-16, the Company further expanded its distribution portfolio by obtaining exclusive rights for Jio products in the West Region Trade Partner for Gujarat. In 2016, Apple made a strategic move to establish its presence in India, recognizing the immense potential of the market. Sensing the opportunity, the Company secured the distribution rights for the Vapi Region, aligning with Apples vision to expand its reach and provide cutting-edge technology solutions to customers.Currently, Company operates as the exclusive distributor of Apple products across significant territories, including Madhya Pradesh & Chhattisgarh, select cities in Uttar Pradesh, and major urban centers in Gujarat. It offer Apples iconic range of devices, comprising the iPhone, iPad, Mac, Apple Watch, and more, catering to the discerning tech-savvy consumers in these regions.The Company is planning the Initial Public Offer of 31,69,200 Equity Shares through Fresh Issue.