HP Telecom India’s Rs 34 crore SME IPO is set to open for bidding on February 20, offering 31.7 lakh shares at Rs 108 each. As a key Apple products distributor across several Indian states, the company heavily relies on Apple for over 80% of its revenue. HP Telecom India’s Rs 34 crore SME IPO is set to open for bidding on February 20, offering 31.7 lakh shares at Rs 108 each. As a key Apple products distributor across several Indian states, the company heavily relies on Apple for over 80% of its revenue. Economic Times