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HPL Electric & Power Ltd IPO (HPL Electric IPO) Detail

Sep 22, 2016 - Sep 26, 2016

Incorporated in 1992, HPL Electric & Power Ltd is a electric equipment manufacturing company engaged in the business of manufacture and sell electric equipments including, metering solutions, switchgears, lighting equipment and wires and cables under the HPL brand. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.

Company's portfolio includes single phase, three phase, LTCT, and prepayment meters; switchgears, such as air circuit breakers, mini circuit breakers, on-load changeover switches, control gears, modular switches, and moulded case circuit breakers distribution panels under the HPL Techno, HPL Rakshak, and bsafe brands; light-emitting-diode lamps, luminaires, and compact fluorescent lamps; and wires and cables. Visit chittorgarh.com for more detail.

HPL supply their products through a network of authorized dealers or distributors to institutional, non-institutional and corporate customers as well as developers of residential and commercial building projects, OEMs and to industrial customers through a mix of direct sales and supply through authorized dealer network. They also supply their products to Power Utilities, which primarily includes supply of meters under direct contractual arrangements to electricity boards and power distribution companies, as well as through project contractors.

Company Promoters:

The promoters of the company are:

1. Lalit Seth
2. Havell's Pvt Ltd

Company Financials:

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 13,489.73 11,417.30 9,857.00 9,071.08 7,678.04
Total Revenue 11,201.19 10,498.32 10,122.77 9,075.44 7,188.55
Profit After Tax (PAT) 370.43 344.43 287.84 314.14 287.56

Objects of the Issue:

The object of the issue are to:

1. Repayment/ prepayment of certain indebtedness;
2. Funding working capital requirements; and
3. General corporate purposes.

HPL Electric IPO Details

Issue OpenSep 22, 2016 - Sep 26, 2016
Issue TypeBook Built Issue IPO
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹361.00 Cr)
Face Value₹10 Per Equity Share
Issue Price₹175 to ₹202 Per Equity Share
Market Lot70 Shares
Min Order Quantity70 Shares
Listing AtBSE, NSE

HPL Electric IPO Tentative Date / Timetable

Bid/Offer Opens OnSep 22, 2016
Bid/Offer Closes OnSep 26, 2016
Finalisation of Basis of AllotmentSep 29, 2016
Initiation of RefundsSep 30, 2016
Credit of Shares to Demat AcctOct 3, 2016
IPO Shares Listing DateOct 4, 2016

HPL Electric IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum170₹14,140
Maximum14980₹197,960

HPL Electric IPO Subscription Status (Bidding Detail)

HPL Electric IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

4,125,715

3,094,286

7,220,000

14,440,001

Sep 26, 2016 18:00

5.77x

22.20x

3.31x

8.06x

HPL Electric IPO Prospectus

HPL Electric IPO Rating

1004
4.0
Rating:Rated 4.0 stars

Vote Here ...

HPL Electric IPO Listing Date

Listing DateTuesday, October 4, 2016
BSE Script Code540136
NSE SymbolHPL
Listing InB
ISININE495S01016
Issue Price₹202 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE
₹202.00
₹190.05
₹184.30
₹198.00
₹189.05
3,381,060
NSE
₹202.00
₹190.00
₹184.25
₹198.00
₹189.30
14,845,911

HPL Electric IPO Reviews / Ratings

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Company Contact Information

HPL Electric & Power Ltd
1/21, Asaf Ali Road,
New Delhi 110 002


Phone: +91 11 2323 4411
Email: hplcs@hplindia.com
Website: http://www.hplindia.com

HPL Electric IPO Registrar

Karvy Computershare Private Limited
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: hplep.ipo@karvy.com
Website: https://karisma.karvy.com/

HPL Electric IPO FAQs

  1. 1. What is HPL Electric IPO?

    HPL Electric IPO is a main-board initial public offering of [.] equity shares of the face value of ₹10 aggregating up to ₹361.00 Crores.

    The issue price of the IPO is ₹175 to ₹202 Per Equity Share. The minimum order quantity is 70 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Sep 22, 2016 and closes on Sep 26, 2016.

    Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. 2. When HPL Electric IPO will open?

    The HPL Electric IPO opens on Sep 22, 2016 and closes on Sep 26, 2016.

  3. 3. How to apply for HPL Electric IPO?

    HPL Electric IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When HPL Electric IPO allotment?

    The finalization of Basis of Allotment for HPL Electric IPO will be done on Sep 29, 2016, and the allotted shares will be credited to your demat account by Oct 3, 2016. Check the HPL Electric IPO allotment status.

  5. 5. When is HPL Electric IPO listing date?

    The HPL Electric IPO listing date is on Tuesday, October 4, 2016, at BSE, NSE.
  6. 6. What is the lot size of HPL Electric IPO?

    HPL Electric IPO lot size is 70 Shares and the minimum order quantity is 70 Shares.

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HPL Electric IPO Review / Comments

Aweak
433. Aweak  Nov 13, 2016 18:17 I Like It. | Report Abuse
Invest in other ipo or other equity... Or book profit. Never much more in hpl..
Result will declare on 14th November..
Aweak
432. Aweak  Nov 13, 2016 18:13 I Like It. | Report Abuse
Sell it''s bad ipo...
I book lost 2800 in 1 lot
abbas
431. abbas  Oct 15, 2016 11:25 I Like It. | Report Abuse
hi @ All,

i have got 1 allot of HPL ipo. What should i do . SELL OR HOLD.

Expert pls advice i m new in market
bhart
430. bhart  Oct 13, 2016 14:00 I Like It. | Report Abuse
Hello Eagleeye,

Please help, as HPL ka 1 lot allotment hua tha mujhe, The prices are going down day by day. What should I do Sell or Hold
navneetkgoel
430.1. navneetkgoel  Oct 13, 2016 14:34 I Like It. | Report Abuse
Sell target 140
ddma
429. ddma  Oct 9, 2016 14:01 I Like It. | Report Abuse
Buy Kushal trade link cmp target 400 till March 2017
Earning Ideas
428. Earning Ideas  Oct 9, 2016 13:14 I Like It. | Report Abuse
Start collecting for 1 year
SUNNY JIGNESHBHAI RATHOD
427. SUNNY JIGNESHBHAI RATHOD  Oct 9, 2016 12:40 I Like It. | Report Abuse
At current level HPL ELECTRONIC is hold or sell????
SHAR KHAN
426. SHAR KHAN  Oct 9, 2016 12:40 I Like It. | Report Abuse
target 163
Mumbai DON
425. Mumbai DON  Oct 8, 2016 11:55 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Buy buy buy in bulk
Till Friday vil go above 230
Inside serious news
Don''t miss an opportunity
Yash G
425.1. Yash G  Oct 18, 2016 11:04 I Like It. | Report Abuse
Kounsa Friday tha ....matlab ki ek Friday to nikal gaya
Mumbai DON
425.2. Mumbai DON  Oct 18, 2016 21:11 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
U should check every Friday.
Just don''t take it as home work.
navneetkgoel
424. navneetkgoel  Oct 8, 2016 11:44 I Like It. | Report Abuse
My target for HPL if Rs 130..
Septa
423. Septa  Oct 8, 2016 10:11 I Like It. | Report Abuse
IPO Guru IPO Guru (3900+ Posts, 4400+ Likes)
earlier i had said 175 see some value. Would now like to down grade given peers also have price pressure. Now i think it can get lower 150 level.
A.K. Goyal
423.1. A.K. Goyal  Nov 20, 2016 12:12 I Like It. | Report Abuse
SIR IT IS AT 100, SHALL WE BUY OR WAIT AND WATCH.
gamble
422. gamble  Oct 7, 2016 19:53 I Like It. 2 | Report Abuse
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
All that glitters(in sub. Fig/gmp) is not gold.

People calculating loss of 6000cr ipo .only 4-5%.....strong...will vanish in nxt week itself if mkt supports.

And

For 361cr ipo 12%...!!!...can''t say when it will b vanish..?!

But Good buy @ below 170/165(if it comes)
Harishbhai
421. Harishbhai  Oct 7, 2016 13:10 I Like It. | Report Abuse
Hello egaleye plz guide on HPL.
Silapathar
421.2. Silapathar  Oct 7, 2016 17:52 I Like It. 1 | Report Abuse
Exit and buy MGL
navneetkgoel
421.3. navneetkgoel  Oct 8, 2016 11:43 I Like It. | Report Abuse
MGL, RBL, GNA and ICICI pru good to enter now ...
Harishbhai
420. Harishbhai  Oct 6, 2016 11:35 I Like It. | Report Abuse
Dear egaleye what did u say about HPL
Plz guide .
sam cambatta
419. sam cambatta  Oct 6, 2016 11:12 I Like It. | Report Abuse
What are the rules for intra-day trading in new listings?
PearlRohit
418. PearlRohit  Oct 6, 2016 10:21 I Like It. | Report Abuse
HPL ELECTRIC & POWER LTD.
NAM BADE AUR DARSHAN KHOTE.

QUICK HILL IPO
BHOLI SURAT DIL KE KHOTE.
NAM BADE AUR DARSHAN KHOTE.

I AGAIN REMEMBER
QUICK HILL HAS ONLY ONE CORPORATE OFFICE.
NOT MANY ASSETS HAS COMPANY
AVOID THIS COMPANY
PearlRohit
417. PearlRohit  Oct 6, 2016 10:19 I Like It. | Report Abuse
NAM BADE, DARSHAN CHHOTE
arbandyo
416. arbandyo  Oct 5, 2016 09:27 I Like It. | Report Abuse
Dear all we retailer looks the subscription and apply but still we repent on the discount list ing. We can''t something it''s market volatility persists. Still Marchant banker are greedy they keep nothing to book profit.
Prats
415. Prats  Oct 5, 2016 00:09 I Like It. 2 | Report Abuse
Thanks ICICI and HPL, We desperately need such issues to push idiots out of primary market, now a reasonable no. of idiots will be reluctant to enter primary market for sometime and we can see better pricing and allotment in future IPOs.
See the positive side guys who haven''t applied in these IPOs...Cheers
Uraheja2000
414. Uraheja2000  Oct 4, 2016 22:39 I Like It. | Report Abuse
pl tell the status of my applications , 30373625 ,30373626 ,30373637,



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