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HPL Electric IPO Details

Issue Open Sep 22, 2016
Issue Close Sep 26, 2016
IPO Price ₹202
Face Value ₹10
IPO Size ₹361.00 Cr
Listing At BSE, NSE
IPO Lot Size 70

HPL Electric IPO Schedule

  • Bid/Offer Opens On: Sep 22, 2016
  • Bid/Offer Closes On: Sep 26, 2016
  • Finalization of Basis of Allotment: Sep 29, 2016
  • Initiation of refunds: Sep 30, 2016
  • Credit of Equity Shares: Oct 3, 2016
  • Listing Date: Oct 4, 2016

Check HPL Electric IPO allotment status online by clicking the button below. If you have difficulties finding the HPL Electric & Power Ltd IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the HPL Electric IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for HPL Electric & Power Ltd IPO, check the 'basis of allotment' document.

HPL Electric IPO Allotment FAQs

The HPL Electric IPO allotment status will be available on Sep 29, 2016, as per the timeline provided in the red-herring prospectus.

Below are the steps to check HPL Electric IPO allotment status online:

  • Visit the HPL Electric IPO allotment status page.
  • Click on the green HPL Electric IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the HPL Electric IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of HPL Electric IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The HPL Electric IPO grey market premium gives some hint but the actual listing price is difficult to guess.

HPL Electric IPO allotment status is expected on Sep 29, 2016. Click the green button HPL Electric IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If HPL Electric IPO oversubscribed in the retail category, the HPL Electric IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The HPL Electric IPO shares will get listed on Tuesday, October 4, 2016. The equity share of HPL Electric & Power Ltd will list on BSE, NSE.

The reason you didn't get the HPL Electric IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The HPL Electric IPO will open for bidding on Sep 22, 2016. The IPO application closes on Sep 26, 2016.