HPL Electric IPO Subscription Details (Live Status)

HPL Electric IPO Details

IPO Open Sep 22, 2016
IPO Close Sep 26, 2016
IPO Price ₹202
Face Value ₹10
IPO Size ₹361.00 Cr
Listing At BSE, NSE
Lot Size 70
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HPL Electric IPO Subscription Status Live

HPL Electric IPO subscribed 8.06 times. The public issue subscribed 3.31 times in the retail category, 5.77 times in QIB, and 22.20 times in the NII category by Sep 26, 2016.

Investor CategorySubscription (times)
Qualified Institutions5.77
Non-Institutional Buyers22.20
Retail Investors3.31

HPL Electric IPO Subscription Details (times)

Day 1
Sep 22, 2016
Day 2
Sep 23, 2016
Day 3
Sep 26, 2016

HPL Electric IPO Shares Offered

HPL Electric IPO is a public issue of 14,440,001 equity shares. The issue offers 7,220,000 shares to retail investors, 4,125,715 shares to qualified institutional buyers, and 3,094,286 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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HPL Electric IPO Subscription FAQs

The HPL Electric IPO is subscribed 8.06 by Sep 26, 2016.

HPL Electric IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional5.77
Non Institutional22.20
Retail Individual3.31
Employee Reservations[.]
Total Subscription8.06

Retail category of HPL Electric IPO subscribed 3.31 times as of date Sep 26, 2016. The public issue closes on Sep 26, 2016 for bidding.

An investor can apply in HPL Electric IPO online via bank (using ASBA) or the broker (using UPI). The HPL Electric IPO shares are offered online only.

The HPL Electric IPO is subscribed 8.06 by Sep 26, 2016.

The HPL Electric IPO allotment status is expected on or around Sep 29, 2016. Visit HPL Electric IPO allotment status to check.

The HPL Electric IPO listing date is Tuesday, October 4, 2016. The equity share of HPL Electric & Power Ltd will list on BSE, NSE.

Visit HPL Electric IPO subscription status page for real-time bidding information about HPL Electric IPO.

HPL Electric IPO Timetable

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