HPL Electric IPO Listing Details

HPL Electric IPO Listing: It was not a good listing for investors perspective. The things were going wrong in last few IPOs and HPL Electric did the same by listing in red. The stock listed at 6% discount and closes at the same rate.

HPL Electric IPO to list on BSE and NSE on 04-October-2016, Tuesday. HPL Electric got good subscription in all the segments (8.06 times overall) but after its last day of subscription the grey market premium is going down and down day by day. As on today it was around 5 – 10 Rs. with sellers. The market is on positive side so one can expect the stock to list in green.

HPL Electric & Power Limited IPO Listing Date, Listing Price, BSE Code, NSE Code, ISIN Number & Other Details are given below:

BSE Code: 540136
NSE Code: HPL
Group: B
ISIN: INE495S01016
Offer Price: Rs.202
Face Value: Rs.10
Listing Date: Tuesday, October 04, 2016

BSE Listing Price:
Listing Price: 190.05
High: 198.00
Low: 184.30
Close: 188.90

NSE Listing Price:
Listing Price: 190.00
High: 198.00
Low: 184.25
Close: 190.00

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.