HPL Electric IPO Price Band, Market Lot & Dates Details

IPO Initial Public Offerings
HPL Electric & Power IPO is coming up on 22nd of September. It will be good to see primary market is lighten up with good IPOs. HPL Electric & Power Ltd is manufacturer of electric equipments, metering solutions, switches, light equipments, wires and cables. They are selling and manufacturing under HPL Brand. The company has registered stable PAT in last 5 years. Comparing to the revenues it increased around 9-10% from last years same PAT increased as well. Stock market looks positive for next few weeks so subscribe for this IPO for listing gains.

HPL Electric Review:
“Subscribe” for IPO for Listing Gain & Long Term Gain as well.

HPL Electric IPO Dates & Price Band:

  • IPO Open: Sep 22, 2016
  • IPO Close: Sep 26, 2016
  • IPO Size: Approx Rs.361 Crores (QIB 50%, NIB 15%, Retail 35%)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 175 – Rs. 202
  • Listing on: BSE & NSE

HPL Electric IPO Market Lot:

  • Shares: Apply for 70 Shares (Minimum Lot Size)
  • Amount: Rs. 14,140

HPL Electric IPO Allotment & Listing: (Approx)

  • Basis of Allotment: 29-September-2016
  • Refunds: 30-September-2016
  • Credit to demat accounts: 01-October-2016
  • Listing: 04-October-2016
  • Note: Refer Page No – of RHP

HPL Electric & Power Financial:
HPL Electric & Power Ltd registered around 10% growth in this year compared to last year. The PAT increased 37 crore from 34 crore while revenues increased from 1050 crore to 1120 crore. As per the company’s business it seems it has good growth ahead. In last five years when compare to March 2012 company’s growth in PAT is 28% up while Revenues up by 55%.

Company Promoters:

  • Lalit Seth
  • Havell’s Pvt Ltd

Quick Links:
Draft Prospectus with SEBI
Red Herring Prospectus

IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com

IPO Lead Managers:

  • SBI Capital Markets Limited
  • ICICI Securities Limited
  • IDFC Bank Limited

Company Address:
HPL Electric & Power
1/21, Asaf Ali Road, New Delhi – 110 002
Phone : 91-11-23234411, Fax : 91-11-23232639
E-mail : [email protected], Website : www.hplindia.com
Export Office : 91-11-23234811, 23236811
E-mail : [email protected]

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