HPL Electric IPO Subscription Status – IPO Subscribed 8.06 times

IPO Initial Public Offerings

HPL Electric IPO Subscription: Detail of Subscription from Sept 19 to Sept 21.

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%.

HPL Electric & Power IPO Subscription: (Fully Subscribed)

DayQIBNIIRIITotal
Day 10.000.000.120.06
Day 2 0.360.380.350.28
Day 3 5.7722.203.318.06

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
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