HPL Electric IPO Subscription Status – IPO Subscribed 8.06 times

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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)

Day QIB NII RII Total
Day 1 0.00 0.00 0.12 0.06
Day 2 0.36 0.38 0.35 0.28
Day 3 5.77 22.20 3.31 8.06

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

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.