HPL Electric IPO| Subscription Dates | 22 – 26 September 2016 |
| Price Band | INR175 – 202 per share |
| Fresh Issue Size | INR361 crore |
| Total IPO size | INR361 crore |
| Minimum bid (lot size) | 70 shares |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
| Fresh issue size | INR361 crore |
| Repayment of debt | INR130 crore |
| Working capital requirements | INR180 crore |
| Name of shareholder | Equity Shares | Percentage (%) |
| HPL India Limited | 11,738,238 | 25.28 |
| Havells Electronics Private Limited | 11,652,130 | 25.10 |
| Lalit Seth | 7,703,098 | 16.59 |
| Himachal Energy Private Limited | 5,625,000 | 12.12 |
| Havell’s Private Limited | 2,842,655 | 6.12 |
| Gautam Seth | 2,231,740 | 4.81 |
| Rishi Seth | 2,231,740 | 4.81 |
| Praveen Seth | 2,133,098 | 4.59 |
| Amerex India Private Limited | 210,000 | 0.45 |
| Chandra Prakash Jain | 37,500 | 0.08 |
| Total | 46,405,199 | 99.96 |
|
HPL Electric’s financial performance (in INR crore) |
|||||
| FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | |
| Total revenue | 724.3 | 915.7 | 1016.0 | 1051.8 | 1121.2 |
| Total expenses | 686.3 | 874.0 | 978.3 | 1007.9 | 1072.8 |
| Profit after tax | 28.3 | 31.4 | 28.3 | 34.6 | 36.6 |
HPL Electric’s IPO Subscription Details
| Category | Shares offered |
Subscription (no. of times, at 7 PM) |
||
| Day 1 | Day 2 | Day 3 | ||
| QIB | 4,125,715 | 0.00 | 0.35 | 5.76 |
| NII | 3,094,286 | 0.00 | 0.01 | 22.20 |
| Retail | 7,220,000 | 0.12 | 0.37 | 3.19 |
| Total | 14,440,001 | 0.06 | 0.29 | 8.00 |
HPL Electric IPO Allotment Status
HPL Electric’s IPO allotment status is now available on Karvy Computershare’s website. Click on this link to get allotment status.
Articles about HPL Electric
HPL Electric Contact Details
HPL Electric & Power Ltd
1/21, Asaf Ali Road,
New Delhi 110 002
Phone: +91 011 2323 4411
Fax: +91 011 2323 2639
Email: [email protected]
Website: www.hplindia.com
What we are reading
Engineering Review: HPL: The Innovator Of Technology In India
Project Reporter: Lalit Seth, Chairman and Managing Director, HPL Electric & Power Ltd
Registrar of HPL Electric IPO
Karvy Computershare Private Limited
Karvy Selenium Tower B,
Plot 31-32, Gachibowli, Financial District
Nanakramguda, Hyderabad 500 032
Telangana, India
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: http://karisma.karvy.com
Listing Performance of HPL Electric IPO
IPO Opening Date: 22 September 2016
IPO Closing Date: 26 September 2016
Finalisation of Basis of Allotment: 29 September 2016
Initiation of refunds: 30 September 2016
Transfer of shares to demat accounts: 3 October 2016
Listing Date: 4 October 2016
Listing Price on NSE: INR190 per share (discount of 5.9% on IPO price)
Closing Price on NSE: INR190 per share (discount of 5.9% on IPO price)
Some important figures for HPL Electric & Power
EPS
6.2 in 2013/14
7.42 in 2014/15
7.98 in 2015/16
PE ratio 25.6X at higher band of 202
Clear avoid, no hope of making money in this ipo
Sir your analysis has been correct in ICICI Pru and l&t. What do you suggest in endurance??
Frankly, HPL has not disappointed me as I was sure it will be a discounted listing…
Endurance has a much better busienss than HPL. Apply banta hai
Absolutely true, it is very expensive at these rates. Better to invest in bigger n more profitable companies. There must be even index companies available at these prices.
ANchor list out
http://www.bseindia.com/markets/MarketInfo/DownloadAttach.aspx?id=20160921-41&attachedId=b4e9f057-fd65-4bda-b2b4-b6df9eccbe5d
No big names except Nomura and Birla Sun LIfe.
give me allotment details of hpl ipo so allotment ya not. application nmbr 24262070
Imran, this is the link to chk allotment https://kcas.kfintech.com/ipostatus/
i check sir but not available to status
so pls help us