HPL Electric IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 22/09 - 26/09
Issue Size ₹361.0 Cr
Issue Price ₹175 - 202
Market Lot 70 Shares
Shares on Offer
Registrar
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date 04-Oct
Listing Price ₹190
Listing Gain% -5.95

About HPL Electric & Power Ltd IPO

HPL Electric and Power Limited ("HPL"), a multi-product electric equipment company, is an established player in the electrical equipment industry. The Company has always believed in being technically abreast and keeping focus on the design and development of products. HPL has two R&D centres, with over 100 engineers for designing &developing modern products. The R&D Centres are approved by the Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India.

HPL's product range is divided into ftheir verticals - Metering Solutions, Switchgears, Lighting Equipment and Wires & Cables.

HPL had the largest market share inthe market for electricity energy meters in India in fiscal 2015, with one of the widest portfolios of meters in Indiaand the fifth largest market share for LED lamps during the corresponding period. HPL is also the oldest manufacturer of LV switchgears in India with nearly 50% market share in changeover switches in fiscal 2015, and has an established presence in the market for CFLs, with increasing focus on manufactureand supply of LED lamps, and wires and cables.(Source: Frost & Sullivan).HPL has over 90 branch offices and representative offices spread across India with over 2,000 authorized dealers who sell their products to over 12,000 retailers. HPL has a manpower team comprising 1,943 people and also has presence overseas.

HPL's products have been certified to conform to Indian and International standards such as ISI, CE and KEMA.

Please refer to http://www.hplindia.com for details.

Company Financials

Particulars 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets (In ₹ Millions) 13,489.73 11,417.30 9,857.00 9,071.08 7,678.04
Total Revenue (In ₹ Millions) 11,201.19 10,498.32 10,122.77 1,169.80 1,126.58
Profit After Tax (PAT) (In ₹ Millions) 530.95 -21.33 -129.71 -50.01 -48.11

HPL Electric & Power Ltd IPO IPO Reviews

  • Rating: 
  • Recommendation:
  • HPL Electric opens at Rs. 190, down -5.95% from listing price.
  • HPL Electric to list on 4th October 2016. They are not very optimistic on this stock.

Subscription Details

Date & Time QIB NII RII Total
Day 1 - Sep 22,2016 0.00 0.00 0.12 0.06
Day 2 - Sep 23,2016 4.28 1.08 3.26 3.08
Day 3 - Sep 26,2016 5.77 22.20 3.31 8.06

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

HPL Electric & Power Ltd IPO IPO FAQs

  1. When will HPL Electric & Power Ltd IPO IPO open?

    HPL Electric & Power Ltd IPO IPO will open on 22/09 and close on 26/09.

  2. What is the listing date of HPL Electric & Power Ltd IPO IPO?

    HPL Electric & Power Ltd IPO IPO will list on 04-Oct.

  3. What is the offer price of HPL Electric & Power Ltd IPO IPO?

    The offer price of HPL Electric & Power Ltd IPO IPO is ₹175 - 202.

  4. What is the lot size of HPL Electric & Power Ltd IPO IPO?

    The lot size of HPL Electric & Power Ltd IPO IPO is 70.

  5. What is the Grey Market Premium (GMP) price of HPL Electric & Power Ltd IPO IPO?

    The Grey Market Premium (GMP) price of HPL Electric & Power Ltd IPO IPO is Not Available at the moment.

  6. What is the Kostak price of HPL Electric & Power Ltd IPO IPO?

    The Kostak price of HPL Electric & Power Ltd IPO IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for HPL Electric & Power Ltd IPO IPO?

    The Subject to Sauda price for HPL Electric & Power Ltd IPO IPO is Not Available at the moment.

HPL Electric & Power Ltd IPO IPO Review/Comments

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