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Open
22 Sep 2016
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Close
26 Sep 2016
3
Allotment
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Listing
Tue, Oct 4, 2016
Price Band
₹175 to ₹202
Issue Size
1,78,71,287 shares (agg. up to ₹361 Cr)
Lot Size
70 Shares
Listing Date
Tue, Oct 4, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 6.74x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Crown Lifters Ltd. | SME | ₹6.68 Cr | ₹121 | null | ₹109.00 | -9.92% | ₹112.93 (-0.68%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment of certain indebtedness | 130.00 |
| 2 | Funding working capital requirements | 180.00 |
| 3 | General corporate purposes | 26.96 |
About HPL Electric IPO
Incorporated in 1992, HPL Electric & Power Ltd is a electric equipment manufacturing company engaged in the business of manufacture and sell electric equipments including, metering solutions, switchgears, lighting equipment and wires and cables under the HPL brand. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Company's portfolio includes single phase, three phase, LTCT, and prepayment meters; switchgears, such as air circuit breakers, mini circuit breakers, on-load changeover switches, control gears, modular switches, and moulded case circuit breakers distribution panels under the HPL Techno, HPL Rakshak, and bsafe brands; light-emitting-diode lamps, luminaires, and compact fluorescent lamps; and wires and cables. Visit chittorgarh.com for more detail.HPL supply their products through a network of authorized dealers or distributors to institutional, non-institutional and corporate customers as well as developers of residential and commercial building projects, OEMs and to industrial customers through a mix of direct sales and supply through authorized dealer network. They also supply their products to Power Utilities, which prima
Contact Details
HPL Electric & Power Ltd. Address1/21, Asaf Ali RoadDelhi, New Delhi, 110002+91 11 2323 4411hplcs@hplindia.comVisit Website