Exchanges
BSE, NSE
Industry
Industrial Products
Issue
Book building

HPL Electric & Power IPO

₹189.30

−6.29% on listing

Listing-day close · NSE · 4 Oct 2016 · issue price ₹202

HPL Electric & Power’s ₹361 crore IPO was priced at ₹202 a share. It listed on the NSE on 4 Oct 2016 and closed its first day at ₹189.30, down 6.29% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹361 Cr
Fresh issue
₹361 Cr
Offer for sale
—
Lot size
70 shares
Minimum investment
₹14,140
Face value
₹10
Registrar
Kfin Technologies

Subscription

HPL Electric & Power IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—6.74×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,299 Cr
Promoter holding
99.92% → 72.15%

From the offer documents.

Listing

Listing date
4 Oct 2016
Issue price
₹202
Open
₹190.00
High
₹198.00
Low
₹184.25
Close
₹189.30

Listing day on the NSE. The close was −6.29% on the issue price.

HPL share price today

FAQs

When did the HPL Electric & Power IPO open and close?

It opened on 22 Sep 2016 and closed on 26 Sep 2016.

What was the HPL Electric & Power IPO price?

The price band was ₹175–202 a share. The final issue price was ₹202.

What is the lot size and minimum investment?

One lot is 70 shares, ₹14,140 at ₹202 a share. Retail investors apply in whole lots.

How much did HPL Electric & Power raise?

₹361 crore: ₹361 crore of new shares.

How many times was the HPL Electric & Power IPO subscribed?

6.74 times overall.

How did HPL Electric & Power list?

It listed on the NSE on 4 Oct 2016 at ₹190.00 and closed the day at ₹189.30, down 6.29% on the ₹202 issue price.

Who is the registrar of the HPL Electric & Power IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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