What is the price band of the HPL Electric and Power IPO?

The price band is ₹175–202 per share, and the final issue price is ₹202.

What is the lot size of the HPL Electric and Power IPO?

The lot size has not been published yet.

When is the HPL Electric and Power IPO listing date?

The shares listed on 04 October 2016.

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

It was subscribed 8.06x overall: QIB 5.77x, NII 22.2x and retail 3.31x (NSE and BSE together).

HPL Electric and Power IPO

HPL Electric and Power Limited (HPL) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 04 October 2016.

Listed 4 Oct Subscribed 8.06x Listing gain -5.9%

Issue details

Price band

₹175–202

Issue price

₹202

Lot size

—

Min. retail bid

—

Issue size

₹417 Cr

Face value

₹10

Bidding

22 Sep – 26 Sep 2016

Listing

04 Oct 2016

Retail quota

35%

Registrar

Karvy Computershare Private Limited

Listing day

Listed at

₹190

-5.9% vs issue price ₹202

Day's high

₹198

-2.0% · low ₹184 (-8.8%)

Day's close

₹189

-6.3% · traded ₹281 Cr

Subscription status

Category	Shares offered	Shares bid for	Subscribed
QIB (institutions)	41,25,715	2,38,05,320	5.77x
NII (HNI) total	30,94,286	6,87,07,100	22.2x
Retail	72,20,000	2,38,89,180	3.31x
Total	1,44,40,001	11,64,01,600	8.06x

Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 18% of all shares bid for were at the cut-off price.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to HPL Electric and Power's, and how they listed.

IPO	QIB	NII	Retail	Total	Size	Listing gain	Day high
Larsen & Toubro InfotechJul 2016	19.9x	10.8x	7.39x	11.7x	₹1,242 Cr	-6.1%	0.0%
Dilip BuildconAug 2016	9.76x	79.6x	2.35x	20.9x	₹672 Cr	+9.6%	+16.4%
S.P. ApparelsAug 2016	2.21x	5.10x	1.90x	2.66x	₹254 Cr	+2.6%	+7.7%
L&T Technology ServicesSep 2016	5.01x	1.03x	1.75x	2.53x	₹894 Cr	+7.0%	+8.3%
Ujjivan Financial ServicesMay 2016	33.8x	135x	4.02x	40.7x	₹892 Cr	+10.4%	+16.5%
Infibeam IncorporationMar 2016	0.86x	2.23x	1.31x	1.11x	₹1,148 Cr	+4.9%	+8.1%

Lead managers and their listing record

Book running lead manager	Mainboard IPOs since 2019	Avg listing gain	Listed at a premium
SBI Capital Markets	56	+16.7%	61%
ICICI Securities	109	+21.3%	69%
IDFC Bank	—	—	—

Offer documents (NSE)

Red Herring Prospectus (zip) Basis of issue price (zip) Anchor allocation (zip)

Frequently asked

What is the HPL Electric and Power IPO price band and lot size? ₹175–202 per share.

How many times has it been subscribed? 8.06x overall: QIB 5.77x, NII 22.2x, retail 3.31x.

How did it list? It opened at ₹190, -5.9% against the issue price of ₹202, and closed its first day -6.3%.

Other IPOs of 2016

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Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.