HPL Electric & Power Ltd IPO Message Board (Page 15)

I think HPL promoters and lead managers are stupid to come out with an IPO just after mega size IPO of I Pru. All liquidy will be blocked...

GNA AXLES REFUNDS...WILL CASH FLOW HPL ELECTRIC IPO......FURTHER TECHNICAL REJECTS OF ASBA NON BLOCKS OF ICICI WILL FURTHER INCREASES SUBSCRIPTION OF HPL ELECTRIC IPO

They are not stupid because they dont want heavily over subscribition

I will wait after tomorrow till 1 pm , latest subscribsion data..

i have zerodha trading account(not asbs facillity) , but want to apply ipo from my sbi a/c is it possible to apply , kindly suugest me am new in IPO industries .

Dear friend,
you have to apply from your internet banking login of SBI and you will be asked to give the DMat account numbers, so you have to give the DMat account number.
so once u get allottment you will get the shares credited to your Zerodha account and amount will be debited from your SBI account....

SBI allows one to apply up-to 5 DMat accounts from one bank account. on last day of IPO you can apply up-to 2PM.

There is difference between trading a/c and demat a/c

shares get credited in demat a/c not trading a/c

you must have demat account

if i go bank for submit ipo form then ammount is immediately blok by bank or after 2-3 days ammount is blok?pls give ans because my chek is pending and it clear on tuesday

Last date is on Monday.....BANKER may ASBA on Monday also

If you hand over Application to designated bank directly then it should get blocked same day. If you submit through broker then it takes 1 to 3 days. You should always ensure to have funds in the bank before submitting your application.

Hpl apply or avoid ?

Avoid if you are retail investor. Topline growth is under pressure from last 2 years. CAGR is only 3.5 % which is very low. I am suggesting to look for 2 3 quarter see how balance sheet will looks after reducing debt then enter into this company.

I am unable to apply through hdfc...didn''t show name in current ipo...whts the prob?

Fair value Rs 280
see on listing day
and IPO oversubscription

As per my valuation matrix, fair price of HPL comes at Rs 111 only (standard benchmark valuation model)

Since BRLM’s have priced the issue at Rs 202, we shall compare its valuations with peers
Company……….PE……….
Havells………….21.07 (Consolidated)
Techno Elec……22.94
Honda       Siel….27.45
HBL Power……..44.44
Bharat Bijlee…...51.40
Swelect Energy..26.76
Salzer Elec…….18.61
Veto Switch…….26.06
AVERAGE PE….29.84

If we give industry average PE of 29.84 to HPL, its fair value comes at Rs 235

Industry average PE excluding HBL Power and Bharat Bijlee is 23.82, then fair price comes at Rs 188

Issue would have been very attractive if priced at Rs 175 (lower band)

Anyway, I expect 5% listing gains and may see Rs 212 on screen

This doesn''t mean that I recommend you guys to apply, above valuations are for learning and educational purpose only

Boarders suggestions and contributions invited

my fair price method formula:-

2 times book 76.3*2=Rs 152.6
18 times earnings 7.89*18=Rs 142.02
1.5% dividend yield 0.1/0.015=Rs 6.66
Average of above three valuations 100.43
Now, give it a RONW premium i.e. (EPS/BV)*100 or (7.89/76.3)*100=10.34%
100.43+10.34%=Rs 111

PS:- Valuation is less because of low dividend yield on investment. Company paid dividend of 0.10 (Ten Paisa) only for financial year 2015-16 which translates to dividend yield of only 0.05% as against standard dividend payout of 1.5%.

If after IPO with increase in EPS as suggested by Dr Sethia above company increases the dividend payout then fair value can increase further

Standard Benchmark valuation model is relevant only when you want to make a long term investment in a company, for short term this valuation model will not work

CORRECTION
as against standard dividend yield of 1.5%

@lakho baroda, there still exist risk of forgoing more profits if HPL lists at premium of more than Rs 11. Companies leverage will reduce post IPO and balance sheet will look healthy and this will increase future cash flows which will help the stock price to stay at higher valuation. I am not expert to give specific comment on listing day gains it all depends on sentiment

how can i apply for more than 1 lot and get accepted? Is it possible as an retail investor?

If i apply for more lots less than 200000 rs, than also i can get only 1 lot as per new SEBI rules.

What if i apply for more than rs 200000? Can i get allotment?

Yes, you''ll get allotment but it will be divisible by number of times the category is subscribed

eg. you applied Rs 300000 and issue is subscribed 100 times in NII then you''ll get shares worth Rs 3000 only

Applied 17 lot

Kostak is like hiring of a womb! you can buy (sell) an application form in somebody elses name, who has a DP account and reap the benefit.... Thus you can submit application in others DP account, against a consideration. on Allotment, the beneficiary has to transfer the allotted shares againt the allotted money plus Kostak(i .e. per application rate is 400 to 450 in grey market so on one application 70 shares may be allotted then grey market price is 5 to 6 is it correct ?any body.| | |

Will be Apply Apply Apply on Monday

Boom in kostak of HPL. 500 At jaipur & Alwar
Must invest,100 time better then LNT

Tentative Time Table for HPL Electric & Power Ltd

Allotment anoucement :29 September 2016
Asba unlocking : 30 September 2016
Shares Credit to Demat account:3 October 2016
Listing and commencement of trading : 4October 2016

Endurance Technologies Ltd.

Issue Opens 5th October
Issue Closes 7th October

Price band Upper 470 (To be Decided Next week)
Size 1150 Cr
Retail 35%

BRLM Axis Capital

Hpl Electric & Power Ltd. Ipo not avoid kostak Rs.300 to 400.

HPL IPO KOSTAK 400 in ahmedabad

sir KOSTAK ka kya matlab h? Pleasse

100 times better than L&T tech.
must apply

post ipo nav value 111 and roe 15 percent so with reduction in interest cost and subsidiary inclusion fair value 270 and issue price 202 so i apply with full force hpl

What is KOSTAK 400/450 ?