HPL Electric & Power Ltd IPO Message Board (Page 17)

Those, who dont understand the value of HPL, Kindly dont post your useless comments. The company is very good in terms of medium to long term perspective. Septji, the comment posted by you is ****. The reason, why i am saying is that, the debt which currently stands at Rs. 540-550cr. This will be reduced drastically after the issue, which will reduce debt/equity to 0.33x against 1.55x. So they will save huge in terms of finance cost, which will eventually improve bottomline. Further, Himachal margins are more than HPL standalone business and the plant utilization is just 40% for himachal so increasing utilization will lead higher revenue contribution from himachal, which is currently ~6%. Just assume 10% contribution on the conservative side, the operating margins will be expanded by at least 1% in FY17. FY16 PAT (not pro forma) was around 35cr, they will do at least 80-90cr in FY17. Just give multiple of 20x (40-50% discount than havells & v-guard), the mcap should be around 1600-1800cr (potential upside of ~40%).

Also please look at Anchor list, Prashant jain (HDFC MF fund manager) is not fool by acquiring 36% of anchor size.

bhai tare bharvo hoy toh bharne... I will Avoid this IPO ;)

By keeping name you cannot become like Warren Buffet.. It u have knowledge your name will over take warren buffet.. Don''t take help of name..
Secondly everybody is putting their views here. You are not the one to order anyone what to write or not to write... Keep ur views with u and apply..

My IDBI bank not showing the ASBA application of this IPO

how can i apply then?

IDBI Bank is banker of HPL and you may apply through physical form. However, before that you may check Online platform of bank again, it may have been enabled by that time.

If your Bank''s website/netbanking login doesn''t shows live IPO Name, you may file your offline ASBA Application at your nearest Broker''s Office. And keep the acknowledgement counter slip of the application for your reference. Many Broker''s are working in big retail volume for IPO, etc. for example you can try 9Star Broking. It''s pretty helpful. Even you can give your ASBA Bank and Pan Details through a online link and can get a printed IPO form. Nice services by 9Star.

https://docs.google.com/forms/d/e/1FAIpQLSdrDKdzO6XQxjeetmmce4T_WooxeAwm8UBX-AMel30dDT81pQ/viewform

Gmp ??

Avoid this IPO. It should reduce the price band upto 150 rupee.

Apply at lower price band

HPL IPO will give good returns

Pinky ur views pls

Pinky said avoid GNA. But it got heavily subscribed.

Pinkyben su kehvu che GNA nu?

@Sunil, do not mock people if they have suggested something. You do not have any views yourself and simply copying others , still mocking others.

Valuation

· At a price band of INR 175-202, the issue is priced at 23.3-26.9x (post-issue), after consolidating the business of Himachal Energy, that was merged with the company in May 2016. The valuations at the offer price are at a ~29% discount to the valuation of peers like Havells, V-Guard, and Finolex Cables (Average TTM P/E: 38x).

· The company has low return ratios and high skew of product mix towards industrial categories.

· Post the repayment of debt, the interest costs of the company will come down significantly, but on account of dilution of equity, its ROE’s will remain at similar levels. Any significant improvement in ROCE’s will be hinged on the improvement in WC cycle going forward.

· We believe the IPO is fairly priced leaving little scope for re-rating.

Latest GMP???

I have applied for 1 lot at cut-off price. Jo hoga dekha jayega :p

Granules India @122 looks a good fundamental investment option .... Great medium long term stock ... Pharma space

PE around 20 against industry PE 28 !!

Should be accumulated ...

Avoid don''t apply it will extend for three more days.

Total issue subscribed .0592 times
Mostly retail participation. No QIB N HNI on first day

Agar 2 lack se jyada rs ka apply karna hai to kaise karenge.

what will happen if 50% Retail apply at Higher Band 202 and 50% Retail apply at lower band 175 ? Will all get allotment at applied price or different scenario ?

Issue will be susbscribed by more than 20 times minimum, see on the last day

The above IPO will give good return in the near future.

On what basis you are assuming that HPL Electric will give handsome return.

All should bid this IPO at lower price band. All retailers, HNI plz bit at lower price band

Agree.. apply at lower Price band..

All Members should provide their Opinion..

Let''s all bid at lower band.

what will happen if 50% Retail apply at Higher Band 202 and 50% Retail apply at lower band 175 ? Will all get allotment at applied price or different scenario ?

HPL Electric and Power Limited is good company and you can buy its share
Good for Investment

Avoidddddddddd

The company on Wednesday allocated 53,61,385 equity shares to 13 anchor investors at Rs 202. The anchor investors include HTCL-HDFC Prudence Fund, Birla Sun Life Emerging Leaders Fund-Series I, Copthall Mauritius Investment Ltd, IDFC Sterling Equity Fund, Nomura Singapore Ltd and Baroda Pioneer Growth Fund.

Source: Economic times, Money control

So this means QIBs (MFs) have already invested in the IPO..

Can anybody share the today''s subscription of HPL Electric IPO?

Latest gmp hpl

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