HPL Electric & Power Ltd IPO Message Board (Page 18)

Hpl application rate?

As on 22-Sep-2016 14:31:13 IST

Total Issue Size      1,44,40,001
Total Bids Received      5,03,090
Total Bids Received at Cut-off Price      4,01,660
No. of times issue is subscribed      0.03

Clear avoid this ipo

Beware investors:

There is no relation between HPL Electric and Havells. Today Havells clarify this in Economics Times. Havells Electornics and Havell''s Private are different. They don''t have any relation with Havells.

HPL shareholders includes Havells

Biggest shareholders in HPL Electric

Name of shareholder      Equity Shares      Percentage (%)
HPL India Limited      11,738,238      25.28
Havells Electronics Private Limited      11,652,130      25.10
Lalit Seth      7,703,098      16.59
Himachal Energy Private Limited      5,625,000      12.12
Havell’s Private Limited      2,842,655      6.12
Gautam Seth      2,231,740      4.81
Rishi Seth      2,231,740      4.81
Praveen Seth      2,133,098      4.59
Amerex India Private Limited      210,000      0.45
Chandra Prakash Jain      37,500      0.08
Total      46,405,199      99.96

My Dear
I have chked with rhp and drhp it is not havells india limited it is havellsprivate ltd.
they people have also written in rhp that they arre not related to havells india.

Dear all friends,

HPL electric & power are use hevells promoter name it''''s all fake. so please take care about this company. havell''s had complient again this company in delhi high court. you can read news in ht news paper 22-09-2016 (today)

Raaj Mahour.

Dear all friends,

HPL electric & power are use hevells promoder name it''s all fake. so please take care about this company. havell''s had complied again this company in delhi hight court. you can read news in ht news paper 22-09-2016.

Raaj Mahour.

I have also read public notice issued by Havell''s India Ltd
in HT Mumbai edition 22-9-2016. The Havell''s India Ltd has clearly
mentioned that they are not associated with HP Electric Group Cos.
So beware Investors. Group want to encash in the name of Havell''s
India Ltd.

Dear Chittorgarh..

plz post time line of allotment, refund, listing, etc..

Any idea on subcription details?

To meet its loan repayment, working capital and general corpus fund requirements, the company HPL ELECTRIC is coming out with a maiden IPO of Rs. 361 crore. The issue is being made on book building process with a price band of Rs. 175-202. The company has issued shares at par from 1992 to 1993 and then in 2010. It also issued shares at a price of Rs. 49.89 to Rs. 162 per share between 1999 and 2012. The company has also issued bonus shares in the ratio of 5 for 1 in February 1998, 1 for 1 in Aug 1999 and 3 for 2 in November 2015. Post IPO its current paid up equity capital of Rs. 46.43 cr. will stand enhanced to Rs. 64.30 (considering that the company may issue approx 1.787 crore equity shares based on upper price band).

Even after such low cost of acquisition of Promoters, do we justify the current offer price of Rs 202 ?

In a bull market don''t care about valuations, prices will go up in-spite of something negative being conveyed about future fundamentals

HPL is good to apply??

Pls suggest and also what will be the grey market premium

No 1 sharing subscription status as of now, seems all no 1 is interested in it.

while some brokerages are totally against HPL IPO, other are neutral and only some are saying subscribe http://bit.ly/2d607tG. muy opinion , go by septa ji advice as per whom issue is bad

Is it necessary only the a/c which registered with my dp/claint id to apply ASBA? Can I apply ASBA ipo through my other a/c which is not connected /registered with dp, but mine too

HPL seems to be priced high

For any IPO, integrity of management is most important aspect. Such company tend to float IPO and than started withdrawing funds internally and they are not concerned to grow the Company to give fair return to shareholders.

Its lower PE is justified its lower RONW ..hence one should not invest just seeing lower PE of 14. We can only see some improvement in its margin basis payment of bank debt after success of IPO. BUt than all insider started drawing huge salary say upto 11% of Net profit. Whatever you save on interest company will pay to their directors.

On the other hand, It can command a PE of 18-20 considering a emerging company.. so still 20% listing are expected.

up coming ipo next month

Upcoming IPO: Event Month OCTOBER

Varun Beverages Ltd.
Date 4-6 October
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PNB Housing Finance Ltd
Date: Third Week (Rbi Approval Awaiting)
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Endurance Technologies Ltd.
Date: 13-17 October
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Sector Auto Ancillary

Should invest in HPL ipo.
Are bhai HTCL-HDFC PF, Copthal M.I., Nomura Singapore wgr ne 53 Lakh se jyada share 202 me khrid lie hai already,or IPO size uske karan km kar diya h company ne.. must invest, big bull 👍👍

This IPO promoters thinks investors are fools :):):)

No actually you are becoming emotional after reading the news/ caution notice in ET. Mark my words , this will give better returns than GNA. But there is a silver lining in your comments, if every thinks like you, about this issue, than it will increase my chances of allotment.

At upper price band 202 is PE of of 14 is cheaper than it''s peer HAVELLS &crompton Greaves which is trading at 30+