HPL Electric & Power Ltd - IPO

HPL Electric & Power Ltd IPO Details

Initial Public Offering of 17,871,287 Equity shares of face value of Rs. 10 each (The Equity shares) of HPL Electric & Power Ltd (The Company or the Company or the issuer) for cash at a price of Rs. 202 per quity share (including share premium of Rs. 192 per equity share) (The issue price) aggregating up to Rs. 361.00 Crores (The Issue). The issue shall consititute 27.79% of the post-issue paid-up equity share capital of the company.The Face value of the equity shares is Rs. 10/- each and The IssuePrice is Rs. 202 per equity share, which is 20.2 times the face value of the equity shares.

Objective of issue

Repayment/prepayment of certain indebtedness. Funding working capital requirements. General corporate purposes.

HPL Electric & Power Ltd Contact Details

HPL Electric & Power Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - hplcs@hplindia.com

Website - www.hplindia.com