HPL Electric & Power IPO GMP History
HPL Electric & Power IPO has been listed on October 4, 2016 at a listing price of ₹190, against the issue price of ₹202 — a loss of ₹12 (-5.94%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
HPL Electric & Power IPO raised ₹361 Cr. through its IPO at a price band of ₹175 to ₹202 per share, with a lot size of 70 shares. The IPO was open for subscription from 22 Sep 2016 to 26 Sep 2016.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 3:11 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| No GMP history available yet. | |||||
HPL Electric & Power IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 22 Sep 2016
- Close 26 Sep 2016
- Allotment 29 Sep 2016
- Refund/credit 30 Sep 2016
- Listing 04 Oct 2016
HPL Electric & Power IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹202 |
|---|---|
| Listing gain / loss | −₹12 per share |
| Listing date | 04 Oct, 2016 |
| Actual listing price | ₹190 (-5.94%) |
Is HPL Electric & Power IPO GMP reliable?
Grey market premium for HPL Electric & Power IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the HPL Electric & Power IPO full review for a fundamentals-based assessment before making any grey market trades.
HPL Electric & Power IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for HPL Electric & Power IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About HPL Electric & Power IPO
HPL Electric & Power Limited is an electrical equipment maker. Its promoters are Lalit Seth and Havell's Private Limited.
It makes and sells electrical equipment including metering solutions, switchgear, lighting equipment, and wires and cables under the HPL brand.
Its metering range includes single phase, three phase and LTCT meters.
The IPO was Rs 361 crore and was entirely fresh issue at Rs 202, the top of the Rs 175 to Rs 202 band. The money was for repaying debt and working capital.
Frequently asked
What is the GMP of HPL Electric & Power IPO?
The current Grey Market Premium (GMP) of HPL Electric & Power IPO is not yet started or active in the market.
What is the Kostak Price of HPL Electric & Power IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for HPL Electric & Power IPO is not available.
What is the Subject to Sauda Price of HPL Electric & Power IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of HPL Electric & Power IPO?
HPL Electric & Power IPO listed on October 4, 2016 at ₹190, against the issue price of ₹202 — a loss of -5.94%.
How did the GMP of HPL Electric & Power IPO trend before listing?
The GMP of HPL Electric & Power IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore HPL Electric & Power IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
