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The basis of allotment for HPL Electric IPO is available now.
The HPL Electric IPO allotment status will be available on Thursday, September 29, 2016, as per the timeline provided in the red-herring prospectus.
Below are the steps to check HPL Electric & Power Ltd. IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of HPL Electric IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The HPL Electric IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
HPL Electric & Power Ltd. IPO IPO allotment status is expected on Thursday, September 29, 2016. Click the green button HPL Electric & Power Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If HPL Electric IPO oversubscribed in the retail category, the HPL Electric IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The HPL Electric & Power Ltd. listing date is October 4, 2016. The equity shares of HPL Electric & Power Ltd. will list on BSE, NSE.
The reason you didn't get the HPL Electric IPO could be:
RHP