HPL Electric & Power Limited (HPL) is tapping the capital markets with its fresh issue for Rs 361 crs in a price band of Rs 175-202, completed its allocation to anchor investors. A total 53,61,385 equity shares were allotted to 9 anchor investors comprising of 13 entities at Rs 202. The largest allocation has been made to HTCL – HDFC Prudence Fund of 21,43,610 shares or 39.98% of the anchor allotment.
The issue has opened today Thursday the 22nd of September and closes on Monday the 26th of September. The full list of anchors and their allocation is appended below: –