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    • HPL Electric down on few tenders, excess inventory in H1

      In an interview with CNBC-TV18, Gautam Seth, Joint MD of HPL Electric and Power, said the first half of this fiscal year saw very few tenders being finalised and inventory too went up.

    • HPL Electric pays Rs 320 crore debt from IPO proceeds

      HPL Electric & Power Ltd today said that debt of the company has been reduced by around Rs 320 crore from IPO proceeds.

    • IPO proceeds to help pare debt, boost working capital: HPL Elec

      On the last day of bidding, the initial public offer (IPO) of HPL Electric & Power was fully subscribed till afternoon trade.

    • Eyeing at exports to SAARC countries; expansion key:HPL Electric

      The funds raised from the IPO would be used for paying term debt, working capital requirement and other corporate purposes, said Gautam Seth, Joint Managing Director, HPL Electric.

    • No capex for next 3-5 yrs, aiming to expand export markets: HPL

      HPL manufactures electric equipments under four verticals namely metering solutions, switchgears, lighting equipment and wires & cables. In May, it received approval from the SEBI for its proposed initial public offering

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