IPO proceeds to help pare debt, boost working capital: HPL Elec – Moneycontrol.com
On the last day of bidding, the initial public offer (IPO) of HPL Electric & Power was fully subscribed till afternoon trade Speaking on the companys plans for the future, Gautam Seth, Jt MD, HPL Electric and Power told CNBC-TV18 that the proceeds from the IPO would be used to repay Rs 130 crore…