Hindustan Power Exchange Limited (HPX India)

₹24

Max

Hindustan Power Exchange Limited (HPX India)

₹24

Hindustan Power Exchange Limited (HPX India)

₹24

About

Hindustan Power Exchange Limited (HPX India)

Introduction

Hindustan Power Exchange Limited (HPX), established in 2018, formerly known as Pranurja Solutions Limited, is a new-age power exchange in the Indian electricity market, offering a comprehensive and transparent platform for trading various electricity products. HPX combines advanced technology with customized value-added services to provide a seamless and equitable trading experience for market participants, fostering innovation and efficiency in the sector.

Key Offerings

HPX facilitates trading in various electricity products, including:

  • Day Ahead Market (DAM): Enables participants to buy and sell electricity for the following day.
  • Term Ahead Market (TAM): Offers contracts for electricity delivery in the near future.
  • Intra-Day Market (IDM): Allows trading of electricity within the same day.
  • Contingency Contracts: Provides a mechanism for managing unforeseen electricity demand or supply variations.
  • Green Contingency Contracts: Focuses on renewable energy sources to meet contingency needs.
  • Renewable Energy Certificates (RECs): Facilitates the trading of certificates representing renewable energy generation.

These offerings cater to a diverse range of market participants, including state utilities, private generators, traders, and industrial consumers.

Promoters

HPX is promoted by three leading institutions: PTC India Limited, BSE Investments Limited, and ICICI Bank Limited.

1. PTC India brings decades of expertise in power trading and market development in India and South-East Asia.

2. BSE contributes experience in operating exchanges and trading platforms as one of the oldest and fastest stock exchanges globally.

3. ICICI Bank adds financial expertise in clearing and settlement, being one of India’s largest private banks.

Additionally, HPX has attracted investments from various government utilities, Independent Power Producers (IPPs), power traders, distribution utilities, and sector consultants, reflecting broad market trust.

Technology and Expertise

HPX leverages advanced technology to facilitate high-frequency trading, real-time market data, and seamless settlements. The exchange is supported by a diversified team of power sector professionals with expertise in regulatory compliance, policy frameworks, and operational challenges in electricity trading, ensuring smooth and transparent market operations.

Market Impact and Outlook

Since its inception, HPX has quickly established itself as a significant player in India’s power market, achieving strong trading volumes and gaining credibility among market participants. The exchange aims to expand its offerings, increase market participation, and support India’s transition towards a transparent, efficient, and sustainable electricity sector..

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Metric

Value

Share Price

₹24 per equity share

Lot Size

1000 shares

52 Week High / Low

₹39 / ₹24

ISIN Number

INE07ED01012

Market Cap

₹1,326 ( CR )

P/E Ratio

300

P/B Ratio

18.18

Debt to Equity Ratio

0

Return on Equity (ROE)

6.4%

Book Value

₹1.32

Face Value

₹1

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How to buy unlisted Hindustan Power Exchange Limited (HPX India) shares online in India?

You can invest in HPX India unlisted shares through platforms like Pre IPO Investment by completing a standard KYC and agreement process. Once the transaction is finalized, the shares are credited within 1-5 business days directly to your Demat account.

The minimum investment amount depends on the current share price and lot size. For HPX India, the lot size is strictly 1000 shares. With the current price at ₹24 per equity share, the minimum ticket size (investment amount) is ₹24,000 per transaction.

Based on current data, the share price of HPX India is ₹24 per equity share. The company’s estimated market capitalization (valuation) sits at ₹1,326 Crore.

(Note: Unlisted prices fluctuate based on market supply and demand).

Yes, trading HPX India unlisted shares is completely legal in India through private placement and off-market transfers. However, investors should note that Pre IPO Investment is a facilitation platform — not a SEBI-registered stock exchange or broker.

Before an IPO, you can sell your holdings through unlisted share dealers or facilitation platforms. However, after any future listing, a SEBI-mandated lock-in of 6 months typically applies to all pre-IPO investors before they can sell those HPX India shares on the public exchange.

We aim for complete transparency, and our platform displays an all-inclusive price. However, always verify if there are any applicable processing fees, government stamp duty, or specific Demat transfer charges before finalizing your purchase of HPX India shares.

Unlisted shares follow distinct tax rules. Generally, if held for less than 24 months, it is considered a Short-Term Capital Gain (STCG) taxed at your applicable income slab rate. If held for more than 24 months, Long-Term Capital Gains (LTCG) typically apply at 12.5% (as per recent tax revisions), but you should always consult a chartered accountant for your specific tax liabilities.

Key risks include illiquidity (it can take time to find a buyer in the private market), price volatility between funding rounds, and the possibility that the IPO gets delayed or canceled. Thorough due diligence and a long-term investment horizon are essential when investing in HPX India.

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