HP Adhesives Limited
Mainboard₹13,700 / 50 Shares
HP Adhesives Limited IPO Details
The HP Adhesives Limited IPO price band is set between ₹262-274 per equity share, with a face value of ₹10 per share. The issue is managed by Big Share Services Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 15 Dec, 2021 and closes on 17 Dec, 2021. Investors can check the allotment status on 23 Dec, 2021, while the listing date is tentatively scheduled for 27 Dec, 2021.
The total issue size is Total 125.96 Crores : Fresh Issue: 41,40,000 Shares + OFS: 4,57,200 Shares, aggregating up to . Stay tuned for the latest HP Adhesives Limited IPO review and GMP updates.
HP Adhesives Limited IPO Review, Rating & Analysis
HP Adhesives Limited IPO Review
NO REVIEWHP Adhesives Limited IPO Rating
HP Adhesives Limited IPO Highlights
IPO Date
Dec 15, 2021 - Dec 17, 2021
Listing Date
27 Dec, 2021
Face Value
₹10 Per Equity Share
Price Band
₹262-274 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
HP Adhesives Limited IPO Lot Size
The minimum market lot for HP Adhesives Limited IPO is 50 shares with an application amount of ₹13,700. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹13,700 |
| Retail (Max) | 14 | 700 | ₹1,91,800 |
| S-HNI (Min) | 15 | 750 | ₹2,05,500 |
| S-HNI (Max) | 72 | 3600 | ₹9,86,400 |
| B-HNI (Min) | 73 | 3650 | ₹10,00,100 |
HP Adhesives Limited IPO Timeline
Issue Price
₹262-274 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Big Share Services Private LimitedLead Manager
Unistone Capital Private LimitedIssue Size
Total 125.96 Crores : Fresh Issue: 41,40,000 Shares + OFS: 4,57,200 SharesHP Adhesives Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 89.77 | 123.87 | 10.05 | - | - | - |
| 31 Mar 20 | 56.81 | 97.90 | (4.67) | - | - | - |
| 31 Mar 19 | 56.71 | 87.97 | 4.00 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Anjana Haresh Motwani
- Karan Haresh Motwani
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 95.31% | N/A% |
About Company
HP Adhesives Limited is an adhesives and sealants company. The company manufactures a wide range of consumer adhesives and sealants such as PVC, cPVC, and uPVC solvent cement, synthetic rubber adhesive, PVA adhesives, silicone sealant, acrylic sealant, gasket shellac, other sealants, and PVC pipe lubricants. These adhesives and sealant products have applications in multiple industries such as plumbing and sanitary, drainage and water distribution, general-purpose building/ construction, and interior operations as well as for glazing operations, woodwork, footwear, automotive, foam-furnishing, and other varied industries. Apart from the above products, the company also sells ancillary products like ball valves, thread seals, and other tapes and FRP products for drainage and architectural solutions.
As of September 30, 2021, the company has a distribution network of 4 depots situated in Delhi, Kolkata, Bengaluru, and Indore and more than 750 distributors who cater to more than 50,000 dealers in India. The company's manufacturing facility is located at Village Narangi, Raigad (Maharashtra) which is a multi-product manufacturing facility. During the FY 2020-21, the company sold its products in 21 countries.
HP Adhesives Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 13,79,200 | 6,89,580 | 4,59,720 | 25,28,500 |
Day 1 -15-12-21 05:00 PM | 0.00 x | 0.38 | 18.57 x | 3.48 x |
Day 2 -16-12-21 05:00 PM | 0.34 x | 1.90 | 40.28 x | 8.03 x |
Day 3 -17-12-21 05:00 PM | 1.82 x | 19.04 | 81.24 x | 20.95 x |
70.13 times
Frequently Asked Questions about HP Adhesives Limited IPO
When will HP Adhesives Limited IPO open for subscription?
The HP Adhesives Limited IPO opens on 15 Dec, 2021 and closes on 17 Dec, 2021.
What is the investors portion for HP Adhesives Limited IPO?
The investors' portion for QIB is 1.82 x, NII is 19.04, and Retail is 81.24 x.
How to apply for HP Adhesives Limited IPO?
You can apply for HP Adhesives Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of HP Adhesives Limited IPO?
The issue size of HP Adhesives Limited IPO is approx ₹Total 125.96 Crores : Fresh Issue: 41,40,000 Shares + OFS: 4,57,200 Shares crores.
What is the price band of HP Adhesives Limited IPO?
The price band for HP Adhesives Limited IPO is ₹262 to ₹274 per equity share.
What is the lot size of HP Adhesives Limited IPO?
The minimum bid (lot size) for HP Adhesives Limited IPO is N/A shares with an investment of approx ₹13,700 .
What is the allotment date of HP Adhesives Limited IPO?
The allotment date for HP Adhesives Limited IPO is 23 Dec, 2021.
What is the listing date of HP Adhesives Limited IPO?
The listing date for HP Adhesives Limited IPO is expected to be 27 Dec, 2021.
What is the GMP of HP Adhesives Limited IPO?
The latest Grey Market Premium (GMP) for HP Adhesives Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.