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HP Adhesives Limited IPO

HP Adhesives Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 315.00 (+14.96%)

Having completed its public offering, HP Adhesives Limited's is now listed and trading on the NSE, BSE exchange as of 27-12-2021. The IPO raised cumulative capital of 45,97,200 Shares, including 41,40,000 Shares in primary capital infusion and ₹12.53 Cr in secondary market transactions.

The IPO was conducted with a price range of ₹262 to ₹274 and minimum investment requirement of 50 shares. subscription activity between 15-12-2021 and 17-12-2021 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on 22-12-2021 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

HP Adhesives IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
HP Adhesives IPO Key Performance Indicator
Company Financials ( in Lakhs )

HP Adhesives IPO About Company

HP Adhesives Limited is a manufacturer of adhesives and sealants, producing products such as PVC, cPVC, and uPVC solvent cement, synthetic rubber adhesives, PVA adhesives, silicone and acrylic sealants, gasket shellac, and PVC pipe lubricants. These products serve multiple industries, including plumbing, sanitation, drainage, water distribution, construction, interior operations, glazing, woodwork, footwear, automotive, and foam furnishing. The company also offers ancillary products like ball valves, thread seals, tapes, and FRP products for drainage and architectural solutions. As of September 30, 2021, HP Adhesives operates a distribution network of four depots in Delhi, Kolkata, Bengaluru, and Indore, with over 750 distributors serving more than 50,000 dealers across India. Its multi-product manufacturing facility is located in Village Narangi, Raigad, Maharashtra, and the company exported its products to 21 countries in FY 2020-21.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


HP Adhesives IPO Strength Factors

  1. Growing Brand: Established presence with a strong and recognizable brand.
  2. Wide Product Range: Offers multiple SKUs and a diversified product portfolio.
  3. Diverse Customer Base: Serves various industries and large clients.
  4. Extensive Distribution: Strong network across India for efficient reach.
  5. International Presence: Operates in overseas markets.
  6. Efficient Manufacturing: Well-set-up facilities with potential for expansion.
  7. Quality Focus: Maintains high standards across products.
  8. R&D Capability: Dedicated setup for product improvement and innovation.
  9. Experienced Team: Skilled management supported by a committed workforce.

HP Adhesives IPO Risk Factors

NA


HP Adhesives IPO Lead Manager(s)

  • Unistone Capital Private Limited

HP Adhesives IPO Promoter(s)

  1. Anjana Haresh Motwani
  2. Karan Haresh Motwani

HP Adhesives IPO Company Details

HP Adhesives Limited
Phone:
address:

HP Adhesives IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

HP Adhesives IPO FAQs