HP Adhesives IPO Allotment

HP Adhesives IPO Allotment

HP Adhesives IPO Allotment

IPO Details

Retail Individual 81.04 times

Qualified Institutional 1.82 times

Non Institutional 19.04 times

Total IPO Subscription 20.92 times

  • Issue Amount : Upto ₹125.96 Cr
  • Post Issue Implied Market Cap: Upto ₹503.47 Cr at Upper band
  • Total shares on offer : Upto 4,597,200 Equity Shares
  • Face Value : ₹10 per share
  • Price Band : ₹262 to ₹274
  • Lot Size : 50 shares
  • Registrar : Bigshare Services Private Limited

How to Check HP Adhesives IPO Allotment ?

IPO Allotment Status Registarar Links

Note : Company Name Appear Only If Allotment is Done.

HP Adhesives Limited IPO

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IPO Registrar : Bigshare Services Private Limited

Company Details

HP Adhesives Limited IPO

HP Adhesives Ltd is a fast-growing multi-product, multi-category consumer adhesives and sealants company. For its largest product category – PVC solvent cement, it is amongst the leading manufacturing companies in India in the consumer/ bazaar segment of the adhesive industry.

HP Adhesives Ltd manufactures a wide range of consumer adhesives and sealants

such as

  • PVC
  • cPVC
  • uPVC solvent cement
  • synthetic rubber adhesive
  • PVA adhesives
  • silicone sealant
  • acrylic sealant
  • gasket shellac
  • sealants and PVC pipe lubricant

which are sold across India, through an extensive distribution network of distributors, and exported also to several countries, through network of distributors and direct customers.

HP Adhesives IPO Objective

  • Funding the working capital requirements of the company
  • Funding capital expenditure for expansion of production capacity at the existing manufacturing facility at Village Narangi, Raigad, Maharashtra
  • General corporate purposes
  • Additionally, the company believes that the listing of Equity Shares will enhance the company’s corporate image, brand name and create a public market for its Equity Shares in India.

HP Adhesives Limited Financial

Financial Year EndedRevenue (₹ Crores)PAT (₹ Crores)EPS (₹)
March 201987.974.03.08
March 202097.90– 4.67– 3.59
March 2021123.8710.057.74
Six months ended Sept 202172.733.12.22