HP Adhesives IPO to hit the market on December 15 and to close on December 17, 2021. HP Adhesives Limited IPO to raise around ₹126 crores via IPO that comprises fresh issue of ₹113 crores and offer for sale up to 4,57,200 equity shares of ₹10 each. The retail quota is 10% while QIB is 75% and HNI is 15%.
HP Adhesives are an adhesives and sealants company based in India. The company is one of the leading manufacturers of solvent cement in Asia. They are a flagship company of HP Group. The product range includes PVA, acrylic and synthetic rubber adhesives, silicone and other sealants, gasket shellac, PVC, and PVC pipe lubricant. They have their multi-product manufacturing facility is in Maharashtra. The company has a strong distributions network with over 50000 dealers in India, 7 depots, and 750 distributors. They have a good market presence in India and Internationally. They are exporting their products to 21 countries across the globe. Check out HP Adhesives IPO details.
Important Details:
- Asia’s Leading solvent cement manufacturer.
- One of the most renowned brands in plumbing adhesives.
- The company reported a healthy profit of 10 crores against a loss of 4.73 crores.
- Revenues increased in 2021 at 123 crores against 86 crores.
HP Adhesives IPO Review
- Apply with Caution
Brokerage Firm IPO Reviews
- Capital Market: Neutral
- Marwadi Shares: Apply
- Religare Broking: Apply with a Long Term View
HP Adhesives IPO Date & Price Band
| IPO Open: | 15 December 2021 |
| IPO Close: | 17 December 2021 |
| IPO Size: | Approx ₹126 Crores |
| Fresh Issue: | Approx ₹113 Crores |
| Offer for Sale: | Approx 4,57,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹262 to ₹274 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
HP Adhesives IPO Market Lot
The HP Adhesives IPO minimum market lot is 50 shares with ₹13,700 application amount. The retail investors can apply up-to 14 lots, 700 shares with ₹191,800 application amount.
| Minimum Lot Size: | Minimum 50 Shares for 1 lot |
| Minimum Amount: | ₹13,700 for 1 lot |
| Maximum Lot Size: | Maximum 700 Shares for 14 lot |
| Maximum Amount: | ₹191,800 for 14 lot |
HP Adhesives IPO Date, Time Table, Allotment & Listing
The HP Adhesives IPO date is 15 December 2021 and the IPO close date is 17 December 2021. The allotment date is 22 December 2021 and the IPO may list on 27 December 2021.
| Price Band Announcement: | 08 December 2021 |
| Anchor Investors Allotment: | 14 December 2021 |
| IPO Open Date: | 15 December 2021 |
| IPO Close Date: | 17 December 2021 |
| Basis of Allotment: | 22 December 2021 |
| Refunds: | 23 December 2021 |
| Credit to Demat Account: | 24 December 2021 |
| IPO Listing Date: | 27 December 2021 |
HP Adhesives IPO Form
How to apply the HP Adhesives IPO? You can apply HP Adhesives IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the HP Adhesives IPO in the Invest section. The other option you can apply HP Adhesives IPO via IPO forms download via NSE and BSE. Check out the HP Adhesives forms – click NSE Forms & BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
HP Adhesives Company Financial Report
| ₹ in Crores | |||||
| Income | Expense | PAT | |||
| 2019 | ₹- | ₹- | ₹– | ||
| 2020 | ₹86.83 | ₹80.32 | –₹4.73 | ||
| 2021 | ₹123.88 | ₹106.19 | ₹10.06 | ||
Company Promoters
- ANJANA HARESH MOTWANI
- KARAN HARESH MOTWANI
HP Adhesives IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri (East), Mumbai 400 059
Telephone:022-62638200
Facsimile:022-63638280
Email:[email protected]
Investor grievance email:[email protected]
Contact Person: Ms. Ashish Bhope
Website: www.bigshareonline.com
SEBI Registration Number: INR000001385
CIN: U99999MH1994PTC076534U6
Note: Check HP Adhesives IPO allotment status on Bighsare website allotment URL. Click Here
HP Adhesives IPO Lead Managers
- UNISTONE CAPITAL PRIVATE LIMITED
Company Address
HP Adhesives Limited
Registered Office: 11, Unique House,
Chakala Cross Road,
Andheri East, Mumbai – 400 099
Maharashtra, India
Telephone: 022 68196300; +91-8097520674
Contact Person:Jyoti Nikunj Chawda
Company Secretary and Compliance Officer
E-mail: [email protected]
Website: www.hpadhesives.com
Corporate Identity Number: U24304MH2019PLC325019
HP Adhesives IPO FAQs
What is HP Adhesives IPO?
HP Adhesives IPO is a main-board IPO. They are going to raise ₹126 Crores via IPO. The issue is priced at ₹262 to ₹274 per equity share. The IPO is to be listed on BSE & NSE.
When HP Adhesives IPO will open?
The IPO is to open on 15 December 2021 for QIB, NII, and Retail Investors.
What is HP Adhesives IPO Investors Portion?
The investors’ portion for QIB is 75%, NII 15%, and Retail 10%.
How to Apply the HP Adhesives IPO?
You can apply HP Adhesives IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the HP Adhesives IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “HP Adhesives Finance”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the HP Adhesives IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “HP Adhesives Finance”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.
What is HP Adhesives IPO Size?
HP Adhesives IPO size is ₹126 crores. The IPO comprises ₹113 crores fresh issue and offers for sale of 4,57,200 equity shares.
What is HP Adhesives IPO Price Band?
HP Adhesives IPO Price Band is ₹262 to ₹274 per equity share.
What is HP Adhesives IPO Minimum and Maximum Lot Size?
The minimum bid is 50 Shares with ₹13,700 amount while the maximum bid is 700 shares with ₹191,800.
What is HP Adhesives IPO Allotment Date?
HP Adhesives IPO allotment date is 22 December 2021.
What is HP Adhesives IPO Listing Date?
HP Adhesives IPO listing date is 27 December 2021. The IPO to list on BSE and NSE.
Note: The HP Adhesives IPO final details officially announced. The IPO grey market premium (HP Adhesives IPO Premium) is updated on their particular page. You can check our IPO grey market page for daily updates.)
