HP Adhesives IPO Listed at 15% Premium at ₹315

IPO Initial Public Offerings
HP Adhesives IPO to list on NSE and BSE on 27 December 2021, Monday at 10:00 AM. HP Adhesives is one of the leading manufacturers of solvent cement in Asia. They are a flagship company of HP Group. They are one of the most renowned brands in plumbing adhesives. The IPO subscribed 20.96x times that comprises Qualified Institutional Buyer (QIB) 1.82x, Non-institutional Bidders (NII) 19.04x, and Retail (RII) 81.24x. The company reported a profit of ₹10 crores in 2021 against a loss of ₹4 crores in 2020. The revenues were up in 2021 to ₹123 crores against ₹86 crores in 2020. The stock will list in T Group. As per the market speculations the stock might list in between ₹320 to ₹370 range. Check out the HP Adhesives IPO listing details as given below:

Latest Update: HP Adhesives IPO listed at a 15% premium on indices. HP Adhesives share price is listed at ₹315 on NSE and ₹319 on BSE respectively. Happy Investing!

HP Adhesives

    HP Adhesives Share Price Live Quote

    DetailsBSE ListingNSE Listing
    IPO Price
    ₹274.00
    ₹274.00
    List Price
    ₹319.00
    ₹315.00
    High Price
    ₹334.95
    ₹330.75
    Low Price
    ₹319.00
    ₹315.00
    Close Price
    ₹334.95
    ₹330.75
    Volume
    195,478
    731,311

    BSE Notice of Listing: Notice

    HP Adhesives IPO Listing Details

    Find the HP Adhesives IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the HP Adhesives share listing day.
    BSE Code543433
    NSE CodeHPAL
    GroupT Group
    ISIN NoINE0GSL01016
    Offer Price₹274
    Face Value₹10
    Listing Date27 December 2021, Monday

    Important Links:

    HP Adhesives IPO Subscription Status (Final Data)

    CategoryDay 1Day 2Day 3
    QIB0.000.341.82
    NII0.381.9019.04
    RII18.5740.2981.24
    Total3.488.0320.96

    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 Time Table

    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 Listing FAQs:

    When is HP Adhesives IPO Listing Date?

    HP Adhesives IPO listing date is 27 December 2021, Monday.

    What will be the estimated listing price of HP Adhesives stock?

    As per the market speculations, the IPO might list at ₹320 to ₹370 level. If the market supports the stock might go on a higher side around ₹380+ level while on the downside the stock might hit to ₹300 level.

    How many returns are expected in HP Adhesives IPO?

    The IPO might give a listing profit of ₹2000 to ₹4000.

    What is HP Adhesives Share Price on Listing Day?

    The IPO is listed at ₹315.00 on NSE and at ₹319.00 on BSE.

    Will HP Adhesives will list on NSE and BSE?

    Yes, The IPO to list on NSE and BSE both the indices.

    Should I buy HP Adhesives shares on a listing day?

    Long-term investors should buy the stock on a listing day. Stock Market investments are subject to market risks.

    What is a BSE and NSE Code for the HP Adhesives IPO?

    The BSE Code is 543433 while NSE Code is HPAL.

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