HP Adhesive IPO price band, GMP, Allotment, Listing date and Price

HP Adhesive IPO details (15 – 17 Dec), (Price: 262 to 274)

HP Adhesive IPO price band, GMP, Allotment, Listing date and Price
HP Adhesive IPO price band, GMP, Allotment, Listing date and Price

Listing date and Listing Price of HP Adhesive IPO:

  1. HP Adhesive IPO listed on BSE and NSE exchanges on – Click Here
  2. Listing Price of HP Adhesive IPO on NSE – Click Here
  3. Listing Price of HP Adhesive IPO on BSE – Click Here

Grey Market premium (GMP) price of HP Adhesive IPO:

Grey Market premium (GMP) price of HP Adhesive IPO is Rs. __. Grey Market premium (GMP) of HP Adhesive IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in) Check latest GMP of all IPOs.

Check the allotment status of HP Adhesive IPO on these three links given by Bigshare.

  1. HP Adhesive IPO Allotment Link 1 – https://ipo.bigshareonline.com/IPO_Status.html
  2. HP Adhesive IPO Allotment Link 2 – https://ipo1.bigshareonline.com/IPO_Status.html
  3. HP Adhesive IPO Allotment Link 3 – https://ipo2.bigshareonline.com/IPO_Status.html

HP Adhesive IPO Allotment link status on Bigshare  can be checked by Application No or DPID / Client ID or PAN.

HP Adhesive IPO subscription status details:

QIB (Qualified Institl. Bidders)NIB (Non-institutional Investor)RII (Retail Individual Investor)Total No. of times applied
No. of shares offered13,79,2006,89,5804,59,72025,28,500
Day 10x0.38x18.57x3.48x
Day 20.34x1.90x40.29x8.03x
Day 31.82x19.04x81.24x20.96x
HP Adhesive IPO subscription status live

HP Adhesive IPO highlights:

HP Adhesive IPO bid Opens on 15 Dec 2021
HP Adhesive IPO bid Closes on17 Dec 2021
Post issue Modification Period18-Dec-2021 (10.00 – 11.00 am)
Cut-off time for UPI Mandate Confirmation19-Dec-2021 (upto 12:00 PM)
Issue type100% Book Building
HP Adhesive IPO issue size 125.96 Cr
Face value of each equity shareRs. 10
HP Adhesive IPO Price bandRs. 262 to Rs. 274 per share
HP Adhesive IPO market lot50 shares and multiples of 50
HP Adhesive IPO minimum order quantity50 equity shares
Pre IPO equity share of promoters of HP Adhesive__ %
Post IPO paid-up equity share of promoters of HP Adhesive___%
QIB portion reservation in HP Adhesive IPO75 %
NIB portion reservation in HP Adhesive IPO15 %
Retail portion reservation in HP Adhesive IPO10 %
Retail individual bidder can apply in HP Adhesive IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in HP Adhesive IPONA
Employees can apply in HP Adhesive IPOup to 5 lakh (500,000)
Employees Reservation in HP Adhesive IPONA
Employees Discount in HP Adhesive IPO__ per equity share
Listing of HP Adhesive at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of HP AdhesiveNA
Registrar of HP Adhesive IPO issueBigshare Services Private Ltd.
HP Adhesive IPO highlights

HP Adhesive IPO important dates regarding bidding, allotment, listing, refund etc. :

The probable dates regarding bidding, allotment, listing, refund of HP Adhesive IPO are mentioned below.

HP Adhesive IPO opens on15.12.2021
HP Adhesive IPO Closes on17.12.2021
Allotment basis date of HP Adhesive IPO22.12.2021
Money refund date of HP Adhesive IPO23.12.2021
Shares of HP Adhesive in Demat Account24.12.2021
HP Adhesive IPO listing date on NSE, BSE27.12.2021
HP Adhesive IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of HP Adhesive IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size 125.96 Crore
Fresh Issue size 113.44 Crore
Offer for Sale (OFS) 12.53 Crore
Employee Reservation
No. of Equity shares offered of HP Adhesive IPO

HP Adhesive financial statements details:

31.03.202131.03.202031.03.2019
( million)( million)( million)
Total Assets897.78568.11567.17
Total Revenue1,238.79979.07879.76
Profit After Tax100.59– 46.7040.00
HP Adhesive financial statements details

IPO Red Herring Prospectus (RHP) of HP Adhesive:

Click here for IPO RHP of HP Adhesive on SEBI website.

Objectives of the HP Adhesive IPO Issue: (Source – RHP)

The Fresh Issue Requirement of Funds

The proceeds from the Fresh Issue less our Company’s share of the Offer related expenses, is estimated to be ₹ [●] Lakhs (the “Net Proceeds”). Our Company proposes to utilize the Net Proceeds towards funding of the following objects: 1. Funding the working capital requirements of our Company. 2. Funding capital expenditure for expansion of production capacity at the existing manufacturing facility at Village Narangi, Raigad, Maharashtra and at the additional unit having a proposed construction area admeasuring about 4,532.57 sq. mtrs. (built-up) area on the adjacent plot (“Proposed Expansion”): · to expand our existing installed capacities for the existing product lines; and · to enable us to also add new products to our existing product portfolio. 3. General corporate purposes.

Business of HP Adhesive: (Source – RHP)

We are a fast-growing multi-product, multi-category consumer adhesives and sealants company. For our largest product category – PVC solvent cement, we are amongst the leading manufacturing companies in India in the consumer/ bazaar segment of the adhesive industry. (Source: CRISIL Research).

We manufacture 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 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.

We also manufacture these products for select large PVC pipe manufacturing companies under co-branding or private label on order basis. Apart from the above products, we also sell ancillary products like ball valves, thread seal and other tapes and FRP products for drainage and architectural solutions that are distributed along with our products to the endcustomers through our distribution network.

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Disclaimer: Kindly verify from RHP and concerned company for any clarification.

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