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HP Adhesives Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹274
Issue Price
₹274
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹274
GMP based
Lot Size
50
shares / lot
Min Amount
₹13,700
1 lot · 50 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
15 Dec 2021
Wed Completed
Done
Close Date
17 Dec 2021
Fri Completed
Done
Allotment
22 Dec 2021
Wed Completed
Done
Refund
23 Dec 2021
Thu Completed
Done
Demat Credit
24 Dec 2021
Fri Completed
Done
Listing Date
27 Dec 2021
Mon Completed
UPI Deadline: 17 Dec 2021
Issue Details
Pricing & Size
Issue Price
₹274 Face ₹10
Lot Size
50 shares
Min Investment
₹13,700
Total Issue Size
45,97,200 shares (aggregating up to ₹125.96 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
34,47,900 (75.00%)
NII / HNI
6,89,580 (15.00%)
Retail
4,59,720 (10.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
1,42,34,947 shares
Post-Issue Shareholding
1,83,74,947 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 50 ₹13,700
HNI / NII 15 750 ₹2,05,500
bHNI / bNII 73 3,650 ₹10,00,100
Objects of Issue
3 objectives
1
1 Funding capital expenditure for the Proposed Expansion
25.51 Cr
2
2 Funding the incremental working capital requirements of the Company
54.00 Cr
3
3 General corporate purposes
17.24 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Unistone Capital Pvt.Ltd.
IPO Timeline
Open
15 Dec
✓ Done
Close
17 Dec
✓ Done
Allotment
22 Dec
✓ Done
Listing
27 Dec
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
investors@hpadhesives.com
Phone
022 68196300
Address
11, Unique House, Chakala Cross Road, Andheri East, Mumbai – 400 099, Maharashtra, India. Andheri, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹274
Est. Listing
₹274
Lot Size
50 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
HP Adhesives Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹274
GMP
+₹0 (+0%)
GMP Est. Listing
₹274
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 34,47,900 (75.00%) ₹9,447.25 Cr
NII / HNI (Total) 6,89,580 (15.00%) ₹1,889.45 Cr
Retail Investors 4,59,720 (10.00%) ₹1,259.63 Cr
Total ** 45,97,200 (100.00%) ₹125,963.28 Cr
* Based on ₹274.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
34,47,900 (75.00%)
NII
6,89,580 (15.00%)
Retail
4,59,720 (10.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30-Sep-2131-Mar-2131-Mar-20
Revenue72.73123.8897.91
PAT3.1010.06-4.67
EBITDA
Net Worth
Total Assets104.9189.7856.81
Reserves
Borrowings
About HP Adhesives Ltd.

HP Adhesives Limited is an adhesives and sealants company. The company manufactures 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 lubricants. These adhesives and sealant products have applications in multiple industries such as plumbing and sanitary, drainage and water distribution, general-purpose building/ construction, and interior operations as well as for glazing operations, woodwork, footwear, automotive, foam-furnishing, and other varied industries. Apart from the above products, the company also sells ancillary products like ball valves, thread seals, and other tapes and FRP products for drainage and architectural solutions.

As of September 30, 2021, the company has a distribution network of 4 depots situated in Delhi, Kolkata, Bengaluru, and Indore and more than 750 distributors who cater to more than 50,000 dealers in India. The company's manufacturing facility is located at Village Narangi, Raigad (Maharashtra) which is a multi-product manufacturing facility. During the FY 2020-21, the company sold its products in 21 countries.

Competitive Strengths:

  • Growing company with established brand presence
  • Wide Product Portfolio and multiple SKUs
  • Diversified product portfolio with a diversified customer base
  • Extensive distribution network across India
  • Established presence in international markets
  • Large players as customers
  • Efficient manufacturing set-up with scope for expansion
  • Focus on quality
  • R&D set up for constant product improvement and new product development
  • Experienced management team with a committed employee base
Frequently Asked Questions
What is the issue price of HP Adhesives Ltd. IPO?
The issue price of HP Adhesives Ltd. IPO is ₹274 per share, face value ₹10.
What is the lot size?
Minimum lot size is 50 shares, requiring ₹13,700.
What are the IPO dates?
Opens 15 Dec 2021, closes 17 Dec 2021.
When is the listing date?
Tentative listing: 27 Dec 2021 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹274 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

HP Adhesives Ltd. IPO · Expected 22 Dec 2021

Check on Registrar
Post-IPO Timeline
Allotment Date
22 Dec 2021
Refund Initiation
23 Dec 2021
Demat Credit
24 Dec 2021
Listing Date
27 Dec 2021
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹274
Face ₹10
Lot Size
50
shares / lot
Min Amount
₹13,700
1 lot
Est. Listing
₹274
GMP +₹0
Key Dates
Open
15 Dec Done
Close
17 Dec Done
Listing
27 Dec Done
Registrar
Bigshare Services Pvt.Ltd.
A
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