HP Adhesives Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹262 - ₹274
- Lot size
- 50 shares
- Issue amount
- ₹125.96 cr
- Total subscription
- 0×
- Opens
- 15 Dec 2021
- Closes
- 17 Dec 2021
- Allotment
- 22 Dec 2021
- Listing
- 27 Dec 2021
Offer at a glance
Issue overview
- Issue size
- 45,97,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹13,100
- Fresh issue
- ₹113.44 cr
- Offer for sale
- ₹12.53 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹13,700
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,42,34,947
- Shares after issue
- 1,83,74,947
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 50 | ₹13,700 |
| sHNI | 15 | 750 | ₹2,05,500 |
| bHNI | 73 | 3,650 | ₹10,00,100 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
HP Adhesives Limited is a manufacturer of adhesives and sealants, producing products such as PVC, cPVC, and uPVC solvent cement, synthetic rubber adhesives, PVA adhesives, silicone and acrylic sealants, gasket shellac, and PVC pipe lubricants. These products serve multiple industries, including plumbing, sanitation, drainage, water distribution, construction, interior operations, glazing, woodwork, footwear, automotive, and foam furnishing. The company also offers ancillary products like ball valves, thread seals, tapes, and FRP products for drainage and architectural solutions. As of September 30, 2021, HP Adhesives operates a distribution network of four depots in Delhi, Kolkata, Bengaluru, and Indore, with over 750 distributors serving more than 50,000 dealers across India. Its multi-product manufacturing facility is located in Village Narangi, Raigad, Maharashtra, and the company exported its products to 21 countries in FY 2020-21.
Strengths
- Growing Brand: Established presence with a strong and recognizable brand.
- Wide Product Range: Offers multiple SKUs and a diversified product portfolio.
- Diverse Customer Base: Serves various industries and large clients.
- Extensive Distribution: Strong network across India for efficient reach.
- International Presence: Operates in overseas markets.
- Efficient Manufacturing: Well-set-up facilities with potential for expansion.
- Quality Focus: Maintains high standards across products.
- R&D Capability: Dedicated setup for product improvement and innovation.
- Experienced Team: Skilled management supported by a committed workforce.
Promoters
Anjana Haresh Motwani
Karan Haresh Motwani
Registrar & documents
Lead manager
Unistone Capital Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
11, Unique House, Chakala Cross Road, Andheri East, Mumbai – 400 099, Maharashtra, India.
022 68196300
[email protected]Company website ↗Understanding HPAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.