HP Adhesives Review, Date, GMP, Price, Lot Size, Apply

HP Adhesives Limited IPO will open on 15th December 2021. It’s one of the best adhesives and sealants companies in India. In this article we will do a complete review on HP Adhesives IPO and see if you should subscribe to this issue or not?

HP Adhesives Review - Paisakaudi
HP Adhesives Review – Paisakaudi

Key Features of HP Adhesives IPO

  • HP Adhesives IPO will open on 15th Dec 2021
  • You can apply in this IPO from 15th Dec 2021 to 17th Dec 2021
  • Issue Price band of the company is ₹ 262 – ₹ 274 per equity share.
  • This IPO comprises fresh issue of equity shares worth ₹ 113.44 crores and offer for sale (OFS) of 4,57,200 equity shares worth ₹ 12.53 crores by promoters and existing shareholders.
  • It has a minimum 50 shares in one lot and you have to spend a minimum ₹13,700 for 1 lot.
  • HP Adhesives is looking to raise ₹ 125.96 crores through this IPO.

What is HP Adhesives Limited

  • HP Adhesives Ltd. is the flagship company of the HP Group and it’s the largest manufacturer of Solvent Cement in Asia.
  • They manufacture products such as solvent cement, silicone sealant, synthetic rubber adhesive, white glue PVA adhesives, acrylic sealant, gasket shellac, drainage solutions etc.
  • Company has a distribution network of more than 750 distributors in 23 states and 4 union territories.
  • They have a global presence in 40 countries.
  • Mr. Karan Motwani is the Managing Director of the company.
  • On the revenue front, 2021 is the profitable year for the company.

Grey Market Premium of HP Adhesives IPO GMP

Grey market is an unregulated market to trade ipo shares before listing. HP Adhesives IPO price band is placed at ₹ 262 – ₹ 274 but the grey market premium of this share is currently _ % up i.e. at ₹ . So the share price of HP Adhesives IPO in the grey market is ₹ (274 + _)

HP Adhesives IPO Live Subscription Status

Data comin soon.

HP Adhesives IPO Conditions to know before Investing, Date, Lot Size, Allotment

IPO Start Date15 December 2021
IPO Close Date17 December 2021
Share Allotment Date22 December 2021
Refunds Date23 December 2021
Credit to Demat Account Date24 December 2021
IPO Listing Date27 December 2021
Fresh Equity Share IssueApprox ₹ 113.44 crores (41,40,000 Equity shares)
Offer For Sale (OFS) Equity ShareApprox ₹ 12.53 crores (4,57,200 Equity shares)
Face Value₹ 10 Per Equity Share
Price Band₹ 262 – ₹ 274 Per Equity Share
Retail Quota Share10%
QIB Quota75%
NII Quota15%
Listing onNSE & BSE
Minimum Lot Size50 Share in 1 Lot
Minimum Amount₹ 13,700 For 1 Lot
Maximum Lot Size700 Shares (14 Lot)
Maximum Amount₹ 1,91,800 (For 14 Lot)
Employee Discount NA
HP Adhesives IPO – Key points to know before investing

HP Adhesives IPO Financial Report of 2019,2020 & 2021

Company had recovered losses and came into profit in the year 2021.

YearRevenueExpensePAT (Profit After Tax)
2021₹ 123.88₹ 106.09 ₹ 10.06
2020₹ 86.83₹ 80.32 – ₹ 4.73
2019NA NA NA
HP Adhesives Revenue Report (Figures are in Crores) – Paisakaudi

Retail Investors, QIB & NII quota in HP Adhesives IPO

Data Patterns IPO’s 75% quota is reserved for the QIB category. 15% quota is reserved for NII Category and 10% quota is reserved for retail investors.

How to Apply for HP Adhesives IPO

  • You can apply for the HP Adhesives IPO through the ASBA facility available in your bank account.
  • Just login to your online banking. GO to the IPO section and apply for HP Adhesives IPO
  • Also you can apply this IPO through your trading account
  • One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
  • After downloading forms, fill it properly and submit it to the respective banks or to your broker.

How to apply for the HP Adhesives IPO through Zerodha?

  • Login to your console in Zerodha through desktop or app.
  • Then go to your portfolio and click on IPO.
  • You will see HP Adhesives
  • Then click on the bid button.
  • After this enter your UPI ID, price and quantity (lot size)
  • Click the submit button.
  • At last you have to go to your UPI app to approve the mandate.

How to apply for the HP Adhesives IPO through Upstox?

  • Login to your Upstox account through desktop or app.
  • You will see the name HP Adhesives
  • Then hit the bid button.
  • Click the submit button.
  • At last you have to go to your UPI app to approve the mandate.

Allotment Status For HP Adhesives IPO

You can check HP Adhesives IPO allotment status on Registrar and Transfer Agent Website

Also you can check the allotment status on NSE Website

HP Adhesives IPO Promoters

  • Anjana Haresh Motwani
  • Karan Haresh Motwani

HP Adhesives IPO Lead Managers

  • Unistone Capital Pvt Ltd

HP Adhesives Limited contact information

HP Adhesives Limited

11, Unique House, Chakala Cross Road,
Andheri East, Mumbai – 400 099,
Maharashtra, India.

  • Phone: 022 68196300
  • Email: investors@hpadhesives.com
  • Website: https://www.hpadhesives.com/

HP Adhesives IPO Registrar Contact Information

Bigshare Services Pvt Ltd

  • Phone: +91-22-6263 8200
  • Email: ipo@bigshareonline.com
  • Website: http://www.bigshareonline.com

Paisa kaudi recommendation on HP Adhesives

HP Adhesives is the one of the leading manufacturing company in PVC solvent cement category. Price range is good. Can be considered for longer term. Keep checking the GMP and subscription status for more clearance.

I hope this covers all points on HP Adhesives. For any comment or feedback please write in the comment box and we will get back to you immediately.

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