HP Adhesives IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 15 Dec 2021 - 17 Dec 2021
Issue Size ₹125.96 Cr
Issue Price ₹262-274
Market Lot 50 Shares
Shares on Offer 4,597,200
Registrar Bigshare
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date 27 Dec 2021
Listing Price ₹319
Listing Gain% 16.42

About HP Adhesives Limited

They are India-headquartered adhesives and sealants company. Our visionary founder Mr. Haresh Motwani commenced the Solvent Cement business at a time when the plastic industry was at a nascent stage.

This advanced vision led HP Adhesives to become one of the most renowned brands in plumbing adhesives. Today, the Company has a wide portfolio of adhesives and sealants with applications across varied industries with our roots spread in India and growing presence in international markets.

HP considers Trust and Reliability as the guiding principles and place our stakeholders – employees and customers – first. Delivering world-class products and services to our customers is what motivates us.

Company Promoters

Anjana Haresh Motwani and Karan Haresh Motwani are the company promoters.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 897.78 568.11 567.17
Total Revenue (In ₹ Millions) 1,238.79 979.07 879.76
Profit After Tax (PAT) (In ₹ Millions) 100.59 -46.70 40.00

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda

Strengths & Weaknesses

Strength
Weakness

HP Adhesives Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 15 Dec 2021 0.00 0.38 18.57 3.48
Day 2 - 16 Dec 2021 0.34 1.90 40.29 8.03
Day 3 - 17 Dec 2021 1.82 19.04 81.24 20.96

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

HP Adhesives Limited IPO FAQs

  1. When will HP Adhesives Limited IPO open?

    HP Adhesives Limited IPO will open on 15 Dec 2021 and close on 17 Dec 2021.

  2. What is the listing date of HP Adhesives Limited IPO?

    HP Adhesives Limited IPO will list on 27 Dec 2021.

  3. What is the offer price of HP Adhesives Limited IPO?

    The offer price of HP Adhesives Limited IPO is ₹262-274.

  4. What is the lot size of HP Adhesives Limited IPO?

    The lot size of HP Adhesives Limited IPO is 50.

  5. What is the Grey Market Premium (GMP) price of HP Adhesives Limited IPO?

    The Grey Market Premium (GMP) price of HP Adhesives Limited IPO is Not Available at the moment.

  6. What is the Kostak price of HP Adhesives Limited IPO?

    The Kostak price of HP Adhesives Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for HP Adhesives Limited IPO?

    The Subject to Sauda price for HP Adhesives Limited IPO is Not Available at the moment.

HP Adhesives Limited IPO Review/Comments

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