114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5174.44 Crs.  Total funds raised in 2,025.00

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

HP Adhesives IPO (HP Adhesives Limited IPO) Detail

HP Adhesives IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 125.96 Cr. The company is based in Mumbai and caters to Chemical - Paint And Adhesives sector. Unistone Capital is the merchant banker of HP Adhesives IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th July 2021.

HP Adhesives IPO open date is 15th December 2021 and close date is 17th December 2021. IPO Allotment Date is 22nd December 2021 and Listing date is 27th December 2021.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

HP Adhesives IPO Date

Date of DRHP:
18th July 2021
IPO Open Date:
15th December 2021
IPO Close Date:
17th December 2021
IPO Allotment Date:
22nd December 2021
Initiation of Refund:
23rd December 2021
IPO Listing Date:
27th December 2021

HP Adhesives IPO Info, Size, Subscription

HP Adhesives IPO size is ₹ 125.96 Cr. with IPO price of ₹ 274.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 125.96 Cr.

Issue Price:
₹ 274.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
50.00

Subscription :
20.96 times

Pre Issue Promoter Holding :
95.00 %

Post Issue Promoter Holding :
71.00 %

HP Adhesives IPO Information

Sub Sector : adhesives and sealants
HP Adhesives Limited is a fast-growing multi-product, multi-category consumer adhesives and sealants provider. In its largest product category, PVC solvent cement, the company is among the leading manufacturing companies in India in the consumer/bazaar segment of the adhesive industry (Source: CRISIL Research). It manufactures a wide range of consumer adhesives and sealants, including 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. The company also exports these products to several countries through its network of distributors and direct customers. Additionally, it manufactures these products for select large PVC pipe manufacturing companies under co-branding or private label on an order
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Object of Issue (HP Adhesives IPO Objectives)

  • Funding the working capital requirements of the company
  • Funding capital expenditure for expansion of production capacity at the existing manufacturing facility in Maharashtra and at the additional unit having a proposed construction area

Unistone Capital Private Limited is the book-running lead manager of the HP Adhesives IPO. Bigshare Services Private Limited is the Registrar for HP Adhesives IPO.

HP Adhesives IPO Registrar (RTA)

Bigshare Services Private Limited

HP Adhesives IPO Lead Manager (BRLM)

Unistone Capital Private Limited

HP Adhesives IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is HP Adhesives IPO?

HP Adhesives IPO, based in Mumbai, operates in the   Chemical - Paint And Adhesives sector with a focus on adhesives and sealants. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. HP Adhesives IPO size is ₹ 125.96 Cr. with fresh issue size of ₹ 113 and Offer for sale being ₹ 12.52 Cr.

When is HP Adhesives IPO allotment?

The IPO allotment date for HP Adhesives IPO is expected to be 22nd December 2021, after the finalization of basis of allotment. Investors can check HP Adhesives IPO allotment status on the registrars website, Bigshare Services Private Limited . HP Adhesives IPO refund dates are 23rd December 2021.

When is HP Adhesives IPO listing date?

HP Adhesives IPO is expected to be listed on 27th December 2021.

What is the price band for HP Adhesives IPO?

The upper price band for the HP Adhesives IPO is set at ₹ 274.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is HP Adhesives IPO Review?

For IPO analysis on HP Adhesives IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for HP Adhesives IPO?

To apply for the HP Adhesives IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th December 2021. After submission, funds are blocked until the basis of allotment of HP Adhesives IPO is finalised.

Who is the merchant banker of HP Adhesives IPO?

The merchant banker for HP Adhesives IPO is Unistone Capital Private Limited . Unistone Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the HP Adhesives IPO RHP for further details.

Who is the Registrar of HP Adhesives IPO?

The registrar for HP Adhesives IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to HP Adhesives IPO through their official website or helpline.

What is the HP Adhesives IPO subscription?

HP Adhesives IPO was subscribed 20.96 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

HP Adhesives IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on HP Adhesives Financial Review Page

HP Adhesives IPO subscription was 20.96 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

HP Adhesives IPO listed at a listing price of 334.95 against the offer price of 274.00.

The current market price of HP Adhesives is 51.31.

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