HP Adhesives Limited IPO
HP Adhesives Limited IPO is listed on BSE and NSE, priced at ₹262–₹274 per share. The stock debuted at ₹315, delivering a listing gain of 15.0%. The IPO had a lot size of ₹50 shares and a minimum investment of ₹13,700.
HP Adhesives Limited
- IPO Dates
- Dec 15, 2021 – Dec 17, 2021
- Price band
- ₹262-274 per equity share
- Minimum Investment
- ₹13,700
- Issue size
- Total 125.96 Crores : Fresh Issue: 41,40,000 Shares + OFS: 4,57,200 Shares
- Lot size
- 50
- Allotment Date
- Dec 23, 2021
- Listing
- Dec 27, 2021
- Listing At
- BSE, NSE
IPO timeline
-
Dec 15, 2021
Open Date
Completed
-
Dec 17, 2021
Close Date
Completed
-
Dec 23, 2021
Allotment Date
Completed
-
Dec 27, 2021
Listing Date
Completed
Price Summary
- Last closing
- 36.97 (-86.51%)
- 52 week high
- 54.60
- 52 week low
- 26.52
- Last update
HP Adhesives Limited IPO Essentials
HP Adhesives Limited IPO Details
HP Adhesives Limited IPO is priced at ₹262-274 per share with a total issue size of Total 125.96 Crores : Fresh Issue: 41,40,000 Shares + OFS: 4,57,200 Shares. The IPO has a lot size of 50 shares and is listed on BSE and NSE.
- Issue price
- ₹262-274 per equity share
- Lot size
- 50 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total 125.96 Crores : Fresh Issue: 41,40,000 Shares + OFS: 4,57,200 Shares
- Listing at
- BSE, NSE
- List price
- 315.00(NSE)
- Listing date
- Registrar
- Big Share Services Private Limited
- Lead manager
-
Unistone Capital Private Limited
HP Adhesives Limited IPO Analytics
HP Adhesives Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
HP Adhesives Limited IPO Subscription Status
HP Adhesives Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 13,79,200 |
6,89,580
|
4,59,720 | 25,28,500 |
|
Day 1
15-12-21 05:00 PM
|
0.00 x |
0.38x
|
18.57 x | 3.48 x |
|
Day 2
16-12-21 05:00 PM
|
0.34 x |
1.90x
|
40.28 x | 8.03 x |
|
Day 3
17-12-21 05:00 PM
|
1.82 x |
19.04x
|
81.24 x | 20.95 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 644790 (Approx) | 70.13 | ||
HP Adhesives Limited Valuations
Earnings
- EPS (Post IPO)
- ₹5.47/-
- P/E Ratio
- 50.05
Returns
- RoNW
- 79%
HP Adhesives Limited Financials( In Crs.)
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 89.77 | 56.81 | 56.71 |
| Revenue | 123.87 | 97.90 | 87.97 |
| Profit After Tax | 10.05 | (4.67) | 4.00 |
HP Adhesives Limited Company & Offer Insights
About HP Adhesives Limited
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.
HP Adhesives Limited Promoter(s)
Anjana Haresh Motwani, Karan Haresh Motwani are the company's promoters of HP Adhesives Limited.
HP Adhesives Limited IPO Issue 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 admeasuring about 4,532.57 sq. mtrs.
HP Adhesives Limited IPO - Anchor Investors
HP Adhesives raises Rs 56.68 crore from three anchor investors ahead of IPO
Coeus Global Opportunities Fund bought 5,47,500 equity shares, 3 Sigma Global Fund 9.66 lakh equity shares, and AG Dynamic Funds acquired 5,55,200 equity shares in the company, through the anchor book.
HP Adhesives Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| HP Adhesives | 10.38 | 50.50 | 79.00% | 123.87 |
| Pidilite Industries | 19.66 | 86.35 | 22.77% | 7,372.11 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
HP Adhesives Limited IPO is a book-built IPO worth ₹Total 125.96 Crores : Fresh Issue: 41,40,000 Shares + OFS: 4,57,200 Shares. The price band is ₹262–₹274 per share. The IPO opens on Dec 15, 2021 and closes on Dec 17, 2021. It will be listed on BSE and NSE. Big Share Services Private Limited is the registrar.
The price band of HP Adhesives Limited IPO is ₹262 to ₹274 per share.
The lot size of HP Adhesives Limited IPO is 50 shares.
The minimum investment for HP Adhesives Limited IPO is approximately ₹13,700 based on the upper price band .
HP Adhesives Limited IPO opens on Dec 15, 2021 and closes on Dec 17, 2021.
The allotment date of HP Adhesives Limited IPO is Dec 23, 2021.
HP Adhesives Limited IPO is expected to be listed on Dec 27, 2021, on BSE and NSE .
HP Adhesives Limited IPO listed on Dec 27, 2021. It was issued at ₹315.00(NSE) and is currently around ₹36.97 as on 14-May-2026 3:30 PM, which is approximately -86.5% versus issue price. The 52-week high is ₹54.60.
Based on listing and post-listing performance, HP Adhesives Limited IPO delivered around -86.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy HP Adhesives Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
HP Adhesives Limited IPO valuation snapshot: P/E 50.05, EPS ₹5.47/-, P/B N/A, RoNW 79%, and market cap N/A.
To apply for HP Adhesives Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of HP Adhesives Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for HP Adhesives Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check HP Adhesives Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the HP Adhesives Limited IPO allotment status on IPO Ji for quick and easy access.