HP Adhesives IPO GMP Today
How to Open Demat Account, Demat Account
HP Adhesives IPO GMP Today?
IPO GMP is Rs # as of today.
HP Adhesives Gray Market Premium today:
IPO GMP is ₹# as of today.
What is HP Adhesives Limites IPO GMP Today?
IPO GMP is ₹# as of today.
HP Adhesives IPO Kostak Rate Today:
Rs: #
What is HP Adhesives IPO Kostak Rate Today?
IPO Kostak Rate is Rs #- as of today.
HP Adhesives IPO Subject to Sauda:
Rs: #Na
- HP Adhesives IPO GMP Today?
- HP Adhesives Gray Market Premium today:
- What is HP Adhesives Limites IPO GMP Today?
- HP Adhesives IPO Kostak Rate Today:
- What is HP Adhesives IPO Kostak Rate Today?
- HP Adhesives IPO Subject to Sauda:
- Objects Of The Offer:
- HP Adhesives Limites IPO Details:
- HP Adhesives Limited IPO Timeline, IPO Open Date, Listing Date, Refund Date
- Offer Breakup
- Important Financial Data:
- Prospectus Document:
- What is HP Adhesives IPO?
- HP Adhesives IPO Opening Date?
- When HP Adhesive IPO will open?
- HP Adhesives Limited IPO Open?
- Registered Office
- How to apply on Zerodha, HP Adhesives IPO through Zerodha?
Founded
1987
Managing Director
Managing Director of The Company, Namely KARAN HARESH MOTWANI.
Company Promoters:
Promoters of the Company, ANJANA HARESH MOTWANI AND KARAN HARESH MOTWANI.
About the company.
The Company was originally formed as a partnership firm under the name and style of “M/s. H.P. International” pursuant to a deed of partnership dated January 01, 1987. M/s. HP International was thereafter converted into a private limited company “HP Adhesives Private Limited” on May 07, 2019, pursuant to the provisions of Chapter XXI of the Companies Act. Subsequently, our Company has been converted into a public limited company and the name of our Company changed to “HP Adhesives Limited” pursuant to a special resolution passed at the Extra-Ordinary General Meeting of the Company held on June 23, 2021 and a fresh Certificate of Incorporation dated July 01, 2021
issued by the RoC. For details in relation to the change in our Registered of our Company, see “History and Certain Corporate Matters” beginning on page 175 of this Red Herring Prospectus.
It is a fast-growing, multi-category consumer adhesives and sealants company. For its largest product category – PVC solvent cement, it is amongst the leading manufacturing companies in India in the consumer/ bazaar segment of the adhesive industry. It 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 lubricant. The products are sold across India and are also exported to several countries, through a network of distributors and direct customers. It also manufactures these products for select large PVC pipe manufacturing companies under co-branding or private label on order basis. Apart from the above products, it also sells ancillary products like ball valves, thread seal and other tapes and FRP products for drainage and architectural solutions that are distributed along with its products to the end customers through the distribution network.
Objects Of The Offer:
- Funding the working capital requirements of the company
- Funding capital expenditure for expansion of production capacity at the existing
- manufacturing facility at Village Narangi, Raigad, Maharashtra
- General corporate purposes
Additionally, the company believes that the listing of Equity Shares will enhance the company’s corporate image, brand name and create a public market for its Equity Shares in India.
HP Adhesives Limites IPO Details:
Issue Amount : Upto Rs 125.96 Cr
Post Issue Implied Market Cap: Upto ₹503.47 Cr at Upper band
Total shares on offer : Upto # 45,97,200 Equity Shares
Face Value : ₹10 per share
Price Band : ₹262 to ₹274
Lot Size : 50 shares
IPO Registrar :BIGSHARE SERVICES PRIVATE LIMITED.
HP Adhesives Limited IPO Timeline, IPO Open Date, Listing Date, Refund Date
| IPO Open Date | Dec 15, 2021 |
| IPO Close Date | Dec 17, 2021 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | Dec 22, 2021 |
| Initiation of Refunds | Dec 23, 2021 |
| Credit of Shares to Demat Account | Dec 24, 2021 |
| IPO Listing Date (Trading commence) NSE & BSE | Dec 27, 2021 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 75% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 10% |
| Employee | – |
Important Financial Data:
For the year/period ended (₹ in Crore) Last Three Year
| Particulars (in ₹ Crore) | As at March 31, 2021 | As at March 31, 2020 | As at March 31, 2019 |
|---|---|---|---|
| Total Assets | 90 | 57 | 57 |
| Total Revenue | 118 | 95 | 87 |
| Net Profit & Loss for the period | 10 | -2 | 4 |
Prospectus Document:
Download RHP File
Download DRHP File
What is HP Adhesives IPO?
Issue Amount : Upto Rs 125.96 Cr.
HP Adhesives IPO Opening Date?
HP Adhesives IPO will open in 15 December 2021.
When HP Adhesive IPO will open?
The HP Adhesive IPO opens on Dec 15, 2021 and closes on Dec 17, 2021.
HP Adhesives Limited IPO Open?
15 Dec 2021 to 17 Dec 2021.
Registered Office
Registered Office:
11, Unique House, Chakala Cross Road,
Andheri East, Mumbai – 400 099, Maharashtra, India,
Telephone: 022 68196300; +91-8097520674
Contact Person: Jyoti Nikunj Chawda, Company Secretary and Compliance Officer;
E-mail: investors@hpadhesives.com; Website: www.hpadhesives.com
Corporate Identity Number: U24304MH2019PLC325019
How to apply on Zerodha, HP Adhesives IPO through Zerodha?
Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in HP Adhesives IPO by login into Zerodha Console (back office) and Select an I.P.O application form.
Steps to apply in HP Adhesives IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘HP Adhesives IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can chek status on zerodha console.