HP Adhesives IPO to hit the market on December 15 and to close on December 17, 2021. HP Adhesives Limited IPO to raise around Rs.126 crores via IPO that comprises fresh issue of Rs.113 crores and offer for sale up to 4,57,200 equity shares of Rs.10 each. The retail quota is 10% while QIB is 75% and HNI is 15%.
HP
Adhesives are an adhesives and sealants company based in India. The
company is one of the leading manufacturers of solvent cement in Asia.
They are a flagship company of HP Group. The product range includes PVA,
acrylic and synthetic rubber adhesives, silicone and other sealants,
gasket shellac, PVC, and PVC pipe lubricant. They have their
multi-product manufacturing facility is in Maharashtra. The company has a
strong distributions network with over 50000 dealers in India, 7
depots, and 750 distributors. They have a good market presence in India
and Internationally. They are exporting their products to 21 countries
across the globe.
HP Adhesives IPO Details
| Subscription Dates | 15 – 17 December 2021 |
| Price Band | INR262 – 274 per share |
| Fresh issue | 41,40,000 shares (INR108.47 – 113.47 crore) |
| Offer For Sale | 4,57,200 shares (INR11.98 – 12.53 crore) |
| Total IPO size | 45,97,200 shares (INR120.45 – 125.96 crore) |
| Minimum bid (lot size) | 50 shares |
| Face Value | INR10 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
HP Adhesives IPO Market Lot
The HP Adhesives IPO minimum market lot is 50 shares with ₹13,700 application amount. The retail investors can apply up-to 14 lots, 700 shares with ₹191,800 application amount.
HP Adhesives IPO Date, Time Table, Allotment & Listing
The HP Adhesives IPO date is 15 December 2021 and the IPO close date is 17 December 2021. The allotment date is 22 December 2021 and the IPO may list on 27 December 2021.
HP Adhesives Company Financial Report
| Rs. in Crores | |||||
| Income | Expense | PAT |
|||
| 2019 | - | - | - | ||
| 2020 | Rs.86.83 | Rs.80.32 | -Rs.4.73 | ||
| 2021 |
Rs.123.88 | Rs.106.19 | Rs.10.06 | ||
HP Adhesives IPO GMP(Current)
GMP - Rs.
Kostak- Rs.
Subject to Sauda-Rs.
Company Promoters
- ANJANA HARESH MOTWANI
- KARAN HARESH MOTWANI
HP Adhesives IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri (East), Mumbai 400 059
Telephone:022-62638200
Facsimile:022-63638280
Email:ipo@bigshareonline.com
Investor grievance email:investor@bigshareonline.com
Contact Person: Ms. Ashish Bhope
Website: www.bigshareonline.com
SEBI Registration Number: INR000001385
CIN: U99999MH1994PTC076534U6
Note: Check HP Adhesives IPO allotment status on Bighsare website allotment URL. Click Here
HP Adhesives IPO Lead Managers
- UNISTONE CAPITAL PRIVATE LIMITED
Company Address
HP Adhesives Limited
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
No comments:
Post a Comment