IPO Trending
HPALEQ / NSE, BSEListed
HP Adhesives

HP Adhesives Limited is a manufacturer of adhesives and sealants, producing products such as PVC, cPVC, and uPVC solvent cement, synthetic rubber adhesives, PVA adhesives, silicone and acrylic sealants, gasket shellac, and PVC pipe lubricants. These products serve multiple industries, including plumbing, sanitation, drainage, water distribution, construction, interior operations, glazing, woodwork, footwear, automotive, and foam furnishing. The company also offers ancillary products like ball valves, thread seals, tapes, and FRP products for drainage and architectural solutions. As of September 30, 2021, HP Adhesives operates a distribution network of four depots in Delhi, Kolkata, Bengaluru, and Indore, with over 750 distributors serving more than 50,000 dealers across India. Its multi-product manufacturing facility is located in Village Narangi, Raigad, Maharashtra, and the company exported its products to 21 countries in FY 2020-21.

DRHPANCHOR
₹262 - ₹274Open
Listed Price₹315.00
Listing Gain+14.96%

IPO Schedule & Timeline

Bookbuilding IPO
Open15 Dec 2021
Close17 Dec 2021
Allotment22 Dec 2021
Listing27 Dec 2021

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB34,47,900 shares
75%
Nii (hni)6,89,580 shares
15%
Retail4,59,720 shares
10%

Minimum Application Lots

Retail1 Lot (50 shares)
₹13,700
sHNI15 Lots (750 shares)
₹2,05,500
bHNI73 Lots (3,650 shares)
₹10,00,100

Company Promoters

Anjana Haresh MotwaniKaran Haresh Motwani

Company Background

HP Adhesives Limited is a manufacturer of adhesives and sealants, producing products such as PVC, cPVC, and uPVC solvent cement, synthetic rubber adhesives, PVA adhesives, silicone and acrylic sealants, gasket shellac, and PVC pipe lubricants. These products serve multiple industries, including plumbing, sanitation, drainage, water distribution, construction...

Lead Managers & Bankers

Unistone Capital Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-21)₹727.32 Cr
Growth-17.3%
Revenue Trend (₹ in Crores)
0.0474.9949.71.4kMar-19Mar-20Mar-21Sep-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-21727.3231.021,049.100
Mar-211,238.79100.59897.78 0
Mar-20979.07- 46.70 568.110
Mar-19879.7640.00567.170

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
22 Dec 2021
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
27 Dec 2021

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for HP Adhesives. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization22 Dec 2021Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date27 Dec 2021Trading commences on exchange

How to Check HP Adhesives Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select HP Adhesives from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About HP Adhesives IPO

Complete issue overview for HP Adhesives (HPAL) IPO. The issue features an equity share price band of ₹262 – ₹274 per share with a minimum retail lot size of 50 Shares (minimum application amount of ₹13,700). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions