HP Adhesives IPO 2021-Share Price, Dates, Allotment, Lot size, Reviews, Company Financials

HP Adhesives IPO 2021-Share Price, Dates, Allotment, Reviews, Company Financials: Here you can find all the information about HP adhesives IPO, HP Adhesives IPO Price, HP Adhesives IPO Size, HP Adhesives IPO Dates, HP Adhesives IPO Lot Size, Minimum Maximum Shares, Allotment Detail, HP Adhesives Company Financials and details about company.

HP Adhesives IPO Key Details

IPO Open DateDec 15, 2021
IPO Close DateDec 17, 2021
IPO PriceRs. 262 to 274 per share
One Lot Size50 Shares
ExchangesBSE, NSE
Issue Size4,597,200 Equity Shares (Worth Rs. 125.96 Crore)
Fresh Issue4,140,000 Equity Shares (Worth Rs. 113.44 Crore)
Offer for Sale457,200 Equity Shares (Worth Rs. 12.53 Crore)
HP Adhesives IPO 2021-Share Price, Dates, Allotment, Lot size, Reviews, Company Financials

HP Adhesives IPO Size

Issue TypeTotal Equity Shares
Fresh Issue41.40 lakh equity shares (Worth Rs. 113.44 Crore)
Offer for Sale4.57 lakh equity shares (Worth Rs. 12.53 Crore)

HP Adhesives IPO Dates

EventsDates
Open DateDec 15, 2021
Close DateDec 17, 2021
Allotment DateDec 22, 2021
Refunds InitiationDec 23, 2021
Credit of Shares to
Demat Account
Dec 24, 2021
Listing on exchangesDec 27, 2021

Also see : 
> Upcoming IPOs in 2021-22 India
> Top 7 Ways To Increase Chance Of Getting IPO Allotment

HP Adhesives IPO Min-Max Lot Size

Min/MaxLotsSharesTotal Price
Minimum150Rs. 13,700
Maximum14700Rs. 191,800

HP Adhesives IPO Promoter Holding

Promoter Share HoldingPercentage
Pre Issue95.31%
Post Issue92.18%

HP Adhesives Company Financials

Rs. in MillionsMarch 
2021
March
2020
Total Assets897.789568.112
Total Revenue1238.796868.330
Profit/(Loss)
After Tax
100.597(47.285)

HP Adhesives Company Details

HP Adhesives was incorporated in May 2019, HP Adhesives is the flagship company of the HP Group is the largest manufacturer of Solvent Cements in Asia. The annual turnover of the company is above 15 Million USD, and a group turnover exceeding 40 Million USD.

Established in 1978 by the Motwani family, HP Group has expanded in diverse business streams. Its imprints are in Adhesive, Plumbing, Plumbing Accessories, Textile, Logistics, Real Estate, and Engineering industries.

HP Group’ target to exceed USD 100 Million in revenue by 2022 makes up its strategy for the years to come.