HP Adhesives IPO

HP Adhesives Limited IPO [HP Adhesives IPO] Details

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HP Adhesives Limited IPO opens on 15-Dec-2021 and it will close on 17-Dec-2021 as per the Red Herring Prospectus (RHP). HP Adhesives sets IPO price band at Rs 262-274, issue to open on Wednesday.

₹ 13,100/50 Shares

Minimum Investment

Lot Size

50

Price Range

₹ 262 – ₹ 274

Looking to Invest in IPO

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About the HP Adhesives Limited

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, the Company has been converted into a public limited company and the name of the 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.


A fast-growing multi-product, multi-category consumer adhesives and sealants company.

Leading manufacturing companies in India in the consumer/ bazaar segment of the adhesive industry

Competitive Strengths

  • Consistently growing company with established brand presence
  • Wide Product Portfolio and multiple SKUs
  • Focusing on multiple end-user industries
  • Diversified customer-base
  • Synergy of young and experienced management team with a committed employee base
Registered and Corporate Office

Registered Office: 11, Unique House, Chakala Cross Road, Andheri East, Mumbai – 400 099, Maharashtra, India, Telephone: 022 68196300; +91-8097520674

Website and Contact Person

Website:www.hpadhesives.com

Contact Person: Jyoti Nikunj Chawda, Company Secretary and Compliance Officer; E-mail: investors@hpadhesives.com;

Corporate Identity Number

Corporate Identity Number: U24304MH2019PLC325019


HP Adhesives IPO – Promoters

ANJANA HARESH MOTWANI AND KARAN HARESH MOTWAN


COMPANY FINANCIALS

Summary of Restated Consolidated Financial Information

For the year/period ended ( ₹ in millions)

Particulars
 31-Mar-2131-Mar-2031-Mar-19
Total Revenue1,238.79979.07879.76
Profit After Tax100.59(46.70)40.00
Total Assets897.78568.11567.17

Total Revenue : 727.32 30-Sep-21

Profit After Tax (PAT):31.02 30-Sep-21

Total Assets: 1,049.10 30-Sep-21


IPO Date and Price Band

Issue Open Date15 December 2021
Issue Close Date17 December 2021
Issue TypeBook Built Issue
Face Value₹ 10 per equity share
IPO/Issue Price₹ 262 to ₹ 274 per equity share
Market Lot50 Shares
Min Order Quantity50 Shares
Listing AtBSE, NSE

IPO/ Issue Time Line [Tentative]

15 December 2021

Issue Open Date

Issue Close Date

17 December 2021
22 December 2021

Basis of Allotment Date

Initiation of Refunds

23 December 2021
24 December 2021

Credit of Shares to Demat Account

IPO Listing Date

27 December 2021

HP Adhesives IPO Prospectus (RHP)


HP Adhesives IPO Lead Managers

1. UNISTONE CAPITAL PRIVATE LIMITED

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, India Telephone: 022-62638200; Facsimile: 022-63638280 Email: ipo@bigshareonline.com; Investor grievance email: investor@bigshareonline.com Contact Person: Mr. Ashish Bhope
Website: http://www.bigshareonline.com
SEBI Registration Number: INR000001385
CIN: U99999MH1994PTC076534U6

HP Adhesives IPO FAQs

Q What is HP Adhesives IPO?


Ans. HP Adhesives is a main-board IPO. The issue is priced at ₹ 262 to ₹ 274 per equity share.

OPEN: 15 December 2021 CLOSE: 17 December 2021


Q How to apply for HP Adhesives IPO through Upstox?

Ans. Login to Upstox with the credentials. Select the IPO – HP Adhesives. Confirm your application. Block funds on your mobile UPI app. Open Demat Account Now With Upstox


Q When the HP Adhesives IPO will Open?

Ans. The HP Adhesives IPO Opens on 15 December 2021.


Q When the HP Adhesives IPO will Close?


Ans. The HP Adhesives IPO will close on 17 December 2021


Q What is HP Adhesives IPO Price Band?


Ans. The HP Adhesives IPO Price Band is ₹ 262 to ₹ 274 per equity share.


Q What is the HP Adhesives IPO Allotment Date?

Ans. The HP Adhesives IPO allotment date is 22 December 2021.


Q What is the HP Adhesives IPO Listing Date?


Ans. The HP Adhesives IPO Listing Date is 27December 2021.


Q What is the minimum lot size of HP Adhesives IPO?

Ans. The minimum bid is 50 Shares.


Q Who is the Registrar of HP Adhesives IPO?

Ans. BIGSHARE SERVICES PRIVATE LIMITED


Q Who are the Promoters of HP Adhesives?


Ans. ANJANA HARESH MOTWANI AND KARAN HARESH MOTWANI

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