HP Adhesives Limited IPO [HP Adhesives IPO] Details

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.

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.

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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

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HP Adhesives IPO – Promoters

ANJANA HARESH MOTWANI AND KARAN HARESH MOTWAN

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COMPANY FINANCIALS

Summary of Restated Consolidated Financial Information

For the year/period ended ( ₹ in millions)

Particulars
	31-Mar-21	31-Mar-20	31-Mar-19
Total Revenue	1,238.79	979.07	879.76
Profit After Tax	100.59	(46.70)	40.00
Total Assets	897.78	568.11	567.17

Total Revenue : 727.32 30-Sep-21

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

Total Assets: 1,049.10 30-Sep-21

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IPO Date and Price Band

Issue Open Date	15 December 2021
Issue Close Date	17 December 2021
Issue Type	Book Built Issue
Face Value	₹ 10 per equity share
IPO/Issue Price	₹ 262 to ₹ 274 per equity share
Market Lot	50 Shares
Min Order Quantity	50 Shares
Listing At	BSE, NSE

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IPO/ Issue Time Line [Tentative]

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HP Adhesives IPO Prospectus (RHP)

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HP Adhesives IPO FAQs

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