247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

HP Adhesives Limited IPO (HP Adhesives IPO) Details

HP Adhesives Limited is an Chemical - Paint And Adhesives based company, located in Mumbai, HP Adhesives Limited IPO size was 125.96 Cr. and was issued at 274.00 per share. The share of HP Adhesives Limited were listed at 334.95 per share and are currently trading at 72.45 per share.

Type :
Sub Sector : Adhesives And Sealants
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
145.46 Cr.

PAT :
6.20 Cr.

Pricing Report

Issue Price :
274.00

Listing Price :
334.95

Current Market Price :
72.45

Issue Price vs CMP :
201.55 (73.56%)

listing Price vs CMP :
262.5 (78.37%)

Performance Report (CAGR* wise)

CAGR : -35.15
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About HP Adhesives

Company Information
HP Adhesives Limited is a fast-growing multi-product, multi-category consumer adhesives and sealants provider. In its largest product category, PVC solvent cement, the company is among the leading manufacturing companies in India in the consumer/bazaar segment of the adhesive industry (Source: CRISIL Research). It manufactures a wide range of consumer adhesives and sealants, including PVC, cPVC, and uPVC solvent cement, synthetic rubber adhesive, PVA adhesives, silicone sealant, acrylic sealant, gasket shellac, other sealants, and PVC pipe lubricant, which are sold across India through an extensive distribution network of distributors. The company also exports these products to several countries through its network of distributors and direct customers. Additionally, it manufactures these products for select large PVC pipe manufacturing companies under co-branding or private label on an order
Show More
Object of Issue
  • Funding the working capital requirements of the company
  • Funding capital expenditure for expansion of production capacity at the existing manufacturing facility in Maharashtra and at the additional unit having a proposed construction area admeasuring about , sqmtrs

HP Adhesives MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2021
IPO Size :
125.96 Cr.
IPO Subscription :
20.96 X     
PE Multiple :
50.00
IPO Registrar:
Bigshare Services Private Limited

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other MainBoard IPOs in Mumbai

Abans Holdings Limited

  financial service arm of the well-diversified Abans group

  Mumbai



Advanced Enzyme Technologies Limited

  research and development manufacturing and marketing of healthcare products

  Mumbai


Peer Companies Of This Sector

FAQs

HP Adhesives operates in Chemical - Paint And Adhesives and Adhesives And Sealants. The Issue is listed on MainBoard in Dec, 2021. HP Adhesives IPO size was 125.96 Cr. with Issue price of 274.00 .

Merchant Banker(s) of HP Adhesives IPO: Unistone Capital Private Limited

HP Adhesives IPO subscription was 20.96 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

HP Adhesives IPO listed at a listing price of 334.95 against the offer price of 274.00.

The current market price of HP Adhesives is 72.45.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency