Exchanges
BSE, NSE
Industry
Specialty Chemicals
Issue
Book building

HP Adhesives IPO

₹330.75

+20.71% on listing

Listing-day close · NSE · 27 Dec 2021 · issue price ₹274

HP Adhesives’ ₹126 crore IPO was priced at ₹274 a share. It listed on the NSE on 27 Dec 2021 and closed its first day at ₹330.75, up 20.71% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹126 Cr
Fresh issue
₹113 Cr
Offer for sale
₹12.53 Cr
Lot size
50 shares
Minimum investment
₹13,700
Face value
₹10
Registrar
Bigshare Services

Subscription

HP Adhesives IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—8.45×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹503 Cr
Promoter holding
95.00% → 71.00%

From the offer documents.

Listing

Listing date
27 Dec 2021
Issue price
₹274
Open
₹315.00
High
₹330.75
Low
₹315.00
Close
₹330.75

Listing day on the NSE. The close was +20.71% on the issue price.

HPAL share price today

FAQs

When did the HP Adhesives IPO open and close?

It opened on 15 Dec 2021 and closed on 17 Dec 2021.

What was the HP Adhesives IPO price?

The price band was ₹262–274 a share. The final issue price was ₹274.

What is the lot size and minimum investment?

One lot is 50 shares, ₹13,700 at ₹274 a share. Retail investors apply in whole lots.

How much did HP Adhesives raise?

₹126 crore: ₹113 crore of new shares and ₹12.53 crore offered by existing shareholders.

How many times was the HP Adhesives IPO subscribed?

8.45 times overall.

How did HP Adhesives list?

It listed on the NSE on 27 Dec 2021 at ₹315.00 and closed the day at ₹330.75, up 20.71% on the ₹274 issue price.

Who is the registrar of the HP Adhesives IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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