
Chemicals · NSE / BSE
HP Adhesives Limited is a manufacturer of adhesives and sealants, producing products such as PVC, cPVC, and uPVC solvent cement, synthetic rubber adhesives, PVA adhesives, silicone and acrylic sealants, gasket shellac, and PVC pipe lubricants. These products serve multiple industries, including plumbing, sanitation, drainage, water distribution, construction, interior operations, glazing, woodwork, footwear, automotive, and foam furnishing. The company also offers ancillary products like ball valves, thread seals, tapes, and FRP products for drainage and architectural solutions. As of September 30, 2021, HP Adhesives operates a distribution network of four depots in Delhi, Kolkata, Bengaluru, and Indore, with over 750 distributors serving more than 50,000 dealers across India. Its multi-product manufacturing facility is located in Village Narangi, Raigad, Maharashtra, and the company exported its products to 21 countries in FY 2020-21.
Price Band
₹262 – ₹274
Issue Size
₹126 Cr
Lot Size
50 shares
GMP
+29.2%
Est. Listing
₹354
at current GMP
Subscribed
—
Open
15 Dec 2021
Close
17 Dec 2021
Allotment
22 Dec 2021
Refund
23 Dec 2021
Demat Credit
24 Dec 2021
Listing
27 Dec 2021