What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of HP Adhesives Limited IPO?

HP Adhesives Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

HP Adhesives Limited

ListedMainboard

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

₹80

+29.2%

Est. Listing

₹354

at current GMP

Subscribed

—

Open

15 Dec 2021

17 Dec 2021

Allotment

22 Dec 2021

Refund

23 Dec 2021

Demat Credit

24 Dec 2021

Listing

27 Dec 2021

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	2,298,540	—	0.00x
Non-Institutional (NII / HNI)	689,562	—	0.00x
Retail Individual (RII)	1,608,978	—	0.00x
Total	4,597,080	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	32,180	32,180	1.00x
HNIs (10L +)	206	206	1.00x
HNIs (2-10L)	985	985	1.00x
Total Applications	33,371	33,371	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About HP Adhesives Limited Public Issue & Market Profile

HP Adhesives Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹125.96 Crores. The shares are offered at a price band of ₹262 to ₹274 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 50 shares (approx. ₹13,700 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-12-24, while un-allotted funds or UPI block mandates will be released on 2021-12-23.

Frequently Asked Questions

What is HP Adhesives Limited IPO GMP today?

The latest Grey Market Premium (GMP) for HP Adhesives Limited IPO is ₹80 per equity share. Based on the upper price band of ₹262 to ₹274 per equity share, the estimated listing price is ₹354 (+29.2% expected listing gain).

What is the expected profit per lot for HP Adhesives Limited IPO?

With a lot size of 50 shares and current GMP of ₹80, the expected profit per application lot is approx ₹4,000 (+29.2% gain). Minimum application cost is approx ₹13,700.

What is the issue size and price band for HP Adhesives Limited IPO?

The HP Adhesives Limited IPO aggregate issue size is ₹125.96 Crores with an equity price band set at ₹262 to ₹274 per equity share. The retail lot size is 50 shares requiring a minimum capital outlay of approx. ₹13,700.

How can I check HP Adhesives Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will HP Adhesives Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2021-12-22. Investors can verify status using PAN card or application number.

When is the listing date for HP Adhesives Limited IPO?

HP Adhesives Limited shares are scheduled to list on NSE and BSE on 2021-12-27.