1. Completed
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Mainboard issue. Listed.
Source: IPO Guru Pro
Company information, issue size, price band, lot size, minimum investment, and the dates published for this issue.
HP Adhesives Limited is a multi-product consumer adhesives and sealants company. In PVC solvent cement, its largest category, it is among the leading makers in the consumer or bazaar segment, as per CRISIL Research. Its range covers PVC, cPVC and uPVC solvent cement, synthetic rubber adhesive, PVA adhesives, silicone and acrylic sealants, gasket shellac and PVC pipe lubricants. These are used in plumbing, drainage, construction, interiors, glazing, woodwork, footwear and automotive work. It also makes products for large PVC pipe makers under co-branding or private label. It also sells ancillary products such as ball valves, thread seal tapes and FRP products. On 30 September 2021 it had 4 depots in Delhi, Kolkata, Bengaluru and Indore and more than 750 distributors, and it exports to several countries. The IPO was Rs 125.96 crore, with Rs 113.44 crore of fresh issue and Rs 12.53 crore of offer for sale. Rs 54.00 crore was planned for working capital and Rs 25.51 crore for an expansion.
Current premium in rupees, the derived percentage, and the indicative price. History shows observed readings only. A missing premium is unavailable, not ₹0.
Grey Market Premium (GMP) is an unofficial market indicator and is not published by stock exchanges. Estimated listing values are illustrative, may change, and should not be considered a forecast or investment recommendation.
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Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
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Last updated: Unavailable
Last updated: Unavailable
Source: IPO Guru Pro Data by IPO Guru
History retrieved: 10 Nov 2026, 3:15 PM IST
No day-wise subscription history is loaded. Missing days are left blank and are not plotted as zero.
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
Revenue and profit are in rupees for each reporting period. Assets, liabilities, and ratios use the source unit when the statement includes them. Missing figures stay blank.
| Metric (Rs. Crore) | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 104.91 | 89.78 | 56.81 | 56.72 |
| Total Income | 72.73 | 123.88 | 97.91 | 87.98 |
| Profit After Tax |
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This is the actual change from the issue price to the listing price. It is separate from the unofficial GMP estimate. A missing price stays unavailable.
RHP, DRHP, and other links that passed the official address check. Unverified addresses are left out.
Data by IPO Guru · Updated
HP Adhesives makes consumer adhesives and sealants such as PVC solvent cement, synthetic rubber adhesives and silicone sealants. Its total income was Rs 123.88 crore in FY2021.
Anjana Haresh Motwani and Karan Haresh Motwani
1. Completed
2. Completed
3. Completed
4. Completed
Refund
Demat credit
No intraday GMP history is loaded. Missing slots are not filled in.
High unavailable · Low unavailable
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
| 3.10 |
| 10.06 |
| -4.67 |
| 4.00 |
| EBITDA | 7.34 | 17.69 | 6.92 | 8.70 |
| NET Worth | 37.56 | 12.66 | 2.48 | 14.66 |
| Reserves and Surplus | 23.33 | -0.34 | -10.52 | 1.66 |
| Total Borrowing | 29.74 | 42.20 | 34.61 | 23.58 |