HP Adhesives Ltd. is an adhesives and sealants company. It manufactures a wide range of consumer adhesives and sealants that have applications in multiple industries such as plumbing and sanitary, drainage and water distribution, general-purpose building/ construction and interior operations as well as for glazing operations, woodwork, footwear, automotive, foam-furnishing, and other varied industries.

It is amongst the leading manufacturing companies in India in the consumer segment of the adhesive industry and also exports its products to several countries, through a network of distributors and direct customers.

As of September 30, 2021, their distribution network comprised 4 depots situated in Delhi, Kolkata, Bengaluru, and Indore and more than 750 distributors who cater to more than 50,000 dealers in India.

The public offer includes a fresh issue of 41.4 lakh equity shares and an offer for sale of 4.57 lakh shares from the selling shareholders.

Financial Snapshot

Financial Year Ended	Revenue (₹ Crores)	PAT (₹ Crores)	EPS (₹)
March 2019	87.97	4.0	3.08
March 2020	97.90	- 4.67	- 3.59
March 2021	123.87	10.05	7.74
Six months ended Sept 2021	72.73	3.1	2.22

IPO Schedule

Issue Period	15th December to 17th December
Finalization of Allotment	22nd December 2021
Initiation of Refunds	23rd December 2021
Credit of Shares	24th December 2021
Date of Listing	27th December 2021
Mandate end date	2nd January 2022

How do I apply to the HP Adhesives Limited IPO?

You can apply for the HP Adhesives Limited IPO using any supported UPI app by following two steps:

• Enter your bid on Console
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for HP Adhesives Limited IPO?

You can check the allotment status for the HP Adhesives Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.