HP Adhesives Limited IPO

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.

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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. Read more

Check out some recent financials figures of the company:

How do I apply for 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 rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.