HP Adhesives IPO subscription is to start from December 15, 2021, Wednesday. The company to raise ₹126 crores via IPO at a price band of ₹262 to ₹274. The retail portion of this IPO is 10%, QIB is 75% and HNI is 15% quota. The IPO subscription will close on December 17, 2021, Friday. The minimum bid for the IPO is 50 shares that cost ₹13,700 for 1 lot. The face value is ₹10 per equity share. HP Adhesives adhesives and sealants company based in India and one of the leaders in Asia for solvent cement. The company reported ₹123 crores of revenues in 2021 against ₹86 crores in 2020. Please check the HP Adhesives IPO details over here.

IPOWatch View

HP Adhesives IPO Subscription Status (Live Data Day 1)

Category Day 1 Day 2 Day 3
QIB
NII
RII
Total

HP Adhesives IPO Date & Price Band

 IPO Open:  15 December 2021
 IPO Close:  17 December 2021
 IPO Size:  Approx ₹126 Crores
 Fresh Issue:  Approx ₹113 Crores
 Offer for Sale:  Approx 4,57,200 Equity Shares 
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹262 to ₹274 Per Share
 Listing on:  BSE & NSE
 Retail Quota:  10%
 QIB Quota:  75%
 NII Quota:  15%
 Discount:  N/A
 DRHP Draft Prospectus:  Click Here
 RHP Draft Prospectus:  Click Here

HP Adhesives IPO Market Lot

The HP Adhesives IPO minimum market lot is 50 shares with ₹13,700 application amount. The retail investors can apply up-to 14 lots, 700 shares with ₹191,800 application amount.

 Minimum Lot Size:  Minimum 50 Shares for 1 lot
 Minimum Amount:  ₹13,700 for 1 lot
 Maximum Lot Size:  Maximum 700 Shares for 14 lot
 Maximum Amount:  ₹191,800 for 14 lot

HP Adhesives IPO Time Table

The HP Adhesives IPO date is 15 December 2021 and the IPO close date is 17 December 2021. The allotment date is 22 December 2021 and the IPO may list on 27 December 2021.

 Price Band Announcement:  08 December 2021
 Anchor Investors Allotment:  14 December 2021
 IPO Open Date:  15 December 2021
 IPO Close Date:  17 December 2021
 Basis of Allotment:  22 December 2021
 Refunds:  23 December 2021
 Credit to Demat Account:  24 December 2021
 IPO Listing Date:  27 December 2021

HP Adhesives IPO Subscription FAQs:

When HP Adhesives IPO Subscription will start?

The IPO subscription starts on 15 December 2021 for QIB, NII, and Retail Investors.
How much HP Adhesives IPO subscribed?

The IPO subscribed 0.00x times on day 1.
What is HP Adhesives IPO Retail subscription status?

The RII subscription is 0.00x on day 1.
How to subscribe HP Adhesives IPO?

You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live HP Adhesives IPO Subscription Numbers?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE website. One can check the live subscription on BSE or NSE website on the particular IPO page.

– Source : IPOWATCH

The post HP Adhesives IPO Subscription Status {Live Data Day 1} appeared first on Correct Success.


Reader's opinions

Leave a Reply


Current track

Title

Artist