HP Adhesives IPO Allotment Status: The Initial Public Offering (IPO) for HP Adhesives is ready to release the IPO Allotment Status. The company’s IPO was subscribed 20.96 times. HP Adhesives clocked a profit of Rs 10.06 crore in FY21. The company received a bid for 5.29 crore Eq. shares against issue size of 25.28 lakh shares. There are two ways to check the IPO allotment status for HP Adhesives Ltd. Once the allotment status is declared, bidders will be able to check their allotment status online by logging in to the BSE website bseindia.com/investors/appli_check.aspx or Registrar’s website https://ris.kfintech.com/ipostatus/ipos.aspx).
HP Adhesives IPO Allotment Status
The finalization of the basis of share allotment of HP Adhesives IPO is expected to take place on 22 December 2021. Investors who could not get the shares of HP Adhesives may see the refunds being initialized on 23 December. Shares will be allotted to eligible investors’ dmat account on 24 December 2021. Followed by this, the share will be listed on 27 December 2021 on NSE & BSE. The Retail Individual Investors (RIIs) were subscribed 81 times, Non-Institutional Investors ( NII) were subscribed 19 times, and Qualified Institutional Buyers (QIBs) received bids 1.82 times. For more details read the article below.
|IPO Issue Dates||15 December 2021|
|Last date of Subscription||17 December 2021|
|Share Allotment Date||22 December 2021|
|Listing Date||27 December 2021|
HP Adhesives IPO Allotment Application Status
According to the NSE data, HP Adhesives IPO received the bid for 5,29,89,650 shares against the total issue size of 25,28,500 shares. With the help of required credentials, the eligible candidates can check their application status online by and logging in at the official BSE website or the IPO registrar’s website (Bigshare Services Pvt Ltd). HP Adhesives comprised a public issue of Rs 126 crore. The company had a fresh issue of Rs 113.43 crores and an offer for sale (OFS) of Rs 12.52 crore by Anjana Haresh Motwani. A huge number of candidates had applied for the application process. But, those candidates who will satisfy the company’s requirements can get the allotment of share. The company aims to use the proceeds to fund capital expenditure for proposed expansion and to support incremental working capital requirements.
|Price Band||Rs 262-274 per share|
|Fresh Issue||Rs 113.43 crore|
|Offer for Sale (OFS)||12.52 crores|
|Public Issue||126 crore crores|
|Issue Size||25,28,500 shares|
HP Adhesives IPO GMP Price, Subscription Status
As per the Media Reports, HP Adhesives shares have been commanding a Rs 75 premium in the grey market (GMP). Investors are looking forward to sharing the allotment date of the HP Adhesives IPO. So, eligible investors are advised to keep an eye on this page for the latest bulletins. Investors are suggested that the company will soon release the allotment date of share. So, kindly stay connected with us to stay updated about HP Adhesives IPO Allotment Status and read this page carefully. Also, check the links as well as the How to Check the HP Adhesives Allotment Status given below.
Check Online HP Adhesives IPO Share Allotment Status On BSE?
- Go to the website direct link: bseindia.com/investors/appli_check.aspx.
- Login you account.
- Selection the HP Adhesives IPO.
- Now, Enter the Application Number and PAN Number.
- Click on ‘I am not a robot’ button.
- Submit details and view HP Adhesives Allotment Status.
- Check the account details.
Steps to Check HP Adhesives IPO Allotment at Registrar Website?
- Go to the web portal of Bigshare Services Pvt Ltd
- Go to the drop down menu and Select Name.
- Select the HP Adhesives IPO.
- Enter the PAN details.
- Then, click on the Search button.
- Check HP Adhesives IPO allotment status.