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HP Adhesives Ltd

HP Adhesives Ltd

    Registered Office : 11Unique House Chakala CrossRd,Andheri East,Mumbai Maharashtra 400099 Phone : 91-022-68196300/8097520674
    Fax :

    Email : investors@hpadhesives.com

    Website : www.hpadhesives.com

Initial public offer of up to 45,97,200* equity shares of face value of Rs. 10 each ("Equity Shares") of HP Adhesives Limited ("Company") for cash at a price of Rs. 274/- per equity share (including a share premium of Rs. 264/- per equity share) ("Offer Price") aggregating up to Rs. 125.96 crore comprising a fresh issuance of up to 41,40,000 equity shares aggregating up to Rs. 113.44 crores by the company ("Fresh Issue") and an offer for sale of up to 4,57,200 equity shares aggregating up to Rs. 12.53 crores by Anjana Haresh Motwani ("Selling Shareholder") and such equity shares offered by the selling shareholder, the "Offered Shares") (such offer by the selling shareholder, the "Offer for Sale" and together with the fresh issue, the "Offer"). The offer would constitute 25.02% of the post- offer paid-up equity share capital of the company. *Subject to the finalization of basis of allotment. The face value of equity shares is Rs. 10 each. The offer price is 27.4 times the face value of the equity shares. Bids can be made for a minimum of 50 equity shares and in multiples of 50 equity shares thereafter.

Issue

Opens On

Closes On

15-Dec-2021

17-Dec-2021

Money Payable On

Application

Allotment

274.00

0.00

Minimum Application for shares in Nos : 50.0 Further Multiples of : 50.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

113.44

125.96

18.37

274.00

Unistone Capital Pvt Ltd

Projects
  • Funding Capital Expenditure for the Proposed Expansion
  • Funding the Incremental Working Capital Requirements of the Company
  • General Corporate Purposes
Promoted By
  • Anjana Haresh Motwani
  • Karan Haresh Motwani
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Bigshare Services Pvt Ltd