KVSP HP Adhesives IPO Subscription Status {Live Data Day 1}
Written by Lucky Wilson | KJMM.COM on December 14, 2021
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:
The IPO subscription starts on 15 December 2021 for QIB, NII, and Retail Investors.
The IPO subscribed 0.00x times on day 1.
The RII subscription is 0.00x on day 1.
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.
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.
To know more about latest IPO gmp please visit correctsuccess.com
