Issue Open Date
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15-Dec-21
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Issue Closing Date
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17-Dec-21
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Application Money
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100
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Allotment Money
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Price Band (Rs.)
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262-274
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Minimum Bid Quantity.
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50
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Issue Size (Shares)
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4597200
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Market Lot
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1
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Objective :
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1. Funding the working capital requirements of our Company.2. Funding capital expenditure for expansion of production capacity at the existing manufacturingfacility at Village Narangi, Raigad, Maharashtra and at the additional unit admeasuring about5,397.53 sq. mtrs. (built-up) area on the adjacent plot (“Proposed Expansion”): • to expand our existing installed capacities for the existing product lines;. • to enable us to also add new products to our existing product portfolio.3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved
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Bid For
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Non-Institutional Investors
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689580
|
13126950
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19.04
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Qualified Institutional Buyers
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1379200
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2513150
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1.82
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Retail Individual Investors
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1379200
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2513150
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1.82
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Business Description
We are a fast-growing multi-product, multi-category consumer adhesives and sealants company. For our largest product category – PVC solvent cement, we are amongst the leading manufacturing companies in India in the consumer/ bazaar segment of the adhesive indu
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Promoter's Holding
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Total Share Capital
|
13567335
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Offered to Public
|
4597200
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Promoter's Holding (Pre-Issue)
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95.31
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Promoter's Holding (Post-Issue)
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71.35
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More..
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Address
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11 Unique House Chakala Cross Road Andheri East
Mumbai
,
Maharashtra
,
400099
Phone :
022 68196300 / 8097520674
Email :
info@hpadhesives.com
Website :
www.hpadhesives.com
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Registrar
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Bigshare Services Pvt Ltd
Office No S6-2 6th Floor Pinnacle Business Park Next to Ahura Centre Mahakali Caves Road Andheri (E) Mumbai
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Listed at
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BSE, NSE
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Lead Manager
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Unistone Capital Pvt Ltd.
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Promoters
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Anjana Haresh Motwani Karan Haresh Motwani
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