The company was originally formed as a partnership firm under the name of M/s. H.P. International on 01 January 1987.M/s. HP International was thereafter converted into a private limited company HP Adhesives Private Limited on 07 May 2019. Subsequently, the company has been converted into a public limited company and the name of the company changed to HP Adhesives Limited pursuant to a special resolution passed at the ExtraOrdinary General Meeting of our Company held on 23 June 2021 and a fresh Certificate of Incorporation dated 01 July 2021.HP Adhesives is a fastgrowing multiproduct, multicategory consumer adhesives and sealants company.The company is engaged in manufacturing a wide range of consumer adhesives and sealants such as PVC, cPVC and uPVC solvent cement, synthetic rubber adhesive, PVA adhesives, silicone sealant, acrylic sealant, gasket shellac, other sealants and PVC pipe lubricant which are sold across India.The company also sell ancillary products like ball valves, thread seal and other tapes and FRP products for drainage and architectural solutions.The adhesives and sealant products have applications in multiple industries such as plumbing and sanitary, drainage and water distribution, general purpose building/ construction and interior operations as well as for glazing operations, woodwork, footwear, automotive, foamfurnishing and other varied industries. As of 30 June 2021, companys distribution network comprised of 4 depots and more than 750 distributors who cater to more than 50,000 dealers in India. As of 30 June 2021, the company is operating out of its manufacturing facility located at Village Narangi, Raigad (Maharashtra) which is a multi product manufacturing facility.On 08 August 2019,the company has issued and allotted 12990000 equity shares of Rs 10 each at par on rights basis.On 07 May 2021,the company has issued and allotted 1177642 equity shares of Rs 10 each at a premium of Rs 164.50 per share on rights basis.Again on 10 June 2021,the company has issued and allotted 57305 equity shares of Rs 10 each at a premium of Rs 164.50 per share on rights basis.During the month of December 2021,the company came out with an Rs 125.96crore public issue which comprised a fresh issue of Rs 113.44 crore and offer for sale(OFS) of Rs 12.52 crore by the selling shareholders.The IPO shares were allotted at the price of Rs 274 per share including a premium of Rs 264 per share.The allotted shares were listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 27 December 2021.
What is the current share price of HP Adhesives Ltd today on both NSE and BSE?
HP Adhesives Ltd shares are currently priced at 101.43 on NSE and 101.39 on BSE as of 7/25/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has HP Adhesives Ltd [HPAL] shares performed in the past ?
The past 1-year return of HP Adhesives Ltd [HPAL] share was 12.3. The HP Adhesives Ltd [HPAL] share hit a 1-year low of Rs. 85.21 and a 1-year high of Rs. 131.
What is the market cap of HP Adhesives Ltd [HPAL] ?
The market cap of HP Adhesives Ltd is Rs. 935.38 Cr. as of 7/25/2024 12:00:00 AM.
What is the current P/E ratio of HP Adhesives Ltd [HPAL] share price ?
The PE ratios of HP Adhesives Ltd is 45.84 as of 7/25/2024 12:00:00 AM.
What is the current PB ratio of HP Adhesives Ltd [HPAL] share price ?
The PB ratios of HP Adhesives Ltd is 5.53 as of 7/25/2024 12:00:00 AM
What is the Mutual Fund shareholding in HP Adhesives Ltd?
The Mutual Fund Shareholding was 3.72% at the end of 7/25/2024 12:00:00 AM.
How can I buy HP Adhesives Ltd shares?
You can easily buy HP Adhesives Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.