HP Adhesives IPO share allotment status finalised: Check online at BSE; Know GMP

HP Adhesives IPO share allotment status can be checked online by visiting websites of BSE or Bigshare Services. Know HP Adhesives IPO GMP too.

Check HP Adhesives IPO share allotment status online. Know how to, GMP. (hpadhesives.com)

The share allotment status of HP Adhesives Limited's initial public offering (IPO) has been finalised. The IPO was open for subscription from December 15 to December 17, 2021. On the final day of the bidding process, the issue was subscribed 20.96 times as the IPO received bids for 5,29,89,650 shares against 25,28,500 shares on offer. Subscribers who have not yet checked HP Adhesives IPO share allotment status can do so online. They will have to visit the official website of BSE or the registrar of the IPO that is Bigshare Services Pvt Ltd for the same. According to market observers, HP Adhesives IPO GMP (grey market premium) is around the ₹70 mark.

Meanwhile, it can be noted that the shares reserved for retail investors received bids 81.24 times, the non-institutional investors' portion was subscribed 19.04 times and qualified institutional investors bid for 1.82 times. Also, the ₹126-crore public issue of HP Adhesives comprised fresh issue of ₹113.43 crore and an offer-for-sale of ₹12.52 crore.

Subscribers who will get the shares of IPO can know that it will be credited to their demat account on December 24. The company's shares are expected to list next week on Monday, December 27 on NSE and BSE. Here is how to check HP Adhesives IPO share allotment status on the websites of BSE and the IPO registrar:

Check HP Adhesives IPO allotment status on the BSE website:

Step 1: Visit the official website of BSE or click on the link- https://www.bseindia.com/investors/appli_check.aspx.

Step 2: Select issue type (Equity), and issue name (HP Adhesives).

Step 3: Then enter Application Number and PAN Number.

Step 4: Check the box (I'm not a robot) and click on the search button.

Check HP Adhesives IPO allotment status on Bigshare Services Pvt Ltd:

Step 1: Visit the official website of the IPO registrar that is Bigshare Services Pvt Ltd or click on the link- https://ipo.bigshareonline.com/IPO_Status.html.

Step 2: Select company name (HP Adhesives).

Step 3: Select either PAN Number, or Application Number, or DP/Client ID, or Account Number / IFSC.

Step 4: Enter captcha and click on submit button.

For those who get lucky and bag shares, HP Adhesives IPO GMP is pointing at a positive outcome going forward.