HP Adhesives IPO: How much profit investors will get from good listing of shares of HP Adhesives

HP Adhesives Shares: Shares of HP Adhesives have made a good entry in the stock market today and it has started earning profits to the investors on the very first day itself. Shares of HP Adhesives are listed on both NSE and BSE today and are rising steadily by getting listed with a premium of 16 per cent.

Know how many shares of HP Adhesives were listed on
Shares of HP Adhesives are listed on NSE with a price of Rs 315 and on BSE its shares were listed at Rs 319 per share and reached Rs 334 in early trade. Even in today’s falling market, HP Adhesives has been successful in making good earnings for the investors, which is considered to be a good trend.

Know how HP Adhesives shares trended in the initial trade
Within two minutes of the listing of the shares, its shares were trading on the NSE with a gain of Rs 330.75, or 20.71 percent. Apart from this, its shares were trading at Rs 334.95 per share with a gain of 22.24 per cent on BSE.

Know About HP Adhesives IPO
The initial public offer of HP Adhesives opened on 15th December and closed on 17th December. The issue price band of the company was fixed at Rs 262-274 per share. In the IPO of HP Adhesives, investors bid for a minimum of one lot and a maximum of 14 lots. Investors have got only 50 shares in one lot. Out of the company’s plan to raise Rs 125.96 crore through this issue, Rs 113.44 crore has been raised through fresh issue and Rs 12.53 crore was planned to be raised through OFS or offer for sale.