HP ADHESIVES IPO Details
|IPO Price Band||₹262-₹274 per share|
|IPO Lot Size||50 shares|
|Listing At||BSE and NSE|
HP ADHESIVES IPO Live Subscription Status
As the bid for HP ADHESIVES IPO is open, here is a detailed view of its subscription status after the end of its 2nd day.
|Investor Category||Subscription (Times)|
|QIB (Qualified Institutional Buyer)||0.34|
|NII (Non-Institutional Investors)||1.90|
The HP ADHESIVES LIMITED IPO is subscribed for 8.03 times. The Retail investor subscription is 40.29 times.
HP Adhesives IPO Shares Offered
HP Adhesives IPO is a public issue of 2,528,500 equity shares. The issue offers 459,720 shares for retail investors, 1,379,200 shares for QIBs(qualified institutional buyers), and 689,580 shares to NIIs (non-institutional investors).
Types Of IPO Investor
Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are known to be QIBs.
Individual investors, NRIs, companies, trusts who bid for more than Rs 2 lakhs are known as Non-institutional investors or NIIs.
Retail Individual Investors(RII)
The retail individual investor is the ones who can apply in an IPO amounting up to Rs 2 lakhs.
The category of eligible employees.
A category of eligible shareholders or other investors who have a reserved quota in the upcoming IPO.