INSUBCONTINENT EXCLUSIVE:
HP Adhesives' share allotment will occur tomorrowHP Adhesives' share allotment would be done tomorrow on Wednesday, December 22, after its
initial public deal (IPO) had actually gotten an excellent reaction from financiers when it had opened between December 15-17
The IPO was subscribed 20.96 times, attracting quotes for 5.29 crore equity shares versus an issue size of 25.28 lakh shares.While retail
investors bid for 81 times the reserved part, the non-institutional financiers' portion was subscribed 19 times and qualified institutional
financiers bid for 1.82 times.The Rs 126-crore public concern consisted of a fresh concern of Rs 113.43 crore and an offer-for-sale of Rs
12.52 crore by Anjana Haresh Motwani.The rate band for the deal was Rs 262-274 per equity share.Investors who have actually acquired the
business's stocks, can examine the status of share allotment by following the below pointed out actions both on the Bombay stock exchange
(BSE) site or on that of IPO's registrar.On the BSE site, investors require to pick problem type (Equity) and issue name (HP Adhesives)
After doing so, they require to go into the application number and the PAN number
As soon as this is done, they require to inspect the box (I am not a robot) and click search button to discover their allocation status.On
the IPO registrar's site, the following steps can be utilized to examine the status.First the company's name is to be chosen
After this, PAN number or application number requires to be filled and finally after getting in the Captcha, the submit button requires to
be clicked to inspect the allotment status.
