HP Adhesives Limited IPO Message Board (Page 6)

43. Indianfriendszone | Link | Bookmark | December 16, 2021 11:56:22 AM (400+ Posts)

Pidilite Turnover was around 9100 cr
ROCE 29% ROE 22%

HP Adhesive Turnover was 128cr

around 1.4% of turnover of Pidilite

Pidilite MCap around 122733cr
and with upper band HP Adhesive mcap will be around 503cr. (around 0.41% of pidilite)

Sonal Adhesive mcap is 5cr
Nikhil Adhesive mcap is 326cr

(I have received good return in Nikhil Adhesive overall in last few years)

42. Common man view | Link | Bookmark | December 14, 2021 7:11:05 PM

Top Contributor (200+ Posts, 200+ Likes)

@ ANIKETIAF
Awaiting your single call on this ipo
Very confused i common man
Help out sir..
Thanks in advance

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42.3. Nikita Lewis | Link | Bookmark | December 15, 2021 1:05:06 PM

Think we must ignore negative messages floating here. Value investors should definitely invest as the company remains focussed on product quality and has a long-standing track record in the distributor network and is a well-established brand image which will help the company in penetrating new product categories. Remember, you need to pay a premium to invest in a brand.

42.4. shareHunterz | Link | Bookmark | December 16, 2021 11:46:42 AM

Jab log aapse jalne lage samaj lena aap taraki kar rahe ho :)

41. GANGAJ | Link | Bookmark | December 16, 2021 11:07:37 AM

My main Reason for Applying in this company
its market share is 17%(compare to pidilite around 65%)
ipo price 274 face value rs.10, but pidilite share is around 2400 face value-1
so as my point of view for long term investment its good...

41.1. Indianfriendszone | Link | Bookmark | December 16, 2021 11:35:44 AM (400+ Posts)

good point of view...

41.2. Indianfriendszone | Link | Bookmark | December 16, 2021 11:42:18 AM (400+ Posts)

is this market share of 65% is of particular product of Pidilite ...
since Pidilite deals in various products line... so if considering just one product line and comparing to that line then we need to understand the share of that product in Pidilite ?

40. K.Atar | Link | Bookmark | December 16, 2021 11:22:00 AM

IPO Guru (1000+ Posts, 700+ Likes)

Definitely, Retail section''s subscription creates the euphoria and buzz but it''s ultimately the QIB and HNI section that are real helmsmen of any IPO.
Waiting for QIB & HNI numbers to show up..

Thanks

40.1. ~~ROCKYBHAI~~ | Link | Bookmark | December 16, 2021 11:38:58 AM

NO GMP will slow down the Ship for sure.

39. ColdBurger | Link | Bookmark | December 16, 2021 10:19:31 AM

IPO Mentor (1300+ Posts, 400+ Likes)

RI 25X and one day left!! Seems they are considering as a sister company of HP.😉😁

39.1. ValueSeeker | Link | Bookmark | December 16, 2021 11:08:42 AM

IPO Mentor (1100+ Posts, 400+ Likes)

Retail portion is miniscule. Only Rs 12-odd Cr.

38. Noorul | Link | Bookmark | December 16, 2021 9:34:58 AM

It can b a Dark horse.. 🐎

37. StockTerminator | Link | Bookmark | December 16, 2021 6:38:30 AM

IPO Mentor (600+ Posts, 700+ Likes)

Nothing wrong with company and numbers, I''m applying

36. ashuezy | Link | Bookmark | December 16, 2021 4:58:36 AM

Totally going to avoid.

35. milgayasigachire | Link | Bookmark | December 16, 2021 4:44:18 AM

No GMP, how to decide to apply or not

34. ipobazaar | Link | Bookmark | December 15, 2021 6:52:51 PM

the way all these IPO''s are coming, no doubt after 1 years you will see news on mismanagement will come out wrt to allotment, company disclosures etc

33. GJ 😀 | Link | Bookmark | December 15, 2021 3:42:08 PM

IPO Mentor (1600+ Posts, 400+ Likes)

Due to not allotment in previous IPOs and Work from Home effect, lot of new investors, specially retails are jumping to every new IPO, without thinking anything.

Not saying, this HP IPO is good or bad, but simply saying, retail investors not using their brain.

33.1. GetMeTheInfo | Link | Bookmark | December 15, 2021 3:54:21 PM

@GJ - If you see the trend, every new IPO, that gets oversubscribed - QIB - 100x, 200x etc. just because of the hype, it is listing premium right? So obviously new retail investors are putting in their money for listing gains!

33.2. GJ 😀 | Link | Bookmark | December 15, 2021 5:22:47 PM

IPO Mentor (1600+ Posts, 400+ Likes)

Hi @GetMeTheInfo,

My point,
For sure, retail investors should invest money in IPOs and get handsome returns.
But not all IPOs are good, right?
They are pouring money in anything, without thinking twice.

And yes, you are also right. If every IPO is giving them returns, then why shouldn''t they.

32. P Patel | Link | Bookmark | December 14, 2021 5:03:23 PM

IPO Mentor (900+ Posts, 900+ Likes)

Since IPO is of small size ( 126 Cr. ) and Retail is only 10%, there is very high chance to manipulate and taken over by operators on listing day as well next couple of days after listing....

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32.3. P Patel | Link | Bookmark | December 15, 2021 4:13:40 PM

IPO Mentor (900+ Posts, 900+ Likes)

Again this is small issue and so it will be having 5% circuit, so can easily be manipulate the trades and price..

32.4. SingaporeNRI | Link | Bookmark | December 15, 2021 4:13:53 PM

Hi Friends
There is "No meat on the bone". Over priced , highly competitive products with low margins. Plant capacities are too low to get profitability. May be small listing gains since small issue.

31. Monster Zero | Link | Bookmark | December 15, 2021 3:35:23 PM

IPO Guru (3100+ Posts, 2800+ Likes)

Lagta hai retailers ko refund mil gya mapmyindia se...subs will be crazy...

30. Sharma Purvi | Link | Bookmark | December 15, 2021 1:22:40 PM

The TTM (September 2021) adjusted EPS of Rs 5.57 on a post-issue basis, the company is going to list at a P/E of 49.23 with a market cap of Rs 504 crore, while its peer Pidilite Industries Limited is trading at P/E of 89.75. Think investors should ‘subscribe’ to this IPO as the company is a fast-growing adhesives and sealants player with an established brand presence and available at reasonable valuation compared to its peer.

29. Eklavya | Link | Bookmark | December 15, 2021 11:22:44 AM

IPO Mentor (700+ Posts, 300+ Likes)

Retail already 10 times +
One of the, if not the smallest issues so far. After anchor investors, just 70 - 75 crores size and of that just 4.5 lakh shares for RII. In other words, about 9200 people in India will get this in retail category.

So far no indicative GMP, but hopefully it should give good returns..

28. God is Great | Link | Bookmark | December 15, 2021 12:52:06 PM

Top Contributor (300+ Posts, 200+ Likes)

Dear experts hp adhesive subscribe for listings gain or not???

27. Rafid | Link | Bookmark | December 15, 2021 11:25:54 AM (300+ Posts)

How come this IPO retail already 10X and no GMP updates as of now....Is it due to it being T listing everyone expects it to be perform like Sigachi or other T list shares....Can anyone let me know what is appox total expected figures for NII & QIB after seeing retail show.....

Was planing to apply from one or two accounts max....now will plan on final day after seeing figures....

27.1. Yogesh Palekar | Link | Bookmark | December 15, 2021 12:46:13 PM

Pidilite enjoys over 65% (overall) market share while HP Adhesives is having a market share of around 17% (for solvents). Thus it will be the second-largest player in the segment among listed entities. Sonal Adhesives and Nikhil Adhesives are small players. To gain market share, HPAL is taking a small hit on margins. Its expansion will bring more additions to the top and bottom lines once completed. Think the valuations are justified as we will investing small Pidilite

26. GetMeTheInfo | Link | Bookmark | December 15, 2021 11:13:53 AM

Can someone explain the face value? Why is it INR 10?

25. Indianfriendszone | Link | Bookmark | December 15, 2021 7:51:29 AM (400+ Posts)

is Jubilant Industries product in different category OR in this same sector?

and what is the market share of Jubilant Industries?

JIVANJOR Brand

24. Jetha Lal | Link | Bookmark | December 14, 2021 7:03:25 PM

IPO Guru (1000+ Posts, 2100+ Likes)

COEUS Global opportunities fund(26.46%), 3 Sigma Global fund(46.7%), AG Dynamics Fund Ltd(26.84%)
These are the only anchor investors.
I have seen these names for the first time in Anchor book.
Has anyone idea about them?

24.1. Jetha Lal | Link | Bookmark | December 14, 2021 7:15:53 PM

IPO Guru (1000+ Posts, 2100+ Likes)

AG Dynamics was in Exxaro tiles anchor book too.