Post listing view on HP Adhesives IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Below is the Post listing view on HP Adhesives IPO by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd
There is a potential for the company to grow exponentially in the upcoming years, and the CAPEX will guide growth. The company debuted at Rs 315, a 15% premium over the issue price of Rs 274. The investors who got allotment are advised to keep the SL of Rs 300 while new investors can consider Pedilte which has a long operating history and is the market leader in its field.
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