Post listing view on HP Adhesives IPO By Mr. Santosh Meena, Swastika Investmart Ltd
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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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