The initial public offer of HP Adhesives was subscribed 20.96 times this month.
Shares of HP Adhesives got listed on Monday with a premium of over 16 per cent against the issue price of Rs 274.
The stock listed at ₹319, up 16.42% from the issue price on BSE. It rose 22.24% to ₹334.95.
On NSE, it made its debut at ₹315, showing a jump of 14.96%.
The initial public offer of HP Adhesives was subscribed 20.96 times this month.
The IPO of 45,97,200 equity shares had a price range of ₹262-274 per share.
Unistone Capital was the manager of the offer.
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