Support and Resistance Levels
Past performance
About HP Adhesives Ltd HP Adhesives Limited, originally established as M/s. H.P. International in 1987, specializes in producing adhesive and sealant solutions. It transitioned to a public limited company in July 2021. The company's core products include solvent cements for plastic pipes and fittings, silicone sealants, synthetic rubber adhesives, and PVA adhesives, catering to diverse industry needs. Additionally, HP Adhesives offers products like epoxy putty, spray paints, ball valves, and various tapes. Its manufacturing facility in Khalapur, Maharashtra, has an annual production capacity of approximately 13,500 metric tons.
The company expanded its product line over the years, notably commencing the production of synthetic rubber and PVA adhesives in 2018 and silicone sealants in 2019. HP Adhesives went public in December 2021, raising approximately Rs 125.96 Crore through an IPO. In 2023, it further enhanced its capabilities by commissioning new silicon sealant manufacturing lines. The firm's strategic growth and diverse product offerings position it as a significant player in the adhesive and sealant industry.