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Reliance Securities' IPO Report
HP Adhesives Ltd. has grown from a single product company being a multi-product adhesives player, with a pan India presence as well as international presence.
The company’s brands 'HP' and 'Strong Weld' in polyvinyl chloride adhesives product category have gained increasing acceptance led by high product quality and efficient pricing.
HP Adhesives is a fast-growing multi-product, multi-category consumer adhesives and sealants company. It is among the leading adhesives manufacturing players in India in the consumer segment of the industry.
HP Adhesives manufactures a wide range of consumer adhesives and sealants such as PVC, CPVC and UPVC solvent cement, synthetic rubber adhesives, PVA adhesives, silicone sealant, acrylic sealant and gasket shellac among others.
It has a strong business model, which is backed by a consistent expansion in product portfolio, coupled with the introduction of new product categories and stock keeping units to cater to the multiple end-use applications.
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