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