Hp Adhesives Limited

Manufacturer and distributor of adhesives, sealants, and tapes globally.

2019 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Hp Adhesives Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 18.37 Cr
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 47.17 Cr
  • Satisfied Charges ₹ 18.15 Cr
  • Revenue Growth 40.92%
  • Profit Growth 80.77%
  • Ebitda 68.18%
  • Net Worth 7.97%
  • Total Assets -5.51%

About Hp Adhesives

Hp Adhesives Limited (HAL) is a Public Limited Indian Non-Government Company incorporated in India on 07 May 2019 (Five years and nine months 19 days old ). Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543433.

The Corporate was formerly known as Hp Adhesives Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 18.37 Cr.

The company currently has active open charges totaling ₹47.17 Cr. The company has closed loans amounting to ₹18.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hp Adhesives Limited India are Mihir Shah as CFO and Jyoti Chawda as Company Secretary. Ajeet Walavalkar, Surendra Mehta, Nidhi Motwani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hpadhesives.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24304MH2019PLC325019

  • Company No.

    325019

  • Stock Symbol

    BSE : 543433

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 May 2019

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Hp Adhesives Limited offer?

Hp Adhesives Limited offers a wide range of products and services, including Adhesives, Glue and Sealants, Adhesive Gum, Sewerage and Drainage Products, Manhole Covers, Drainage Covers and Slabs, Drain Covers, Solvent Cements, Industrial Valves & Valve Fittings, Ball Valves, Rectangular Manhole Cover.

Who are the key members and board of directors at Hp Adhesives?

Executive Team (3)

NameDesignationAppointment DateStatus
Karan Motwani Country flag representing In Managing Director07-May-2019Current
Mihir Shah CFO05-Jul-2021Current
Jyoti Chawda Company Secretary05-Jul-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Surendra Mehta Country flag representing In Director 23-Jun-2021Current
Ajeet Walavalkar Country flag representing In Director 05-Jul-2021Current
Nidhi Motwani Country flag representing In Director 10-Feb-2022Current
Anjana Motwani Country flag representing In Director 07-May-2019Current
Rajendra Jain Country flag representing In Director 05-Jul-2021Current

Financial Performance of Hp Adhesives.

Hp Adhesives Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.92% increase. The company also saw a substantial improvement in profitability, with a 80.77% increase in profit. The company's net worth moved up by a moderate rise of 7.97%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
40.92%
Revenue from Operations
41.55%
Total Assets
-5.51%
Profit or Loss
80.77%
Net Worth
7.97%
EBITDA
68.18%

What is the Ownership and Shareholding Structure of Hp Adhesives?

In 2023, Hp Adhesives had a promoter holding of 71.35% and a public holding of 28.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.17 Cr

Satisfied Charges

₹18.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 47.17 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2024Others₹4.50 MOpen
24 Dec 2019Others₹25.71 CrOpen
31 Jul 2019Others₹21.01 CrOpen
27 Mar 2021Others₹5.75 CrSatisfied
05 Feb 2021Others₹10.00 CrSatisfied

How Many Employees Work at Hp Adhesives?

Hp Adhesives has a workforce of 553 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hp Adhesives, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hp Adhesives's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hp Adhesives

Recent activity within the organization

  • Annual General Meeting

    Hp Adhesives Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Charges

    A charge registered on 29 Sep 2020 via Charge ID 100373218 with Others was fully satisfied on 16 Aug 2024.

    16 Aug 2024

  • Balance Sheet

    Hp Adhesives Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 05 Feb 2021 via Charge ID 100410497 with Others was fully satisfied on 22 Feb 2024.

    22 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 0.45 Cr with Charge ID 100867815 was registered on 07 Feb 2024.

    07 Feb 2024

  • Charges

    A charge with Others of Rs. 25.71 Cr registered on 24 Dec 2019 with Charge ID 100315139 was modified on 02 Jun 2023.

    02 Jun 2023

Frequently asked questions

  • Hp Adhesives Limited was incorporated on 07 May 2019.

  • The authorized share capital of Hp Adhesives Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.37 Cr.

  • Currently 8 directors are associated with Hp Adhesives Limited.

    • Mihir Suresh Shah
    • Jyoti Nikunj Chawda
    • Ajeet Anant Walavalkar
    • Surendra Kumar Mehta
    • Nidhi Haresh Motwani
    • Anjana Haresh Motwani
    • Karan Haresh Motwani
    • Rajendra Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hp Adhesives Limited is 11 Unique House Chakala Cross Road Andheri East, India, Mumbai, Maharashtra, 400099.

  • The corporate identification number (CIN) of Hp Adhesives Limited is L24304MH2019PLC325019 and the company number is 325019 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hp Adhesives Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Hp Adhesives Limited is https://www.hpadhesives.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hp Adhesives Limited has risen by 40.92%.

  • As Per 2023 financial reports, 553 employees are currently employed by Hp Adhesives Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hp Adhesives Limited has experienced an upsurge of 7.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hp Adhesives Limited amount to ₹ 47.17 Cr.

  • The most recent Balance Sheet for Hp Adhesives Limited was filed with the ROC on 31 Mar 2024.

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