IPO Fund Utilization Complete, Surplus of ₹4.6 Cr to Fuel Growth
HP Adhesives Limited · HPAL · NSE ·
The company has fully utilized the funds raised from its 2021 Initial Public Offer (IPO) as of March 31, 2026. There was no deviation in the use of funds, which were deployed for working capital, capex, and general corporate purposes as stated in the prospectus. A surplus of appr…