Hindustan Adhesives Limited (HAL) established in April, 1988 ventured into manufacturing products for fast growing packaging industry, a Specialty Adhesive Coating Company with the then latest technology of Acrylic emulsion based coating and Hot Melt Adhesive coatings. It further expanded progressively to bring the latest and Specialized Double Bubble Film technology in this Industry.
Presently, the Company has 3 manufacturing locations, consisting of Gautam-budh Nagar in Uttar Pradesh, Roorkee in Uttarakhand and Bhadreshwar - Kutch, in Gujarat, with a marketing presence throughout India. It has state-of-the-art equipment like the acrylic adhesive coating machine, hot melt coating and adhesive making machine and BOPP film making equipment. The BOPP adhesive tapes are mainly used in the packaging industry. HAL markets these tapes under the brand names Mystic, Stic Me, and Boss Tech, while its major clients include the Jindal group, SIEL, Dabur and Parasrampuria.
The film manufactured by the BOPP film plant is used captively for manufacturing PSA tapes. In 1994, the company implemented its backward integration project for manufacturing bi-axially oriented poly-propylene films. To part-finance this project, the company came out with an issue of equity shares at a premium of Rs 15 in Aug.'94.
The company has expanded its BOPP film plant by installing another plant of 1300 tpa. The project was funded through internal accruals. During 1999-2000, the company was awarded ...ASIASTAR' 99 award from the Asian Packaging Federation for developing self-adhesive tear tapes of world-class quality. As the demand for BOPP film products was increasing the company has opened the BOPP film unit which was closed since last 4 years.
The Company commenced production of POF shrink films from 16 March, 2012 at Roorkee in Uttarakhand. In 2015, the Company had a subsidiary company, named Bagla Wellness Private Limited, which set up fitness centres in New Delhi.
The company sold substantial shares of M/s Bagla Wellness Private Limited, a subsidiary company during the year 2018 and therefore, M/s Bagla Wellness Private Limited was no more a subsidiary company of the Company. In 2020, the Company commenced production of green field unit in the Kutch, Gujarat for manufacturing BOPP Packaging Tapes mainly for the international markets.
The Company incorporated Bagla Technopack Private Limited as a subsidiary of the Company in 2024. The Company acquired the balance 4899 shares of PT. Bagla Group Indonesia from Bagla Polifilms Limited thereby increasing Company's shareholding in the said Company from 51% to 99.99%, making it a Wholly Owned Subsidiary of the Company in May, 2025.
FAQs on Hindustan Adhesives Ltd
1. Can I buy Hindustan Adhesives Ltd from PL Capital? ›
Yes, you can invest in Hindustan Adhesives Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Hindustan Adhesives Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Hindustan Adhesives Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Hindustan Adhesives Ltd pay dividends? ›
Hindustan Adhesives Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Hindustan Adhesives Ltd ? ›
As of
06-Feb-2026 , 16:01:28 the share price for Hindustan Adhesives Ltd. is ₹ 303.85 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Hindustan Adhesives Ltd ? ›
The 52-week high and low of Hindustan Adhesives Ltd share price is ₹ 278.05 - ₹ 409.95 as of
06-Feb-2026 , 16:01:28 .
