HP Adhesives Limited's initial public offering (IPO) is all set to begin on Wednesday, December 15. The three-day issue will close on December 17. The IPO consists of a fresh offer of 4.14 million shares for Rs 113.4 crore and an offer for sale of about 457,000 shares by shareholder Anjana Haresh Motwani aggregating up to Rs 12.5 crore.