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speb adhesives limited
SMENSECLOSED

speb adhesives limited IPO

SPEBISIN: INE1CW901027
Listed at
60
7.14%

IPO Overview

Speb adhesives limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹33.73 Cr. The IPO price band is set at ₹52 to ₹56 per share, and retail investors can apply with a minimum investment of ₹2.24 L as per IPO guidelines.
The Speb adhesives limited IPO opens on 1 Dec 2025 and closes on 3 Dec 2025. The IPO allotment is expected to be finalized on 4 Dec 2025, and the equity shares are proposed to be listed on NSE on 8 Dec 2025.
Investors can refer to the Speb adhesives limited IPO RHP-DRHP for detailed information. The issue is managed by Unistone Capital Pvt.Ltd. as the book running lead manager, while MUFG Intime India Private Limited (Link Intime) is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.

Price Band
₹52 to ₹56
Issue Size
33.73 Cr
Lot Size
2000Min 2 Lots
P/E Ratio
0x
Min Investment
₹2.24 L

About Company

Speb Adhesive Limited is a company engaged in the manufacturing and distribution of solvent-based synthetic rubber adhesives.

The company offers both the water-based adhesives and solvent-based adhesives,. Within the solvent-based adhesives, it specializes in polychloroprene-based and SBS (styrene-butadiene-styrene)-based adhesives.

Its product portfolio include multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in Generator Set.

The company follows B2B business model and sells products to diverse sectors including packaging, automotive, footwear, construction, woodworking, and furniture.

Its manufacturing facility is located at MIDC industrial area, Taloja, Raigad, Maharashtra with an installed capacity of 12,000 liters per day.

Products:


Multipurpose Adhesive: SPEB-7 Multipurpose Adhesive, SPEB-7 Multi-fix tube, SPEB-7 FlooRBonD, SPEB- 7 WaLLFix
Spray-grade Adhesives: SPEB-7 SPRAYGRADE, SPEB-7 G1, SPEB-7 G7
Premium Bonding Adhesives: SPEB-7 Premium SR-911
Ducting and Insulation adhesives: SPEB-7 Duct Fix and SPEB-7 Duct Fix (Eco)


As of November 20, 2025, the company had 41 permanent employees.

Competitive Strengths


Strong Financial Foundation for Future Growth
Consistent Delivery Through a Trusted Network
Experienced Promoters and senior management team

Investment Objective

Part finance the cost of establishing new manufacturing facility to expand the production capabilities of Water based adhesives at Survey no. 120, 121/1 and 121/2, Village Tambati, Taluka Khalapur, District Raigad, Maharashtra, India (“Proposed new facility”);

General corporate purposes

Important Dates

Issue Opens
1 Dec 2025
Issue Closes
3 Dec 2025
Allotment
4 Dec 2025
Listing
8 Dec 2025

Financial Performance

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IPO Lot Size

CategoryLotsSharesAmount
S-HNI (Min)24,000₹2,24,000
S-HNI (UPI)48,000₹4,48,000
S-HNI (Max)816,000₹8,96,000
B-HNI (Min)918,000₹10,08,000
RHP Document
DHRP Document

Allocation Breakdown

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Market Makers
8.93%
Retail
32.07%
QIB
45.25%
NII
13.75%

Issue Details

Issue Type
BB
Face Value
₹10
Lead Managers
Unistone Capital Pvt.Ltd.
Min Quantity
4,000
Company Promoters
Kirtikumar VithlaniBhaumik VithlaniGaurav VithlaniHarish Vithlani are the company promoters.
Website
http://www.speb7.com/
Email
cs@speb7.com
Phone
+91 7738532223
Address
Speb Adhesives Ltd.
Plot No. J 33,
MIDC, Taloja,
Raigad,
Panvel, Maharashtra, 410208

Registrar

Registrar Name
MUFG Intime India Private Limited (Link Intime)
Email
oswalpumps.ipo@linkintime.co.in
Phone
2249186270
Address
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website
https://linkintime.co.in/Initial_Offer/public-issues.html

Speb adhesives limited IPO is a public issue in which the company offers its equity shares to investors through the stock exchange. The IPO allows retail investors, HNIs, and institutional investors to participate.

The IPO price band of Speb adhesives limited IPO is ₹52 to ₹56 per share, as mentioned in the issue details.

The minimum investment in Speb adhesives limited IPO is ₹224000, based on the minimum lot size applicable for retail investors.

The lot size of Speb adhesives limited IPO is 2000 shares per lot, and applications must be made in multiples of this lot size.

Speb adhesives limited IPO opens on 1 Dec 2025 and closes on 3 Dec 2025, as per the announced IPO schedule.

The Speb adhesives limited IPO subscription status shows how many times the issue has been subscribed across retail, HNI, and institutional categories during the IPO period.

The Speb adhesives limited IPO GMP (Grey Market Premium) today is around ₹undefined, reflecting current grey market activity before listing.

Speb adhesives limited IPO GMP is currently negative, indicating prevailing sentiment in the grey market. GMP may change daily based on demand.

A positive Speb adhesives limited IPO GMP may suggest potential listing interest, while actual listing performance depends on subscription levels and overall market conditions.

From a retail investor perspective, Speb adhesives limited IPO is evaluated based on pricing, lot size, subscription trends, and market sentiment. Investors should assess these factors before applying.

The Speb adhesives limited IPO listing date is expected to be 8 Dec 2025, subject to completion of allotment and exchange procedures.

The expected listing price of Speb adhesives limited shares depends on demand, subscription response, GMP trends, and overall market sentiment at the time of listing.

Speb adhesives limited IPO allotment status can be checked online once the allotment process is completed using PAN, application number, or DP ID details.

Speb adhesives limited IPO is categorized as a SME IPO based on the exchange and issue structure.

Yes, Speb adhesives limited IPO subscription figures and GMP may change during the issue period and before listing due to market activity and investor demand.