
Speb Adhesives
08 Dec '25SME
Min. Investment
₹2,08,000
Issue size
₹33.73 Cr
GMP
Locked
Overall subscription: 2.14x
Check allotment status
Expert verdict

IPO dates
01 Dec
Opening
03 Dec
Closing
04 Dec
Allotment
08 Dec
Listing
*Refunds will be initiated on 05 Dec '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4000 | ₹2,24,000 |

Subscription (as on 04 December 2025, 04:30 PM)
Overall2.14x
About company
Founded: 1990|MD: Mr Gaurav Vithlani
- Speb Adhesives is the manufacturer of synthetic rubber adhesives, mainly in the solvent-based category. While the company offers both solvent-based and water-based adhesives, its main production focus is on in-house manufacturing of solvent-based products. Water-based adhesives are produced through third-party contract manufacturing. Within the solvent-based segment, the company specialises in polychloroprene-based and styrene-butadiene-styrene (SBS) adhesives, which are commonly used in applications that require strong and long-lasting bonding.
- The company’s product range includes multipurpose adhesives, spray-grade adhesives, premium bonding adhesives, ducting and insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in generator sets. The business primarily operates on a B2B model, serving industries such as hardware, foam and furnishing, ducting and insulation, woodworking, footwear, and generator sets. To reach its customers, the company works through three main channels: a dealer and distribution network, direct industrial sales, and government supply contracts.
Issue Details & Objective
Lot size
2000 Shares
Price band
₹52 to 56
Face value
₹10 per share

Financials
IPO reservation
Anchor investor - 26.63%
QIB - 45.25%
Retail - 32.07%
FAQs
Should I apply for the Speb Adhesives IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Speb Adhesives IPO?
The issue size of Speb Adhesives IPO is ₹33.73 Cr
What are the open and close dates for Speb Adhesives IPO?
The Speb Adhesives IPO will be open for applications from 01 Dec '25 to 03 Dec '25
What is the lot size and minimum order quantity of Speb Adhesives IPO?
The lot size of Speb Adhesives IPO is 2000 Shares and its minimum investment amount is ₹2,08,000.
What is the GMP value of Speb Adhesives IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Speb Adhesives IPO is 0

