Speb Adhesives IPO Details
The Speb Adhesives IPO is a book build issue with a total issue size of ₹33.73 cr, comprising of fresh issue of 4316000 equity shares., and a offer for sale of 1170000 equity shares. Speb Adhesives IPO opened for subscription on Dec 01, 2025 and closed on Dec 03, 2025. Speb Adhesives IPO is set price band at ₹52 to ₹56 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹224,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 04, 2025, and listed on the NSE on Dec 08, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. Unistone Capital Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Speb Adhesives IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 52 – 56
- Lot Size
- 2000
- Issue Size
- ₹33.73 Cr
- Minimum Investment
- ₹224000 (4000 Shares)
- Listing Date
- 08 December 2025
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Speb Adhesives Limited
Speb Adhesive Limited is a manufacturing company specializing in solvent-based synthetic rubber adhesives. The company produces both water-based and solvent-based adhesive solutions, with a strong focus on polychloroprene-based and SBS (styrene-butadiene-styrene)–based formulations.
Speb Adhesive Limited offers a diversified product portfolio that caters to multiple industrial applications. Its product range includes:
Product Portfolio
1. Multipurpose Adhesives
- SPEB-7 Multipurpose Adhesive
- SPEB-7 Multi-Fix Tube
- SPEB-7 FlooRBonD
- SPEB-7 WaLLFix
2. Spray-Grade Adhesives
- SPEB-7 SPRAYGRADE
- SPEB-7 G1
- SPEB-7 G7
3. Premium Bonding Adhesives
- SPEB-7 Premium SR-911
4. Ducting & Insulation Adhesives
- SPEB-7 Duct Fix
- SPEB-7 Duct Fix (Eco)
5. Other Specialized Adhesives
The company also manufactures adhesives for:
- Footwear
- Woodworking and furniture
- Packaging
- Automotive applications
- Generator sets
Business Model
Speb Adhesive Limited operates on a B2B (business-to-business) model, supplying its products to a wide range of industries including:
- Packaging
- Automotive
- Footwear
- Construction
- Woodworking
- Furniture manufacturing
Manufacturing Facility
The company’s production unit is located in the MIDC Industrial Area, Taloja, Raigad, Maharashtra, with an installed production capacity of 12,000 liters per day.
Workforce
As of November 20, 2025, Speb Adhesive Limited employed 41 permanent employees.
Speb Adhesives IPO Promoters
- Kirtikumar Vithlani
- Bhaumik Vithlani
- Gaurav Vithlani
- Harish Vithlani
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Speb Adhesives IPO Objective
The Company Speb Adhesives IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Part finance the cost of establishing new manufacturing facility to expand our 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
Address / Contact Info
Speb Adhesives Ltd.
Plot No. J 33,
MIDC, Taloja,Raigad,
Panvel, Maharashtra, 410208
Phone: +91 7738532223
Email: cs@speb7.com
Website: http://www.speb7.com/
IPO Snapshot
Book Running Lead Managers
- Unistone Capital Pvt Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Speb Adhesives IPO is a Book-building IPO with a total issue size of ₹33.73 crore. The Speb Adhesives IPO price band is ₹52 to 56 per share. The Speb Adhesives IPO subscription opens on Mon, Dec 1, 2025, and closes on Wed, Dec 3, 2025. The Speb Adhesives IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Speb Adhesives IPO.
The Speb Adhesives IPO opens on Mon, Dec 1, 2025 and closes on Wed, Dec 3, 2025
Speb Adhesives IPO Price Band is ₹52 to 56 per share.
Speb Adhesives IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹224000 based on the upper price band
The minimum investment for Speb Adhesives IPO is ₹224000, based on one lot of 2000 shares at the upper price band of ₹56 per share.
Investors can apply for the Speb Adhesives IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Dec 3, 2025. The application amount remains blocked until the Speb Adhesives IPO allotment is finalized.
Speb Adhesives IPO issue size is ₹33.73 crores.
Speb Adhesives IPO allotment date is Wed, Jul 1, 2026.
The registrar for Speb Adhesives IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Speb Adhesives IPO allotment status, refund processing, and other IPO-related information.
The Speb Adhesives IPO GMP (Grey Market Premium) is ₹0 as of Mon, Dec 8, 2025. Based on the upper price band of ₹56 per share, the estimated Speb Adhesives IPO listing price is ₹56, indicating a potential listing gain of approximately 0% over the issue price.