UPI Mandate for Bids placed between 5 PM and before 10 AM will be received after 10 AM.
Offer Date | Dec 01 - Dec 03, 2025 |
Offer Price | ₹ 52-56 |
Lot Size | 2000 |
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Speb Adhesives Limited IPO
NSE SME Live Offer Date: Dec 1, 2025 - Dec 3, 2025
₹ 224000 /4000 Shares
*Min Investment
01 Dec, 2025
Open Date03 Dec, 2025
Close Date04 Dec, 2025
Allotment Date08 Dec, 2025
Listing DateSpeb Adhesives IPO Live Subscription Details
View Subscription DetailsQIB 0.00x
Individual 0.16x
NIIs 0.78x
BHNI 1.11x
SHNI 0.13x
Individual 0.16x
Total 0.25x
Last updated: 01 Dec 2025, 05:54 PM
Speb Adhesives IPO Issue Details
- Issue Price ₹52-56 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 60,24,000 shares(aggregating up to ₹33.73 crore)
- Fresh Share 48,54,000 shares(aggregating up to ₹27.18 crore)
- Offer For Sale 11,70,000 shares(aggregating up to ₹6.55 crore)
- Listing at NSE SME
- Lead Manager Unistone Capital Pvt Ltd
- Registrar MUFG Intime India Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 4000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 4000 | ₹2,24,000 |
| Individual(max) | 2 | 4000 | ₹2,24,000 |
| SHNI(min) | 3 | 6000 | ₹3,36,000 |
| SHNI(max) | 8 | 16000 | ₹8,96,000 |
| BHNI(min) | 9 | 18000 | ₹10,08,000 |
Speb Adhesives IPO Reservation
Speb Adhesives IPO offers total 6024000 shares. Out of which 1122000 (18.63%) allocated to QIB, 828000 (13.75%) allocated to NII,1932000 (32.07%) allocated to RII, NA (NA%) allocated to employees and 1604000 (26.63%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1604000 (26.63%) | |
| Market Maker Shares Offered | 538000 (8.93%) | |
| QIB Shares Offered | 1122000 (18.63%) | |
| NII (HNI) Shares Offered | 828000 (13.75%) | |
| bNII < ₹10L | 552000 (9.39%) | |
| sNII < ₹10L | 276000 (4.85%) | |
| Individual Shares Offered | 1932000 (32.07%) | |
| Total Shares Offered | 6024000 (100%) |
Speb Adhesives IPO Details
Speb Adhesives Limited IPO is an SME IPO, priced at ₹52-56 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 60,24,000 equity shares, aggregating up to ₹33.73 crores..
The IPO bidding window is open from Dec 1, 2025 to Dec 3, 2025. The allotment is expected to be finalized on Dec 4, 2025, and the tentative listing date is Dec 8, 2025.
The minimum lot size for Individual investors is 4000 shares, with a minimum investment of ₹2,24,000.
Unistone Capital Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is MUFG Intime India Pvt Ltd, and
Speb Adhesives IPO Subscription Analysis And Details
Retail
0.16x
NII
0.78x
bNII
1.11x
sNII
0.13x
Total
0.25x
| As on | QIB | QIB / NII | NII bNII sNII | Individual | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 11,22,000 | 8,28,000 5,52,000 2,76,000 | 19,32,000 | 38,82,000 | |
Day 1 01-12-25 05:00 PM | 0.00 x | 0.78 1.11 x 0.13 x | 0.16 x | 0.25 x |
Speb Adhesives Valuations
EPS Pre IPO ₹3.35/-
EPS Post IPO ₹3.25/-
P/E Pre IPO 16.73
P/E Post IPO 17.22
ROE 26.30%
ROCE 32.07%
RoNW 26.30%
PAT Margin 13.16%
Price to Book Value 4.32
Market Cap. 125.80 Cr.
Speb Adhesives Company Financials
In Crs.
In Cr.
| 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 31.88 | 27.27 | 20.70 | 19.89 |
| Revenue | 25.04 | 45.54 | 43.21 | 38.79 |
| Profit After Tax | 3.65 | 5.89 | 4.94 | 1.83 |
| Net Worth | 29.01 | 25.36 | 19.47 | 19.46 |
| Reserves & Surplus | 11.40 | 7.75 | 19.30 | 19.27 |
About Speb Adhesives Company
Speb Adhesive Private Limited is a company concerned with manufacturing and distributing solvent-based synthetic rubber adhesives.The company offers both the water-based adhesives and solvent-based adhesives,. In the solvent-based adhesives, it specializes in polychloroprene-based and SBS (styrene-butadiene-styrene)-based adhesives.
Speb Adhesive focuses on quality, novelty, and environmental compatibility in its formulations, with a particular interest in non-toxic and environment-friendly products that respond to industrial performance standards.Its product portfolio includes 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 business is based on a B2B model, and it sells its products to various sectors like packaging, automotive, footwear, construction, woodworking, and furniture.
Its manufacturing facility is situated at MIDC industrial area, Taloja, Raigad, Maharashtra, with an installed capacity of 12,000 liters per day.
Speb Adhesives - Promoter(s)
Kirtikumar Vithlani
Bhaumik Vithlani
Gaurav Vithlani
Harish Vithlani
Pre Issue Share Holding : %
Post Issue Share Holding : %
Speb Adhesives IPO - Issue Objectives
1
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)
2
General corporate purposes
Contact Details
Speb Adhesives
Plot No. J 33, MIDC, Taloja, Raigad, Panvel, Maharashtra, 410208
+91 7738532223
Registrar Contact Details
Speb Adhesives IPO - FAQs
Ans. Speb Adhesives Limited IPO is a SME IPO. The issue is priced at ₹52-56 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 1, 2025, and closes on Dec 3, 2025. MUFG Intime India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Speb Adhesives Limited IPO opens on Dec 1, 2025 and closes on Dec 3, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Speb Adhesives Limited IPO is Total 33.73 Cr : #Fresh Issue : 48,54,000 shares(aggregating up to ₹27.18 Cr) + #OFS : 11,70,000 shares of ₹10(aggregating up to ₹6.55 Cr).
Ans. The Speb Adhesives Limited IPO price band is set between ₹52-56 per equity share.
Ans. To apply for Speb Adhesives Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Speb Adhesives Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Speb Adhesives Limited IPO is Dec 4, 2025.
Ans. The Speb Adhesives Limited IPO will be listed on Dec 8, 2025.
Ans. Follow the steps to check the Speb Adhesives Limited IPO allotment status online.
