SPEB Adhesives Ltd IPO – Dates, Price Band & Lot Size

The SPEB Adhesives Ltd IPO will be live from 01 Dec'25 to 03 Dec'25 with an issue size of ₹33.73 crores. The IPO is priced in the band of ₹0.00–₹56.00 per share with a minimum lot size of 4000.00 shares. Stay updated with IPO dates, allotment status, and listing details.

Min Investment ₹224000.00

Subscribed Times 2.18x

Issues size ₹34 Crores

Price Range ₹0.00 - ₹56.00

Open on 01 Dec'25

Close on 03 Dec'25

SPEB Adhesives Ltd IPO Details

Lot Size 4000.00

Issue size ₹34 Crores

Issue Type Book Building

SPEB Adhesives Ltd Shares Offered

Qualified Inst. Buyers 24.82

Non Inst. Buyers 30.79

Retails Ind. Buyers 43.44

SPEB Adhesives Ltd Subscription Status

(as of 14 Jan 2026) Overall Status 2.18x

Qualified Inst. Buyers 2.11x

Non Inst. Buyers 2.88x

Retails Ind. Buyers 1.76x

SPEB Adhesives Ltd IPO Timeline

01 Dec'25 Issue Open

03 Dec'25 Issue Close

04 Dec'25 Finalization of Basis of Allotment

05 Dec'25 Initiation of refund

05 Dec'25 Transfer of shares to Demat Account

08 Dec'25 Listing Date

SPEB Adhesives Ltd Objects of the offer

Expanding our product offerings and strategic diversification into water-based adhesive products toaddress evolving industrial and environmental demands.

Establishing an online distribution channel through a dedicated mobile application to streamlineproduct access and enhance customer engagement.

Strengthening international presence by deepening market penetration across the GCC region.

Strengthen relationships with our existing customers and expand customer base.

SPEB Adhesives Ltd Company's Financials

Assets(cr) Mar 2025 25.41 Mar 2024 19.48 Mar 2023 19.56

Gross Profit(cr) Mar 2025 8.57 Mar 2024 7.12 Mar 2023 2.79

Liabilities(cr) Mar 2025 0.05 Mar 2024 0.01 Mar 2023 0.23

Net Income(cr) Mar 2025 5.89 Mar 2024 4.94 Mar 2023 1.79

Revenue(cr) Mar 2025 44.79 Mar 2024 42.62 Mar 2023 38.37

SPEB Adhesives Ltd Peer Comparison

Script Name HP Adhesives Limited Revenue(cr) 252.87 Net Profit(cr) 18.24 EPS 1.99 Current Ratio 7.99

Script Name Nikhil Adhesives Limited Revenue(cr) 584.59 Net Profit(cr) 16.86 EPS 3.67 Current Ratio 5.21

Script Name Jyoti Resins & Adhesives Limited Revenue(cr) 284.12 Net Profit(cr) 73.87 EPS 61.56 Current Ratio 20.05

SPEB Adhesives Ltd IPO

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SPEB Adhesives Ltd Company Contact Info

Plot No.J 33 MIDC Taloja,

Raigad,

Panvel-410208

Phone : +91 77385 32223

SPEB Adhesives Ltd Registrar & Transfer Agent

MUFG Intime India Pvt Ltd

C-101 247 Park,

L B S Marg-Mumbai-400083

Phone : 91-22-49186000

Fax : 91-22-49186060

SPEB Adhesives Ltd Book Running Managers

Unistone Capital Private Limited

Initial public offering of up to 60,24,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Speb Adhesives Limited (Company or the Issuer) for cash at a price of Rs. 56 per equity share (including a share premium of Rs. 46 per equity share) (Offer Price) aggregating up to Rs. 33.73 crores comprising a fresh issue of up to 48,54,000 equity shares aggregating up to Rs. 27.18 crores by the company (Fresh Issue) and an offer for sale of up to 11,70,000 equity shares aggregating up to Rs. 6.55 crores (the Offered Shares) comprising up to 5,85,000 equity shares by Kirtikumar Vithlani aggregating up to Rs. 3.28 crores and up to 5,85,000 equity shares by Harish Vithlani aggregating up to Rs. 3.28 crores (the Selling Shareholders and such offer, the Offer for Sale) (the Offer for Sale and together with the fresh issue, the Offer) of which 38,000 equity shares aggregating to Rs.0.21 crores will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). The offer, less market maker reservation, i.e. net offer 54,86,000 equity shares of face value of Rs.10/- each at price of Rs. 56 per equity share aggregating to Rs. 30.72 crores is herein after referred to as the net offer. The offer and the net offer will constitute 26.82% and 24.42% respectively of the fully-diluted post-offer paid-up equity share capital of the company.

SPEB Adhesives Ltd IPO FAQs

What is the issue size of SPEB Adhesives Ltd IPO?

The issue size of SPEB Adhesives Ltd IPO is ₹ 34 crore.

What is 'pre-apply' for SPEB Adhesives Ltd IPO?

'Pre-apply' lets you place your IPO application before the official opening date.

If I pre-apply for SPEB Adhesives Ltd IPO, when will my order get placed?

Your order will be placed automatically once the IPO opens for subscription.

When will I know if my SPEB Adhesives Ltd IPO order is placed?

You'll get a confirmation via SMS/email once your IPO order is successfully placed.

What are the open and close dates of the SPEB Adhesives Ltd IPO?

The IPO opens on 01 Dec and closes on 03 Dec.

What is the lot size and minimum order quantity of the SPEB Adhesives Ltd IPO?

The minimum order is 1 lot, which consists of 4000.00 shares.

What is the allotment date for the SPEB Adhesives Ltd IPO?

The allotment is expected on 04 Dec.

Who is the registrar of the SPEB Adhesives Ltd IPO?

MUFG Intime India Pvt Ltd is the registrar for this IPO.

Where is the SPEB Adhesives Ltd IPO getting listed?

It will be listed on NSE.