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NSE SME Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed

Speb Adhesives Ltd IPO 2026

Face Value: ₹10  ·  Lot Size: 2,000 shares  ·  Min Investment: ₹112,000
₹56
Issue Price
+₹0
GMP Today
60,24,000 (100.00%)
Total Shares Offered
₹56
Est. Listing
Allotment Status
📅
Open Date
2025-12-01
📅
Close Date
2025-12-03
🎟️
Allotment
2025-12-04
UPI Mandate
2025-12-03
📱
Listing Date
2025-12-08
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹0
+0% vs Issue Price
Estimated Listing: ₹56
Issue Price: ₹56  ·  Lot: 2,000 shares
Expected P&L (1 lot): +₹0 on ₹112,000
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Crore
Metric 30 Sep 2025 31 Mar 2025 31 Mar 2024
Revenue 25.04 45.54 43.21
Profit After Tax 3.65 5.89 4.94
EBITDA 4.88 7.83 6.53
Net Worth 29.01 25.36 19.47
Total Assets 31.88 27.27 20.70
Reserves & Surplus 11.40 7.75 19.30
Total Borrowings
Key Financial Ratios
26.30%
ROE
Return on Equity
32.07%
ROCE
Return on Capital Employed
26.30%
RONW
Return on Net Worth
13.16%
PAT Margin
PAT / Revenue
17.47%
EBITDA Mgn
EBITDA / Revenue
4.32
P/BV
Price to Book Value
Issue Details
Total Shares Offered
60,24,000 (100.00%)
Net Offer to Public
54,86,000 shares (aggregating up to ₹30.72 Cr)
Market Maker Reservation
5,38,000 shares (aggregating up to ₹3.01 Cr)
Pre-Issue Shareholding
1,76,10,570 shares%
Post-Issue Shareholding
2,24,64,570 shares%
Issue Price
₹56
Face Value
₹10
Lot Size
2,000 shares
Listing Exchange
NSE SME
Issue Type
Bookbuilding IPO
Objects of Issue
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
Lead Managers
Unistone Capital Pvt.Ltd
IPO Timeline
Open
2025-12-01
Close
2025-12-03
Allotment
2025-12-04
Listing
2025-12-08
Registrar Details
MUFG Intime India Pvt.Ltd
+91-22-4918 6270
spebadhesives.ipo@in.mpms.mufg.com
Check Allotment Status
Company Information
Email
cs@speb7.com
Phone
+91 7738532223
Address
Plot No. J 33, MIDC, Taloja, Raigad, Panvel, Maharashtra, 410208
About Speb Adhesives Ltd

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
Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹56
Lot Size
2,000 sh
Est. Listing
₹56
Pre-Issue Hold.
1,76,10,570 shares%
Post-Issue Hold.
2,24,64,570 shares%
Registrar
MUFG Intime India Pvt.Ltd
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GMP %
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