
✓
Open
1 Dec 2025
✓
Close
3 Dec 2025
3
Allotment
—
✓
Listing
Mon, Dec 8, 2025
Price Band
₹52 to ₹56
Issue Size
60,24,000 shares (agg. up to ₹34 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Dec 8, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
08-12-2025₹0Est. ₹56+0%
07-12-2025₹0Est. ₹56+0%
06-12-2025₹0Est. ₹56+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.06x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 31.88 | 27.27 | 20.70 | 19.89 |
| Total Income | 25.04 | 45.54 | 43.21 | 38.79 |
| Profit After Tax | 3.65 | 5.89 | 4.94 | 1.83 |
| EBITDA | 4.88 | 7.83 | 6.53 | 2.43 |
| NET Worth | 29.01 | 25.36 | 19.47 | 19.46 |
| Reserves and Surplus | 11.40 | 7.75 | 19.30 | 19.27 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| SK Minerals & Additives Ltd. | SME | ₹41.15 Cr | ₹127 | 10.45 | ₹152.25 | +19.88% | ₹476.55 (+0.03%) |
| Shlokka Dyes Ltd. | SME | ₹57.79 Cr | ₹91 | 13.69 | ₹85.50 | -6.04% | ₹24.00 (+4.12%) |
| Snehaa Organics Ltd. | SME | ₹32.68 Cr | ₹122 | 12.47 | ₹115.90 | -5.00% | ₹47.35 (-4.92%) |
| Renol Polychem Ltd. | SME | ₹25.77 Cr | ₹105 | 11.54 | ₹99.75 | -5.00% | ₹81.20 (-4.97%) |
| Mehul Colours Ltd. | SME | ₹21.66 Cr | ₹72 | 9.87 | ₹86.03 | +19.49% | ₹58.00 (-3.33%) |
| Patel Chem Specialities Ltd. | SME | ₹58.80 Cr | ₹84 | 14.21 | ₹104.50 | +24.40% | ₹93.90 (-0.27%) |
| Sacheerome Ltd. | SME | ₹61.62 Cr | ₹102 | 10.42 | ₹160.55 | +57.40% | ₹435.90 (-0.91%) |
| Technichem Organics Ltd. | SME | ₹25.25 Cr | ₹55 | 14.81 | ₹60.11 | +9.29% | ₹47.00 (+0.97%) |
| Sudeep Pharma Ltd. | Mainboard | ₹895.00 Cr | ₹593 | 47.61 | ₹774.15 | +30.55% | ₹883.35 (+4.14%) |
| Gem Aromatics Ltd. | Mainboard | ₹451.25 Cr | ₹325 | 28.52 | ₹319.05 | -1.83% | ₹187.69 (-2.70%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | 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) | 20.44 |
| 2 | General Corporate Purposes | 4.06 |
| 3 | Issue Expenses | 3.34 |
| Total | 27.83 |
About Speb Adhesives IPO
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, t
Contact Details
Speb Adhesives Ltd. AddressPlot No.J 33MIDC, TalojaRaigadPanvel, Maharashtra, 410208+91 7738532223cs@speb7.comVisit Website