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HomeIPOSpeb Adhesives

About Speb Adhesives

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 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

1

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

Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Speb Adhesives

Speb Adhesives

Open Date

01 Dec 2025

Close Date

03 Dec 2025

listed

Min Investment

₹224000

Lot Size

4000 Shares

Issue Size

₹33.73 Cr

Price Range

₹52 - ₹56

Listing Date

Dec 8, 2025

IPO Doc

RHP PDF

IPO Subscription Status

QIB
2.06x
NII
4.74x
Total
2.48x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Speb Adhesives

In Cr.

Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue25.0445.5443.2138.79
EBITDA4.887.836.532.43
Expenses
Profit After Tax3.655.894.941.83
Assets31.8827.2720.7019.89
Net Worth29.0125.3619.4719.46
Reserves11.407.7519.3019.27
Borrowing

Speb Adhesives - Promoter(s)

Kirtikumar Vithlani

Bhaumik Vithlani

Gaurav Vithlani

Harish Vithlani

Pre Issue Share Holding

N/A

Post Issue Share Holding

N/A

Contact Details

Speb Adhesives

Plot No. J 33, MIDC, Taloja, Raigad, Panvel, Maharashtra, 410208

+917738532223
cs@speb7.com
http://www.speb7.com/

Registrar Contact Details

MUFG Intime India Pvt Ltd

+91-22-4918 6270
spebadhesives.ipo@in.mpms.mufg.com
https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Speb Adhesives IPO - FAQs

Speb Adhesives IPO is a SME IPO. The issue is priced at ₹52-56 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on 1 Dec, and closes on 3 Dec. MUFG Intime India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2025-11-27
  • Bidding Starts2025-12-01
  • Bidding Ends2025-12-03
  • Allotment Finalisation2025-12-04
  • Release of Funds2025-12-05
  • Demat Transfer2025-12-05
  • Listing2025-12-08