What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Speb Adhesives Limited IPO allotment date?

The basis of allotment for Speb Adhesives Limited IPO is scheduled to be finalized on 4 Dec 2025.

Where can I check Speb Adhesives Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 5 Dec 2025.

IPO GreyPremiumLIVE

Grey Market Intelligence

Speb Adhesives Limited

ListedSME

Chemicals · NSE

Speb Adhesive Limited manufactures and distributes solvent-based synthetic rubber adhesives while also offering water-based options. The company specializes in polychloroprene-based and SBS-based adhesives and provides a wide range of products such as multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, ducting and insulation adhesives, woodworking and footwear-grade adhesives, and adhesives for generator sets. Operating under a B2B model, Speb Adhesive serves industries like packaging, automotive, footwear, construction, woodworking, and furniture. Its manufacturing facility is located in the MIDC industrial area of Taloja, Raigad, Maharashtra, with a production capacity of 12,000 liters per day. As of November 20, 2025, the company has 41 permanent employees.

Price Band

₹52 – ₹56

Issue Size

₹33.73 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹56

at current GMP

Subscribed

2.48x

overall

Open

1 Dec 2025

3 Dec 2025

Allotment

4 Dec 2025

Refund

5 Dec 2025

Demat Credit

6 Dec 2025

Listing

8 Dec 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Speb Adhesives Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

4 Dec 2025

Basis finalization

Refunds Initiate

5 Dec 2025

Mandate release

Demat Credit

6 Dec 2025

Shares in demat

Listing Debut

8 Dec 2025

Trading begins

About Speb Adhesives Limited Public Issue & Market Profile

Speb Adhesives Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹33.73 Crores. The shares are offered at a price band of ₹52 to ₹56 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,12,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-12-06, while un-allotted funds or UPI block mandates will be released on 2025-12-05.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.