
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
Close
3 Dec 2025
Allotment
4 Dec 2025
Refund
5 Dec 2025
Demat Credit
6 Dec 2025
Listing
8 Dec 2025
Overall Subscription
2.48x
Total Demand
QIB Multiplier
2.06x
Institutions & Funds
NII / HNI
4.74x
High Net-Worth
Retail (RII)
1.75x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,122,000 | 2,316,000 | 2.06x |
| NIB | 828,000 | 3,926,000 | 4.74x |
| HNIs(10L +) | 552,000 | 3,234,000 | 5.86x |
| HNIs (2-10L) | 276,000 | 692,000 | 2.51x |
| RETAIL | 1,932,000 | 3,376,000 | 1.75x |
| Total | 4,710,000 | 13,544,000 | 2.48x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 4 | 0.00x |
| NIB | — | 160 | 0.00x |
| RETAIL | 483 | 844 | 1.75x |
| HNIs(10L +) | 92 | 54 | 0.59x |
| HNIs (2-10L) | 46 | 106 | 2.30x |
| Total Applications | 621 | 1,168 | 1.88x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
Currently, Speb Adhesives Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹52 to ₹56 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,12,000. Expected listing price is ₹56 per equity share.
The Speb Adhesives Limited IPO aggregate issue size is ₹33.73 Crores with an equity price band set at ₹52 to ₹56 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,12,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.48x (Retail: 1.75x, QIB: 2.06x, NII: 4.74x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-12-04. Investors can verify status using PAN card or application number.
Speb Adhesives Limited shares are scheduled to list on NSE on 2025-12-08.