SPEB Adhesives IPO

On Hold

IPO Rating

5 star

Quality Score fund-quick-summary-circle

0/0

Growth Score fund-quick-summary-circle

0/0

Valuation Score fund-quick-summary-circle

0/0

SPEB Adhesives IPO Details

  • Bidding Date

    01-Dec-2025 to
    03-Dec-2025

  • Issue Size

    ₹33.73 Cr

  • Price Band

    ₹52 to ₹56

  • Allotment date

    04-Dec-2025

  • Listing date

    To be updated

  • Lot size

    2000

  • No. of shares

    60,24,000

  • Fresh issue/OFS

    ₹27.18 Cr/₹6.55 Cr

About SPEB Adhesives Company

Speb Adhesives Limited, originating as a partnership firm in 1979 under M/s. Speb Rubber Industries and incorporated as a private limited company in November 1990 before converting to public status in January 2025, has evolved from basic synthetic rubber adhesive production to a specialized manufacturer of high-performance, customer-tailored adhesives with a plant capacity of 10,000 liters per day, headquartered in Maharashtra. The core business centers on synthetic rubber-based products like SPEB-7 spray-grade adhesives for upholstery and bus body building, SPEB-7 FWG-711 and SPEB-7 variants for footwear bonding, serving industries including footwear, automotive, furniture, and textiles through nationwide distribution. Expertise encompasses formulation for specific open times, bond strengths, and application methods—manual or automated—ensuring compatibility across diverse machinery and substrates. Unique strengths include its pioneering market leadership, trusted SPEB-7 brand, state-of-the-art machinery, and a family-owned operational model with in-house teams for procurement, production, and finance enabling geographical expansion across India. The company prioritizes client-centric customization through detailed needs analysis, consistent quality delivery, and adaptive strategies to address application challenges and market demands effectively.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    2.2x

FAQs for SPEB Adhesives IPO.

The issue size of SPEB Adhesives is ₹33.73 Cr.

SPEB Adhesives falls into Specialty Chemicals industry.

The open and close dates for the SPEB Adhesives are 01-Dec-2025 & 03-Dec-2025.

The price band for the SPEB Adhesives ipo is ₹52 to ₹56

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

SPEB Adhesives total subscription ratio is 2.2X.

Key financial of the SPEB Adhesives are:


SPEB Adhesives FY-25 FY-24 FY-23
Revenue (₹ Cr) 44.79 42.62 38.37
EBIT (₹ Cr) 7.41 6.07 2.12
Proft after Tax (₹ Cr) 5.89 4.94 1.83
Debt (₹ Cr) 0 0 0
Net Worth (₹ Cr) 25.36 19.47 19.46
RoE (%) 23.24 25.36 9.41