Issue Price
₹56
Per Share
GMP
NIL
Grey Market
Est. Listing
₹56
Expected Price
Min. Application
₹224,000
2 lots × 2000 shares
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 WaLLFixSpray-grade Adhesives: SPEB-7 SPRAYGRADE, SPEB-7 G1, SPEB-7 G7Premium Bonding Adhesives: SPEB-7 Premium SR-911Ducting and Insulation adhesives: SPEB-7 Duct Fix and SPEB-7 Duct Fix (Eco)As of November 20, 2025, the company had 41 permanent employees.Competitive StrengthsStrong Financial Foundation for Future GrowthConsistent Delivery Through a Trusted NetworkExperienced Promoters and senior management team
Speb Adhesives Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 538,000 | — | ₹3.01 Cr | — |
| TOTAL | 6,024,000 | 100.00% | ₹33.73 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹112,000 |
| Retail (Max) | 13 | 26,000 | ₹1,456,000 |
| sNII (Min) | 14 | 28,000 | ₹1,568,000 |
| bNII (Min) | 68 | 136,000 | ₹7,616,000 |
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 25.04 | 45.54 | 43.21 |
| EBITDA | 4.88 | 7.83 | 6.53 |
| Profit After Tax (PAT) | 3.65 | 5.89 | 4.94 |
| Net Worth | 29.01 | 25.36 | 19.47 |
| Total Assets | 31.88 | 27.27 | 20.70 |
| Reserves & Surplus | 11.40 | 7.75 | 19.30 |
| Total Borrowings | N/A | N/A | N/A |