Speb Adhesives IPO Subscribed 2.34x on Day 3

Speb Adhesives IPO subscription started on Monday, December 1, 2025, and will close on December 3, 2025, as per the schedule. The price band is set at ₹52 to ₹56 per share with a face value of ₹10.

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Speb Adhesives IPO Subscription Status

Speb Adhesives IPO subscribed over 2.34x on its Last day till 05.00 PM on 3rd December 2025. 

  • Speb Adhesives IPO subscription QIB investors’ portion is 2.06x times, while NII subscribed 4.09x times, and RII investors subscribed 1.75x times.
  • The company has received bids for 90,80,000 shares against 38,82,000 shares on offer on the Last day. 
  • Speb Adhesives IPO subscribed over 0.49x times on day 2.
  • Speb Adhesives IPO subscribed over 0.25x times on day 1.

About the Speb Adhesives IPO

Speb Adhesive Limited is one of the leading companies that manufactures solvent-based synthetic rubber adhesives. The company provides solvent-based and water-based adhesives for synthetic rubber-based adhesives. Within solvent-based adhesives, the company mainly focuses on polychloroprene-based and SBS (styrene-butadiene-styrene)–based adhesives, which are famous for their durability, strong building, and use in multiple applications.

Its product portfolio consists of a wide range of adhesives, including spray-grade adhesives, premium bonding adhesives, ducting and insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives for generator sets. Its products are used in many industries, such as hardware, foam and furnishing, ducting and insulation, woodworking, footwear, and generator sets. Taloja, Raigad, Maharashtra, is where its manufacturing is situated, with an installed capacity of 12,000 liters per day.

Speb Adhesives IPO Company Financial Report

The company reported revenue of ₹45.54 crores in 2025 against ₹43.21 crores in 2024. The company reported a profit of ₹5.89 crores in 2025 against a profit of ₹4.94 crores in 2024. 

Speb Adhesives IPO GMP

Speb Adhesives IPO GMP was ₹0 as of Wednesday, 3rd December. That indicates the IPO is trading at ₹56 with a ₹0 premium in the grey market against the issue price of ₹56.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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