Speb Adhesives Limited is gearing up to launch its SME IPO, which will open for subscription on 1 December 2025 and remain available for bidding until 3 December 2025. The offering has already started gaining market attention due to its sizeable issue structure and book-building route.
According to the company’s schedule, investors must complete their UPI mandate confirmation by 5:00 PM on 3 December 2025. As per the guidelines, only bids with a confirmed blocked amount (RC100 status) will be considered valid, so investors are advised to approve mandates well before the deadline to avoid any last-minute technical issues.
Speb Adhesives Limited IPO
Speb Adhesives Limited manufactures high-quality synthetic rubber adhesives used across many industries. The company mainly produces solvent-based adhesives that offer strong bonding and long-lasting durability for furniture, footwear, foam, ducting, insulation, and industrial use. They supply their products through dealers, industrial clients, export channels, and government contracts.
IPO Structure
The Speb Adhesives IPO consists of a mix of fresh equity and an offer for sale. The total size includes:
- Fresh Issue: 48,54,000 equity shares
- Offer for Sale (OFS): Up to 11,70,000 equity shares
- Market Maker Portion: 5,38,000 equity shares included within the OFS
This takes the combined issue size to over 60 lakh equity shares, making it one of the notable SME listings expected this year.
Price Band and Lot Size
The IPO will follow a 100% book-building process, with a price range fixed between ₹52 and ₹56 per share.
The minimum investment lot is 2,000 equity shares, aligning with typical SME market norms. The shares carry a face value of ₹10, while the tick size for bidding has been set at Re.1.
Bidding Window and Market Timings
Investors can place their bids between 10:00 AM and 5:00 PM on issue days, except on the final day (3 December), when the bidding window will close at 4:00 PM.
The upcoming listing of Speb Adhesives Limited is expected to draw interest from SME investors tracking industrial and manufacturing sector plays. With book-building pricing and a relatively large issue size, the IPO is likely to be closely watched in the market’s small-cap and SME segment.
source- NSE
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