IPO Snapshot
 
SPEB Adhesives Ltd.
Issue Open Date 01-Dec-25  
Issue Closing Date 03-Dec-25  
Application Money 100  
Allotment Money  
Price Band 52 - 56  
Minimium Application No. 4000  
Issue Size (Shares) 6024000  
Market Lot 1  
Objective
1.Part finance the cost of establishing new manufacturing facility to expand our production capabilities of Water based adhesives at Survey no. 120, 121/1 and 121/2, Village Tambati, Taluka Khalapur, District Raigad, Maharashtra, India (“Proposed new facility”);2.General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
Our company is engaged in the business of manufacturing solvent-based synthetic rubber adhesives. Withinthe synthetic rubber-based adhesive, we offer both – solvent-based and water-based adhesives. Weprimarily focus on in-house manufacturing of solvent-based adhesives, with water-based adhesives beingproduced on a contractual manufacturing basis. Within the solvent-based category, we primarily specializein polychloroprene-based and SBS (styrene-butadiene-styrene)-based adhesives, known for their highbonding strength, durability, and wide application range. Our product portfolio includes various productscustomized for industrial and retail applications, such as multi-purpose adhesives, spray-grade adhesives,premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-gradeadhesives, and adhesives used in Generator Set. We follow a B2B business model, and our products areused in Hardware, Foam and Furnishing, Ducting and Insulation, Woodworking, Footwear, and GeneratorSet industries. To serve a diverse customer base, we operate through three major business channels, viz.Dealer-Distribution Network, Industrial Sales, and Government Supply Contracts.
Promoter's Holding
Total Share Capital   17610570  
Offered to Public   6200000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)    
Address
Plot No. J 33
M I D C
Taloja
Panvel
Raigad ,
Maharashtra ,
410208
Phone : 7738532223
Email : cs@speb7.com
Website : www.speb7.com
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
NSE
Lead Manager
Unistone Capital Pvt Ltd.
Promoters
Bhaumik Vithlani
Gaurav Vithlani
Harish Vithlani
Kirtikumar Vithlani