Price Band
₹52 - ₹56
Lot Size
2000
Issue Size
₹33.73 Cr
GMP
+₹0
↓ ₹30 today
Subscription
2.34x
Analyzing...
IPO Schedule
1
Open
1 Dec 2025
2
Close
3 Dec 2025
3
Allotment
4 Dec 2025
4
Listing
8 Dec 2025
About SPEB Adhesives Ltd
SPEB Adhesives Ltd specializes in manufacturing and supplying a diverse range of adhesives and sealants. Their product portfolio caters to various industries including construction, packaging, and automotive, offering solutions for bonding, sealing, and insulation applications.
Key Strengths
- Strong Return on Equity (ROE) of 26.30% indicates efficient utilization of shareholder funds and profitability.
- Competitive P/E ratio of 16.73 suggests reasonable valuation compared to industry peers (consider peer comparison in full analysis).
- Established presence in the adhesives market with a diverse product portfolio.
- Catering to multiple industries reduces dependence on a single sector.
- SME listing provides potential for higher growth and investor returns.
Risk Factors
- •SME IPOs carry inherent risks related to liquidity and price volatility.
- •Competition from larger, established players in the adhesives market.
- •Fluctuations in raw material prices can impact profitability.
Valuation Analysis
The IPO appears reasonably priced considering the company's ROE and P/E ratio, however, a thorough comparison with industry peers is essential to determine its true investment potential. Investors should carefully consider the risks associated with SME IPOs before investing.
IPO Details
ExchangeNSE
SegmentSME
ISININE1CW901027
NSE SymbolSPEB
Face Value₹10
Lot Size2000
Issue Size₹33.73 Cr
Key Metrics
ROE26.30%
ROCE32.07%
P/E Ratio16.73
Industry P/E20
EPS3.35
PAT Margin13.16%
Growth & Quality
Revenue Growth (YoY)22.5%
ProfitableYes ✓
Anchor Investors5
Subscription
Total0.25x
Imbalance Ratio1.7x
Documents
Registrar
LINK
Key Dates
Open Date1 Dec 2025
Close Date3 Dec 2025
Allotment4 Dec 2025
Listing8 Dec 2025