SPEB Adhesives Ltd Logo

SPEB Adhesives Ltd IPO

NSELot: 2000

LISTEDSME
Issue Price56
Listing60
Current55.8
Price Band
52 - ₹56
Lot Size
2,000
Issue Size
₹33.73 Cr
GMP
0
↑₹30 today
Subscription
0.25x

IPO Schedule

1
Open
1 Dec
2
Close
3 Dec
3
Allotment
4 Dec
4
Listing
8 Dec

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.

Subscription Status

QIB
0.00x
NII
0.78x
Retail
0.16x
CategoryDay 3Day 2Day 1
QIB2.06x0.49x0.00x
NII4.09x0.81x0.78x
Retail1.75x0.35x0.16x
Total2.34x0.49x0.25x

GMP History

DateGMPEst. Listing
2 Dec 2025+₹056
28 Nov 2025+₹3086

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.

Promoters & Management

The key management team of SPEB Adhesives Limited consists of experienced individuals. Gaurav Vithlani, aged 44 years, serves as the Promoter and Managing Director, bringing his expertise in assessing market conditions and optimizing operational performance. Kirtikumar Vithlani, aged 70 years, is the Promoter, Chairman, and Whole Time Director, responsible for financial planning and strategic guidance. Harish Vithlani, aged 73 years, is the Promoter and Executive Director, focusing on customer relationships and demand forecasting. Bhaumik Vithlani, aged 40 years, is the Promoter and Executive Director, leading cross-functional teams and strengthening customer relationship management. Chirag Shah, aged 43 years, is a Non-Executive Independent Director, providing expertise in distribution and supply chain management. Dhaval Mehta, aged 40 years, is a Non-Executive Independent Director, contributing his knowledge in wealth management. Kajal Pandya, aged 43 years, is a Non-Executive Independent Director, promoting faculty excellence and strengthening corporate collaborations. Satish Patel, aged 54 years, is the Vice President- Technical Head, overseeing quality control and product development.