IPO IPO-Synopsis
SPEB Adhesives Ltd

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Registered Office: Plot No.J 33 MIDC Taloja,Raigad , Panvel - 410208 , Maharashtra , India.
Phone : +91 77385 32223   Fax:
Email :  cs@speb7.com  
Website :  www.speb7.com
Initial public offering of up to 60,24,000 equity shares of face value of Rs10/- each ("Equity Shares") of Speb Adhesives Limited ("Company" or the "Issuer") for cash at a price of Rs[*] per equity share (including a share premium of Rs[*] per equity share) ("Offer Price") aggregating up to Rs[*] crores comprising a fresh issue of up to 48,54,000 equity shares aggregating up to Rs[*] crores by the company ("Fresh Issue") and an offer for sale of up to 11,70,000 equity shares aggregating up to Rs[*] crores (the "Offered Shares") comprising up to 5,85,000 equity shares by Kirtikumar Vithlani aggregating up to Rs[*] crores and up to 5,85,000 equity shares by Harish Vithlani aggregating up to Rs[*] crores (the "Selling Shareholders" and such offer, the "Offer for Sale") (the "Offer for Sale" and together with the fresh issue, the "Offer") of which 38,000 equity shares aggregating to Rs[*] crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. net offer 54,86,000 equity shares of face value of Rs10/- each at price of Rs[*] per equity share aggregating to Rs[*] crores is herein after referred to as the "net offer". The offer and the net offer will constitute 26.82% and 24.42% respectively of the fully-diluted post-offer paid-up equity share capital of the company. The face value of equity shares is Rs10/- each. The offer price is 5.6 times the face value of the equity shares. Price Band: Rs52 to Rs56 per equity share of face value of Rs10 each. The floor price 5.2 times of the face value and the cap price is 5.6 times of the face value. Bids can be made for a minimum of 4000 equity shares and in multiples of 2000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
01-Dec-25 03-Dec-25 Rs52.00-56.00 Rs0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Unistone Capital Private Limited
Project Financed through Current Offer 31.32  
Post Issue Equity Share Capital 22.46  
Issue Price Rs52.00  
Projects
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,General corporate purposes (1)(2)
Promoted By
Kirtikumar Vithlani
Harish Vithlani
Gaurav Vithlani
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd