
Speb Adhesives
Open Date
01 Dec 2025
Close Date
03 Dec 2025
Min Investment
₹224000
Lot Size
4000 Shares
Issue Size
₹33.73 Cr
Price Range
₹52 - ₹56
Listing Date
Dec 8, 2025
IPO Doc
RHP PDFAbout Speb Adhesives
Speb Adhesive Private Limited is a company concerned with manufacturing and distributing solvent-based synthetic rubber adhesives.The company offers both the water-based adhesives and solvent-based adhesives,. In the solvent-based adhesives, it specializes in polychloroprene-based and SBS (styrene-butadiene-styrene)-based adhesives.Speb Adhesive focuses on quality, novelty, and environmental compatibility in its formulations, with a particular interest in non-toxic and environment-friendly products that respond to industrial performance standards.Its product portfolio includes multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in Generator Set.The business is based on a B2B model, and it sells its products to various sectors like packaging, automotive, footwear, construction, woodworking, and furniture.Its manufacturing facility is situated at MIDC industrial area, Taloja, Raigad, Maharashtra, with an installed capacity of 12,000 liters per day.
Speb Adhesives IPO - Issue Objectives
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
Objectives
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
IPO Subscription Status
Financials of Speb Adhesives
In Cr.
Revenue: ₹25.04
EBITDA: ₹4.88
Profit: ₹3.65
| Key Performance Indicator | 30-Sep-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 25.04 | 45.54 | 43.21 | 38.79 |
| EBITDA | 4.88 | 7.83 | 6.53 | 2.43 |
| Expenses | ||||
| Profit After Tax | 3.65 | 5.89 | 4.94 | 1.83 |
| Assets | 31.88 | 27.27 | 20.70 | 19.89 |
| Net Worth | 29.01 | 25.36 | 19.47 | 19.46 |
| Reserves | 11.40 | 7.75 | 19.30 | 19.27 |
| Borrowing |
Speb Adhesives - Promoter(s)
Kirtikumar Vithlani
Bhaumik Vithlani
Gaurav Vithlani
Harish Vithlani
N/A
N/A
Contact Details
Speb Adhesives
Plot No. J 33, MIDC, Taloja, Raigad, Panvel, Maharashtra, 410208
Registrar Contact Details
MUFG Intime India Pvt Ltd
Speb Adhesives IPO - FAQs
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