IPO Snapshot
| Detail | Information |
|---|---|
| IPO Open Date | 01 December 2025 |
| IPO Close Date | 03 December 2025 |
| Price Band / Issue Price | ₹52 to ₹56 per share |
| Lot Size | 2,000 shares per lot |
| Minimum Investment (Retail) | ~ ₹112,000 (at lower band) |
| Total Issue Size | ~ ₹33.73 crore |
| Shares Offered | 60,24,000 shares (Fresh + Offer for Sale) |
| Expected Allotment Date | 04 December 2025 |
| Expected Refund / Share Credit Date | 05 December 2025 |
| Expected Listing Date | 08 December 2025 (on NSE SME) |
Subscription & GMP Overview
| Metric | Value / Status |
|---|---|
| Overall Subscription | ~ 2.06× (i.e. IPO subscribed a little more than twice) |
| Grey Market Premium (GMP) | ₹0 (flat) — no premium indicated in grey market |
What this means: Subscription more than 1× indicates decent demand from bidders. However, GMP being zero suggests no significant speculative premium in grey‑markets before listing — meaning listing gains (if any) will depend more on actual market demand and fundamentals.
How to Check Your Allotment Status
Once allotment is finalised (around 4 Dec), you can check status using:
| Step | Action |
|---|---|
| 1️⃣ | Visit the IPO registrar’s website (for Speb Adhesives) — the registrar is MUFG Intime India Pvt. Ltd.. |
| 2️⃣ | Select Speb Adhesives Ltd. IPO from the IPO list or dropdown. |
| 3️⃣ | Enter your PAN number, or Application Number, or Demat / DP‑Client ID. |
| 4️⃣ | Click Submit / Search — the system will show whether you’ve been allotted shares, and how many. |
| 5️⃣ | If allotted — shares will be credited to your Demat account (expected by 5 Dec). If not allotted — refund will be processed. |
Alternatively — you can also check allocation status via your broker’s platform or the IPO‑tracking page provided by your broker.
What to Do After Allotment
- ✅ If allotted: Shares should reflect in your Demat — you may choose to hold or sell after listing, based on market conditions.
- 💰 If not allotted: Refund will be credited automatically. No further action needed.
- 📊 Treat GMP as a sentiment indicator, not a guarantee. Real listing performance depends on demand, market environment, and company fundamentals.
Key Takeaways
- Speb Adhesives IPO is moderately subscribed (~ 2.06×), showing investor interest.
- GMP is flat (₹0), so there’s no speculative premium priced in pre‑listing grey market.
- Allotment date: 4 Dec 2025 — check status soon after via the registrar’s website or your broker.
- A flat GMP doesn’t mean poor listing — real value will depend on post‑IPO demand and stock fundamentals.
