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Speb Adhesives IPO sees tepid demand on Day 1, issue subscribed 6% so far. Check GMP, key details, more

Speb Adhesives IPO commenced on Monday, December 1 and will conclude on Wednesday, December 3. Speb Adhesives IPO price band has been set at ₹52 to ₹56 equity share, each with a face value of ₹10. Investors can place bids for a minimum of 2,000 equity shares and in multiples of 2,000 shares thereafter.

Speb Adhesives IPO sees tepid demand on Day 1, issue subscribed 6% so far. Check GMP, key details, more

Credit: Livemint

Key Highlights

  • Speb Adhesive Limited is involved in the production and distribution of synthetic rubber adhesives that are solvent-based.
  • The company provides both water-based and solvent-based adhesive options.
  • Among its solvent-based offerings, it focuses on adhesives that are based on polychloroprene and SBS (styrene-butadiene-styrene).
  • The range of products includes multi-purpose adhesives, spray-grade options, premium bonding adhesives, adhesives for ducting and insulation, woodworking adhesives, footwear-grade adhesives, and those intended for use in generator sets.
  • Operating on a B2B business model, the company supplies its products to various industries, such as packaging, automotive, footwear, construction, woodworking, and furniture.
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Sources

  1. Speb Adhesives IPO sees tepid demand on Day 1, issue subscribed 6% so far. Check GMP, key details, more

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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