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Speb Adhesives share price locked in 5% lower circuit after premium listing

Speb Adhesives shares were locked in 5% lower circuit after listing at a premium on NSE SME today. Speb Adhesives share price today opened at ₹60, which is 7.14% higher than the issue price of ₹56. Speb Adhesives IPO started on Monday, December 1, and ended on Wednesday, December 3.

Speb Adhesives share price locked in 5% lower circuit after premium listing

Credit: Livemint

Key Highlights

  • Speb Adhesives IPO price band has been established at ₹52 to ₹56 per equity share, each having a face value of ₹10.
  • Investors may place bids starting from a minimum of 2,000 equity shares and in increments of 2,000 shares thereafter.
  • Speb Adhesives IPO subscription status was 2.34 times on the last bidding day as per chittorgarh. com Speb Adhesives Limited specializes in the manufacturing and distribution of synthetic rubber adhesives that are solvent-based.
  • The company offers both water-based and solvent-based adhesive alternatives.
  • Among its solvent-based products, it emphasizes adhesives based on polychloroprene and SBS (styrene-butadiene-styrene).
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Sources

  1. Speb Adhesives share price locked in 5% lower circuit after premium listing

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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