Mumbai, Dec. 8 -- The stock listed at Rs 60, a 7.14% premium to the IPO price, and is currently down 3.25% over the listing price. It touched a high of Rs 60 and a low of Rs 57, with 18.82 lakh shares traded on the exchange.

Speb Adhesives' IPO was subscribed 2.17 times. The issue opened for bidding on 1 December 2025 and it closed on 3 November 2025. The price band of the IPO was fixed between Rs 52 to Rs 56 per share.

The IPO comprised 44,20,000 equity shares, including a fresh issue of 32,50,000 equity shares and offer for sale (OFS) of 11,70,000 equity shares. The company intends to utilize the net proceeds to partly finance the cost of establishing a new manufacturing facility to expand its production capabilities of water-based ad...