New Delhi, Dec. 8 -- 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 Rs.60, which is 7.14% higher than the issue price of Rs.56.

Speb Adhesives IPO started on Monday, December 1, and ended on Wednesday, December 3. Speb Adhesives IPO price band has been established at Rs.52 to Rs.56 per equity share, each having a face value of Rs.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 adh...