Description
Speb Adhesives Limited equity shares to be listed on NSE EMERGE SME Platform from December 08, 2025 in Trade for Trade Surveillance Segment.
Summary
National Stock Exchange has announced the listing of equity shares of Speb Adhesives Limited on the EMERGE SME Platform effective December 08, 2025. The company’s shares will initially trade in Series ‘ST’ (Trade for Trade Surveillance Segment with Settlement Type ‘W’) before transitioning to normal rolling segment Series ‘SM’. The IPO consists of 22,464,570 equity shares with face value of Rs. 10/- each, issued at Rs. 56/- per share.
Key Points
- Stock Symbol: SPEB
- ISIN: INE1CW901027
- Face Value: Rs. 10/- per share
- Issue Price: Rs. 56/- per share
- Total Securities: 22,464,570 equity shares
- Trading Lot Size: 2,000 equity shares
- Market Maker Maximum Spread: Within 10%
- Initial Trading Series: ST (Trade for Trade Surveillance Segment)
- Future Trading Series: SM (Normal Rolling Segment)
- Listing Date: December 08, 2025
Regulatory Changes
No regulatory changes. Listing follows existing SEBI circulars CIR/MRD/DP/01/2012 and CIR/MRD/DP/02/2012 dated January 20, 2012, and Exchange Circular No. NSE/CMTR/37202 dated March 14, 2018.
Compliance Requirements
- Members must note the security will be part of pre-open session for IPO and Other category of scrips
- Trading will be available in continuous market
- Security identified by designated codes only
- Trading in specified lot sizes (2,000 equity shares)
- Market maker spread must be within 10%
- Settlement Type ‘W’ initially, then Type ‘N’ after transition to Series SM
Important Dates
- Circular Date: December 05, 2025
- Effective Date: December 08, 2025
- Financial Year: April 2025 - March 2026
Impact Assessment
Limited market impact as this is a small-cap SME listing. The Trade for Trade Surveillance Segment placement indicates enhanced monitoring for initial trading period. The 2,000 share lot size and 10% market maker spread are standard for SME segment. Investors should note the initial surveillance restrictions and eventual transition to normal trading segment. The company operates in the adhesives manufacturing sector from its facility in Taloja, Maharashtra.
Company Information
Registered Office: Speb Adhesives Limited Plot No. J 33, MIDC, Taloja, Raigad Panvel - 410208, Maharashtra Tel: +91 7738532223 Email: cs@speb7.com Website: www.speb7.com
Company Secretary: Ms. Monika Dhawan
Registrar & Transfer Agent: MUFG Intime India Private Limited C-101, 247 Park, L B S Marg Vikhroli West, Mumbai - 400083 Tel: +91 810 811 4949 Email: spebadhesives.ipo@in.mpms.mufg.com
Market Maker: Kalpalabdhi Financials Private Limited 509, Neelkant Corporate IT Park Kirol Village, Vidya Vihar West Mumbai - 400086 Tel: +91 79777 53677 Email: compliance@kalpalabdhi.com
Impact Justification
Routine SME IPO listing with standard surveillance measures, affecting only investors interested in this specific small-cap stock