SPEB Adhesives Limited is a specialized manufacturer of synthetic rubber adhesives offering an extensive range of adhesive solutions catering to industries such as construction, woodworking, upholstery, footwear, and HVAC. Originally established as a partnership firm in Maharashtra, it transitioned into a private limited company and later became a public limited company with its current name registered in January 2025. The company operates out of its manufacturing unit located in Taloja, Raigad district, Maharashtra, with a daily production capacity of 12,000 liters.
SPEB Adhesives provides both solvent-based and water-based adhesive solutions. The solvent-based offerings specialize in polychloroprene-based and SBS (styrene-butadiene-styrene) adhesives, known for their superior bonding strength and durability, making them suitable for a wide range of applications. Its product portfolio, including multipurpose adhesives like SPEB-7, is tailored to address specific industry requirements. The company operates on a B2B model, serving industries such as hardware, foam and furnishing, HVAC ducting, woodworking, footwear, and generator set manufacturing through three major business channels: dealer-distributor networks, industrial sales, and government supply contracts.
SPEB Adhesives Limited is currently planning an Initial Public Offering (IPO) to raise funds for growth and expansion. The IPO involves 62,00,000 equity shares, including a fresh issue of 50,00,000 equity shares and an offer for sale of 12,00,000 equity shares, with a face value of Rs 10 per share. This move is expected to help the company strengthen its financial position and increase its market reach.
Potential investors interested in the adhesives industry may view SPEB Adhesives Limited as a promising player, given its specialized products, established manufacturing capacity, diverse industry focus, and strategic distribution channels. Its upcoming IPO offers an opportunity to participate in the company’s growth trajectory.
