Speb Adhesives IPO to open Dec 1 as investors await first grey market signals

Speb Adhesives’ SME IPO opens on December 1 and aims to raise ₹33.73 crore, with a price band set between ₹52 and ₹56. The minimum lot size is 4,000 shares. Grey market activity has not yet begun, with GMP, Kostak and Subject to Sauda rates still unavailable. Investors are monitoring early demand trends as the issue approaches, given heightened interest in recent small-cap manufacturing listings.