Archive · 1 Dec 2025
Speb Adhesives and Clear Secured IPOs See Tepid Demand
Two companies, Speb Adhesives and Clear Secured Services, recently started selling shares to the public to raise money.
Speb Adhesives makes special glues and wants to build a new factory.
Clear Secured offers services like cleaning and security.
On the first day, not many people bought their shares.
Speb Adhesives' shares were sold at their set price, while Clear Secured's shares were a bit more expensive in a secret market.
Both companies hope to use the money for growing their businesses and paying off debts.
Speb Adhesives IPO saw 6% subscription on Day 1, with retail and NII portions subscribed 9% and 8% respectively.
Clear Secured IPO had a tepid response with 0.07 times subscription, retail at 0.04 times, and NIIs at 0.22 times.
Speb Adhesives' IPO aims to raise ₹33.73 crore, with proceeds used for a new manufacturing plant and general corporate purposes.
Clear Secured's IPO seeks to raise ₹85.60 crore for equipment purchase, debt repayment, and working capital.
Clear Secured shares are trading at a ₹10 premium in the grey market, indicating a potential 8% listing gain.
- Who
- Speb Adhesives and Clear Secured Services
- What
- Initial Public Offerings (IPOs) with tepid demand on Day 1
- When
- December 1, 2025
- Where
- India
- Why
- To raise funds for business expansion and corporate purposes
- Speb Adhesives IPO
- ₹33.73 crore
- Speb Adhesives IPO Price Band
- ₹52 to ₹56 per share
- Speb Adhesives IPO Subscription
- 6% on Day 1
- Clear Secured IPO
- ₹85.60 crore
- Clear Secured IPO Price Band
- ₹125 to ₹132 per share
- Clear Secured IPO Subscription
- 0.07 times on Day 1
- Clear Secured IPO GMP
- ₹10
- Speb Adhesives GMP
- ₹0
Sources
Clear Secured IPO day 1: GMP, subscription status, price band, other details of NSE SME IPO
Speb Adhesives IPO sees tepid demand on Day 1, issue subscribed 6% so far. Check GMP, key details, more
December’s Big IPO Buzz: GMP for Meesho, Aequs, Vidya Wires shoot past 37% ahead of IPO launch
