Spunweb Nonwoven IPO
GMP, Subscription, Price, Dates & Financial Details
Founded in 2015, Spunweb Nonwoven Limited is a leading Indian manufacturer and supplier of nonwoven fabrics. Its products are widely used in applications such as doormats, bags, carpets, and tarpaulins. The company is known for its robust quality control system, which includes comprehensive…
Open Date
Mon, 14 Jul 2025
Close Date
Wed, 16 Jul 2025
Price Band
₹ 90 – 96
Lot Size
1200
Issue Size
₹ 60.98 Cr
Minimum Investment
₹ 230,400 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Spunweb Nonwoven IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹60.98 Crore, comprising a fresh issue of 63.52 Lakh equity shares aggregating to ₹60.98 Crore.
The Spunweb Nonwoven IPO remained open for subscription from July 14, 2025, to July 16, 2025. The basis of allotment was finalized on July 17, 2025, and the company's shares were listed on NSE SME Platform on July 21, 2025.
The company had fixed the price band at ₹90 to ₹96 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹230,400 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Vivro Financial Services Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Spunweb Nonwoven Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Spunweb Nonwoven IPO Timeline (Tentative)
- IPO Open Date
- Mon, 14 Jul 25
- IPO Close Date
- Wed, 16 Jul 25
- Basis of Allotment
- Thu, 17 Jul 25
- Initiation of Refunds
- Fri, 18 Jul 25
- Credit of Shares to Demat
- Fri, 18 Jul 25
- Listing Date
- Mon, 21 Jul 25 — NSE & BSE
Open Date
14 July 2025
Close Date
16 July 2025
Basis Of Allotment
17 July 2025
Listing Date
21 July 2025
IPO Subscription
Check Live Subscription →The Spunweb Nonwoven IPO has received bids for 52,97,01,600 shares against 21,16,200 shares offered, resulting in an overall subscription of 250.31x. the NII category is subscribed 364.94x, and QIBs 164.69x. Within the NII category, BNII is subscribed 0x, while SNII is subscribed 0x.
QIB
164.69x
NII
364.94x
BNII
0x
SNII
0x
Total
250.31x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 21,10,500 shares, representing 49.94% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 12,11,400 shares (28.65%), while Non-Institutional Investors (NIIs) receive 9,04,800 shares (21.41%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 1,211,400 | 28.65% |
| Non-Institutional | 904,800 | 21.41% |
| Retail Investors | 2,110,500 | 49.94% |
| Total | 4,226,400 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 182.76 | 106.58 | 93.15 |
| Revenue | 227.14 | 154.24 | 117.68 |
| Profit After Tax | 10.79 | 5.44 | 1.13 |
| Net Worth | 43.15 | 25.09 | 20.15 |
| Reserve & Surplus | 27.3 | 15.77 | 10.33 |
| Total Borrowings | 91.16 | 48.33 | 49.5 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Spunweb Nonwoven Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 31.63 |
| ROCE % | 33.66 |
| Debt / Equity | 2.11 |
| RoNW % | 31.63 |
| Pat Margin % | 4.75 |
Peers Comparison
No Peer Comparision Available
About Spunweb Nonwoven Limited
Founded in 2015, Spunweb Nonwoven Limited is a leading Indian manufacturer and supplier of nonwoven fabrics. Its products are widely used in applications such as doormats, bags, carpets, and tarpaulins. The company is known for its robust quality control system, which includes comprehensive testing, inspection, and analysis processes to maintain product excellence.
Spunweb specializes in producing spunbond nonwoven fabrics, including laminated and UV-treated variants. The company operates advanced testing facilities, featuring equipment like Universal Tensile Testing machines and Rewet Properties Testing systems.
Product Portfolio
- Hydrophobic Fabric
- Hydrophilic Fabric
- UV-Treated Fabric
- Super Soft, Antistatic, and Flame-Retardant (FR) Treated Fabrics
These fabrics are offered in widths of 1.6m, 2.6m, and 3.2m, with a GSM range from 7 to 150.
Manufacturing & Operations
The company operates two state-of-the-art manufacturing units in Rajkot, Gujarat, with five production lines. Along with its wholly owned subsidiary, Spunweb India (SIPL), the group has a total installed production capacity of 32,640 MTPA as of FY24.
Spunweb serves more than 485 domestic and 20 international customers, primarily across the hygiene, healthcare, packaging, agriculture, and construction sectors.
Export Footprint
Spunweb exports to various global markets, including:
- North America: United States
- Europe: Italy
- Middle East & Africa: United Arab Emirates, Saudi Arabia, Egypt, Kenya, Nigeria
- South Asia: Sri Lanka, Nepal
Key Clients
- RGI Meditech Pvt. Ltd.
- Millennium Babycares Ltd.
- Sekhani Industries Pvt. Ltd.
- Myra Hygiene Products Pvt. Ltd.
- Rotech Healthcare Pvt. Ltd.
- Poligof Micro Hygiene (India) Pvt. Ltd.
- Salus Products Pvt. Ltd.
- Kwalitex Healthcare Pvt. Ltd.
- JDS Nonwoven, Vyom Nonwoven, among others
Sustainability Initiatives
Sustainability is central to Spunweb’s operations. The company operates rooftop solar installations with capacities of 1.1 MW and 0.43 MW, meeting 11.77% and 6.45% of the energy needs of the parent company and SIPL, respectively.
Capacity Utilization (FY25)
- Domestic: 73.24%
- International: 67.21%
Workforce
As of March 31, 2025, the company employed 199 people.
Competitive Strengths
- One of India’s largest manufacturers of spunbond nonwoven fabrics
- Customized manufacturing for industry-specific applications
- Long-term relationships with clients across diverse sectors and geographies
- Advanced manufacturing with spunbond and cleanroom technologies
- Led by experienced promoters and a capable management team
Spunweb Nonwoven IPO Promoters
- Jay Dilipbhai Kagathara
- Kishan Dilipbhai Kagathara
Promoters Holding
Holding Pre Issue
88.50%
Holding Post Issue
0.00%
Spunweb Nonwoven IPO Objective
The Company Spunweb Nonwoven IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the working capital requirements of the company
- Investment in the wholly owned subsidiary, SIPL, for funding its working capital requirements
- Repayment, in full or in part, of certain borrowings availed by the company
- General Coporate Purposes
Spunweb Nonwoven Limited Address / Contact Details
Spunweb Nonwoven Limited
Survey No.109(2), N.H. 27
Near Wankaner Boundry Post at Jalida,
Village Rangpar, Wankaner
Rajkot, Gujarat, 363621
Phone: +91-87 5894 4844
Email: cs@spunweb.in
Website: https://www.spunweb.com/
IPO Snapshot
Spunweb Nonwoven IPO Lot Size
The Spunweb Nonwoven IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,30,400 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,30,400.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 230,400.00 |
| Retail (Max) | 2 | 2,400 | 230,400.00 |
| S-HNI (Min) | 3 | 3,600 | 345,600.00 |
| S-HNI (Max) | 8 | 9,600 | 921,600.00 |
| B-HNI (Min) | 9 | 10,800 | 1,036,800.00 |
Issue Reservation
- QIB — 28.65%
- NII — 21.41%
- RII — 49.94%
Book Running Lead Managers
- Vivro Financial Services Private Limited
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Spunweb Nonwoven IPO?
Spunweb Nonwoven IPO is a Book-building IPO with a total issue size of ₹60.98 crore. The Spunweb Nonwoven IPO price band is ₹90 to 96 per share. The Spunweb Nonwoven IPO subscription opens on Mon, Jul 14, 2025, and closes on Wed, Jul 16, 2025. The Spunweb Nonwoven IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Spunweb Nonwoven IPO.
When will the Spunweb Nonwoven IPO open for subscription?
The Spunweb Nonwoven IPO opens on Mon, Jul 14, 2025 and closes on Wed, Jul 16, 2025
What is Spunweb Nonwoven IPO Price Band?
Spunweb Nonwoven IPO Price Band is ₹90 to 96 per share.
What is Spunweb Nonwoven IPO Lot Size?
Spunweb Nonwoven IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹230400 based on the upper price band
What is the minimum investment for Spunweb Nonwoven IPO?
The minimum investment for Spunweb Nonwoven IPO is ₹230400, based on one lot of 1200 shares at the upper price band of ₹96 per share.
How to apply for Spunweb Nonwoven IPO?
Investors can apply for the Spunweb Nonwoven IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Jul 16, 2025. The application amount remains blocked until the Spunweb Nonwoven IPO allotment is finalized.
What is Spunweb Nonwoven IPO Issue Size?
Spunweb Nonwoven IPO issue size is ₹60.98 crores.
What is the Spunweb Nonwoven IPO Allotment Date?
Spunweb Nonwoven IPO allotment date is Thu, Jul 17, 2025.
Who is the Spunweb Nonwoven IPO Registrar?
The registrar for Spunweb Nonwoven IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Spunweb Nonwoven IPO allotment status, refund processing, and other IPO-related information.
What is the Spunweb Nonwoven IPO GMP?
The Spunweb Nonwoven IPO GMP (Grey Market Premium) is ₹43 as of Mon, Jul 21, 2025. Based on the upper price band of ₹96 per share, the estimated Spunweb Nonwoven IPO listing price is ₹139, indicating a potential listing gain of approximately 44.79% over the issue price.
Who is the Spunweb Nonwoven IPO Lead Manager?
The book-running lead managers (BRLMs) for the Spunweb Nonwoven IPO are Vivro Financial Services Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Spunweb Nonwoven IPO Red Herring Prospectus (RHP).