Spunweb Nonwoven IPO Details
The Spunweb Nonwoven IPO is a book build issue with a total issue size of ₹60.98 cr, comprising of fresh issue of 6351600 equity shares. Spunweb Nonwoven IPO opened for subscription on Jul 14, 2025 and closed on Jul 16, 2025. Spunweb Nonwoven IPO is set price band at ₹90 to ₹96 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹230,400.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jul 17, 2025, and listed on the NSE on Jul 21, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. Vivro Financial Services Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Spunweb Nonwoven IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 90 – 96
- Lot Size
- 1200
- Issue Size
- ₹60.98 Cr
- Minimum Investment
- ₹230400 (2400 Shares)
- Listing Date
- 21 July 2025
Current GMP
₹43 (+44.79%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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
Address / Contact Info
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
Book Running Lead Managers
- Vivro Financial Services Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an 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.
The Spunweb Nonwoven IPO opens on Mon, Jul 14, 2025 and closes on Wed, Jul 16, 2025
Spunweb Nonwoven IPO Price Band is ₹90 to 96 per share.
Spunweb Nonwoven IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹230400 based on the upper price band
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.
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.
Spunweb Nonwoven IPO issue size is ₹60.98 crores.
Spunweb Nonwoven IPO allotment date is Wed, Jul 1, 2026.
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.
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 0% over the issue price.