Spunweb Nonwoven Limited
Bookbuilding IPO · NSE
- Price band
- ₹90 - ₹96
- Lot size
- 1,200 shares
- Issue amount
- ₹60.98 cr
- Total subscription
- 233.35×
- Opens
- 14 Jul 2025
- Closes
- 16 Jul 2025
- Allotment
- 17 Jul 2025
- Listing
- 21 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 63,51,600 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,08,000
- Fresh issue
- ₹60.98 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,15,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,77,51,809
- Shares after issue
- 2,41,03,409
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,30,400 |
| sHNI | 3 | 3,600 | ₹3,45,600 |
| bHNI | 9 | 10,800 | ₹10,36,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs (10L+) | 168 | 18,158 |
| HNIs (3-10L) | 84 | 17,787 |
| RETAIL | 879 | 2,21,491 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 11.58 | 1,915.23 |
| RETAIL | 20.26 | 5,103.15 |
| NIB | 8.69 | 3,169.9 |
| HNIs 2+ | 2.9 | 701.03 |
| HNIs 10+ | 5.79 | 2,468.87 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 0 | 0 | 0 |
| ROE | 31.63 | 24.06 | 5.79 |
| ROCE | 33.66 | 11.55 | 7.3 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Spunweb Nonwoven Limited, incorporated in 2015, is engaged in the manufacturing and supply of non-woven fabrics primarily used in products such as doormats, bags, carpets, and tarpaulins. The company is known for its strong focus on quality control, employing systems for testing, inspection, and analysis to ensure product excellence. Its product offerings include standard nonwoven fabric, laminated variants, and UV-treated nonwoven fabric. The company operates advanced testing facilities equipped with Universal Tensile Testing and Rewet Properties Testing systems to maintain high standards. Spunweb exports its products to markets in North America, Europe, and the Middle East. A significant portion of its revenue—over two-thirds—comes from the hygiene sector, while the remainder is driven by applications in the medical, packaging, agriculture, and construction industries. The company serves a wide range of clients including RGI Meditech Private Limited, Millenium Babycares Limited, Sekhani Industries Private Limited, Myra Hygiene Products Private Limited, Rotech Healthcare Private Limited, Poligof Micro Hygiene (India) Private Limited, Salus Products Private Limited, Kwalitex Healthcare Private Limited, JDS Nonwoven, and Vyom Nonwoven, among others. Its export destinations include countries such as the United States, United Arab Emirates, Italy, Egypt, Saudi Arabia, Sri Lanka, Nepal, Kenya, and Nigeria. The manufacturing operations are based in Rajkot, Gujarat. The company's product portfolio consists of hydrophobic fabric, hydrophilic fabric, and UV-treated fabric. As of May 31, 2025, Spunweb Nonwoven Limited employed a total of 199 individuals.
Strengths
- Leading Spunbond Fabric Manufacturer in India: 32,640 MT capacity with five advanced production lines for high efficiency and quality.
- Wide Range of Custom Fabric Solutions: Provides PP spunbond fabrics for healthcare, hygiene, agriculture, packaging, and construction.
- Trusted by Domestic & Global Clients: Works with 485+ Indian and 20+ international customers, ensuring steady orders and market stability.
Risk factors
- Low Capacity Utilization: Current usage at 73.24% and 67.21% may limit future growth and profits.
- High Working Capital Needs: Business depends on large working capital; shortage may disrupt operations and impact finances.
- Tough Market Competition: Faces strong competition from local and global players, putting pressure on prices and margins.
Promoters
Jay Dilipbhai Kagathara
Kishan Dilipbhai Kagathara
Registrar & documents
Lead manager
Vivro Financial Services Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Survey No.109(2), N.H. 27 Near Wankaner Boundry Post at Jalida, Village Rangpar, Wankaner Rajkot, Gujarat, 363621
+91-87 5894 4844
[email protected]Company website ↗Understanding SPUNWEB IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.