Spunweb Nonwoven IPO is all set to hit the capital markets with its upcoming IPO, The Company aiming to raise ₹60.98 crores through a 100% fresh issue of 63.52 lakh equity shares. This public offering is structured as a book-building issue, allowing investors to bid within a price band instead of a fixed price, offering more flexibility and transparency in pricing.
The Spunweb Nonwoven IPO will open for public subscription on July 14, 2025, and remain available for bidding until July 16, 2025. Following the closure of the bidding window, the basis of allotment is expected to be finalized by Thursday, July 17, 2025, The equity shares are expected to be listed on the NSE SME platform on Monday, July 21, 2025.
As for pricing, the IPO comes with a price band of ₹90 to ₹96 per equity share, making it accessible to a wide base of investors while maintaining a premium valuation. The lot size for this IPO has been fixed at 1,200 shares, which means retail investors must apply for a minimum of 2,400 shares, requiring an investment of approximately ₹2,16,000 at the upper price band.
For High Net-Worth Individuals (HNIs), the minimum application size begins at 3 lots (3,600 shares), which translates to a total investment of around ₹3,45,600.
This IPO is being closely tracked by market participants due to its sector potential, pricing structure, and expected SME listing benefits.
Spunweb Nonwoven IPO Details
| General | Details |
|---|---|
| IPO Date | July 14, 2025 to July 16, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹90 to ₹96 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 63,51,600 shares (aggregating up to ₹60.98 Cr) |
| Reserved for Market Maker | 3,21,600 shares (aggregating up to ₹3.09 Cr) |
| Net Offered to Public | 60,30,000 shares (aggregating up to ₹57.89 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,77,51,809 shares |
| Share Holding Post Issue | 2,41,03,409 shares |
Spunweb Nonwoven IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,30,400 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,30,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,45,600 |
| S-HNI (Max) | 8 | 9,600 | ₹9,21,600 |
| B-HNI (Min) | 9 | 10,800 | ₹10,36,800 |
Category Reservation Detail Table
| Application Category | Bidding Limits |
|---|---|
| Only Individual investor (retail) | 2 lots |
| Only sNII | 3 lots – 8 lots |
| Only bNII | 9 lots and above |
Spunweb Nonwoven IPO Timeline
| IPO Timeline | Dates |
|---|---|
| IPO Open Date | Mon, Jul 14, 2025 |
| IPO Close Date | Wed, Jul 16, 2025 |
| Tentative Allotment | Thu, Jul 17, 2025 |
| Initiation of Refunds | Fri, Jul 18, 2025 |
| Credit of Shares to Demat | Fri, Jul 18, 2025 |
| Tentative Listing Date | Mon, Jul 21, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 16, 2025 |
Spunweb Nonwoven IPO Anchor Investors Details
| IPO Anchor Investors Details | Dates |
|---|---|
| Bid Date | July 11, 2025 |
| Shares Offered | 0 |
| Anchor Portion Size (In Cr.) | 0.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 16, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 15, 2025 |
Spunweb Nonwoven IPO Promoter Holding
The Promoters of the Company are Jay Dilipbhai Kagathara and Kishan Dilipbhai Kagathara.
| IPO Promoter Holding | IN (%) |
|---|---|
| Share Holding Pre Issue | 88.50% |
| Share Holding Post Issue |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About Spunweb Nonwoven IPO
Spunweb Nonwoven IPO belongs to a company incorporated in 2015 and based in Rajkot, Gujarat. The company is engaged in manufacturing and supplying spunbond nonwoven fabrics, widely used in making doormats, bags, carpets, and tarpaulins. Known for its robust quality control system, the company ensures precision through testing, inspection, and analysis processes.
The company owns state-of-the-art facilities, including Universal Tensile Testing and Rewet Properties Testing machines, making its quality assurance system one of the best in the industry. Spunweb Nonwoven IPO gains attention due to its focus on export markets, covering regions such as North America, Europe, and the Middle East.
Over two-thirds of the company’s revenue comes from the hygiene sector, while the rest is contributed by industries such as medical, packaging, agriculture, and construction. Its clientele includes reputed names like Millennium Babycares, Sekhani Industries, Myra Hygiene, Rotech Healthcare, and Salus Products, which indicates strong B2B relationships.
Spunweb Nonwoven IPO further strengthens its profile by exporting to countries like the USA, UAE, Italy, Egypt, Saudi Arabia, Sri Lanka, and more. It currently employs 199 people and operates from a single but well-equipped manufacturing facility in Gujarat, reflecting its efficient, centralized production strategy.
The company stands out for being one of the largest spunbond nonwoven fabric producers in India. It provides custom manufacturing solutions, designed to suit specific industries and regions. Spunweb Nonwoven IPO may appeal to investors due to its advanced cleanroom technology, strong order book, and experienced promoters backed by a professional management team.
Read More
Product Portfolio:
- Hydrophobic Fabric
- Hydrophilic Fabric
- UV-Treated Fabric
- Laminated Nonwoven
- Medical-Grade Nonwoven
Spunweb Nonwoven IPO Competitive Strength
One of the key strengths of Spunweb Nonwoven IPO lies in its position as one of the largest manufacturers of spunbond nonwoven fabrics in India. The company has developed a strong niche by offering tailor-made nonwoven solutions that cater to industry-specific requirements across hygiene, medical, packaging, and agriculture sectors.
The company’s long-standing relationships with reputed clients across India and international markets demonstrate its ability to consistently meet quality standards and bulk demands. This trust is further backed by its use of advanced spunbond technology integrated with cleanroom processes, ensuring superior hygiene standards in production.
Another major strength of Spunweb Nonwoven IPO is its experienced leadership team, including its promoters and operational management. Their in-depth industry knowledge and execution capabilities allow the company to scale quickly, respond to global trends, and maintain a stable supply chain.
By investing in continuous innovation, efficient machinery, and quality assurance, the company has positioned itself as a reliable supplier of high-grade nonwoven fabrics not just in India but across North America, Europe, and the Middle East.
Company Financials
Spunweb Nonwoven Limited Financial Information
Spunweb Nonwoven Limited’s revenue increased by 47% and profit after tax (PAT) rose by 98% between the financial year ending with March 31, 2025 and March 31, 2024.
| Category | Year 2025 | Year 2024 | Year 2023 |
|---|---|---|---|
| Period Ended | 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 |
| EBITDA | 31.23 | 15.01 | 10.80 |
| Net Worth | 43.15 | 25.09 | 20.15 |
| Reserves and Surplus | 27.30 | 15.77 | 10.33 |
| Total Borrowing | 91.16 | 48.33 | 49.50 |
| Amount in ₹ Crore | |||
Spunweb Nonwoven IPO Key Performance Indicator (KPI)
| KPI | Values |
|---|---|
| ROE | 31.63% |
| ROCE | 33.66% |
| Debt/Equity | 2.11 |
| RoNW | 31.63% |
| PAT Margin | 4.75% |
| EBITDA Margin | 13.75% |
| Price to Book Value | 3.95 |
Spunweb Nonwoven IPO Objects of the Issue
The Company Spunweb Nonwoven IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Million) |
|---|---|---|
| 1 | Funding the working capital requirements of the company | 290 |
| 2 | Investment in the wholly owned subsidiary, SIPL, for funding its working capital requirements | 100 |
| 3 | Repayment, in full or in part, of certain borrowings availed by the company | 80 |
| 4 | General Coporate Purposes |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.08 | 4.48 |
| P/E (x) | 15.79 | 21.44 |
- Note:
- Pre-IPO EPS is based on the pre-issue shareholding as per the RHP and FY 2024–25 earnings (till March 31, 2025).
- Post-IPO EPS is calculated using post-issue shareholding and annualized earnings for FY 2024–25, as mentioned in the RHP.
Spunweb Nonwoven IPO Pros & Cons
Pros:
- One of India’s largest spunbond nonwoven fabric manufacturers.
- Strong presence in export markets – USA, Europe, Middle East.
- Diverse client base including top hygiene and healthcare brands.
- Products cater to high-growth sectors: hygiene, medical, packaging, agriculture, and construction.
- Advanced quality control and testing infrastructure.
- Experienced promoters and professional management team.
- Manufacturing facility in Rajkot, Gujarat, with modern technology.
- Long-standing B2B relationships across industries and geographies.
Cons:
- High revenue dependence on the hygiene sector (over two-thirds).
- Operates in a competitive and fragmented market.
- SME listing – carries lower liquidity and higher risk compared to mainboard.
- Fluctuations in raw material prices (polypropylene) may affect margins.
- International exposure brings currency and geopolitical risks.
- Any slowdown in healthcare or hygiene demand may impact growth.
Spunweb Nonwoven Limited Contact Details
Spunweb Nonwoven Limited 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/
Spunweb Nonwoven IPO Registrar
- MUFG Intime India Private Limited (Link Intime)
- Phone: +91-22-4918 6270
- Email: spunweb.ipo@linkintime.co.in
- Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Close Date: July 16, 2025
Allotment Date: July 17, 2025
Listing Date: July 21, 2025
Discover more from
Subscribe to get the latest posts sent to your email.
Pingback: These 3 IPOs Gave Big Returns! Did You Apply? Check Your Profit Now!