July 7, 2025
admin
What is the latest news of Spunweb Nonwoven IPO?
The company will enter the market on 14th July 2025.
What is the business of Spunweb Nonwoven IPO?
Spunweb Nonwoven Limited: A Trusted Innovator in Nonwoven Fabric Solutions
Established in 2015, Spunweb Nonwoven Limited has rapidly emerged as a leading manufacturer and exporter of high-quality nonwoven fabrics. Headquartered in Rajkot, Gujarat, the company specializes in producing hydrophobic, hydrophilic, laminated, and UV-treated fabrics that cater to a diverse range of applications—from doormats and carry bags to carpets, tarpaulins, and hygiene products.
What sets Spunweb apart is its commitment to rigorous quality control, backed by in-house state-of-the-art testing labs. The company utilizes advanced systems like Universal Tensile Testing and Rewet Properties Testing to ensure every roll of fabric meets global standards.
With a robust export network spanning the USA, UAE, Italy, Egypt, Saudi Arabia, Kenya, and more, Spunweb derives over two-thirds of its revenue from the hygiene sector. The remaining demand flows from the medical, packaging, agriculture, and construction industries.
The client base includes reputed names such as RGI Meditech, Millennium Babycares, Sekhani Industries, Myra Hygiene, and Poligof Micro Hygiene, highlighting Spunweb’s credibility and industry standing.
Whether it’s high-performance hygiene fabrics or durable construction-grade material, Spunweb Nonwoven Limited continues to deliver innovation, quality, and global reach. As of May 31, 2025, the company employs a skilled team of 199 professionals, driving its vision for excellence.
Spunweb Nonwoven IPO Details
|
Sector: |
|
| IPO opens on | 14 July 2025 |
| IPO closes on | 16 July 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 63,51,600 Shares / Rs 60.98 Crore |
| * Fresh Issue | – |
| * Offer for Sale – | – |
| Market Maker Portion | 321,600 Shares |
| Net offer to Public | 60,30,000 Shares Rs.57.89 Crores |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 90-96 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1200 Shares |
| Listing will at | BSE SME |
| Investor Category | Shares Offered | % | Rs. in Cr. |
| Market Maker | 321600 | 3.09 | |
| QIB Shares | 3015000 | 28.94 | |
| NII (HNI) | 904500 | 8.68 | |
| Retail | 2110500 | 20.26 | |
| Total | 6351600 | 100 | 60.98 |
| Application | Lots | Shares | Amount, Rs. |
| Retail (Min) | 2 | 2400 | 230400 |
| Retail (Max) | 2 | 2400 | 230400 |
| HNI (Min) | 3 | 3600 | 345600 |
Who are the Promoters of Spunweb Nonwoven IPO?
The Promoters of the Company are Jay Dilipbhai Kagathara and Kishan Dilipbhai Kagathara. Prior to the IPO, the promoters held 88.50 % of the equity capital.
What are the Objects of Spunweb Nonwoven IPO?
The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects
1.Funding the working capital requirements of the company Rs. 29 Cr.
2.Investment in the wholly owned subsidiary, SIPL, for funding its working capital requirements Rs. 10 Cr.
3.Repayment, in full or in part, of certain borrowings availed by the company Rs. 8 Cr.
4.General Coporate Purposes
Spunweb Nonwoven IPO Timetable
Tentative timetable |
|
| IPO opens on | 14 July 2025 |
| IPO Closes on | 16 July 2025 |
| IPO Allotment on | 17 July 2025 |
| Refund Initiation | 18 July 2025 |
| Credit of Shares | 18 July 2025 |
| Listing on | 21 July 2025 |
| Registered Office of the Company Spunweb Nonwoven Limited Survey No.109(2), N.H. 27 Near Wankaner Boundry Post at Jalida, Village Rangpar, Wankaner Rajkot, Gujarat, 363621 |
| Lead Manager of this IPO Vivro Financial Services Pvt Ltd |
| Who is the Registrar to the IPO? Mufg Intime India Pvt ltd |
Spunweb Nonwoven IPO IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Spunweb Nonwoven IPO Financials
| Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
| 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 | 10.8 |
| Net Worth | 43.15 | 25.09 | 20.15 |
| Reserves and Surplus | 27.3 | 15.77 | 10.33 |
| Total Borrowing | 91.16 | 48.33 | 49.5 |
| Amount in Rs. Crore | |||
Performance Indicators
| KPI | Values |
| ROE | 31.63% |
| ROCE | 33.66% |
| Debt/Equity | 2.11 |
| RoNW | 31.63% |
| PAT Margin | 4.75% |
| EBITDA Margin | 13.75% |
| EPS Rs. | 6.28 |
| PE Ratio | 15.28 |
How Spunweb Nonwoven IPO compares with the Peers?
There is no listed company having similar line of business.
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Spunweb Nonwoven IPO Review by Paresh Gordhandas, CA & Research Analyst.
Established in 2015, Spunweb Nonwoven Limited has rapidly emerged as a leading manufacturer and exporter of high-quality nonwoven fabrics. Headquartered in Rajkot, Gujarat, the company specializes in producing hydrophobic, hydrophilic, laminated, and UV-treated fabrics that cater to a diverse range of applications—from doormats and carry bags to carpets, tarpaulins, and hygiene products.
With a robust export network spanning the USA, UAE, Italy, Egypt, Saudi Arabia, Kenya, and more, Spunweb derives over two-thirds of its revenue from the hygiene sector.
The client base includes reputed names such as RGI Meditech, Millennium Babycares, Sekhani Industries, Myra Hygiene, and Poligof Micro Hygiene, highlighting Spunweb’s credibility and industry standing.
During last 3 years the company has exhibited strong growth in its total revenue and the net profits. The shares have been offered at reasonable valuation.
-
Fundamental Perspective: May apply
-
Grey Market Sentiment: [Pending]
Quicklinks
