Bookbuilding IPO | ₹61 Cr | Listed at NSE SME | Mon, Jul 14, 2025 - Wed, Jul 16, 2025
Spunweb Nonwoven IPO is a book build issue of ₹60.98 crores. The issue is entirely a fresh issue of 0.64 crore shares of ₹60.98 crore.
Spunweb Nonwoven IPO bidding started from Jul 14, 2025 and ended on Jul 16, 2025. The allotment for Spunweb Nonwoven IPO was finalized on Jul 17, 2025. The shares got listed on NSE SME on Jul 21, 2025.
Spunweb Nonwoven IPO price band is set at ₹96 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,30,400 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,45,600.
Vivro Financial Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Rikhav Securities Ltd..
Refer to Spunweb Nonwoven IPO RHP for detailed Information.
IPO Open
Mon, Jul 14, 2025
IPO Close
Wed, Jul 16, 2025
Issue Price
₹96 per share
Market Cap (Pre-IPO)
₹231.39 Cr
| IPO Date | 14 to 16 Jul, 2025 |
| Listed on | Mon, Jul 21, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹90 to ₹96 |
| Issue Price | ₹96 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 63,51,600 shares (agg. up to ₹61 Cr) |
| Reserved for Market Maker | 3,21,600 shares Rikhav Securities Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 60,30,000 shares (agg. up to ₹58 Cr) |
| Net Offered to Public | 60,30,000 shares (agg. up to ₹58 Cr) |
| Share Holding Pre Issue | 1,77,51,809 shares |
| Share Holding Post Issue | 2,41,03,409 shares |
| NSE Symbol | SPUNWEB |
| ISIN | INE19QH01010 |
Spunweb Nonwoven IPO comprises a total issue size of 63,51,600 shares. The net offer to the public is 60,30,000 shares, after excluding 3,21,600 shares allotted on a firm basis. Of the Net offer 30,06,000 (49.85%) are allocated to QIB, 9,07,200 (15.04%) allocated to NII 21,16,800 (35.10%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 30,06,000 | 49.85% | 47.33% |
| − Anchor Investor Shares Offered | 18,03,600 | 28.40% | |
| − QIB (Ex. Anchor) Shares Offered | 12,02,400 | 18.93% | |
| NII (HNI) Shares Offered | 9,07,200 | 15.04% | 14.28% |
| − bNII > ₹10L | 6,04,800 | 9.52% | |
| − sNII < ₹10L | 3,02,400 | 4.76% | |
| Retail Shares Offered | 21,16,800 | 35.10% | 33.33% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,21,600 | 5.06% | |
| Total Shares Offered | 63,51,600 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| 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 |
Spunweb Nonwoven IPO raises ₹17.31 crore from anchor investors. Spunweb Nonwoven IPO Anchor bid date is July 11, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Jul 11, 2025 |
| Shares Offered | 18,03,600 |
| Anchor Portion (₹ Cr.) | 17.31 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Aug 16, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Oct 15, 2025 |
Incorporated in 2015, Spunweb Nonwoven Limited is a manufacturer and supplier of non-woven fabrics, primarily used for applications like doormats, bags, carpets, and tarpaulins. They are recognized for their quality control system, which includes testing, inspection, and analysis to ensure high-quality products.
The company manufactures nonwoven fabric, laminated, and UV-treated nonwoven fabric.
The company operates state-of-the-art testing facilities, which include Universal Tensile Testing and Rewet Properties Testing.
The company exports its products to North America, Europe, and the Middle East. More than two-thirds of its revenue is generated from the demand for fabric in the hygiene sector, while the remaining portion is derived from applications in the medical, packaging, agriculture, and construction industries.
The company's clients include 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, Vyom Nonwoven, among others.
The company has exported its products to countries such as the United States of America, United Arab Emirates, Italy, Egypt, Saudi Arabia, Sri Lanka, Nepal, Kenya and Nigeria.
The company has a manufacturing facility situated in Rajkot, Gujarat.
Product Portfolio: Hydrophobic Fabric, Hydrophilic Fabric and UV-Treated Fabric.
As of May 31, 2025, the company had 199 employees.
Competitive Strength:
Spunweb Nonwoven Ltd.'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.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 182.76 | 106.58 | 93.15 |
| Total Income | 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 | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the company | 29.00 |
| 2 | Investment in the wholly owned subsidiary, SIPL, for funding its working capital requirements | 10.00 |
| 3 | Repayment, in full or in part, of certain borrowings availed by the company | 8.00 |
| 4 | General Coporate Purposes | 8.14 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.08 | 4.48 |
| P/E (x) | 15.79 | 21.44 |
| Promoter Holding | 88.5% | 65.18% |
| Market Cap | ₹231.39 Cr. |
The Spunweb Nonwoven IPO is subscribed 251.32 times on July 16, 2025 6:19:59 PM (Day 3). The public issue subscribed 251.84 times in the individual investors category, 165.43 times in the QIB category, and 364.58 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 165.43 | 12,06,000 | 19,95,03,600 | 125 |
| NII* | 364.58 | 9,04,800 | 32,98,76,400 | 35,945 |
| Individual Investors | 251.84 | 21,10,800 | 53,15,78,400 | 2,21,491 |
| Total | 251.32 | 42,21,600 | 1,06,09,58,400 | 2,57,561 |
Total Application : 2,57,561
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to BRLM and commission (including selling commission, brokerage and underwriting commission) | 4.36 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Issue and bidding/uploading charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.18 |
| 3 | Fees payable to the Registrar to the Issue | 0.01 |
| 4 | Listing fees, SEBI filing fees, NSE processing fees and other regulatory expenses | 0.12 |
| 5 | Printing and stationery expenses | 0.05 |
| 6 | Advertising and marketing expenses | 0.44 |
| 7 | Fees payable to legal counsel | 0.12 |
| 8 | Miscellaneous (including brokerage and selling commission and bidding charges of members of the syndicate, marketing and selling expenses, fees payable to auditors, market maker, consultants, market research firms and other professional agencies, stamp duty charges and other miscellaneous expenses) | 0.57 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹96.00 |
| Open | ₹151.00 |
| Low | ₹151.00 |
| High | ₹158.55 |
| Last Trade | ₹158.55 |
Lead Manager Reports
Spunweb Nonwoven IPO is a SME IPO of 63,51,600 equity shares of the face value of ₹10 aggregating up to ₹61 Crores. The issue is priced at ₹96 per share. The minimum order quantity is 1200.
The IPO opens on Mon, Jul 14, 2025, and closes on Wed, Jul 16, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Spunweb Nonwoven IPO using UPI as a payment gateway. Zerodha customers can apply in Spunweb Nonwoven IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Spunweb Nonwoven IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Spunweb Nonwoven IPO opens on Mon, Jul 14, 2025 and closes on Wed, Jul 16, 2025.
Spunweb Nonwoven IPO lot size is 1200, and the minimum amount required for application is ₹2,30,400, with 2 lots being the minimum application size.
You can apply in Spunweb Nonwoven IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Spunweb Nonwoven IPO will be done on Thursday, July 17, 2025, and the allotted shares will be credited to your demat account by Fri, Jul 18, 2025. Check the Spunweb Nonwoven IPO allotment status.
The Spunweb Nonwoven IPO listing date is on Mon, Jul 21, 2025.
