Spunweb Nonwoven IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jul 14 to Jul 16 2025
Price Band
₹96
Current GMP
₹129(57.31%)
Subscription
251.32 times
IPO Details
| IPO Date | July 14, 2025 to July 16, 2025 |
| Listing Date | July 21, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹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)Rikhav Securities Limited |
| 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 |
IPO Date
July 14, 2025 to July 16, 2025
Listing Date
July 21, 2025
Face Value
₹10 per share
Issue Price
₹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)Rikhav Securities Limited
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
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 165.43 |
| Non-Institutional Buyers*** | 364.58 |
| Individual Investors (IND category bidding for 2 Lots) | 251.84 |
| Total ** | 251.32 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
165.43
Non-Institutional Buyers***
364.58
Individual Investors (IND category bidding for 2 Lots)
251.84
Total **
251.32
Day Wise Sub
| Day | QIB | NII* | Individual Investors | Total |
|---|---|---|---|---|
| Day 1 Jul 14, 2025 | 0.00 | 8.08 | 13.42 | 8.44 |
| Day 2 Jul 15, 2025 | 1.66 | 53.05 | 67.35 | 45.52 |
| Day 3 Jul 16, 2025 | 165.43 | 364.58 | 251.84 | 251.32 |
DayDay 1
Jul 14, 2025
QIB0.00
NII*8.08
Individual Investors13.42
Total8.44
DayDay 2
Jul 15, 2025
QIB1.66
NII*53.05
Individual Investors67.35
Total45.52
DayDay 3
Jul 16, 2025
QIB165.43
NII*364.58
Individual Investors251.84
Total251.32
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 21-07-2025 | 96.00 | 43(44.79%) | 139 |
| 20-07-2025 | 96.00 | 43(44.79%) | 139 |
| 19-07-2025 | 96.00 | 43(44.79%) | 139 |
| 18-07-2025 | 96.00 | 43(44.79%) | 139 |
| 17-07-2025 | 96.00 | 43(44.79%) | 139 |
| 16-07-2025 | 96.00 | 34(35.42%) | 130 |
| 15-07-2025 | 96.00 | 42(43.75%) | 138 |
| 14-07-2025 | 96.00 | 42(43.75%) | 138 |
| 13-07-2025 | 96.00 | 35(36.46%) | 131 |
| 12-07-2025 | 96.00 | 35(36.46%) | 131 |
| 11-07-2025 | 96.00 | 22(22.92%) | 118 |
| 10-07-2025 | 96.00 | 16(16.67%) | 112 |
| 09-07-2025 | 96.00 | 6(6.25%) | 102 |
| 08-07-2025 | 96.00 | 0(0.00%) | 96 |
| 07-07-2025 | 96.00 | 0(0.00%) | 96 |
| 06-07-2025 | 0(0.00%) | (0.00%) | |
| 05-07-2025 | 0(%) | (%) |
Date21-07-2025
Price96.00
GMP43(44.79%)
Estimate List Price139
Date20-07-2025
Price96.00
GMP43(44.79%)
Estimate List Price139
Date19-07-2025
Price96.00
GMP43(44.79%)
Estimate List Price139
Date18-07-2025
Price96.00
GMP43(44.79%)
Estimate List Price139
Date17-07-2025
Price96.00
GMP43(44.79%)
Estimate List Price139
Date16-07-2025
Price96.00
GMP34(35.42%)
Estimate List Price130
Date15-07-2025
Price96.00
GMP42(43.75%)
Estimate List Price138
Date14-07-2025
Price96.00
GMP42(43.75%)
Estimate List Price138
Date13-07-2025
Price96.00
GMP35(36.46%)
Estimate List Price131
Date12-07-2025
Price96.00
GMP35(36.46%)
Estimate List Price131
Date11-07-2025
Price96.00
GMP22(22.92%)
Estimate List Price118
Date10-07-2025
Price96.00
GMP16(16.67%)
Estimate List Price112
Date09-07-2025
Price96.00
GMP6(6.25%)
Estimate List Price102
Date08-07-2025
Price96.00
GMP0(0.00%)
Estimate List Price96
Date07-07-2025
Price96.00
GMP0(0.00%)
Estimate List Price96
Date06-07-2025
Price
GMP0(0.00%)
Estimate List Price(0.00%)
Date05-07-2025
Price
GMP0(%)
Estimate List Price(%)
IPO Important 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 |
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
IPO Lot Size
| 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 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares2,400
Amount₹2,30,400
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares2,400
Amount₹2,30,400
ApplicationS-HNI (Min)
Lots3
Shares3,600
Amount₹3,45,600
ApplicationS-HNI (Max)
Lots8
Shares9,600
Amount₹9,21,600
ApplicationB-HNI (Min)
Lots9
Shares10,800
Amount₹10,36,800
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 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 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 2025182.76
31 Mar 2024106.58
31 Mar 202393.15
Period EndedRevenue
31 Mar 2025227.14
31 Mar 2024154.24
31 Mar 2023117.68
Period EndedProfit After Tax
31 Mar 202510.79
31 Mar 20245.44
31 Mar 20231.13
Period EndedEBITDA
31 Mar 202531.23
31 Mar 202415.01
31 Mar 202310.80
Period EndedNet Worth
31 Mar 202543.15
31 Mar 202425.09
31 Mar 202320.15
Period EndedReserves and Surplus
31 Mar 202527.30
31 Mar 202415.77
31 Mar 202310.33
Period EndedTotal Borrowing
31 Mar 202591.16
31 Mar 202448.33
31 Mar 202349.50
IPO Reservation
| Market Maker Shares Offered | 3,21,600 (5.07%) |
| QIB Shares Offered | 30,09,600 (47.42%) |
| − Anchor Investor Shares Offered | 18,03,600 (28.42%) |
| − QIB (Ex. Anchor) Shares Offered | 12,06,000 (19.00%) |
| NII (HNI) Shares Offered | 9,04,800 (14.26%) |
| Retail Shares Offered | 21,10,800 (33.26%) |
| Total Shares Offered | 63,46,800 (100.00%) |
Market Maker Shares Offered
3,21,600 (5.07%)
QIB Shares Offered
30,09,600 (47.42%)
− Anchor Investor Shares Offered
18,03,600 (28.42%)
− QIB (Ex. Anchor) Shares Offered
12,06,000 (19.00%)
NII (HNI) Shares Offered
9,04,800 (14.26%)
Retail Shares Offered
21,10,800 (33.26%)
Total Shares Offered
63,46,800 (100.00%)
Information about company
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:
One of the largest manufacturers of spunbond nonwoven fabrics in India
Tailored spunbond nonwoven fabric manufacturing for industry specific needs.
A long-standing association with different consumers in diverse industries and geographies.
Advanced spunbond technology along with cleanroom technology for the manufacturing process.
Experienced Promoters supported by a strong management and execution team.
Objectives of IPO
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
Disclaimer
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