Spunweb Nonwoven Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,006,000 (47%) | — | ₹2,886 Cr |
| NII (HNI) | — | 907,200 (14%) | — | ₹871 Cr |
| Retail | — | 2,116,800 (33%) | — | ₹2,032 Cr |
| Market Maker | — | 321,600 (5%) | — | ₹31 Cr |
| Σ Total | — | 6,351,600 (100%) | — | ₹60,975 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹115,200 |
| Retail (Max) | 13 | 15,600 | ₹1,497,600 |
| S-HNI (Min) | 14 | 16,800 | ₹1,612,800 |
| B-HNI (Min) | 67 | 80,400 | ₹7,718,400 |
Financial Statements Amount In Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 227 | 154 | 118 |
| EBITDA | 31 | 15 | 11 |
| Profit After Tax | 11 | 5 | 1 |
| Net Worth | 43 | 25 | 20 |
| Total Assets | 183 | 107 | 93 |
| Reserves & Surplus | 27 | 16 | 10 |
| Total Borrowing | 91 | 48 | 50 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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
Company Overview
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.