Spunweb Nonwoven Limited
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₹43(44.79%)
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Spunweb Nonwoven Limited's successfully completed its Initial Public Offering and commenced trading on Jul 21, 2025 at the NSE exchange. The company raised 63,51,600 Shares through this public offering, comprising 63,51,600 Shares in fresh capital.
The IPO was priced within the band of ₹90 to ₹96, with minimum application lots of 1200 shares. The offering attracted significant investor interest during its subscription period from Jul 14, 2025 to Jul 16, 2025.
Share allotment was finalized on Jul 17, 2025, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Spunweb Nonwoven Limited, incorporated in 2015, is engaged in the manufacturing and supply of non-woven fabrics primarily used in products such as doormats, bags, carpets, and tarpaulins. The company is known for its strong focus on quality control, employing systems for testing, inspection, and analysis to ensure product excellence. Its product offerings include standard nonwoven fabric, laminated variants, and UV-treated nonwoven fabric. The company operates advanced testing facilities equipped with Universal Tensile Testing and Rewet Properties Testing systems to maintain high standards. Spunweb exports its products to markets in North America, Europe, and the Middle East. A significant portion of its revenue—over two-thirds—comes from the hygiene sector, while the remainder is driven by applications in the medical, packaging, agriculture, and construction industries. The company serves a wide range of clients including 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, and Vyom Nonwoven, among others. Its export destinations include countries such as the United States, United Arab Emirates, Italy, Egypt, Saudi Arabia, Sri Lanka, Nepal, Kenya, and Nigeria. The manufacturing operations are based in Rajkot, Gujarat. The company's product portfolio consists of hydrophobic fabric, hydrophilic fabric, and UV-treated fabric. As of May 31, 2025, Spunweb Nonwoven Limited employed a total of 199 individuals.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Leading Spunbond Fabric Manufacturer in India: 32,640 MT capacity with five advanced production lines for high efficiency and quality.
- Wide Range of Custom Fabric Solutions: Provides PP spunbond fabrics for healthcare, hygiene, agriculture, packaging, and construction.
- Trusted by Domestic & Global Clients: Works with 485+ Indian and 20+ international customers, ensuring steady orders and market stability.
- Low Capacity Utilization: Current usage at 73.24% and 67.21% may limit future growth and profits.
- High Working Capital Needs: Business depends on large working capital; shortage may disrupt operations and impact finances.
- Tough Market Competition: Faces strong competition from local and global players, putting pressure on prices and margins.
- Jay Dilipbhai Kagathara
- Kishan Dilipbhai Kagathara
Spunweb Nonwoven Limited
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