Spunweb Nonwoven Lists at ₹151 on NSE EMERGE, Delivers 65% Premium Over IPO Price

Mumbai, 21 July 2025: Spunweb Nonwoven Limited marked an impressive debut on the NSE EMERGE platform today, listing at ₹151 per share, registering a 57.29% premium over its issue price of ₹96. Investor enthusiasm drove the stock to a high of ₹158.55, where it remained locked in the 5% upper circuit, reflecting robust demand and strong market sentiment.

Market Debut Sees Significant Traction

Spunweb’s first trading day saw significant traction from the outset. The listing price of ₹151 already marked a sharp gain, but momentum pushed the share price to ₹158.55 within minutes of trading. With no sell orders and over 21.24 lakh buy orders logged in early trade, demand far outstripped supply, signalling confidence from both institutional and retail investors.

Listing Performance Backed by Over-Subscription

The IPO had witnessed a record 233.35 times subscription, among the highest in the SME segment this year. This overwhelming response from retail, high-net-worth, and institutional investors helped create the strong listing momentum seen today.

Listing Summary:

• Issue Price: ₹96
• Listing Price: ₹151
• Day High: ₹158.55
• Day Low: ₹151.00
• Last Traded Price (10:07 AM): ₹158.55
• Volume Traded: 23.94 lakh shares
• Turnover: ₹36.75 crore
• Market Cap: ₹382.16 crore
• Gain Over Issue Price: +65.16%

Demand-Supply Imbalance Points to Bullish Sentiment Ahead

The stock’s trading pattern indicated a strong mismatch in supply and demand. The top bid was recorded at ₹158.55 for 18.18 lakh shares, while sell orders remained absent in the order book, suggesting long-term holding interest and potential upside in the near term.

Company’s Fundamentals Underpin the Market Response

Spunweb Nonwoven Limited is engaged in the production of polypropylene spunbond nonwoven fabrics used across hygiene, medical, agriculture, and packaging industries. With two fully operational plants in Gujarat and a total installed capacity of 32,640 MT, the company has positioned itself as a global supplier. It serves over 485 domestic clients and exports to more than 20 countries, including the USA, UAE, Italy, and Egypt. Its diverse portfolio includes hydrophobic, hydrophilic, UV-treated, flame-retardant, antistatic, and super-soft variants, with widths ranging from 1.6m to 3.2m and GSM from 7 to 150.

Investors Eye Future Price Action After Record Debut

Following this exceptional listing, investors and analysts will now monitor how the stock performs in the coming sessions. Key metrics such as delivery volumes and institutional activity will be closely watched. Given the company’s strong fundamentals, broad export footprint, and continued demand from core sectors, Spunweb Nonwoven could maintain its upward momentum in the short to medium term.

REF: https://www.nseindia.com/get-quotes/equity?symbol=SPUNWEB

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