Spunweb Nonwoven IPO

Spunweb Nonwoven Limited, based in Rajkot, Gujarat, specialises in manufacturing and supplying non-woven fabrics used in doormats, bags, carpets, and tarpaulins. Their offerings include hydrophobic, hydrophilic, laminated, and UV-treated fabrics. Known for advanced testing systems like Universal Tensile and Rewet Properties Testing, the company ensures consistent quality. Spunweb exports to North America, Europe, and the Middle East, with major revenue coming from the hygiene sector. It also caters to medical, packaging, agriculture, and construction industries, serving clients like RGI Meditech, Myra Hygiene, and Kwalitex Healthcare. As of May 31, 2025, it employed 199 people.

Spunweb Nonwoven Ltd IPO Overview

Spunweb Nonwoven Limited is launching a ₹60.98 crore book-built IPO, entirely comprising a fresh issue of 63.52 lakh equity shares. The IPO will open for subscription on July 14, 2025, and close on July 16, 2025. Allotment is expected to be finalised on July 17, with listing scheduled on the NSE SME platform on July 21, 2025. The price band is set between ₹90 to ₹96 per share, and the lot size is 1,200 shares. Retail investors must apply for a minimum of 2,400 shares (₹2,16,000), while the minimum investment for HNIs is 3 lots (3,600 shares) worth ₹3,45,600. Vivro Financial Services Private Limited is acting as the book-running lead manager, with Link Intime serving as the registrar. Rikhav Securities Limited will function as the market maker for the issue.

Spunweb Nonwoven Limited IPO Details

Particulars	Details
IPO Date	14 July 2025 to 16 July 2025
Listing Date	21 July 2025
Face Value	₹10 per share
Issue Price Band	₹90 to ₹96 per share
Lot Size	1,200 Shares
Total Issue Size	63,51,600 shares (₹60.98 Cr)
Fresh Issue	63,51,600 shares (₹60.98 Cr)
Offer for Sale	NA
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
Market Maker Portion	3,21,600 shares (₹3.09 Cr)

Spunweb Nonwoven Ltd. IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 50% of the Net Issue
Retail	Not less than 35% of the Net Issue
NII (HNI)	Not less than 15% of the Net Issue

Spunweb Nonwoven Ltd. IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min & 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 Ltd. IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	88.50%
Post-Issue	TBD

Spunweb Nonwoven Ltd. IPO Valuation Overview

KPI	Value
EPS (Pre/Post)	₹6.08 / ₹4.48
P/E Ratio (Pre/Post)	15.79 / 21.44
Return on Net Worth (RoNW)	31.63%
Return on Equity	31.63%
Return on Capital Employed	33.66%
EBITDA Margin	13.75%
PAT Margin	4.75%
Debt to Equity Ratio	2.11
Price to Book Value	3.95

Objectives of the Proceeds

• Working capital needs of Spunweb – ₹29 Crores

• Working capital for subsidiary SIPL – ₹10 Crores

• Partial loan repayment – ₹8 Crores

• General corporate purposes – Remaining funds

Key Financials (₹ in Crores)

Particulars	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
Reserves & Surplus	27.30	15.77	10.33
Total Borrowings	91.16	48.33	49.50