| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹60.98 Cr |
| Reserved for Market Maker | ₹3.09 Cr |
| Net Issue Size | ₹60.98 Cr |
| Fresh Issue | ₹57.89 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน90.00-96.00 per share |
| NSE Code | SPUNWEB |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,400 shares ยท Multiples of 1,200 shares
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 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 Corporate Purposes | 8.14 |
| 5 | Issue Expenses | 5.83 |
| Total | 60.98 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 182.76 | 106.58 | 93.15 |
| Total Income | 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 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 31.63% |
| ROCE | 33.66% |
| Debt / Equity | 2.11% |
| RoNW | 31.63% |
| PAT Margin | 4.75% |
| EBITDA Margin | 13.75% |
| Price to Book Value | 3.95 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.08 | 4.48 |
| P/E (x) | 15.79 | 21.44 |
| Promoter Holding | 88.5% | 65.18% |
| Market Cap | โน231.39 Cr. | |