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Spunweb Nonwoven IPO
Price Band
₹90.0–96.0
Issue Size
₹60.98 Cr
Lot Size
1,200 shares
Min Investment
₹230,400
2 LOTS MIN
GMP
+₹43.0 (44.79%)
Issue Price
₹96.0
Subject to Sauda
₹39200
Paid only if allotted
Spunweb Nonwoven IPO AI Summary
- Spunweb Nonwoven IPO is listed on NSE SME in the Other Textile Products sector.
- Price band: ₹90.0–₹96.0 per share, lot size 1,200 shares (min. investment ₹230,400, 2 lots minimum).
- Subscription window: 14 Jul–16 Jul 2025, listing on 21 Jul 2025.
- Current GMP is +₹43.0 (44.79%), an estimated listing price of ₹139 — unofficial and can change daily.
Spunweb Nonwoven Limited is positioned as a key player in the non-woven fabric industry, with a solid growth trajectory in revenue and profitability. The IPO aims to support its working capital and expansion plans, making it an interesting option for investors looking at the textile sector.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Spunweb Nonwoven IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 16 Jul 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Spunweb Nonwoven IPO Grey Market Premium (GMP) Today
GMP
+₹43.0
GMP %
+44.79%
Est. Listing
₹139.0
Updated: 25 Jul 2026 14:14
About the Company
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.
Company Financials (₹ Cr)
As of 2025-03-31
| 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 |
Key Ratios
EPS
₹6.08
NAV
₹24.31
ROE
31.63%
ROCE
33.66%
RoNW
31.63%
P/B Value
3.95
P/E Ratio
15.79
Market Cap
₹231.39 Cr
PAT Margin
4.75%
Debt/Equity
2.11
Promoters
Jay Dilipbhai Kagathara and Kishan Dilipbhai Kagathara
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ 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
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹117.68 Cr in the year ending 31 Mar 2023, rising to ₹154.24 Cr by 31 Mar 2024, and further increasing to ₹227.14 Cr by 31 Mar 2025. This shows a consistent growth in revenue over the three periods.
Profit Trend
Profit After Tax (PAT) was ₹1.13 Cr for the year ending 31 Mar 2023, increasing to ₹5.44 Cr by 31 Mar 2024, and further rising to ₹10.79 Cr by 31 Mar 2025. This indicates a strong upward trend in profitability across the periods.
Valuation
At the issue price of ₹96.0, the company's implied P/E ratio is approximately 15.79, which is in line with the industry standards.
Grey Market Premium, Explained
Grey market premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. It indicates the expected listing price of an IPO based on demand in the grey market. A higher GMP suggests strong demand, while a lower GMP may indicate weaker interest.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors who are risk-averse or prefer stable returns may want to avoid this IPO, especially if they are not comfortable with the inherent uncertainties of investing in newly listed companies.
IPO Timeline, Explained
The IPO opens on 14 July 2025 and closes on 16 July 2025. Allotment of shares will be done by 17 July 2025, and the shares are expected to be listed on the stock exchange by 21 July 2025.
Listing Gains — The Risk
Listing gains are the profits made when shares are sold on the listing day at a price higher than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the stock.
This evaluation is generated from Spunweb Nonwoven's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Spunweb Nonwoven IPO GMP today?
Spunweb Nonwoven IPO GMP today is +₹43.0 (44.79%), indicating an estimated listing price of ₹139. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Spunweb Nonwoven IPO?
The price band of Spunweb Nonwoven IPO is ₹90.0–₹96.0 per share.
When does Spunweb Nonwoven IPO open and close?
Spunweb Nonwoven IPO opens on 14 July 2025 and closes on 16 July 2025.
When does Spunweb Nonwoven IPO list on the stock exchange?
Spunweb Nonwoven IPO listed on 21 July 2025 at ₹139.0.
What is the lot size for Spunweb Nonwoven IPO?
The lot size for Spunweb Nonwoven IPO is 1200 shares, requiring a minimum investment of ₹230,400 (2 lots).
What is the price band for the IPO?
The price band for the IPO is ₹90.0 to ₹96.0.
What is the minimum investment required?
The minimum investment required is ₹230,400.
What is the lot size for this IPO?
The lot size for this IPO is 1200 shares.
When does the IPO open and close?
The IPO opens on 14 July 2025 and closes on 16 July 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
14 Jul 2025
Close
16 Jul 2025
Allotment
17 Jul 2025
Listing
21 Jul 2025
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