IPO Details
Bidding Dates
14 Jul 25 - 16 Jul 25
Lot Size
1200
Price Range ₹
90 - 96
Exchange Status
NSE
Total Equity
₹ 60.98Cr
IPO Doc
IPO Timeline
Offer start
14 Jul 2025
Offer end
16 Jul 2025
Allotment
17 Jul 2025
Refund initiation
18 Jul 2025
Demat transfer
18 Jul 2025
Listing
21 Jul 2025
Offer start
14 Jul 2025
Offer end
16 Jul 2025
Allotment
17 Jul 2025
Refund initiation
18 Jul 2025
Demat transfer
18 Jul 2025
Listing
21 Jul 2025
About Company
Spunweb Nonwoven Limited, established in 2015, is a leading Indian manufacturer of spunbond nonwoven fabrics used in hygiene products, medical applications, packaging, agriculture, and construction. Headquartered in Rajkot, Gujarat, the company offers a diverse product portfolio including hydrophobic, hydrophilic, laminated, and UV-treated fabrics. Known for its strong quality control systems and advanced manufacturing technologies like cleanroom and spunbond lines, Spunweb supplies to prominent clients such as Millenium Babycares, Poligof, and RGI Meditech. More than two-thirds of its revenue is derived from the hygiene sector, with the remaining portion from other industrial applications. The company exports to regions including North America, Europe, and the Middle East, and has established a strong international footprint in countries like the USA, Italy, Saudi Arabia, and Kenya. With a workforce of 199 employees as of May 2025, Spunweb benefits from experienced promoters, long-standing customer relationships, and a tailored, industry-focused approach to nonwoven fabric manufacturing.
Year Founded
06-08-2015
Promotor Details
Jay Dilipbhai Kagathara
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 88.5 | 0 |
| Share Capital | 15709489 | 0 |
Offer to Public
63,51,600.00 Cr
Project Details
- Investment in our wholly owned subsidiary, SIPL, for funding its working capital requirements - 100cr
- Funding the working capital requirements of our Company - 290cr
- Repayment, in full or in part, of certain borrowings availed by our Company - 80cr
Objectives
- Funding the working capital requirements of our Company
- Investment in our wholly owned subsidiary, SIPL, for funding its working capital requirements
- Repayment, in full or in part, of certain borrowings availed by our Company
- andGeneral Corporate Purposes.
Highlights
- Among the largest spunbond nonwoven fabric manufacturers in India with sector-specific production lines.
- Caters to multiple industries including hygiene, medical, packaging, agriculture, and construction.
- Uses advanced cleanroom and spunbond technology for high-quality, hygiene-focused manufacturing.
- Strong export presence across North America, Europe, and the Middle East.
- Led by experienced promoters and a capable management team with a track record of consistent growth.
Challenges
- High dependence on a few key customers poses a revenue concentration risk.
- Operations rely on suppliers without long-term contracts, which could disrupt material availability.
- Capacity underutilization may limit profitability and scalability.
- Working capital limitations could impact operations and expansion plans.
- Significant exposure to the domestic market makes it vulnerable to local economic changes.
