Spunweb Nonwoven NSE SME

Spunweb Nonwoven SME: Check IPO Date, Live Subscription and Key Details

Spunweb India manufactures polypropylene spunbond nonwoven fabrics, which are used in industries like hygiene, healthcare, packaging, agriculture, and others. Its product portfolio includes hydrophobic nonwoven fabric, hydrophilic nonwoven fabric, super soft nonwoven fabric, UV treated fabric, antistatic nonwoven fabric, and FR treated fabric, available in various widths and GSM. These products are supplied to hygiene product manufacturers (diapers, sanitary pads), health product manufacturers (face masks, PPE kits), packaging product manufacturers (shopping bags), and agricultural product manufacturers (fruit covers, crop covers).

Min Investment
115200
Price Range
₹90.00-96.00
Issue Size
₹57.89 Cr
IPO Type
NSE SME

Key Metrics

Check Live GMP

Face Value
10
EPS
4.48
P/E Ratio
21.44
RoNW
31.63%
ROE
31.63%
Debt to Equity
2.11

Timeline

IPO Opens

14 Jul

IPO Closes

16 Jul

Allotment

17 Jul

Listing

21 Jul

IPO Objectives

  • Funding the working capital requirements of the company (₹290 Million)
  • Investment in the wholly-owned subsidiary, SIPL, for funding its working capital requirements (₹100 Million)
  • Repayment, in full or in part, of certain borrowings availed by the company (₹80 Million)
  • General Corporate Purposes.

Strengths

  • One of the largest manufacturers of spunbond nonwoven fabrics in India, with an installed capacity of 32,640 MT in FY2024.
  • Offers customized spunbond nonwoven fabric manufacturing for industry-specific needs.
  • Has long-standing associations with diverse consumers across different industries and geographies, including domestic and international markets.
  • Utilizes advanced spunbond technology with cleanroom technology for a high-quality and hygienic manufacturing process.
  • Benefits from experienced promoters and a strong management team.

Weaknesses

    Financial Performance

    Period Ended31 Mar 202531 Mar 202431 Mar 2023
    Assets (₹ Cr.)182.76106.5893.15
    Revenue (₹ Cr.)227.14154.24117.68
    PAT (₹ Cr.)10.795.441.13
    Net Worth (₹ Cr.)43.1525.0920.15

    Peer Comparison

    CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)

    Subscription Details

    Daily Bids Status

    DateDay 1Day 2Day 3
    QIB0.00x1.66x165.43x
    NII8.08x53.05x364.49x
    RII13.42x67.35x251.24x
    Total8.44x45.52x251.00x

    Overall Subscription Statistics

    CategoryShares OfferedShares BidBid Amount (₹ Cr)
    QIB12,06,00019,95,03,6001,915.23
    NII9,04,80032,97,94,8003,166.03
    RII21,10,80053,03,23,2005,091.10
    Total42,21,6001,05,96,21,60010,172.37

    Company Details

    • 402, 4th Floor, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, Rajkot, Gujarat-110034, India
    • +91-87 5894 4844
    • cs@spunweb.in
    • https://www.spunweb.com/

    Registrar Details