Spunweb Nonwoven came to market through an SME IPO that opened on 14 July 2025 and closed on 16 July 2025, and the shares listed on 21 July 2025 on NSE SME. The price band was ₹90 to ₹96 per share and one lot was 1200 shares, so the minimum application was ₹1,15,200. The issue size was ₹60.98 crore. The whole issue was fresh shares, so the money raised went to the company.
MUFG Intime India Private Limited (Link Intime) was the registrar to the issue, and Vivro Financial Services Private Limited was the lead manager.
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Established in 2015, Spunweb Nonwoven Limited is a manufacturer and seller of non-woven fabric, which is most commonly used for products such as doormats, bags, carpets, and tarpaulins. They are also known for their quality control system, involving testing, inspection, and analysis to deliver high-quality products.
The company produces nonwoven fabric, laminated nonwoven, and UV-treated nonwoven.The company has advanced testing facilities, which consist of Universal Tensile Testing and Rewet Properties Testing.The firm supplies its products to Europe, North America, and the Middle East. Over two-thirds of its income comes from the application of the fabric in the hygiene market, with the rest of its income coming from usages in the medical, packaging, agricultural, and building sectors.
The clients of the company are 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, and many more.The products of the company have been exported to nations including the United States of America, United Arab Emirates, Italy, Egypt, Saudi Arabia, Sri Lanka, Nepal, Kenya and Nigeria.The company's manufacturing unit is located in Rajkot, Gujarat.
Product Portfolio: Hydrophobic Fabric, Hydrophilic Fabric and UV-Treated Fabric. As on May 31, 2025, the number of employees with the company's business was 199.
As described in the offer document.
| Metric | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
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Jay Dilipbhai Kagathara, Kishan Dilipbhai Kagathara.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Spunweb Nonwoven IPO was a ₹60.98 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹90–₹96 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,30,400). The IPO was open from July 14 to July 16, 2025. Shares listed on NSE SME on July 21, 2025 at ₹151, a 57.3% premium to the issue price of ₹96. MUFG Intime India Private Limited (Link Intime) is the registrar.
Vivro Financial Services Private Limited is the book running lead manager.
The price band of Spunweb Nonwoven IPO is ₹90 to ₹96 per share.
The lot size of Spunweb Nonwoven IPO is 1200 shares.
The minimum investment for Spunweb Nonwoven IPO is approximately ₹1,15,200 based on the upper price band.
The allotment date of Spunweb Nonwoven IPO is Jul 17, 2025.
Spunweb Nonwoven IPO's final recorded GMP before listing was ₹38 per share (a 40% premium over the ₹96 upper price band). The shares listed at ₹151. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Spunweb Nonwoven IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Spunweb Nonwoven IPO allotment status on Rupix for quick and easy access.
₹90 to ₹96 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,15,200. After listing, SME shares also trade in lots rather than one share at a time.
₹1,15,200, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 14 July 2025 and closed on 16 July 2025.
The basis of allotment was published on 17 July 2025 by MUFG Intime India Private Limited (Link Intime), and allotted shares were credited to demat accounts before listing.
The shares listed on 21 July 2025 on NSE SME.
The issue size was ₹60.98 crore. The fresh issue was 63,51,600 shares (aggregating up to ₹60.98 crore).