Spunweb Nonwoven IPO Opens July 14; ₹61 Cr Fresh Issue

Spunweb Nonwoven Limited is getting ready to go public, a growing nonwoven textiles company based in Gujarat with strong financials and major growth potential. Spunweb Nonwoven Limited manufactures and sells products in the non-woven fabric space and serves multiple industries, including hygiene, medical, automotive, and agricultural, putting forward high-quality nonwoven solutions to the global market with a variety of applications. The price band of the IPO is ₹96-₹109 per equity share, and based on the GMP, there is going to be a listing premium of approximately 13.54%. Spunweb Nonwoven Limited IPO GMP has generated buzz with retail and institutional investors, while market watchers will be looking ahead to upcoming results from any other IPOs in the textiles space.

IPO Dates for Spunweb Nonwoven Limited

The Spunweb Nonwoven Limited IPO is scheduled to open on July 14, 2025, and close on July 16, 2025. The Board of Allotment (BoA) date is expected to be announced by July 17, 2025, with listing planned for July 21, 2025.

IPO Details Summary

Investors are closely monitoring the GMP of Spunweb Nonwoven Limited ipo, which currently shows strong demand ahead of listing. This IPO is also part of the growing Spunweb Nonwoven Limited ipo list on the BSE and NSE platforms.

About Spunweb Nonwoven Limited

Spunweb Nonwoven Limited is a progressive nonwoven textiles company based in Rajkot, Gujarat, India. It is engaged in the nonwoven fabric manufacturing sector and aspires to offer one-stop solutions for its clients in hygiene products, medical textiles, automotive applications, agricultural uses, and other industries. As a nonwoven manufacturer in the industrial heart of Gujarat, it will exploit ease of raw material availability, skilled workforce availability, and established logistics and business networks, positioning itself as a meaningful participant in India's rapidly growing nonwoven textiles market. 

Spunweb Nonwoven Limited is no longer just a textile manufacturing company, but a specialized solutions provider offering a diverse product range across multiple applications. Recognizing that it has developed capabilities in nonwoven manufacturing, with the appropriate diligence in production excellence, compliance, quality assurance, and customer service, in a demanding textiles industry resulting from historic changes in demand, advancements in technology, and variations in supply chain and demand throughout the world. The company shall draw on its experience and knowledge across all aspects of nonwoven manufacturing and will do everything possible to satisfy the growing demand and to build its presence in the specialized textiles industry.

Spunweb Nonwoven Limited is expecting to raise ₹57.89 crores through its IPO, which will be a book-building process. Proceeds from the IPO will be used for the company's expansion strategies, modernizing its manufacturing plants, and working capital for growth. Given the level of investor interest signalled by the Spunweb Nonwoven Limited IPO GMP, and with a respectable sentiment in the market overall, we have a cautiously positive outlook on investing in the organized nonwoven textiles space.

Financial Performance of Spunweb Nonwoven Limited

The company has shown strong financial performance with consistent revenue growth and improving profitability across key metrics:

Performance Analysis

Spunweb Nonwoven Limited has demonstrated robust financial growth, with assets growing from ₹93.15 Cr (Mar-23) to ₹182.76 Cr (Mar-25) and revenues growing from ₹117.68 Cr to ₹227.14 Cr. Profit after tax grew proportionally to revenue from ₹1.13 Cr to ₹10.79 Cr, and EBITDA increased threefold from ₹10.8 Cr to ₹31.23 Cr, showing efficient operations and strong cost management. Spunweb Nonwoven Limited leverages a net worth that has increased nearly twofold to ₹43.15 Cr, a strong indicator of overall financial health. There were borrowings of ₹91.16 Cr arising from the financial years ending 2023 to 2025, but these are contributing to strategic expansion efforts, which demonstrates investor confidence and the growth outlook.

IPO Share Reservation

The IPO share allocation follows standard SEBI guidelines for main board listings:

Strengths

• When comparing revenues for current quarter ≈ ₹ 227.14 crs; previous quarter ₹ 117.68 crs. Excellent growth potential with sales nearly doubling from the previous period in select markets.

• Profit after tax (PAT) was improved demonstrably to 10.79 crs versus profitable PAT of ₹ 1.13 cr. Not only are sales improving Q to Q, but operational efficiency measures are contributing significantly to shareholders.

• This absolute value (attributable to our acquisitions) represents the company acquiring valuable assets (operational capacity) in excess of our recent pre-tax capital employed, a valuable expansion opportunity. Total asset value increased from ₹108.53 crs to ₹182.76 crs.

• The company's net worth (shareholders equity; total assets less total liabilities) increased from ₹20.15 crs to ₹43.15 crs.

• Location in Gujarat with established supply chain and textile industry ecosystem support.

• Divers based application segments across hygiene, medical, automotive, and agriculture industries.

• Growing demand for nonwoven textiles segments across end-use industries.

Risks

• Our business is threatened by prices os certain raw materials upon which our business depends. Fluctuating prices of raw materials can affect our ability to manufacture consistently and sell profitably.

• There exist strong competitors with excellent brands, networks in the nonwoven textiles.

• We have a reliance on markets and customers with few segments; thus, any deterioration in demand or customer market position could impact revenues from sales.

• Rapid advance in technology requires ongoing investment in additional or improved capabilities.

• Our operations may expose us to currency fluctuations if we have any international business operations.

• The debt level has increased over the prior quarters, and we clearly need to emphasize careful debt management.

How to Apply for Spunweb Nonwoven Limited IPO?

Step-by-step guide (when IPO opens):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)
2. Navigate to the IPO section and select Spunweb Nonwoven Limited IPO
3. Click "Apply"
4. Enter:
   • Lot size (1,200 shares minimum)
   • Bid price (₹96–₹109 or select Cut-Off)
   • Your UPI ID
5. Submit the application
6. Approve the UPI mandate in your UPI app (PhonePe, GPay, etc.)

⏰ Important: The mandate must be approved before 5 PM on the same day or before the IPO closes.

How to Check Spunweb Nonwoven Limited IPO Allotment Status?

You can check the Spunweb Nonwoven Limited IPO allotment status through BSE/NSE and the registrar portal once the IPO opens.

Check on BSE/NSE

• Visit the BSE or NSE official website
• Navigate to the IPO Allotment Section
• Select Spunweb Nonwoven Limited IPO
• Enter PAN number or application number
• Submit details to get the BSE/NSE Spunweb Nonwoven Limited IPO allotment status

Check on the Registrar Portal

• Visit MUFG Intime India Private Limited's website
• Select IPO allotment status
• Choose Spunweb Nonwoven Limited IPO
• Enter PAN or application number
• Submit to check status

Company Address

Name: Spunweb Nonwoven Limited
Address: Survey No. 109(2), N.H. 27 Near Wankaner Boundary Post at Jalida, Village Rangpar, Wankaner Rajkot, Gujarat, 363621
Phone: +91-87 5894 4844
Email: cs@spunweb.in
Website: https://www.spunweb.com/

IPO Registrar

Name: MUFG Intime India Private Limited
Address: Link Intime India Private Ltd, C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: spunweb.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Conclusion

Spunweb Nonwoven Limited makes for an exciting investment opportunity given the growth in India's nonwoven textiles market and its recent strong financial performance. With great revenue growth (₹117.68 crores to ₹227.14 crores) and profit improved dramatically (₹1.13 crores to ₹10.79 crores), Spunweb's fundamentals appear sound. The IPO offering price of ₹96–₹109 with an issue size of ₹57.89 crores shows favourable momentum considering the grey market premium (GMP) of ~13.54%. 

Spunweb Nonwoven Limited is ideally positioned in Gujarat, providing the company with established textile industry infrastructure and supply chain. The company's product positioning also benefits Spunweb Nonwoven Limited with a footprint in the hygiene, medical, automotive, and agricultural sectors, which provides an opportunity for sustainable growth. The outlook for the industry as a whole continues to be positive, with increasing demand for nonwoven textiles across various industry applications.

Overall, Spunweb Nonwoven Limited's strong underlying performance and market position offer an interesting investment proposition; however, it should be remembered that, as with any investment in the textile/manufacturing sector, investors must be cognizant of industrial risks associated with raw material price volatility and competitive risks. For the moderate risk investor, Spunweb Nonwoven Limited appears to offer a solid investment opportunity in the expanding nonwoven textiles sector.

Disclaimer : This analysis is prepared for educational purposes only and should not be considered as financial advice. Investors should consult their financial advisors and conduct thorough research before making investment decisions. Investments in equity markets are subject to market risks, including volatility and sector-specific challenges.

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