Allotted

Spunweb Nonwoven Ltd IPO

Spunweb Nonwoven Ltd., established in 2015, is a Rajkot-based manufacturer specializing in polypropylene spunbond nonwoven fabrics. The company operates two well-equipped production units with a combined annual capacity of over 32,000 metric tonnes. Its product range is used across sectors like hygiene, medical, packaging, agriculture, and furnishings.

RHP DRHP Anchor Investor link Check Allotment Status

Min Investment

₹2,16,000

Lot Size

2,400 Shares

Price Range

₹96.0

Issue Size (₹ Cr.)

₹60.98

IPO Type

NSE SME

Key Metrics

Face Value

₹ 10

GMP

₹ 34.0

Subscription

251.32x

EPS

₹ 4.48

P/E Ratio

21.44 x

RoNW

31.63%

ROE

31.63%

Debt to Equity (₹ Cr.)

2.11

Timeline

IPO Opened14/07/2025Monday

IPO Closed16/07/2025Wednesday

Allotted17/07/2025Thursday

Refunded18/07/2025Friday

Listing21/07/2025Monday

Strengths

Large Manufacturing Capacity Spunweb operates two production facilities in Gujarat with a combined annual capacity exceeding 32,000 metric tonnes, making it one of the leading producers of spunbond nonwoven fabric in India.
Wide Product Variety The company offers specialized nonwoven fabrics such as UV-resistant, flame-retardant, hydrophilic, and antistatic variants, catering to industries like hygiene, agriculture, medical, and packaging.
Strong Domestic and International Reach Spunweb serves over 485 customers in India and exports to more than 20 countries, including the USA, Italy, Egypt, and the UAE, ensuring a well-diversified customer base.
Consistent Financial Growth Over the past years, the company has shown steady growth in both revenue and profitability, supported by rising demand for technical fabrics and efficient operations.
Sustainable Manufacturing Practices The firm promotes eco-friendly production with a 1.53 MW rooftop solar installation and advanced technology to minimize waste and energy use.

Weaknesses

Raw Material Price Volatility The company depends heavily on polypropylene granules, which are derived from crude oil. Fluctuations in oil prices can directly impact production costs and margins.
High Customer Concentration A large portion of revenue comes from a limited number of domestic and international clients. The loss of any major customer could significantly affect earnings.
Limited Product Scope The business focuses primarily on spunbond nonwoven fabric, making it vulnerable to shifts in demand or technology within this narrow segment.
Dependence on Imports for Machinery Much of the company’s equipment is imported. Any disruption in the global supply chain or rise in import costs could affect expansion or maintenance plans.
Exposure to Regulatory and Environmental Norms Operating in the textile and polymer industry, Spunweb is subject to environmental and regulatory compliance risks, which may lead to operational delays or penalties.