Spunweb Nonwoven IPO Day 3: Issue Subscribed 139x so far, GMP at 44%
Spunweb Nonwoven Limited launched its Initial Public Offering (IPO) for public subscription on July 14, 2025. The bidding window for the Spunweb Nonwoven IPO closes today, on July 16, 2025.
The allotment process for Spunweb Nonwoven IPO is expected to be finalised on Thursday, July 17, 2025 ,with the company’s shares to be listed on NSE. The tentative listing date is expected to be July 21, 2025.
Read along to know the Spunweb Nonwoven IPO Day 3 subscription status and latest GMP.
Spunweb Nonwoven IPO Details
The SME offering opened its bidding window on July 14, 2025, with an issue size of ₹60.98 crores. It is a bookbuilding IPO consisting entirely of a fresh issue of 63.52 lakh shares. The minimum lot size for application is 1200 shares, and the minimum investment amount is ₹1,08,000 per lot. However, the minimum investment for retail investors is ₹2,16,000 (2,400 shares). The issue price band is set between ₹90 and ₹96.
Vivro Financial Services Private Limited is the book-running lead manager of the Spunweb Nonwoven IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue. The market maker for the IPO is Rikhav Securities Limited.
Spunweb Nonwoven IPO Day 3 Subscription Status
(July 16, 2025, 13:29 PM)
On Day 3, the Spunweb Nonwoven IPO was subscribed 139.98 times. The public issue was subscribed 168.74 times in the individual investors category, 33.60 times in QIB, and 214.68 times in the NII category.
|
IPO Day (EOD) |
Subscription Status |
|||
|
QIB |
NII |
Individual Investors |
Total |
|
|
Day 1 |
0.00 |
8.08 |
13.42 |
8.44 |
|
Day 2 |
1.66 |
53.05 |
67.35 |
45.52 |
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Utilisation of IPO Proceeds
The Company will utilise the net proceeds from the issue for the following purposes:
- Funding the working capital requirements of the company.
- Investment in the wholly owned subsidiary, SIPL, for funding its working capital requirements.
- Repayment, in full or in part, of certain borrowings availed by the company.
- General Corporate Purposes.
Spunweb Nonwoven Ltd. GMP Details
According to NDTV Profit, the Grey Market Premium (GMP) of Spunweb Nonwoven was ₹43 as of July 16, 2025, 13:00 p.m. If the current GMP trend continues, the company's shares are likely to be listed at ₹139, indicating a premium of 44.79% against the upper price band when the company gets listed.
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Source: NDTV Profit Media Report dated July 16, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Spunweb Nonwoven Ltd. Business Overview
Spunweb Nonwoven Limited, established in 2015 and based in Rajkot, Gujarat, is a leading manufacturer of polypropylene spunbond nonwoven fabrics used across hygiene, healthcare, packaging, agriculture, construction, and industrial applications.
In FY 2025, the company reported a revenue of ₹227 Cr, which was 47% higher than FY 2024’s ₹154 Cr and a net profit of ₹10.79 Cr, nearly double the previous year’s net profit of ₹5.44 Cr.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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