Spunweb Nonwoven shares list at 57% premium on NSE SME platform

Shares of Spunweb Nonwoven listed at a premium of 57% on the NSE SME platform on Monday. The stock debuted at Rs 151 against an issue price of Rs 96 after closing its Rs 60.98 crore IPO with massive investor interest.

The company, which manufactures spunbond nonwoven fabrics used across the hygiene, medical, agriculture, and packaging sectors, saw its issue subscribed an extraordinary 251.32 times overall — with retail investors bidding 251.84 times, non-institutional investors 364.58 times, and QIBs 165.43 times.

Anchor investors had already backed the offer with a Rs 17.31 crore commitment prior to the opening.


In terms of financials, the Rajkot-based company posted a 47% jump in revenue and nearly doubled its profit in FY25.

It serves clients across sectors including hygiene, healthcare, and industrial applications, and exports to more than 10 countries. With a scalable business model, strategic global ties, and a focus on value-added fabric solutions, Spunweb Nonwoven is now positioning itself for expansion.

While valuations appear stretched post-listing, the first-mover advantage in a niche market, high capacity utilization, and global customer base may offer long-term tailwinds for the company. All eyes will now be on its market debut and how it sustains investor expectations beyond the initial pop.

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