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Back Office| Spunweb Nonwoven Ltd |
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| Registered Office: Survey.No.109(2) N.H.27, Village Rangpar Rajkot, Wankaner - 363621, Gujarat |
| Phone: 1 |
| Email: 1 |
| Website: 1 |
| Initial public issue of upto 63,51,600 equity shares of face value of Rs.10/- each of Spunweb Nonwoven Limited (formerly known as Spunweb Nonwoven Private Limited), ("Spunweb" or the "Company" or the "Issuer") for cash at a price of Rs. 96 /- per equity share including a share premium of Rs. 86/- per equity share (the "Issue Price") aggregating to Rs.60.98 crores ("the Issue"), of which 3,21,600 equity shares of face value of Rs.10/- each for cash at a price of Rs. 96/- per equity share including a share premium of Rs. 86/- per equity share aggregating to Rs.3.09 crores was reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 60,30,000 equity shares of face value of Rs.10/- each at a price of Rs. 96 /- per equity share including a share premium of Rs. 86 /- per equity share aggregating to Rs.57.89 crores is hereinafter referred to as the "Net Issue". the issue and the net issue constituted 26.35% and 25.02%, respectively, of the post issue paid up equity share capital of ther company. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 14-Jul-2025 | 16-Jul-2025 | 96.00 - 0.00 | 0.00 - 0.00 |
| Cr. | Lead Managers to the Issue |
|---|---|
| Project Cost | 55.14 |
| Project Financed through Current Offer | 60.98 |
| Post Issue Equity Share Capital | 24.10 |
| Issue Price | 96.00 |
| Projects |
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| Funding the working capital requirements of the company |
| Investment in its 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 |
| Promoted By |
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| Jay Dilipbhai Kagathara |
| Kishan Dilipbhai Kagathara |
| Dilipbhai Hansrajbhai Kagathar |
| NSE - SME |
| Registrar to the Issue |
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| MUFG Intime India Pvt Ltd |