Latest news with #SpunwebNonwovenIPO
News18
17-07-2025
- Business
- News18
Spunweb Nonwoven IPO GMP: SME Issue Opens Today, Gets 8.40x Subscription On Day 1
Last Updated: Spunweb Nonwoven IPO GMP, Subsricpition Today: The GMP of the Spunweb Nonwoven IPO currently stands at 36.46%, indicating strong listing gains. Spunweb Nonwoven IPO GMP Today: The initial public offering of Spunweb Nonwoven Ltd opened today, Monday, July 14. The price band of the NSE SME IPO, which aims to raise Rs 60.98 crore, has been fixed in the range of Rs 90 to Rs 96. On the first day of bidding on Monday, the issue received an 8.40 times subscription, garnering bids for 3,54,80,400 shares as against the 42,21,600 shares on offer. The retail and NII participation stood at 13.36x and 8.06x, respectively. The IPO's grey market premium currently stands at 36.46%, indicating strong listing gains. The three-day IPO will be closed on July 16. Spunweb Nonwoven Ltd, founded in 2015, manufactures and exports nonwoven fabrics used in hygiene, medical, packaging, agriculture, and construction sectors, with a strong focus on quality and advanced testing systems. Spunweb Nonwoven IPO GMP Today According to market observers, unlisted shares of Spunweb Nonwoven Ltd are currently trading at Rs 131 against its upper IPO price of Rs 96. It means a grey market premium or GMP of Rs 35, which is 36.46% over its issue price, indicating strong listing. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The price band of the SME IPO has been fixed in the range of Rs 90 to Rs 96 apiece. Its minimum lot size is 1,200. It means investors will have to apply for a minimum of 1,200 shares or in multiple thereof. Retail investors require a minimum capital of Rs 2,16,000 to apply for the IPO. The basis of allotment of the Spunweb Nonwoven IPO will be finalised on July 17. Its shares will be listed on the NSE Emerge, July 21. The IPO, which is a bookbuilding of Rs 60.98 crore, is entirely a fresh issue of 63.52 lakh shares. Spunweb Nonwoven Ltd's revenue increased 47% and its profit after tax (PAT) rose 98% between the financial year ending with March 31, 2025 and March 31, 2024. 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 market maker for Spunweb Nonwoven IPO is Rikhav Securities Limited. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
16-07-2025
- Business
- News18
Spunweb Nonwoven IPO GMP: SME Issue Gets Over 47x Subscription So Far, To Close Today
Last Updated: The GMP of the Spunweb Nonwoven IPO currently stands at 43.75%, indicating strong listing gains. Spunweb Nonwoven IPO GMP Today: The initial public offering of Spunweb Nonwoven Ltd is going to be closed today, Wednesday, July 16. The price band of the NSE SME IPO, which aims to raise Rs 60.98 crore, has been fixed in the range of Rs 90 to Rs 96. Till 10:00 am on the final day of bidding on Wednesday, the issue received a 47.02 times subscription, garnering bids for 19,85,11,200 shares as against the 42,21,600 shares on offer. The retail and NII participation stood at 70.17x and 53.48x, respectively. The QIB category received a 1.66x subscription. The IPO's grey market premium currently stands at 43.75%, indicating strong listing gains. The three-day IPO was opened on July 14. Spunweb Nonwoven Ltd, founded in 2015, manufactures and exports nonwoven fabrics used in hygiene, medical, packaging, agriculture, and construction sectors, with a strong focus on quality and advanced testing systems. Spunweb Nonwoven IPO GMP Today According to market observers, unlisted shares of Spunweb Nonwoven Ltd are currently trading at Rs 138 against its upper IPO price of Rs 96. It means a grey market premium or GMP of Rs 42, which is 43.75% over its issue price, indicating strong listing. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The price band of the SME IPO has been fixed in the range of Rs 90 to Rs 96 apiece. Its minimum lot size is 1,200. It means investors will have to apply for a minimum of 1,200 shares or in multiple thereof. Retail investors require a minimum capital of Rs 2,16,000 to apply for the IPO. Spunweb Nonwoven IPO Allotment And Listing Dates The basis of allotment of the Spunweb Nonwoven IPO will be finalised on July 17. Its shares will be listed on the NSE Emerge, July 21. The IPO, which is a bookbuilding of Rs 60.98 crore, is entirely a fresh issue of 63.52 lakh shares. Spunweb Nonwoven Ltd's revenue increased 47% and its profit after tax (PAT) rose 98% between the financial year ending with March 31, 2025 and March 31, 2024. 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 market maker for Spunweb Nonwoven IPO is Rikhav Securities Ltd. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Mint
12-07-2025
- Business
- Mint
Upcoming IPOs: Three new public issues, six listings scheduled this week; check full list here
Upcoming IPOs: The IPO season has been quite intriguing, even though the excitement surrounding IPOs has diminished compared to the past two years. Nevertheless, a number of companies have successfully launched their IPOs despite the prevailing global market uncertainties caused by Trump's tariffs and geopolitical conflicts. In regard to the mainboard and Small and Medium Enterprises (SME) IPO scene, five listings are set for this week, along with three IPOs that will be opening. In the mainboard sector, Travel Food Services IPO is set to be listed on the exchanges on Monday, July 11, 2025. Smartworks Coworking Spaces IPO will officially launch on the bourses on Thursday, July 17, 2025. The SME platforms will also see activity next week, with four companies scheduled to debut on these platforms. Chemkart India and Smarten Power Systems are set to be listed on Monday, July 14, 2025. Glen Industries and Asston Pharmaceuticals are expected to make their debut on the BSE SME platform on July 15 and July 16, respectively. Below are the important details regarding the IPOs scheduled for next week: Anthem Biosciences IPO consists solely of an offer-for-sale (OFS) valued at ₹ 3,395 crore by its promoters, investors, and other selling shareholders. As this IPO is entirely an OFS, the company will not obtain any funds from it, and all proceeds will go to the selling shareholders. Anthem specializes in innovative and technology-oriented contract research, development, and manufacturing organization (CRDMO), featuring fully integrated operations across drug discovery, development, and manufacturing. The book-running lead managers for this issue include JM Financial Ltd, Citigroup Global Markets India, J P Morgan India, and Nomura Financial Advisory and Securities (India) Pvt Ltd. Spunweb Nonwoven Limited has set the price range for its initial public offering at ₹ 90 to ₹ 96 per equity share, with each share having a face value of ₹ 10. The company's Initial Public Offering will be open for subscriptions starting Monday, July 14, 2025, and will close on Wednesday, July 16, 2025. Investors can apply for a minimum of 2,400 equity shares and thereafter in increments of 1,200 shares. This IPO represents a fresh issuance of up to 6,351,600 equity shares. The funds raised from this fresh issuance will be allocated as follows: ₹ 29 crore for the company's working capital needs; ₹ 10 crore for an investment in its wholly-owned subsidiary, SIPL, to support its working capital; ₹ 8 crore for the repayment, either fully or partially, of certain loans taken by the company, and for general corporate expenses. Vivro Financial Services Private Limited will serve as the book-running lead manager for the Spunweb Nonwoven IPO, while MUFG Intime India Private Limited (Link Intime) is designated as the registrar for the offering. Rikhav Securities Limited will act as the market maker for the Spunweb Nonwoven IPO. The Monica Alcobev public offering is scheduled to begin subscription on Wednesday, July 16, 2025, and will conclude on Friday, July 18, 2025. The IPO for Monica Alcobev is a book-built issue totaling ₹ 153.68 crore, which includes a fresh issue of 4.79 million equity shares and an OFS of 1 million shares. The price range for the shares has been established at ₹ 271-286, and the minimum lot size is 400 shares. Retail investors are required to bid for at least 800 shares, which translates to a minimum investment of ₹ 2,28,8800. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. serves as the book-running lead manager for the Monica Alcobev IPO, while MUFG Intime India Private Limited (Link Intime) acts as the registrar for the offering. The market maker for the Monica Alcobev IPO is Bhansali Value Creations Private Limited. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
11-07-2025
- Business
- Business Standard
IPO calendar: Quiet week ahead with 3 IPOs, 6 listings on the cards
IPO Calendar: Following a busy week, the Indian primary market activity is expected to remain muted next week, from Monday, July 14, 2025, to Friday, July 19, 2025, as only one mainline offering is scheduled to open for public subscription. Similarly, in the Small and Medium-sized Enterprises (SME) segment, only two new public issues are scheduled to open. In addition, two companies in the mainline segment and four in the SME segment will make their debut on the bourses. Here are the key details of upcoming IPOs next week: Anthem Biosciences IPO Anthem Biosciences is an entire offer for sale of 59.6 million equity shares. The mainline offering will open for public subscription on July 14 and close on July 16. The allotment of shares is expected to be finalised on July 17. The company will make its debut on the bourses tentatively on July 21. The company has set the price band in the range of ₹540 to ₹570. KFin Technologies is the issue registrar. JM Financial, Citigroup Global Markets India, JP Morgan India and Nomura Financial Advisory and Securities (India) are the book-running lead managers. In the SME segment, Spunweb Nonwoven and Monica Alcobev will open for public subscription on July 14 and July 16, respectively. Spunweb Nonwoven IPO Spunweb Nonwoven IPO is scheduled to open for subscription on Monday, July 14, 2025, and close on Wednesday, June 16, 2025. The ₹60.98 crore offering comprises a fresh issue of 6.35 million equity shares. Spunweb Nonwoven IPO will be available for subscription at a price band of ₹90-96 apiece, and a lot size of 1200 shares. Accordingly, a retail investor can bid for a minimum of two lots or 2,400 shares, with the minimum amount required at ₹2,30,400. MUFG Intime India is the registrar of the issue. Monica Alcobev IPO The public offering of Monica Alcobev is set to open for subscription on Wednesday, July 16, 2025, and close on Friday, July 18, 2025. Monica Alcobev IPO is a book-built issue of ₹153.68 crore, comprising a fresh issue of 4.79 million equity shares and an offer for sale (OFS) of 1 million shares. The price band is set at ₹271-286 per share, and the lot size is 400 shares. A retail investor can bid for a minimum of 800 shares, requiring a minimum investment of ₹2,28,8800. The basis of allotment is expected to be finalised on Monday, July 21, 2025, and the shares are scheduled to be listed on BSE SME, tentatively on Wednesday, July 23, 2025. Upcoming IPO listings next week In the mainboard segment, shares of Travel Food Services will be listed on the exchanges on Monday, July 11, 2025. Smartworks Coworking Spaces will debut on the bourses on Thursday, July 17, 2025. The SME platforms will also remain active next week, with 4 companies scheduled to make their debut on the SME platforms. Chemkart India and Smarten Power Systems will be listed on Monday, July 14, 2025. Glen Industries and Asston Pharmaceuticals will make their debut on the BSE SME platform tentatively on July 15 and July 16, respectively.
