Price band set at ₹90/- to ₹96/- per Equity Share
- Price Band of ₹90/– ₹96/- per Equity Share bearing face value of ₹10/- each (“Equity Shares”)
- Bid/Offer Opening Date – Monday, July 14, 2025 and Bid/Offer Closing Date – Wednesday, July 16, 2025.
- Minimum Bid Lot is 2,400 Equity Shares and in multiples of 1200 Equity Shares thereafter.
Mumbai : Spunweb Nonwoven Limited has fixed the price band of ₹90/- to ₹96/- per Equity Share of face value ₹10/- each for its maiden initial public offer.
The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Monday, July 14, 2025, for subscription and close on Wednesday, July 16, 2025. Investors can bid for a minimum of 2,400 Equity Shares and in multiples of 1200 Equity Shares thereafter.
The IPO is fresh issue of up to 63,51,600 Equity Shares. The proceeds from its fresh issuance will be utilized to the extent of Rs 29 crore for Funding the working capital requirements of the Company; Rs 10 crore for Investment in wholly owned subsidiary, SIPL, for funding its working capital requirements; Rs 8 crore for Repayment, in full or in part, of certain borrowings availed by our Company, and General Corporate Purposes.
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