Spunweb Nonwoven IPO Subscribed 251x on Final Day, NII Leads with 364.58x

Spunweb Nonwoven's initial public offering (IPO) has demonstrated exceptional investor demand through its third and final day of subscription, with Spunweb Nonwoven's stock price set at ₹96 per share reflecting overwhelming market reception. The ₹60.98 crore IPO surged dramatically to 251.32 times by 5:09:59 PM on day three, indicating extraordinary investor interest in this nonwoven fabric manufacturer incorporated in 2015.

Spunweb Nonwoven IPO non-institutional investors segment leads with phenomenal 364.58 times subscription, whilst individual investors demonstrate outstanding participation at 251.84 times and qualified institutional buyers show exceptional interest at 165.43 times, reflecting tremendous investor confidence in this company.

Spunweb Nonwoven IPO subscription reached an extraordinary 251.32 times on day three, led by NII (364.58x), Individual Investors (251.84x), and QIB (165.43x). Total applications reached 2,57,561.

Subscription Status of Smartworks Coworking Spaces IPO:

Here are the subscription details for Spunweb Nonwoven IPO as of Day 3 (July 16, 2025, 5:09:59 PM):

Key Highlights - Day 3:

• Overall subscription reaching an extraordinary 251.32 times, a massive surge from day two's 45.52 times
• NII segment leading with phenomenal demand at 364.58 times, dramatically increasing from day two's 53.05 times
• Individual investors demonstrating outstanding interest at 251.84 times, significantly jumping from day two's 67.35 times
• QIB segment showing exceptional participation at 165.43 times, substantially building from day two's 1.66 times
• Final day witnessed extraordinary participation across all investor categories
• Total applications reached 2,57,561, indicating massive investor participation for this SME IPO
• Cumulative bid amount reached ₹10,185.20 crores against the issue size of ₹60.98 crores
• Nonwoven fabric sector showing tremendous investor appetite
   

Spunweb Nonwoven IPO - Day 2 Subscription at 45.52 Times

Key Highlights - Day 2:

• Overall subscription reaching modest 1.20 times, improving from day one's 0.52 times
• NII segment leading with limited demand at 1.86 times, building from day one's 1.04 times
• bNII category showing moderate participation at 2.02 times, indicating measured high-net-worth interest
• Retail investors demonstrating cautious interest at 1.23 times, improving from day one's 0.60 times
• QIB segment showing underwhelming participation at 0.64 times, building from day one's minimal response
• Employee segment showing moderate participation at 1.07 times despite ₹37 discount offered
• sNII category displaying measured interest at 1.55 times, reflecting careful smaller HNI approach
• Total applications reached 1,42,031, indicating restrained investor participation for this mainboard IPO
• Cumulative bid amount reached ₹489.76 crores against the issue size of ₹582.56 crores

Spunweb Nonwoven IPO - Day 1 Subscription at 8.44 Times

Key Highlights - Day 1:

• Overall subscription opening positively at 8.44 times, showing encouraging initial investor interest
• Individual investors leading early participation at 13.42 times, indicating strong retail confidence
• NII segment demonstrating solid early interest at 8.08 times, reflecting positive high-net-worth sentiment
• QIB segment showing minimal early participation at 0.00 times, reflecting cautious institutional approach

About Smartworks Coworking Spaces Limited

Incorporated in 2015, Spunweb Nonwoven Limited is a manufacturer and supplier of nonwoven fabrics, primarily used for applications like doormats, bags, carpets, and tarpaulins. The company manufactures nonwoven fabric, laminated, and UV-treated nonwoven fabric, operating state-of-the-art testing facilities including Universal Tensile Testing and Rewet Properties Testing. The company exports its products to North America, Europe, and the Middle East, with more than two-thirds of its revenue generated from demand in the hygiene sector, whilst the remaining portion derives from applications in medical, packaging, agriculture, and construction industries, employing 199 personnel as of May 2025.