Spunweb Nonwoven Ltd Company Summary

Spunweb Nonwoven Ltd Summary

Spunweb Nonwoven Limited was incorporated as Spunweb Nonwoven Private Limited in Rajkot, Gujarat dated August 06, 2015, with the Registrar of Companies, Gujarat. Subsequently, Company was converted into a Public Limited Company and the name of the Company was changed to Spunweb Nonwoven Limited. A fresh Certificate of Incorporation upon conversion from a Private Limited to Public Limited Company dated September 06, 2024, was issued by the Registrar of Companies, Central Processing Centre.Spunweb Nonwoven is one of the largest manufacturers in spunbond nonwoven fabric industry in India, with an installed production capacity of 32,640 MT as of FY24. The product portfolio consists of hydrophobic nonwoven fabric, hydrophilic nonwoven fabric, super soft nonwoven fabric, UV treated fabric, antistatic nonwoven fabric and FR treated fabric. Company is a comprehensive solution provider for all types of PP spunbond nonwoven fabrics manufactured using advanced spunbond technology. In the healthcare and hygiene industry, products are used in the production of sanitary pads, diapers, and other hygiene products, meeting the increasing demand for personal care solutions. In medical industry, nonwoven fabrics are integral to manufacturing of masks, surgical caps and protective suits, supporting the global healthcare system in maintaining hygiene and safety. Company also serve the packaging industry by providing eco-friendly nonwoven fabrics for shopping bags and wrappers, contributing to the growing emphasis on reusable packaging solutions. Fabrics play a crucial role in agriculture and they are used for fruit, vegetable and crop cover for protection , supporting environmentally friendly farming practices.The Company installed and commissioned 3.2 SS Spunbond nonwoven production line in 2016; installed 1.6 SS Spunbond nonwoven production line in 2018; commissioned 2.6 SS Spunbond nonwoven production line in 2020; installed 0.5 MW rooftop solar system in 2021; commissioned 3.2 SS Spunbond nonwoven production line in 2022; installed 3.2 SSS Spunbond nonwoven production line in 2023; installed 0.6 MW rooftop solar system further in 2024 and has installed further 0.435 MW rooftop solar system in 2024. The Company has acquired 100% equity share capital in Spunweb India Private Limited, making it a wholly owned subsidiary of the Company in 2024. Company is planning to come out with an Initial Public Offering by allotting 63,51,600 fresh issue of equity shares of face value Rs 10/- each.