Spunweb Nonwoven IPO allotment finalised: How to check status online on NSE, MUFG Intime India; check listing date

Spunweb Nonwoven IPO allotment status was finalised on Thursday, July 17, with bid finalisation details being out on websites of NSE and MUFG Intime India.

The issue secured 251.32 times the subscription as it received bids for 1,06,09,58,400 shares compared to 42,21,600 shares (without the market maker portion), according to Chittorgarh.

The ₹60.98 crore initial share sale consisted solely of 63.52 lakh new equity shares. There was no offer for sale (OFS) component.

The funds generated will be utilised for working capital requirements, repaying debt, investing in wholly-owned subsidiary SIPL and general corporate purposes.

For individual investors (retail), the minimum investment was two lots or 2,400 shares. The least investment for high-net-worth individuals was three lots or 3,600 shares.

Spunweb Nonwoven is into the manufacturing of polypropylene spunbond nonwoven fabrics.

How to check Spunweb Nonwoven IPO allotment status online on MUFG Intime India

• Go to MUFG Intime's allotment page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• From the IPO names list, pick 'Spunweb Nonwoven Limited'
• Mention your Application No, PAN, DP/Client ID, or Account No/IFSC
• Press the ‘Submit’ button

Steps to check Spunweb Nonwoven IPO allotment status on NSE

• Visit NSE’s allotment status page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select ‘Equity & SME IPO bid details’
• Choose 'Spunweb Nonwoven Ltd'
• Enter your PAN details and application number
• Click on submit

Spunweb Nonwoven IPO listing date and time

Shares of Spunweb Nonwoven are expected to list on the NSE SME platform Emerge on July 21.

Spunweb Nonwoven IPO GMP