OUR BUSINESS
Our company incorporated August 06, 2015 We, along with our wholly owned subsidiary, Spunweb India Private Limited (“SIPL”), are engaged in the business of manufacturing of polypropylene spunbond nonwoven fabrics primarily used in industries such as hygiene, healthcare, packaging, agriculture and others (including roofing & construction, industrial and home furnishing).
We are one of the largest manufacturers in spunbond nonwoven fabric industry in India, with an installed production capacity of 32,640 MT as of FY24.
Our product portfolio consists of hydrophobic nonwoven fabric, hydrophilic nonwoven fabric, super soft nonwoven fabric, UV treated fabric, antistatic nonwoven fabric and FR treated fabric in the width of 1.6m, 2.6m and 3.2m with the range of 7 to 150 grams per square metre (“GSM”).
These products are available in more than 20 colours and they can be customized in colour with value-added services such as varied coatings, slitting, printing, sheet cutting and wider width fabrics.
We are also engaged in supply of various types of nonwoven fabric bags.
Our Company is ISO 9001:2015 certified which ensures the products manufactured by us are reliable and consistent in quality.
Our customers include manufacturers of hygiene products viz :-
- Diapers, s
- Anitary Pads and Under Pads.
- Manufacturers of healthcare products viz..
- Face masks.
- PPE kits.
- Surgical Gowns and other medical Disposable Products.
Our customers also include manufacturers of packaging products viz :-
- Shopping bags.
- Grocery bags.
- Suit Cover bags .
Manufacturers of Agricultural Products viz :-
- Fruit Cover and Crop cover.
Some of our customers include names such as :-
- RGI Meditech Private Limited.
- Millenium Babycares Limited.
- Sekhani Industries Private Limited.
- Myra Hygiene Products Private Limited.
- Rotech Healthcare Private Limited.
- Poligof Micro Hygiene (India) Private Limited.
- Salus Products Private Limited.
- Kwalitex Healthcare Private Limited.
- JDS Nonwoven, Vyom Nonwoven, among others.
We manufacture, market and sell our products in domestic as well as international markets. In domestic market,
we have catered to more than 280, 400, 450, and 500 customers during Fiscal 2022, Fiscal 2023, Fiscal 2024 and nine months period ended December 31, 2024.
In the international market, we have catered to more than 10, 15, 20, and 20 customers during Fiscal 2022, Fiscal 2023, Fiscal 2024 and nine months period ended December 31, 2024.
who are based in countries such as the United States of America, United Arab Emirates, Italy, Egypt, Saudi Arabia, Sri Lanka, Nepal, Kenya and Nigeria.
Our registered office and corporate office are located in Rajkot, Gujarat.
Our manufacturing facility is located at Survey No.109(2), N.H. 27, Near Wankaner Boundry Post at Jalida, Village Rangpar, Wankaner, Rajkot – 363 621, Gujarat with an installed capacity of 20,400 metric ton per annum (“MTPA”) operated in three production lines.
The total area of our manufacturing facility is 18,197 square meters, which is owned by our Company.
The manufacturing facility of SIPL is located at Survey No.119p1, N.H.27, Nr. Wankaner Boundary, Rangpar, Jalida, Wankaner, Rajkot – 363621, Gujarat with an installed capacity of 12,240 MTPA operated in two production lines. The total area of SIPL facility is 15,580 square meters, which is owned by SIPL.
OBJECTS OF THE OFFER
1. Funding the working capital requirements of our Company.
2. Investment in our wholly owned subsidiary, SIPL, for funding its working capital requirements.
3. Repayment, in full or in part, of certain borrowings availed by our Company.
4. General Corporate Purposes.
Qualitative Factors
- We are one of the largest manufacturers of spunbond nonwoven fabrics in India.
- We provide tailored spunbond nonwoven fabric manufacturing for industry specific needs.
- Long standing association with different consumers in diverse industries and geographies.
- Advanced spunbond technology along with cleanroom technology for manufacturing process.
- Experienced Promoters supported by a strong management and execution team;
- We ensure consistency in quality and service standards.
- Consistent financial performance.
Comparison of accounting ratios with listed industry peers
There are no listed peer group companies (i.e., companies of comparable size in the same industry), in India or globally (outside India) that engage in a business similar to that of our Company. Accordingly, it is not possible to provide an industry comparison in relation to our Company.
