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Fascinate Textiles IPO
Price Band
₹142.0–151.0
Issue Size
₹64.83 Cr
Lot Size
800 shares
Min Investment
₹241,600
2 LOTS MIN
GMP
—
Issue Price
₹151.0
Fascinate Textiles IPO AI Summary
- Fascinate Textiles IPO is listed on NSE SME in the Other Textile Products sector.
- Price band: ₹142.0–₹151.0 per share, lot size 800 shares (min. investment ₹241,600, 2 lots minimum).
- Subscription window: 11 Aug–13 Aug 2026, listing on 24 Aug 2026.
Fascinate Textiles Limited is set to enter the market with a focus on its diverse garment offerings, particularly in the childrenswear segment. With strong growth in revenue and profit, the company aims to utilize the IPO proceeds for expansion and working capital. Investors should consider the overall market conditions and their investment strategy before participating.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Overall Subscription
1.48x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
22.74x
|
23x ✓ |
| NII (HNI) |
1.06x
|
1.06x |
| ↳ bNII (>₹10L) |
1.32x
|
1.32x |
| ↳ sNII (<₹10L) |
0.54x
|
0.54x |
| Retail (RII) |
1.37x
|
1.37x |
| Total | 1.48x | 1.48x |
Auto-updated every 5 min · As of 19th Aug 2026 18:57
Fascinate Textiles IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Incorporated in 2017, Fascinate Textiles Limited is engaged in the manufacturing of readymade garments. The company's product range spans menswear, womenswear, and childrenswear, with a significant portion of their output focused on garments for children. The offerings include t-shirts, joggers, vests, leggings, shorts, and infant wear, among others, catering to a variety of end-use segments and age groups. Product Portfolio: INFANT WEAR KIDS WEAR WOMENS WEAR MENS WEAR Competitive Strengths: End-to-end manufacturing capability Versatile product range with customisation capabilities Quality control framework Business model-order driven approach Experienced management and workforce Existing relationships with clients
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 92.75 | 42.26 | 25.45 |
| Total Income | 117.23 | 60.28 | 28.90 |
| Profit After Tax | 15.07 | 5.81 | 0.48 |
| EBITDA | 24.15 | 10.01 | 1.68 |
| NET Worth | 31.44 | 10.45 | 4.45 |
| Reserves and Surplus | 21.14 | 9.04 | 3.05 |
| Total Borrowing | 26.02 | 18.21 | 12.33 |
Key Ratios
EPS
₹14.62
NAV
₹30.52
ROE
72.08%
ROCE
54.82%
RoNW
48.02%
P/B Value
4.95
P/E Ratio
10.33
Market Cap
₹207.79 Cr
PAT Margin
12.89%
Debt/Equity
0.83
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Kewal Kiran Clothing Ltd | 181.66 | 13.6% | 21.71 | 23.03 | 23.03 |
| Iris Clothings Limited | 37.24 | 11.42% | 54.92 | 0.85 | 0.85 |
| Fascinate Textiles Limited This IPO | 30.52 | 48.02% | — | 14.66 | 14.66 |
Promoters
Vishal Nahar, Chirag Ahuja, Rishabh Nahar, Narinder Kumar Ahuja, Vishal Nahar (HUF)
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding Capital Expenditure requirement towards setting up additional manufacturing facility. 12.40 2 Funding the working capital requirements 19.03 3 Prepayment and repayment of all or a portion of certain secured and unsecured loan 2.68 4 General Corporate Purposes 5 To meet the offer related expenses
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total Income was ₹28.90 Cr in 31 Mar 2024, rising to ₹60.28 Cr by 31 Mar 2025, and further increasing to ₹117.23 Cr by 31 Mar 2026. This shows a significant growth trend in revenue over the reported periods.
Profit Trend
Profit After Tax was ₹0.48 Cr in 31 Mar 2024, increasing to ₹5.81 Cr by 31 Mar 2025, and further rising to ₹15.07 Cr by 31 Mar 2026. This indicates a strong upward trend in profitability across the periods.
Valuation
Fascinate Textiles Limited has an EPS of ₹14.66, which implies a P/E ratio of 10.33 at the issue price. In comparison, peers are trading at P/E ratios ranging from 21.71 to 54.92. This positions Fascinate Textiles at a lower valuation relative to its peers.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of the expected listing price of an IPO. It reflects the demand and supply dynamics for the shares before they are officially listed on the stock exchange. A positive GMP indicates that the shares are likely to list at a premium to the issue price, while a negative GMP suggests the opposite.
Subscription Demand
As of 19th Aug 2026, the IPO was subscribed 1.48 times overall. The QIB category saw a strong demand with a subscription of 22.74 times, while the Retail category was subscribed 1.37 times. The HNI segment had a mixed response, with the bNII category subscribed 1.32 times and the sNII category at 0.54 times.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It is essential to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors who prefer stable returns and are risk-averse might consider avoiding IPOs like this, especially if they are concerned about the volatility associated with new listings.
IPO Timeline, Explained
The IPO opens on 11th August 2026 and closes on 13th August 2026. Allotment of shares is expected by 20th August 2026, with the listing date set for 24th August 2026.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make by selling shares on the listing day at a price higher than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and the company's performance post-listing.
This evaluation is generated from Fascinate Textiles's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Fascinate Textiles IPO?
The price band of Fascinate Textiles IPO is ₹142.0–₹151.0 per share.
When does Fascinate Textiles IPO open and close?
Fascinate Textiles IPO opens on 11 August 2026 and closes on 13 August 2026.
When does Fascinate Textiles IPO list on the stock exchange?
Fascinate Textiles IPO listed on 24 August 2026 at ₹151.0.
What is the lot size for Fascinate Textiles IPO?
The lot size for Fascinate Textiles IPO is 800 shares, requiring a minimum investment of ₹241,600 (2 lots).
What is the lot size for this IPO?
The lot size for Fascinate Textiles IPO is 800 shares.
What is the minimum investment required?
The minimum investment required is ₹241,600.
What is the price band for the IPO?
The price band for the IPO is ₹142 to ₹151.
When is the listing date for this IPO?
The listing date is scheduled for 24th August 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on demand in the grey market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
11 Aug 2026
Close
13 Aug 2026
Allotment
20 Aug 2026
Listing
24 Aug 2026
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