Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Kaytex Fabrics IPO
Price Band
₹171.0–180.0
Issue Size
₹69.81 Cr
Lot Size
800 shares
Min Investment
₹288,000
2 LOTS MIN
GMP
+₹15.0 (8.33%)
Issue Price
₹180.0
Subject to Sauda
₹9100
Paid only if allotted
Kaytex Fabrics IPO AI Summary
- Kaytex Fabrics IPO is listed on NSE SME in the Garments & Apparels sector.
- Price band: ₹171.0–₹180.0 per share, lot size 800 shares (min. investment ₹288,000, 2 lots minimum).
- Subscription window: 29 Jul–31 Jul 2025, listing on 05 Aug 2025.
- Current GMP is +₹15.0 (8.33%), an estimated listing price of ₹195 — unofficial and can change daily.
Kaytex Fabrics Limited is set to offer its IPO with a price band of ₹171.0 to ₹180.0, aiming to raise ₹69.81 Cr. The company has shown consistent revenue and profit growth over the past three years, supported by its strengths in manufacturing and distribution.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Kaytex Fabrics IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 31 Jul 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Kaytex Fabrics IPO Grey Market Premium (GMP) Today
GMP
+₹15.0
GMP %
+8.33%
Est. Listing
₹195.0
Updated: 25 Jul 2026 14:13
About the Company
Incorporated in January 1996, Kaytex Fabrics Limited is a fast-fashion manufacturer that combines technology, creative design, and craftsmanship to deliver high-quality textiles. The company specializes in fabrics from diverse fibres like cotton, viscose, and polyester. The company offers quality fabrics, ready-to-stitch womenswear, and modern, trendy designs. The company sells its products under the brand names “Rasiya”, “Kaytex”, and “Darbaar-e-Khaas”. The company supplies quality fabrics, garments like ready-to-stitch suits and co-ord sets, and accessories such as shawls, scarves, and stoles for bulk buyers and retailers without specific branding. As of March 31, 2025, the company served 455, 447, and 497 customers in Fiscal years 2024, 2023, and 2025, respectively. Products: Digital Printed Fabrics: Vibrant, customized fabrics with high-resolution prints for diverse applications. Jacquard Fabrics: Intricately woven patterns, durable, suitable for fashion and home. Corduroy Fabrics: Ribbed texture, strong and stylish for apparel and furnishings. Dobby Fabrics: Geometric textures, elegant finish, used in fashion and interiors. Garments: Ready-to-stitch womenswear and accessories, blending tradition with trends. As of June 30, 2025, the company had 612 permanent employees and workers. Competitive Strength Single stop solution for customers enabled by an integrated unit with multiple capabilities across digital printing, weaving, jacquards, and embroidery. Early adapter in digital printing technology driving change in the textile market. Cross-segment coverage from Tier 1 cities to rural and branded to unbranded segments. Well established distribution network, low customer concentration and long-standing supplier relationships. Reliable partnerships with suppliers provide quality materials like yarns, dyes, chemicals, inks, and fabrics. Strong partnerships with reliable suppliers providing with quality raw materials like yarns, dyes, chemicals, inks, and greige fabrics.
Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 125.27 | 95.92 | 72.98 |
| Total Income | 153.22 | 125.03 | 99.34 |
| Profit After Tax | 16.90 | 11.31 | 5.59 |
| EBITDA | 30.06 | 22.43 | 12.79 |
| NET Worth | 50.07 | 33.55 | 21.14 |
| Reserves and Surplus | 38.57 | 33.05 | 20.64 |
| Total Borrowing | 38.15 | 35.51 | 27.01 |
Key Ratios
EPS
₹14.70
NAV
₹43.54
ROE
40.43%
ROCE
33.25%
RoNW
33.76%
P/B Value
4.13
P/E Ratio
12.25
Market Cap
₹264.59 Cr
PAT Margin
11.06%
Debt/Equity
0.76
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Veekayem Fashion And Apparels Limited | 95.44 | 13.76% | 18.92 | 13.01 |
| Donear Industries Ltd. | 45.14 | 13.59% | 17.57 | 6.13 |
| Banswara Syntex Ltd. | 163.11 | 3.83% | 23.2 | 6.25 |
| Kaytex Fabrics Limited This IPO | 43.54 | 33.76% | — | 14.7 |
Promoters
Sanjeev Kandhari and Amit Kandhari
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 for construction of additional warehouse facility in Amritsa 2.56 2 Funding capital expenditure for construction of dedicated sales office in Amritsar 3.73 3 Funding capital expenditure towards purchase of advanced fabric processing system for existing printing, dyeing and processing unit in Amritsar 5.01 4 Funding the incremental working capital requirements 30.00 5 General Corporate Purposes 8.05 6 Issue Expenses 9.99 Total 59.33
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹99.34 Cr in the year ending 31 Mar 2023, increasing to ₹125.03 Cr by 31 Mar 2024, and further rising to ₹153.22 Cr by 31 Mar 2025. This shows a consistent upward trend in revenue over the three fiscal years.
Profit Trend
Profit After Tax was ₹5.59 Cr for the year ending 31 Mar 2023, which grew to ₹11.31 Cr by 31 Mar 2024, and reached ₹16.90 Cr by 31 Mar 2025. This indicates a steady increase in profitability across the periods.
Valuation
At the issue price of ₹180.0, Kaytex Fabrics has an implied P/E ratio of 12.25 based on its earnings per share (EPS) of ₹14.70. This is compared to peers trading at P/E ratios ranging from 17.57 to 23.2.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is a measure of the expected listing gain of an IPO based on unofficial trading before it officially lists on the stock exchange. A positive GMP indicates that the market anticipates the IPO will list at a higher price than its issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid investing in IPOs like this, which can be subject to market fluctuations and uncertainties.
IPO Timeline, Explained
The IPO opens for subscription on July 29, 2025, and closes on July 31, 2025. Allotment of shares will be done on August 1, 2025, and the shares are expected to be listed on the stock exchange on August 5, 2025.
Listing Gains — The Risk
While many investors hope for listing-day gains, it is important to understand that such gains are not guaranteed. Market conditions, investor sentiment, and company performance can all impact the stock price on the listing day.
This evaluation is generated from Kaytex Fabrics'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 Kaytex Fabrics IPO GMP today?
Kaytex Fabrics IPO GMP today is +₹15.0 (8.33%), indicating an estimated listing price of ₹195. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Kaytex Fabrics IPO?
The price band of Kaytex Fabrics IPO is ₹171.0–₹180.0 per share.
When does Kaytex Fabrics IPO open and close?
Kaytex Fabrics IPO opens on 29 July 2025 and closes on 31 July 2025.
When does Kaytex Fabrics IPO list on the stock exchange?
Kaytex Fabrics IPO listed on 05 August 2025 at ₹195.0.
What is the lot size for Kaytex Fabrics IPO?
The lot size for Kaytex Fabrics IPO is 800 shares, requiring a minimum investment of ₹288,000 (2 lots).
What is the lot size for the Kaytex Fabrics IPO?
The lot size for the Kaytex Fabrics IPO is 800 shares.
What is the minimum investment required for this IPO?
The minimum investment required for the Kaytex Fabrics IPO is ₹288,000.
What is the price band for the Kaytex Fabrics IPO?
The price band for the Kaytex Fabrics IPO is ₹171.0 to ₹180.0.
When is the listing date for the Kaytex Fabrics IPO?
The listing date for the Kaytex Fabrics IPO is August 5, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing gain of an IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
29 Jul 2025
Close
31 Jul 2025
Allotment
01 Aug 2025
Listing
05 Aug 2025
Similar IPOs in Garments & Apparels
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Kaytex Fabrics?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.