Fascinate Textiles IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Allotment Chances
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 28.90 | 60.28 | 117.23 |
| Expense | 28.26 | 52.19 | 95.88 |
| Profit (PAT) | 0.48 | 5.81 | 15.07 |
| Total Assets | 25.45 | 42.26 | 92.75 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Iris Clothings Limited | 0.85 | 54.92 | 11.42 | 37.24 | 16.19 Cr |
| Kewal Kiran Clothing Limited | 23.03 | 21.71 | 13.60 | 181.66 | 152.29 Cr |
Promoters: Chirag Ahuja, Narinder Kumar Ahuja, Rishabh Nahar, Vishal Nahar and Vishal Nahar (HUF)
Strengths & Risks
- Revenue grew 94% in the latest reported year.
- Solid profit margin — 12.9%.
- Strong return on equity — 72%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
Our metrics didn't flag a major concern for Fascinate Textiles from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Fascinate Textiles, founded in 2017, is one of the leading apparel manufacturing companies in India. Its main aim is to design high-quality knitted and woven garments that meet global standards. Its product range includes infantwear, kidswear, menswear, and womenswear in a wide range of designs and quality. Fascinate Textiles’ portfolio includes t-shirts, joggers, vests, leggings, shorts, and infant wear for each age group. Its manufacturing facility offers an end-to-end solution, taking care of stitching, finishing, printing, and packing, all under one roof. The firm has over 30 years of experience in craftsmanship, precision, and operational excellence, which has allowed it to become a trusted partner of so many fashion brands.
| Purpose | Amount (Cr) |
|---|---|
| Funding Capital Expenditure requirement towards setting up additional manufacturing facility. | 12.40 |
| Funding the working capital requirements | 19.03 |
| Prepayment and repayment of all or a portion of certain secured and unsecured loan | 2.68 |
| General Corporate Purposes | - |
| To meet the offer related expenses | - |
Resources & Documents
Fascinate Textiles Ltd., 3/A Kutul Sahi Road,, Barasat, Barasat North 24 Parganas,, Barasat-1,, Kolkata, West Bengal, 700124
Fascinate Textiles has set a price band of Rs 148–Rs 156 per share for an issue size of Rs 67 crore. The subscription window has closed; shares are expected to list on August 24, 2026 (4 days away).
Fascinate Textiles, founded in 2017, is one of the leading apparel manufacturing companies in India. Its main aim is to design high-quality knitted and woven garments that meet global standards.
The issue is promoted by Chirag Ahuja, Narinder Kumar Ahuja, Rishabh Nahar, Vishal Nahar and Vishal Nahar (HUF) with Affinity Global Capital Market Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding Capital Expenditure requirement towards setting up additional manufacturing facility. (Rs 12 crore) and Funding the working capital requirements (Rs 19 crore).
Final subscription data records overall subscription at 1.14x, retail at 1.21x, QIB at 0.63x, NII at 1.64x.
On fundamentals, the company is posting revenue growth of 94.5%, a profit margin of 12.9%, return on equity of 72.1% in its most recent reported period. Listed peers in this segment include Iris Clothings Limited (P/E 54.92x) and Kewal Kiran Clothing Limited (P/E 21.71x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Allotment status can be checked on the registrar portal once published; see the allotment links below.
Fascinate Textiles IPO GMP — What It Means
No active grey market premium has been recorded for Fascinate Textiles IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.
See the full Fascinate Textiles GMP history and trend, or learn how grey market premium works and how reliable it is.
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