Fascinate Textiles Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Fascinate Textiles Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹151
Per ShareLot Size
800 Shares
Minimum Investment
₹1,20,800
Issue Size
₹64.83 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
59.32%
QIB Quota
1.06%
NII Quota
39.62%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Fascinate Textiles Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.46%
Promoter Holding (Post-Issue)
68.38%
Issue Type
Book Building - SME
ISIN
INE1Q2D01019
About the Company
We are engaged in the manufacturing of readymade garments, with operations based in West Bengal. Our product range spans menswear, womenswear, and childrenswear, with a significant portion of our output focused on garments for children. Our offerings include t-shirts, joggers, vests, leggings, shorts, and infant wear, among others, catering to a variety of end-use segments and age groups.
Company History
Our Company was originally incorporated on February 09, 2017 at Kolkata, West Bengal as a Private Limited Company in the name and style of "Fascinate Textiles Private Limited" under the provisions of the Companies Act, 2013 vide Certificate of Incorporation bearing CIN: U17299WB2017PTC219383 issued by the Registrar of Companies, Kolkata. Further, our Company was converted into a Public Limited Company pursuant to Special Resolution passed by the shareholders of our Company at the Extra- Ordinary General Meeting held on April 25, 2025, and consequently the name of our Company was changed from "Fascinate Textiles Private Limited" to "Fascinate Textiles Limited" and a fresh certificate of incorporation dated May 21, 2025 pursuant to conversion from Private Limited Company to Public Limited Company was issued by the Registrar of Companies, Central Registration Centre bearing CIN: U17299WB2017PLC219383.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of upto 42,93,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of Fascinate Textiles Limited ("The Company") for cash at a price of Rs. 151 per equity share (including share premium of Rs. 141 per equity share) ("Offer Price") aggregating to Rs. 64.83 Crores comprising a fresh issue of up to 34,57,600 equity shares aggregating up to Rs. 52.21 Crores by the company (the"Fresh Issue") and an offer for sale of up to 8,36,000 equity shares aggregating up to Rs. 12.62 Crores by the company promoter's group selling shareholder, (The "Offered Shares") (The "Offer For Sale" and together with the fresh offer, the "Offer") of which upto 2,15,200 equity shares aggregating to Rs. 3.25 Crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., offer of upto 40,78,400 equity shares at an offer price of Rs. 151 per equity share aggregating to Rs. 61.58 Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 31.20% and 29.64%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 151 per equity share of face value of Rs. 10/- each. The floor price is 15.1 times the face value of the equity shares. Bids can be made for a minimum of 1,600 equity shares and in multiples of 800 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Organizational stability along with management expertise.
- Established reputation and customer relationships.
- Focus on consistently meeting quality standards.
- Well Established Manufacturing Facility designed for wide range of products.
- Experienced Management Team and a motivated and efficient workforce.
- The company is dependent on its suppliers for uninterrupted supply of Raw-Materials. Any shortfall in the supply of its raw materials, or an increase in the company's raw material costs and other input costs, may adversely affect the pricing and supply of its products with subsequently having an adverse effect on the business, results of operations and financial conditions of the company.
- The company's business is substantially dependent on certain key customers, from whom its derives a significant portion of the company's revenues. The loss of any significant customer may have a material and adverse effect on its business and results of operations.
- The company's cost of production is exposed to fluctuations in the prices of its major raw material, especially of fabrics.
- Significant portion of the company's revenue has been generated from Eastern & Southern part of India, any loss of business from these states may adversely affect its revenues and profitability.
- The company's business is both manpower and machine intensive. Its business may be adversely affected by strikes, work stoppages, increased wages demands by the company's employees, or any other kind of disputes with its employees, and if the company is unable to engage new employees at commercially attractive terms.