Game Changers Texfab Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Game Changers Texfab 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
₹102
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,22,400
Issue Size
₹54.84 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.02%
QIB Quota
49.96%
NII Quota
15.02%
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
Game Changers Texfab Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
98.67%
Promoter Holding (Post-Issue)
69.02%
Issue Type
Book Building - SME
ISIN
INE1GUJ01014
About the Company
Our company is engaged in finding the finest fabric material as per customer specifications and sourcing them from the right suppliers, ensuring the right material solutions. `Sourcing of Fabrics' refers to the process of selecting and procuring raw materials for textile production, which includes identifying suppliers, negotiating prices, and ensuring the quality and sustainability of the fabrics. Our company deals with variety of fabrics but specializes in women's wear fabrics and technical textiles fabrics, including outdoor and PVCcoated fabrics for a variety of uses such as awnings, outdoor furniture upholstery, tarpaulins, sports goods, tents, etc.
Industry Overview
India's textiles sector is one of the oldest industries in the Indian economy, dating back to several centuries. The industry is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, with the capital-intensive sophisticated mills sector at the other end. The fundamental strength of the textile industry in India is its strong production base of a wide range of fibre/yarns from natural fibres like cotton, jute, silk, and wool, to synthetic/man-made fibres like polyester, viscose, nylon and acrylic.
Company History
Our Company was incorporated as "Game Changers Texfab Private Limited" on April 6, 2015, as a Private Limited Company, in accordance with the provisions of the Companies Act, 2013, pursuant to a Certificate of Incorporation dated April 6, 2015 issued by the Registrar of Companies, Delhi ("ROC"). Thereafter, our Company was converted from a private limited company to public limited company pursuant to special resolution passed in the Extra-Ordinary General Meeting of our company dated October 8, 2024 and consequently, the name of our Company was changed from "Game Changers Texfab Private Limited" to "Game Changers Texfab Limited" and a fresh certificate of incorporation dated December 02, 2024 was issued to our Company by the Registrar of Companies, Central Registration Centre.
Products & Services
- The company is engaged in finding the finest fabric material as per customer specifications and sourcing them from the right suppliers, ensuring the right material solutions.
Growth Strategy
- Expanding Operations Nationwide.
- Enhance Supply Chain and Sourcing.
- Customer-Centric Product Development.
- Branding and Positioning as a Sustainable Leader.
- Enhancing Direct Consumer Relationships.
Customer Base
Wholesaler and Retailer
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 FY23 to FY25.
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 offer of up to 53,76,000 equity shares of face value of Rs. 10.00 each of Game Changers Texfab Limited ("the Company" or the "Issuer") for cash at a price of Rs. 102 per equity share including a share premium of Rs. 92 per equity share (the "Issue Price") aggregating to Rs. 54.84 crores ("the Issue") out of the issue up to 2,70,000 equity shares aggregating to Rs. 2.75 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of up to 51,06,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 102 per equity share including a share premium of Rs. 92 per equity share aggregating to Rs. 52.08 crores is herein after referred to as the "Net Issue". The issue will constitute 30.05% of the post issue paid up equity share capital of the company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Deemed Manufacturing.
- International Tie-ups.
- Technology Integration.
- Designer On-boarding Initiative.
- Digital Commerce Arrangements.
- Its top customers contribute significant portion in the revenue of the Company. Any loss of business from one or more of them may adversely affect its revenues and profitability.
- The company's top suppliers contribute majority of the purchases. Any loss of business with one or more of them may adversely affect its business operations and profitability.
- The Company has not entered into any long-term contracts with any of its customers and the company typically operate on the basis of purchase orders. Inability to maintain regular order flow would adversely impact the company revenues and profitability.
- Its business depends on the deemed manufacturing units for bulk Customization, Value Additions and other manufacturing operations. Any loss of or shutdown of operations of these units on any grounds could adversely affect its business or results of operations.
- Any change in its consumer's likes, preferences or a change in their perception regarding the quality of the products may negatively affect the image and the reputation and in turn affect its revenues and profitability.