Fascinate Textiles IPO GMP, Date, Price Band & Review

Fascinate Textiles IPO Details

Fascinate Textiles IPO is a 100% book-built issue of ₹66.98 crore, which includes a fresh issue of ₹51 crore and an offer for sale of ₹13 crore, each with a face value of ₹10. The company filed its DRHP with SEBI on Sep 26, 2025.

The price band of the issue is set at ₹148 to ₹156 per share and the lot size for an application is 800 shares. The minimum amount of investment required by an individual investor is ₹2,49,600 (1,600 shares). The IPO will open for subscription from August 11 to 13, 2026, on the NSE SME platform, with a tentative listing date fixed as August 18, 2026. The book-running lead manager of this issue is Affinity Global Capital Market Private Ltd., while the registrar to the offer is Cameo Corporate Services Ltd.

Fascinate Textiles IPO Date & Timeline

The Fascinate Textiles IPO is officially set to open for subscription on Aug 11, 2026 and will close on Aug 13, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on Sep 26, 2025 and has now finalized its schedule following SEBI approval. Once the subscription window closes, the allotment is expected on Aug 14, 2026. Following this, the firm will initiate refunds and credit shares to successful investors' demat accounts on Aug 17, 2026. Finally, shares of Fascinate Textiles Ltd. are tentatively scheduled to list on the stock exchanges on Aug 18, 2026.

Fascinate Textiles IPO GMP (Grey Market Premium)

“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.

The Fascinate Textiles IPO GMP is currently trading at ₹0, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹156, which is 0.00% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.

Company Background

Fascinate Textiles Ltd. was incorporated in February 2017 as a private limited company, with a vision of providing quality apparel for the domestic market. The company has its registered office in Kolkata, West Bengal. The company had achieved significant scalability in its business before it transformed into a public limited company in April 2025.

The company has become a trustworthy and integrated garment manufacturing company, providing readymade garments for men, women, and kids, especially kids. With years of operations in the market, the company has expanded its manufacturing capabilities through investments in machinery and by merging with the existing family-run proprietorship business.

Operations & Product Range

The main business of Fascinate Textiles Ltd. includes the quality-controlled manufacturing of ready-made garments, including all kinds of menswear, women’s wear, and children's wear. The company primarily operates through a B2B model serving organised retailers, wholesalers and branded outlets, with a presence across domestic and selected international markets. They provide these retailers and wholesalers with bulk solutions for ready-made apparel according to changing fashion trends.

Facilities & Capacity

Fascinate Textiles Ltd. operates a modern, integrated manufacturing facility in North 24 Parganas, West Bengal. Housing end-to-end operations—including cutting, stitching, printing, finishing, and packaging—the facility brings key production processes under one roof. Backed by 100+ working professionals, the unit maintains a production capacity exceeding 2,50,000 garments per month. The firm plans to utilize proceeds from the fresh IPO issue to establish an additional manufacturing facility to expand overall operational output.

Brands & Market Presence

Fascinate Textiles Ltd. has been able to establish a reputation in the industry through its B2B business model by ensuring quality in garment manufacturing services for a pre-established list of large retailers and wholesalers across the country. Its focus on quality and excellence in operations can be gauged through its achievement of the ISO 9001:2015 certification in ensuring a set of quality management systems that are adhered to consistently—a significant factor in a highly competitive industry.

Revenue Streams & Business Model

Fascinate Textiles Ltd. generates revenue primarily through the manufacture and sale of knitted and woven readymade garments. Operating on a B2B model, the firm supplies apparel across children's, men's, and women's categories. The business model centers around order-driven execution, leveraging integrated manufacturing facilities to deliver customized apparel directly to brand owners, wholesalers, and retail distributors while ensuring efficient production workflows and client relationship management.

Financial Performance

The financial performance of Fascinate Textiles Ltd. reflects rapid growth, with total income escalating from ₹60.28 crore in FY25 to ₹117.23 crore in FY26. Profitability improved substantially as net profit surged to ₹15.07 crore from ₹5.81 crore. High return metrics, including an ROE of 72.08% and an ROCE of 54.82%, demonstrate efficient capital deployment, though high leverage remains a critical operational factor to monitor.

Management & Shareholding

Fascinate Textiles Ltd. is promoted by Vishal Nahar, Chirag Ahuja, Rishabh Nahar, Narinder Kumar Ahuja and Vishal Nahar HUF. These promoters have considerable technical and operational expertise in the textile industry. Before the IPO, the promoter held a substantial 99.46% of the pre-issue equity share capital, but after the IPO, the promoters’ shareholding will be diluted as the offering includes 8,36,000 equity shares to be sold by the existing shareholders.

Board & Key Management

The leadership of Fascinate Textiles Ltd. is led by a team of experts with many years of experience. Mr. Vishal Nahar serves as the Chairman & Managing Director and gives strategic direction to the firm, as well as manages the daily operations, along with the Whole-Time Director Mr. Chirag Ahuja. The board also includes Independent Directors Anjali Lakhotia and Chetna Gupta, who provide independent oversight. Together, this team uses its knowledge to help the company grow and stay successful.