Kaytex Fabrics Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | July 29, 2025 to July 31, 2025 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 171 to ₹ 180 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 38,78,400 shares (aggregating up to ₹ 69.81 Cr) |
| Reserved for Market Maker | 1,94,400 shares (aggregating up to ₹ 3.50 Cr) Gretex Share Broking Private Limited |
| Fresh Issue (Ex Market Maker) | 30,04,800 shares (aggregating up to ₹ 54.09 Cr) |
| Offer for Sale | 6,79,200 shares of ₹10 (aggregating up to ₹ 12.23 Cr) |
| Net Offered to Public | 36,84,000 shares (aggregating up to ₹ 66.31 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,15,00,000 shares |
| Share Holding Post Issue | 1,46,99,200 shares |
About Kaytex Fabrics Limited IPO
Kaytex Fabrics Limited is coming up with its IPO of ₹69.81 crores from 29th July, 2025 to 31st July, 2025. The IPO will include a fresh issue of 31.99 lakh of about ₹57.59 crores shares which will be utilised in order to expand its operations. The IPO also has an offer-for-sale component of 6.79 lakh shares totaling up to ₹12.23 crores. The IPO is tentatively scheduled on 5th August, 2025 to be listed on NSE SME and the price is set at ₹171 to ₹180 per share. Minimum investment for retail investors and HNIs is 1,600 shares i.e. ₹2,73,600 and 2,400 shares i.e. ₹4,32,000, respectively.
Company Background
Kaytex Fabrics was established in 1996 and the company originally operated as a private limited company in Punjab. The business has witnessed a great evolution with its transition to a public limited company in late 2024, compared to its beginnings with 7 shuttle-less rapier looms. It is led by significant people who are visionaries such as Sanjeev Kandhari and Amit Kandhari and maintains its focus on innovation in textiles with integration of technology as well as designs that are highly creative, catering to fashion brands and retailers.
Operations and Product Range
Facility and Production
The company currently operates with state-of-the-art manufacturing units to provide services like digitally printed textiles, finishing, dyeing and weaving. The composite manufacturing setup of these units is what helps with vertical integration, that is, management of the entire fabric production process, starting from the processing of the yarn to the finished textile products. From its initial start, the company has now expanded from just seven looms to having a varied range of machinery, which includes jacquard units as well as digital fabric printers. These machines offer good quality fabrics made with skilled craftsmanship.
Brand and Market Presence
Kaytex Fabrics Limited has a well-established presence in the fashion textile industry that caters to both types of retail, organized and unbranded. The company’s modernized techniques in manufacturing and incorporation of technology that helps with digital printing help brands adapt to rapidly changing fashion trends. The company has quite a broad and diverse market reach, which primarily focuses on Tier 1 and emerging markets in India.
Revenue Channels
Kaytex generates its revenue through the company’s diverse services such as:
- • Manufacturing and sales of fabrics that are of a high-quality and are made from polyester, modal, viscose, acrylic, linen, nylon and cotton.
- • Womenswear garments that are ready-to-stitch for example, stoles, shawls, co-ord sets, scarves and suits.
- • They offer textile printing and garment solutions that are designed and customized in accordance with the needs of the clients.
Kaytex registered a significant growth in its revenues, with an increase to ₹153 crore in FY25 from about ₹99 crore in FY23, as well as improvements in EBITDA margin to 19.68% from 12.89% in the same period.
Management & Shareholding
Promoters and Shareholders
Kaytex Fabrics Limited IPO is promoted by Mr. Sanjeev Kandhari and Mr.Amit Kandhari, who have a collective industry experience of more than 70 years and currently have a 100% stake in the company’s shares, which is expected to be diluted post-IPO listing.
Board Members
The board of Kyatex Fabrics Limited leads the strategic and operational decisions of the company with an emphasis on innovation and growth. The key managerial board consists of:
- • Sanjeev Kandhari who is Chairman and the Managing Director.
- • Amit Kandhari is the Whole-time Director as well as Chief Financial Officer of the company.
- • Shelly Kandhari and Priti Kandhari, who are the Non-Executive Directors in the board.
- • Rahul Tandon and Rajiv Arora who are the Independent Directors in Kaytex.
Objectives of Kaytex Fabrics Limited IPO
The net proceeds of the Kaytex Fabrics Limited IPO will be utilized for multiple reasons such as expansion of infrastructure of the warehousing by construction of a 19,000 sq. ft. warehouse in Amritsar, Punjab in order to improve storage solutions and operational efficiency, establishment of dedicated sales office to make commercial operations firm, upgradation of the existing manufacturing unit to quip the same with advanced fabric processing systems that would improve digital printing, finishing capabilities and dyeing, to meet the incremental working capital requirements and to fund the capital requirement for general corporate purposes.
Conclusion
The listing of Kaytex Fabrics Limited IPO is a strategic step of the company to increase its growth trajectory by improving the infrastructure, market presence and operational capabilities. The company has a strategy towards upgrading its facilities and strengthening the corporation’s sales and aims to capitalize on the increasing demand in the textile sector.
Kaytex Fabrics Limited IPO Financial Information
Latest Revenue
153.22
₹ Crore
Profit After Tax
16.9
₹ Crore
Net Worth
50.07
₹ Crore
Total Borrowing
38.15
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 125.27 | 153.22 | 16.9 | 50.07 | 38.15 | ||||
| 31 Mar 2024 | 96 | 125 | 11 | 34 | 35.51 | ||||
| 31 Mar 2023 | 72.98 | 99.34 | 5.59 | 21.14 | 27.01 | ||||
| Amount in ₹ Crore | |||||||||
Kaytex Fabrics Limited Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 40.43% |
| ROCE | 33.25% |
| Debt/Equity | 0.76 |
| RoNW | 33.76% |
| PAT Margin | 11.06% |
| EBITDA Margin | 19.68% |
| Price to Book Value | 4.13 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 14.7 | 15 |
| P/E (x) | 9.45 | 12 |
Frequently Asked Questions
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Competitive Strengths
The company provides a one-stop solution for its clients and is equipped with an integrated unit that offers digital printing, jacquards, weaving, and embroidery.
Kaytex rapidly adopted the digital printing technology, which drove its change in the textile market of India.
It covers cross-segment areas from cities in Tier 1 to even rural, branded and unbranded segments as well.
Kaytex Fabrics has well-established partnerships with its suppliers that provide quality materials such as fabrics, chemicals, dyes, inks and yarns.
Download regulatory filings
Kaytex Fabrics Limited IPO Timeline
| IPO Open Date | Tue, Jul 29, 2025 |
| IPO Close Date | Thu, Jul 31, 2025 |
| Tentative Allotment | Fri, Aug 1, 2025 |
| Initiation of Refunds | Mon, Aug 4, 2025 |
| Credit of Shares to Demat | Mon, Aug 4, 2025 |
| Tentative Listing Date | Tue, Aug 5, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 31, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1600 | ₹2,88,000 |
| Individual investors (Retail) (Max) | 2 | 1600 | ₹2,88,000 |
| S-HNI (Min) | 3 | 2400 | ₹4,32,000 |
| S-HNI (Max) | 6 | 4800 | ₹8,64,000 |
| B-HNI (Min) | 7 | 5600 | ₹10,08,000 |