Fascinate Textiles IPO- Company Analysis
Fascinate Textiles IPO under the SME IPO category is a book-build issue of Rs. 64.83 Cr by Fascinate Textiles Limited, which is in the production of ready-made clothing. The company's product line includes menswear, womenswear, and childrenswear, with children's clothing accounting for a sizable amount of their production.
Offerings for a range of age groups and end-use segments include t-shirts, joggers, vests, leggings, shorts, and baby clothing.
Product Line:
-
Wearing Infant
-
Wear For Kids
-
Women's And Men's Wear
Fascinate Textiles IPO, Video Breakdown
Fascinate Textiles IPO Details
The Fascinate Textiles IPO opening date is 11 Aug 2026; its initial public offering will end on 19 Aug, IPO allotment on Aug 20 and refund initiation on Aug 21, 2026.
The Rs. 64.83 crore new SME IPO comprises a combination of fresh issue of 0.35 crore shares (Rs. 52.21 Cr) and offer for sale of 0.08 crore shares (Rs. 12.62 Cr).
The Fascinate Textiles IPO listing date (expected) might be Monday, Aug 24, 2026, and the listing on the NSE and SME.
The Fascinate Textiles IPO price band is Rs. 142 to Rs. 151.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Aug 11, 2026 |
|
IPO Closing Date |
Aug 19, 2026 |
|
IPO Allotment Date |
Aug 20, 2026 |
|
Refund Initiation |
Aug 21, 2026 |
|
IPO Listing Date |
Aug 24, 2026 |
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Company Financials
(Amount in Cr)
|
Particulars |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Assets |
92.75 |
42.26 |
25.45 |
|
Total Income |
117.23 |
60.28 |
28.90 |
|
Profit After Tax |
15.07 |
5.81 |
0.48 |
|
EBITDA |
24.15 |
10.01 |
1.68 |
|
Net Worth |
31.44 |
10.45 |
4.45 |
|
Reserves and Surplus |
21.14 |
9.04 |
3.05 |
|
Total Borrowing |
26.02 |
18.21 |
12.33 |
Cash Flows
(Amount in lac)
|
Net Cash Flow |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Net Cash Flow Operating Activities |
(1,087.37) |
(357.52) |
(362.34) |
|
Net Cash Flow Investing Activities |
(45.53) |
(36.89) |
(267.01) |
|
Net Cash Flow Financing Activities |
1,141.60 |
442.61 |
621.58 |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The Company desires to use the Net Proceeds from the Issue to fulfill its following goals:
-
Funding capital expenditure requirements towards setting up an additional manufacturing facility. ~ Rs. 12.40 Cr.
-
Funding the working capital requirements. ~ Rs. 19.03 Cr.
-
Prepayment and repayment of all or a portion of certain secured and unsecured loans. ~ Rs. 2.68 Cr.
-
General Corporate Purposes.
Listed Peers of Fascinate Textiles Ltd.
|
Name of Company |
Face Value (Rs. ) |
Basic EPS (Rs. ) |
PE Ratio (x) |
|
Iris Clothings Limited (Audited) |
2 |
0.85 |
54.92 |
|
Kewal Kiran Clothing Limited (Audited) |
10 |
23.03 |
21.71 |
Valuation
|
KPI |
Value (Mar 31, 2026) |
|
ROE |
72.08% |
|
ROCE |
54.82% |
|
Debt/Equity |
0.83 |
|
RoNW |
48.02% |
|
PAT Margin |
12.89% |
|
EBITDA Margin |
20.50% |
Evaluation of P/E Ratio
Considering the period ended on FY 2026 with an EPS of Rs. 14.66 from the last year, the resulting P/E ratio is 10.64x.
Explore the Optimystix Entertainment IPO.
IPO's Strengths
-
End-to-end manufacturing capability
-
Versatile product range with customisation capabilities
-
Quality control framework
-
Business model: order-driven approach.
IPO's Weaknesses
-
SME Segment Risks
-
Working Capital Intensity
-
Concentration & Competition.
Fascinate Textiles IPO GMP
Fascinate Textiles IPO GMP today is Rs. 0 as of 17 August 2026, while writing this information.
Fascinate Textiles IPO Summary
|
IPO Opening & Closing Date |
11 Aug, 2026 to 19 Aug, 2026 |
|
Face Value |
Rs. 10 per Share |
|
Issue Price |
Rs. 142 to Rs. 151 per Share. |
|
Lot Size |
800 Shares |
|
Issue Size |
42,93,600 Shares (Rs. 65 Cr) |
|
Offer for Sale |
8,36,000 Shares (Rs. 13 Cr) |
|
Fresh Issue |
32,42,400 Shares (Rs. 49 Cr) |
|
Listing at |
NSE, SME |
|
Issue Type |
Bookbuild Issue |
|
Registrar |
Cameo Corporate Services Ltd. |
IPO Lot Details
Retail investors can invest in a minimum and maximum of 2 Lots (1600 Shares) for Rs. 2,41,600, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (2400 Shares) for Rs. 3,62,400.
|
Minimum Lot Investment (Retail) |
2 Lots |
|
Maximum Lot Investment (Retail) |
2 Lots |
|
HNI (Min) |
3 Lots |
Fascinate Textiles IPO Allotment Status
To check the Fascinate Textiles IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Fascinate Textiles Ltd.
-
Chirag Ahuja
-
Narinder Kumar Ahuja
-
Rishabh Nahar
-
Vishal Nahar
-
Vishal Nahar (HUF).
|
Pre-Issue Promoter Shareholding |
99.46% |
|
Post-Issue Promoter Shareholding |
68.4% |
IPO Lead Managers
- Affinity Global Capital Market Pvt. Ltd.
Dividend Policy
The company has not paid a dividend during the last three FYs.
Conclusion
Fascinate Textiles IPO offers investors exposure to a growing ready-made garments manufacturer with strong revenue growth, improving profitability, and end-to-end production capabilities. However, high borrowings, negative operating cash flow, working-capital requirements, and SME market risks should be carefully evaluated before investing.
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Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.
