Fascinate Textiles IPO Details

SME

Fascinate Textiles IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Fascinate Textiles IPO total issue size comprises 42,94,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 34,58,000 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 8,36,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 1,03,03,293, which will increase to 1,37,61,293 post-issue.

The Lead Managers for Fascinate Textiles IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Affinity Global Capital Market Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Fascinate Textiles Limited DRHP.

Fascinate Textiles IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
10303293
Share holding post issue
13761293
Total Issue Size
42,94,000 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
34,58,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
8,36,000 shares (aggregating up to ₹0.00 Cr.)
DRHP Status
Filed with Exchange

Fascinate Textiles IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Fascinate Textiles IPO Reservation

Promoter Holding

Pre Issue:99.46%
Post Issue:-
Promoter Names:
Mr. Vishal Nahar, Mr. Chirag Ahuja, Mr. Rishabh Nahar, Mr. Narinder Kumar Ahuja, Vishal Nahar HUF

Documents

Fascinate Textiles IPO Valuations

ROE:78.00%
ROCE:42.41%
DEBT/EQUITY:1.74
RONW:55.63%
PAT MARGIN:9.65%

Fascinate Textiles Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets42.2625.4515.77
Total Income60.2828.9021.86
Profit After Tax5.810.480.36
EBITDA10.011.680.93
NET Worth10.454.452.73
Reserves and Surplus9.043.051.53
Total Borrowing18.2112.336.43
Amount in ₹ Crore

About Fascinate Textiles IPO

Incorporated in 2017, Fascinate Textiles Limited is engaged in the manufacturing of readymade garments.

The company's product range spans menswear, womenswear, and childrenswear, with a significant portion of their output focused on garments for children.

The offerings include t-shirts, joggers, vests, leggings, shorts, and infant wear, among others, catering to a variety of end-use segments and age groups.

Product Portfolio:

  • INFANT WEAR
  • KIDS WEAR
  • WOMENS WEAR
  • MENS WEAR

Competitive Strengths:

  • End-to-end manufacturing capability
  • Versatile product range with customisation capabilities
  • Quality control framework
  • Business model-order driven approach
  • Experienced management and workforce
  • Existing relationships with clients

Strength Of Fascinate Textiles IPO

To be announced

Risk Of Fascinate Textiles IPO

To be announced

Objectives Fascinate Textiles IPO

1. Funding Capital Expenditure requirement towards setting up additional manufacturing facility.

2. Funding the working capital requirements

3. Prepayment and repayment of all or a portion of certain secured and unsecured loan

4. General Corporate Purposes

5. To meet the offer related expenses

Company Contact Details

Fascinate Textiles Ltd.
3/A Kutul Sahi Road,
Barasat, Barasat North 24 Parganas,
Barasat-1,
Kolkata, West Bengal, 700124
Phone: +91 82403-01827
Email: compliance@fascinatetextile.in
Website: http://www.fascinatetextile.com/

Registrar Contact Details

Name: Cameo Corporate Services Limited
Phone: +91-44-28460390

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