Fascinate Textiles IPO Details

SME NSE

Fascinate Textiles IPO Summary

Fascinate Textiles Logo | Fascinate Textiles IPO Details, Date, Price, GMP, Live Subscription

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.

Fascinate Textiles IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

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 Pvt Ltd. 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 Shares
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Pre-issue Shareholding
1,03,03,293 shares
Post-issue Shareholding
1,37,61,293 shares
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

Fascinate Textiles IPO Valuations

ROE78.00%
ROCE42.41%
DEBT/EQUITY1.74
RONW55.63%
PAT MARGIN9.65%

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 Ltd
Phone:
+91-44-28460390

Fascinate Textiles FAQs

The Fascinate Textiles IPO is a SME public issue comprising 4294000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Cameo Corporate Services Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The Fascinate Textiles IPO opens on TBA.

Fascinate Textiles IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Fascinate Textiles IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Fascinate Textiles IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Fascinate Textiles IPO allotment status for updates.

The listing date for the Fascinate Textiles IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Fascinate Textiles IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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