Fascinate Textiles Sets IPO Stage: GMP, Pricing, Allotment Details, and 2026 Profit Estimates Unveiled!
Fascinate Textiles, a garment manufacturer based in West Bengal, is set to launch its IPO from August 11 to August 13, 2026, with a price band of ₹148 to ₹156 per share. The offer comprises a fresh issue of 3,457,600 shares, raising between ₹51.17 crore and ₹53.94 crore, alongside an offer for sale of 836,000 shares, amounting to ₹12.37 crore to ₹13.04 crore. The total size of the IPO ranges from ₹63.55 crore to ₹66.98 crore, with a minimum bid requirement of 1,600 shares, making the lot size 800 shares. The company’s financial performance has shown significant growth, with revenues more than doubling from ₹60.25 crore in FY25 to ₹117.09 crore in FY26, indicating robust business fundamentals.
As of now, the grey market sentiment surrounding the Fascinate Textiles IPO appears to be cautiously optimistic, although specific GMP (Grey Market Premium) figures are not available yet. Given the increasing demand for children’s apparel and the company’s solid B2B revenue model—where 99.75% of its revenue comes from business clients—investors might find the company an attractive opportunity. Furthermore, with operations running efficiently at over 106% capacity utilization, the company’s performance reflects the potential for both scalability and profitability. Investors will be keen to see how the market receives this IPO in light of the company’s future growth prospects and strategic initiatives like international expansion into markets such as Saudi Arabia and the UAE.
For Indian investors, Fascinate Textiles represents a compelling proposition within the garment sector, particularly owing to its integrated manufacturing model and reliance on high-margin children’s wear. Investors considering participation in this IPO should assess the company’s positioning as an OEM manufacturing partner for organized retailers, the financial metrics such as the increasing net income margins, and the planned use of proceeds for working capital and capital expenditures. This IPO could serve as a strategic investment, especially for those looking to diversify portfolios with a focus on sustainable manufacturing practices in the textiles industry.
Source: The Economic Times
(Expert Note: This report was prepared by the Wealthova IPO team.)