Fascinate Textiles IPO Details: Key Dates, Price Band & Investment Overview

By Wealthova | Last Updated: August 7, 2026

Fascinate Textiles Limited is stepping onto the NSE SME platform with a highly anticipated ₹66.99 Crore initial public offering. Established in 2017, the company has rapidly carved out a niche in the readymade apparel manufacturing sector, focusing heavily on high-demand infant and kids’ clothing across India. But as the garment manufacturer turns to the primary markets to fund aggressive manufacturing expansions and tackle working capital needs, the big question remains: Does this textile stock have the right fabric to deliver strong listing gains for retail investors? Below, we strip away the hype and break down the core fundamentals, hidden risks, and our Smart Market Insights to help you decide if you should hit subscribe or steer clear. Let’s dive into the details!



Fascinate Textiles IPO Details

Quick IPO Factsheet

Bidding Opens

August 11, 2026

Bidding Closes

August 13, 2026

Price Band

₹148 to ₹156

Minimum Lot Size

800 Shares

Total Issue Size

₹66.99 Cr

Fresh Issue Size

₹53.94 Cr

Retail Category

35% Allocation

Face Value

₹10 Base

Market Structure

NSE SME IPO



Fascinate Textiles IPO Timeline

IPO Open Date August 11, 2026
IPO Close Date August 13, 2026
Basis of Allotment August 14, 2026
Initiation of Refunds August 17, 2026
Credit to Demat Account August 17, 2026
NSE SME Listing Date August 18, 2026



Deep-Dive Corporate Profile: What the Company Does?

Incorporated in 2017, Fascinate Textiles Limited has rapidly emerged as a quality-driven readymade apparel manufacturer based out of Kolkata, West Bengal. The company specializes in the end-to-end design, development, and bulk production of garments for domestic fashion brands, large-format retailers, and wholesalers.

Core Business Highlights:

  • Product Portfolio Focus: While the company manufactures menswear and womenswear, a significant and highly profitable portion of its output is dedicated to infant and kids' clothing. Their core product catalog includes t-shirts, joggers, vests, leggings, shorts, and specialized infant apparel.
  • B2B Business Model: Fascinate Textiles operates strictly on a business-to-business (B2B) model. By catering directly to the bulk requirements of established retailers and wholesalers across India, the company ensures steady volume growth and healthy operational margins.
  • Integrated Manufacturing Infrastructure: Backed by a workforce of over 185 professionals, the company’s Barasat-based facility integrates crucial value-added activities under one roof. This includes in-house stitching, printing, finishing, packing, and rigorous quality control, enabling a massive production capacity of over 2,50,000 garments per month.
  • Global Standard Certifications: Reinforcing its commitment to quality and ethical manufacturing, the company holds key industry certifications, including ISO 9001 and SEDEX.


Why is the Company Raising Funds? (Objects of the Issue)

The Fascinate Textiles IPO is a book-built SME issue aiming to raise a total of ₹66.99 Crore. This total comprises a Fresh Issue of ₹53.94 Crore and an Offer for Sale (OFS) of ₹13.04 Crore.

The company will directly receive the net proceeds only from the ₹53.94 Crore Fresh Issue, which will be strategically deployed toward the following core business objectives:

  • Working Capital Requirements (₹19.03 Crore): The largest chunk of the fresh capital will be injected into everyday operations to fund massive bulk-order requirements, manage inventory, and smoothen the B2B cash flow cycle.
  • Manufacturing Expansion & Capex (₹12.40 Crore): To meet the surging demand from its retail clients, the company will invest heavily in capital expenditure to set up a brand-new, additional manufacturing facility, significantly boosting its overall installed capacity.
  • Debt Reduction (₹2.68 Crore): A dedicated portion of the funds will be utilized for the prepayment and repayment of certain outstanding secured and unsecured borrowings, which will help reduce the interest burden and improve net profit margins.
  • General Corporate Purposes: The remaining balance will be allocated toward meeting the offer-related expenses and funding unidentified general corporate initiatives.

(Note: The proceeds from the ₹13.04 Crore Offer for Sale will go entirely to the existing promoters and selling shareholders, meaning this portion of the funds will not be invested back into the company's operations.)

💼 Working Capital 35.28%
🏛️ General Corporate 36.76%
🏗️ Capital Expenditure 22.99%
💳 Debt Reduction 4.97%



Company Financials

*All amounts are in ₹ Crores
📅 Period Ended 📈 Total Income 📉 Expense & Tax 💰 PAT 🏦 Assets
FY 2023 ₹21.86 ₹21.50 ₹0.36 ₹15.77
FY 2024 ₹28.90 ₹28.42 ₹0.48 ₹25.45
FY 2025 ₹60.28 ₹54.47 ₹5.81 ₹42.26



Fascinate Textiles IPO Key Performance Indicators (KPIs)

Financial KPI (FY2025)* Value
Return on Equity (ROE) 78.00%
Return on Capital Employed (ROCE) 42.41%
EBITDA Margin 16.57%
PAT Margin 9.65%
Debt to Equity Ratio 1.74
Earnings Per Share (EPS) ₹5.64 (Basic)
Price/Earning (P/E) Ratio ~36.97x (Post-IPO)



💡

Smart Market Insights

Wealthova Verdict: SUBSCRIBE WITH CAUTION

Fascinate Textiles Limited has demonstrated remarkable financial acceleration, with top-line revenue doubling to ₹60.28 Crore and PAT jumping sharply to ₹5.81 Crore in FY25. The company’s specialized focus on infant and kids' apparel provides a strong niche within the B2B readymade garment segment, driving stellar return metrics like an ROE of 78.00% and ROCE of 42.41%. However, investors should approach with measured caution. The dramatic multi-fold surge in FY25 profitability raises questions regarding earnings sustainability, while a relatively high Debt-to-Equity ratio of 1.74 reflects notable operational leverage. At a post-IPO P/E multiple of ~36.97x, the valuation is fully priced for an SME textile player, leaving minimal margin of safety for conservative retail investors.

  • The Bull Case: Niche focus on high-margin infant and children's readymade wear with established B2B retail partnerships across India. Fully integrated Barasat manufacturing plant with in-house stitching, printing, and finishing, backing strong EBITDA margins (16.57%). Fresh proceeds will directly fund capacity expansion and working capital needs.
  • The Bear Case: A sharp, sudden multi-fold jump in profits right before the IPO (FY25 PAT of ₹5.81 Cr vs ₹0.48 Cr in FY24) requires tracking for long-term consistency. High leverage with a 1.74 Debt-to-Equity ratio, combined with intense industry competition, volatile raw material costs (cotton/yarn), and a demanding working capital cycle.

Disclaimer: The information provided above is for educational and informational purposes only and does not constitute financial advice. Public market listings are inherently volatile and carry risk. Wealthova is not a SEBI-registered investment advisor. Always consult with a certified financial planner and conduct your own due diligence before locking up capital in any public issue.



Fascinate Textiles IPO Key Contacts & Advisors

Role / Entity Contact & Details
📋 IPO Registrar Cameo Corporate Services Limited
Website: cameoindia.com
🏢 Company Contact Fascinate Textiles Limited

3/A, Digberia, Kutul Sahi Road, Barasat, Ward No. 29, Kolkata, West Bengal - 700 124

💼 Merchant Bankers Book Running Lead Manager:
  • Affinity Global Capital Market Private Limited



Frequently Asked Questions (FAQs)

What are the opening and closing dates for the Fascinate Textiles IPO?
The Fascinate Textiles IPO opens for subscription on August 11, 2026, and closes on August 13, 2026. The basis of allotment will be finalized on August 14, 2026, with the official stock market listing scheduled for August 18, 2026.
What is the minimum lot size and investment required for retail investors?
Retail investors can apply for a minimum of 1 lot (800 shares). At the upper price band of ₹156 per share, the minimum investment required is ₹1,24,800.
How can I check the allotment status for Fascinate Textiles IPO?
You can check your Fascinate Textiles IPO allotment status online starting August 14, 2026, using any of the following methods:
  1. Wealthova (Recommended): Check directly on the Wealthova IPO Allotment Status Hub using your PAN Card number or Application Number for instant results.
  2. Official Registrar Portal: Visit the official portal of Cameo Corporate Services Limited.
  3. Stock Exchange Web Portals: Verify directly on the official NSE allotment verification pages.
Where will the Fascinate Textiles IPO be listed?
Fascinate Textiles IPO is an SME public issue, and the equity shares will be listed exclusively on the NSE SME platform (Emerge) on August 18, 2026.
What is the total issue size and price band for the IPO?
The total issue size is ₹66.99 Crores (comprising a Fresh Issue of ₹53.94 Crores and an Offer for Sale of ₹13.04 Crores). The price band for the public issue is fixed between ₹148 to ₹156 per share.
Who is the registrar and lead manager for this public issue?
Cameo Corporate Services Limited is acting as the official IPO Registrar, while Affinity Global Capital Market Private Limited is handling the issue as the sole Book Running Lead Manager.