Fascinate Textiles IPO: Rs 67 Cr Issue Opens Aug 11

Fascinate Textiles is looking to raise up to Rs 67 crore through its Initial Public Offering (IPO), which opens for subscription on August 11, 2026. The issue will offer 42,93,600 shares and will close on August 13, 2026.

IPO Details

• Issue Size: 42,93,600 shares
• Price Band: Rs 148 – 156 per equity share
• Face Value: Rs 10 per share
• Pricing Multiple: 14.80 times (lower end) to 15.60 times (higher end) of face value
• Listing Platform: SME Platform of NSE
• Book Running Lead Manager: Affinity Global Capital Market
• Compliance Officer: Ritika Sharma

The West Bengal-based company specializes in manufacturing readymade garments, offering menswear, womenswear, and a significant portion of childrenswear. Its product range includes t-shirts, joggers, vests, leggings, shorts, and infant wear, catering to diverse end-use segments and age groups.

Fascinate Textiles operates with an ISO 9001:2015 certification, signifying established quality management systems and standardized operational procedures. This certification supports consistent buyer specification adherence, compliance with international trade norms, and facilitates cross-border operations including import and export.

The company develops samples based on buyer themes and internal designs, with production occurring at its manufacturing facility after sample approval. Fascinate Textiles utilizes automated printing and sequencing machines, ensuring consistency and efficiency across its product offerings.

Planned Utilisation of Funds

• Funding working capital requirements
• Prepayment and repayment of certain secured and unsecured loans
• Financing capital expenditure for an additional manufacturing facility
• General corporate purposes
• Meeting offer expenses

The capital raised from this IPO aims to strengthen Fascinate Textiles’ operational capabilities and support its expansion plans.