Fascinate Textiles IPO: Rs 67 Cr Launch Aug 11 on NSE Emerge
By ThePip Desk
Fascinate Textiles IPO launches August 11, 2026, aiming to raise Rs. 66.98 crore on NSE Emerge. Funds for expansion, acquisitions, and debt repayment.
Kolkata’s Fascinate Textiles Limited is launching its Initial Public Offering on August 11, 2026, targeting Rs. 66.98 crore. The apparel manufacturer will close its IPO on August 13, 2026, with shares set to list on the NSE Emerge platform.
IPO at a Glance
- Total Issue Size: 42,93,600 shares
- Fresh Issue Component: 34,57,600 shares
- Offer for Sale Component: 8,36,000 equity shares
- Price Band: Rs. 148 to Rs. 156 per equity share
The net proceeds from the fresh issue are earmarked for several strategic initiatives. These include financing inorganic growth through acquisitions and funding capital expenditure for a new manufacturing facility. Additional funds will meet working capital needs and repay certain secured and unsecured borrowings.
Funding Allocation
- New Manufacturing Facility: Rs. 12.40 crore
- Working Capital Requirements: Rs. 19.03 crore
- Debt Repayment: Rs. 2.67 crore
Founded in 2017 by Vishal Nahar, Fascinate Textiles specializes in a diverse range of garments. This includes menswear, womenswear, and childrenswear, all produced from its integrated manufacturing facility. The company also develops customized apparel collections for clients, supplying both domestically and internationally.
For the financial year ending March 31, 2025, Fascinate Textiles reported a revenue of Rs. 60.25 crore. Its net profit for the same period reached Rs. 5.81 crore, indicating a solid performance ahead of its public offering.
Key IPO Dates
- Basis of Allotment Finalization: August 14, 2026
- Refunds and Demat Account Credit: August 17, 2026
- Listing on NSE Emerge: August 18, 2026