Game Changers Texfab IPO
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Game Changers Texfab IPO details
Schedule of Game Changers Texfab
| Issue open date | 28 Oct 2025 |
| Issue close date | 30 Oct 2025 |
| UPI mandate deadline | 30 Oct 2025 (5 PM) |
| Allotment finalization | 31 Oct 2025 |
| Refund initiation | 03 Nov 2025 |
| Share credit | 03 Nov 2025 |
| Listing date | 04 Nov 2025 |
| Mandate end date | 14 Nov 2025 |
| Lock-in end date for anchor investors (50%) | 30 Nov 2025 |
| Lock-in end date for anchor investors (remaining) | 29 Jan 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Game Changers Texfab
Game Changers Texfab Limited, founded in 2015, sources and supplies premium fabrics and garments. The company was started by Mrs. Kavita Aggarwal and later acquired by promoters Mr. Sanjeev Goel and Mr. Ankur Aggarwal, who bring a combined 40+ years of experience in technology and textiles. It specializes in women’s wear and technical fabrics such as PVC-coated and outdoor materials.
With over 10 sourcing offices and two retail experience stores, the company offers ready-made, semi-stitched, and made-to-measure garments. Its online platform features 10,000+ designs and 500+ suppliers. Operating on an asset-light “Deemed Manufacturing” model, it stays flexible, scalable, and cost-efficient.
The company manages two brands -TradeUNO, known for premium fabrics, and Fall in Love, launched in 2024, offering personalized ready-to-wear apparel. By blending fashion, technology, and customer focus, Game Changers Texfab Limited positions itself as a modern textile innovator combining quality, creativity, and efficiency.
Financials of Game Changers Texfab
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹54.84 crores |
| Fresh Issue | ₹54.84 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Working Capital Requirement | 25.50 (46.5%) |
| Funding capital expenditure | 15 (27.4%) |
| General Corporate Purposes | 14.34 (26.1%) |
Strengths
- Wide product range covering women’s wear and technical textiles such as PVC and outdoor fabrics.
- Asset-light model with six deemed manufacturing units ensuring scalability and cost efficiency.
- Tech-driven sourcing and sales platform (TradeUNO) enhancing digital visibility and customer experience.
- Strategic tie-ups with global suppliers in China for high-quality technical fabrics.
- Experienced promoters with strong backgrounds in textiles and technology innovation.
Risks
- Dependence on a few suppliers and third-party manufacturing units may impact quality and supply.
- Intense competition in textile and e-commerce markets may affect margins.
- Exposure to economic, trade, and geopolitical risks affecting fabric sourcing and exports.
- Working capital–intensive operations with high inventory requirements.
- Relatively new public company with limited operating history under the current structure.
Allotment Status for Game Changers Texfab
To check your allotment status – click here.
Subscription Figures for Game Changers Texfab
As per media reports (Link), the Grey Market Premium (GMP) of Game Changers Texfab is reported at ₹0 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on October 30, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 16.56 | 16.66 | 1.01x |
| NII | 10.36 | 14.02 | 1.35x |
| Retail | 17.88 | 21.16 | 1.18x |
| Total | 44.80 | 51.86 | 1.16x |