Fascinate Textiles IPO
Live SMEAlready have an account? Apply now
Fascinate Textiles IPO details
Schedule of Fascinate Textiles
| Issue open date | 11 Aug 2026 |
| Issue close date | 13 Aug 2026 |
| UPI mandate deadline | 13 Aug 2026 (5 PM) |
| Allotment finalization | 14 Aug 2026 |
| Refund initiation | 17 Aug 2026 |
| Share credit | 17 Aug 2026 |
| Listing date | 18 Aug 2026 |
| Mandate end date | 28 Aug 2026 |
| Lock-in end date for anchor investors (50%) | 12 Sep 2026 |
| Lock-in end date for anchor investors (remaining) | 11 Nov 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 Fascinate Textiles
Fascinate Textiles Limited is a West Bengal-based company engaged in the manufacturing of readymade garments. Its diverse product portfolio covers menswear, womenswear, and childrenswear, with a significant focus on clothing for children. The product range includes t-shirts, joggers, vests, leggings, shorts, and infant wear, catering to various age groups. The company’s revenue is generated through the sale of these garments to large-format retailers and wholesalers in the local market. Its manufacturing process involves procuring yarn, which is outsourced for knitting and dyeing, followed by in-house operations such as cutting, printing, stitching, and finishing at its Barasat facility. The company develops samples from its own designs and in response to buyer requirements, and its operations are ISO 9001:2015 certified for quality management systems.
Financials of Fascinate Textiles
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 66.98 |
| Fresh Issue – Proceeds go to the company | 53.94 |
| Offer for sale – Proceeds go to the existing investors | 13.04 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| CapEx for additional manufacturing facility | 12.4 (22.99%) |
| Working capital requirements | 19.03 (35.28%) |
| Repayment of secured and unsecured loans | 2.68 (4.97%) |
| General corporate purposes | 19.83 (36.76%) |
Strengths
- Integrated manufacturing capability with key operations managed in-house for quality and timeline control.
- Versatile product portfolio across menswear, womenswear, and childrenswear with customization capabilities.
- Structured, multi-stage quality control framework managed by a third-party partner at every production stage.
- Order-driven production model that minimizes unsold inventory risks and overproduction.
- Strategic locational advantage in West Bengal with access to skilled local labor and Kolkata’s transport networks.
Risks
- Concentration of all manufacturing operations in a single facility located at Barasat, West Bengal.
- Vulnerability of production schedules to any breakdown, obsolescence, or damage of specialized machinery.
- High concentration of revenue from West Bengal and Karnataka with limited geographical diversification.
- Significant dependency on the continuous leadership, industry expertise, and majority ownership of its promoters.
- Substantial working capital requirements with no alternative funding arrangements established.
Subscription Figures for Fascinate Textiles
Grey Market Premium (GMP) is an unofficial and unregulated metric that may not accurately reflect investor interest. Instead, investors should refer to the IPO subscription data published by the stock exchanges, which is a more reliable indicator of demand.
Subscription numbers as of 05:00 PM on August 11, 2026:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 0.43 | 0.43 | 1x |
| NII | 16.16 | 0 | 0x |
| Retail | 24.19 | 1.60 | 0.07x |
| Total | 40.78 | 2.10 | 0.05x |