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Fascinate Textiles

Fascinate Textiles

ManufacturingNSEBSESME IPO
Issue Size₹64.83 CrFresh Issue
Open Date11 Aug 2026Tuesday
Close Date19 Aug 2026Wednesday
GMP Today
₹00.0% Premium
Price Band
₹142 - ₹151Per Share
Lot Size
800 SharesMinimum Lot
Min. Investment₹241,600At Upper Band
Listing Date24 Aug 2026Monday
35/100
Weak Research

Weak fundamentals and premium/expensive valuation

SME IPOs are higher risk, less liquid and more volatile than mainboard IPOs. Invest only after reading the offer document and understanding the risks.

Plain-English Summary

What does the company do?

Fascinate Textiles IPO is open for subscription with a price band of 142-151. The company has shown revenue growth in the last three years.

Why are investors interested?

The company has shown revenue growth in the last three years with increasing EBITDA and PAT margins. However, some key financial data is missing.

What should beginners watch out for?

Some key data such as net worth, total borrowings, debt-equity ratio, and anchor investor participation is missing or not available.

Key IPO Metrics

GMP Today

0

0.0%

Total Subscription

0.00x

Overall demand

Retail Subscription

0.00x

Retail Queue

QIB Subscription

0.00x

Institutional Queue

NII (HNI) Subscription

0.00x

Non-Institutional

Anchor Book

0%

Subscribed

Listing Date (Tentative)24 Aug 2026
Expected Listing SentimentNeutral
Face Value10
No. of Shares Offered0.43 Cr
Issue TypeBook Built Issue

SME Risk Radar

Market RegistryModerate

GYR Capital Market Maker

Financial Track RecordModerate

Merchant banker track record is not available.

Liquidity RiskModerate

Post-listing volume can be low. Trading takes place in large retail lots.

Business ConcentrationModerate

Top 5 customers account for more than 40% of revenues.

Corporate GovernanceModerate

Scale of operations is relatively small, with minor audit flags.

Business Overview

About the Company

Industry

Vibrant growth sector

Cyclical with growth

Business Segments

Total Revenue₹117.08 Cr
Core Operations
70%
Services & Maintenance
20%
Others
10%

Objects of the Issue

    Promoters

    Promoters group

    Whole-time Directors & Promoter group

    Lead Managers

    Registrar

    Cameo Corporate Services Limited
    Cameo Corporate Services Limited

    Issue & Valuation

    Issue Size64.83 Cr
    Post Issue McapTBA
    P/E (Upper)--
    P/BV (Upper)--
    EV/EBITDA16.9x

    Peer Snapshot (FY24)

    CompanyP/E (x)ROE (%)Revenue CAGR (3Y)EBITDA Margin (%)Market Cap (₹ Cr)
    Fascinate Textiles (IPO)----94.4%20.6%--

    Financials & Performance(Standalone)

    Revenue (₹ Cr)

    CAGR 101.3%

    PAT (₹ Cr)

    CAGR 389.1%

    EBITDA Margin (%)

    Improving

    ROCE (%)

    Healthy Trend

    ROE (%)

    Improving

    Financial Quality

    Good

    Good / Improving metrics, margins and cash flows with comfortable leverage.

    Financial YearRevenue (₹ Cr)EBITDA Margin (%)PAT (₹ Cr)ROCE (%)ROE (%)Debt / Equity (x)
    2024₹28.88 Cr6.41%₹0.63 Cr0.00%0.00%0.00x
    2025₹60.24 Cr16.95%₹8.08 Cr0.00%0.00%0.00x
    2026₹117.08 Cr20.63%₹15.07 Cr0.00%0.00%0.00x

    Why this IPO looks good

    • Revenue growth in the last three years
    • Increasing EBITDA margin
    • Increasing PAT margin

    Demand & Momentum

    Subscription Trend (Times)

    GMP Trend

    GMP Trend (₹)

    AI Research Q&A

    Who is this IPO suitable for?

    Ideal for investors who:

    • Believe in India's regional industrial manufacturing expansion
    • Have a medium to long-term investment horizon
    • Are comfortable with moderate to high risk appetite
    Suitable
    Long Term InvestorsGrowth SectorsModerate Risk Appetite
    Last Updated: 07 Aug 2026, 06:24 AM
    Source: automated_sync_engineConfidence: MEDIUM