Fascinate Textiles IPO
Fascinate Textiles IPO closed on 19 Aug 2026. Allotment 20 Aug 2026, listing 24 Aug 2026. Price band ₹142–₹151, lot 800 shares, GMP +₹0 (0%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · NSE |
| Price band | ₹142–₹151 |
| Lot size | 800 shares |
| Minimum investment | ₹2,41,600 |
| Issue size | ₹66.98 Cr |
| GMP | +₹0 (0%) |
| Open date | 11 Aug 2026 |
| Close date | 19 Aug 2026 |
| Allotment date | 20 Aug 2026 |
| Listing date | 24 Aug 2026 |
| Registrar | CAMEO |
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.
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.