How to Check Fascinate Textiles IPO Allotment Status
Last Updated: 21st August 2026 - 10:06 am
Fascinate Textiles Limited is a West Bengal-based readymade garment manufacturer incorporated in 2017. The company manufactures apparel across menswear, womenswear and childrenswear, with children's garments forming a significant part of its product portfolio.
Its product range includes T-shirts, joggers, vests, leggings, shorts, infant wear and other knitted and woven garments. The company primarily caters to large-format retailers and wholesalers and operates predominantly as a business-to-business garment manufacturer.
Fascinate Textiles follows a partly integrated manufacturing model. Yarn is procured and sent for knitting and dyeing, while activities such as cutting, printing, sample development, finishing and quality control are undertaken in-house. Its manufacturing operations are based in Barasat, West Bengal.
Fascinate Textiles IPO is a book-built SME issue of approximately ₹64.83 crore at the revised price band. The offer comprises 42.94 lakh equity shares, including a fresh issue of 34.58 lakh shares and an offer for sale of 8.36 lakh shares.
The IPO originally opened on August 11, 2026. The bidding period was subsequently extended to August 19, 2026, while the price band was revised to ₹142 to ₹151 per share.
Following the extension, the basis of allotment was scheduled for August 20, 2026, with refunds and credit of shares expected on August 21. Fascinate Textiles shares are proposed to list on NSE Emerge on August 24, 2026.
The lot size is 800 shares, while the minimum application is 1,600 shares, or two lots. At the upper end of the revised price band, the minimum application amount is ₹2,41,600.
Registrar: Cameo Corporate Services Ltd
NSE: NSE IPO Allotment Status Page
Fascinate Textiles IPO Subscription Status
Fascinate Textiles IPO was subscribed 1.48 times on August 19, 2026, based on the final subscription data provided. The issue saw a substantial difference in demand across investor categories, with Qualified Institutional Buyers recording significantly stronger subscription than NIIs and Individual Investors.
| Date | QIB (Ex Anchor) | NII | Individual Investors | Total |
|---|---|---|---|---|
| Aug 11 (Day 1) | 1.00 | 0.00 | 0.07 | 0.05 |
| Aug 12 (Day 2) | 1.00 | 0.02 | 0.17 | 0.12 |
| Aug 13 (Day 3) | 1.22 | 0.45 | 0.37 | 0.41 |
| Aug 14 (Day 4) | 7.35 | 0.45 | 0.43 | 0.51 |
| Aug 17 (Day 5) | 22.74 | 0.47 | 0.74 | 0.86 |
| Aug 18 (Day 6) | 22.74 | 0.49 | 0.87 | 0.95 |
| Aug 19 (Day 7) | 22.74 | 1.06 | 1.37 | 1.48 |
The QIB category recorded the strongest demand, closing at 22.74 times subscription.
The overall NII category was subscribed 1.06 times. Within this, the larger NII portion for applications above ₹10 lakh was subscribed 1.32 times, while the smaller NII category was subscribed 0.54 times.
Individual Investors subscribed 1.37 times, crossing full subscription on the final day after standing at 0.87 times on Day 6.
Overall subscription moved from just 0.05 times on Day 1 to 1.48 times on Day 7. The final NSE bidding data reported QIB demand of 22.74 times, NII demand of 1.06 times and Individual Investor demand of 1.37 times, matching the final figures provided.
Fascinate Textiles IPO Share Price and Investment Details
Following revisions to the issue terms, the Fascinate Textiles IPO price band was fixed at ₹142 to ₹151 per share. The minimum application was 1,600 shares, with subsequent bids in multiples of 800 shares.
At the upper price of ₹151, the minimum application amount works out to ₹2,41,600 for 1,600 shares.
The issue size at the revised price band is approximately ₹64.83 crore, and the shares are proposed to list on the NSE SME platform on August 24, 2026.
The subscription profile was notably different from several heavily oversubscribed SME IPOs. While institutional demand was strong at 22.74 times, Individual Investor demand stood at 1.37 times and overall NII demand at 1.06 times. The issue ultimately closed at 1.48 times subscription.
Utilisation of IPO Proceeds
Fascinate Textiles proposes to utilise the fresh issue proceeds towards several business requirements, including capital expenditure for setting up an additional manufacturing facility.
A portion of the proceeds is also proposed to be deployed towards funding working capital requirements and prepayment or repayment of certain secured and unsecured loans. The remaining eligible funds will be used for general corporate purposes and offer-related expenses.
Since the IPO also includes an offer-for-sale component of 8.36 lakh shares, the company will not receive proceeds attributable to the shares sold by existing shareholders. The fresh issue comprises approximately 34.58 lakh shares.
Business Overview
Fascinate Textiles operates in India's readymade garments manufacturing industry, producing knitted and woven apparel across multiple age and consumer segments.
Children's clothing represents an important part of its portfolio, while its wider range covers menswear and womenswear as well. Products include T-shirts, joggers, vests, leggings, shorts and infant wear.
The company follows a predominantly B2B business model, supplying garments to large-format retailers and wholesalers. Around 99.75% of its revenue is derived from B2B customers, according to IPO-related company analysis.
Its production model combines outsourced and in-house processes. Knitting and dyeing are outsourced, while key value-added activities including cutting, printing, finishing, quality control and sample development are undertaken internally. Production is generally linked to approved samples and confirmed purchase orders, helping align manufacturing with customer requirements.
The company reported revenue from operations of ₹60.28 crore in FY25, compared with ₹28.90 crore in FY24 and ₹21.86 crore in FY23. Profit after tax increased to approximately ₹5.81 crore in FY25, from ₹0.48 crore in FY24.
Key strengths include its established garment manufacturing operations, diversified apparel portfolio, focus on children's wear, B2B customer base, in-house value-added manufacturing processes and planned capacity expansion.
Investors should also consider risks associated with the relatively small scale of operations, dependence on B2B customers, competition in the fragmented apparel manufacturing industry, fluctuations in yarn and fabric prices, reliance on outsourced knitting and dyeing processes, working-capital requirements and execution risks associated with the proposed manufacturing expansion.
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