Game Changers Texfab IPO Sees Moderate Demand, Subscribed 1.17x by Day 3

No image 5paisa Capital Ltd

Last Updated: 31st October 2025 - 09:36 am

2 min read

Game Changers Texfab Limited's initial public offering (IPO) has demonstrated moderate investor interest through its third day of subscription. The stock price band is set at ₹96-102 per share. The ₹54.84 crore IPO reached 1.17 times by 5:04:38 PM on day three. 

Game Changers Texfab IPO non-institutional investors segment leads with a moderate 1.48 times subscription. Individual investors demonstrated moderate participation at 1.18 times. Qualified institutional buyers (ex-anchor) showed marginal interest at 1.01 times.

Game Changers Texfab IPO subscription reached moderate 1.17 times on day three. It was led by Non-Institutional Investors (1.48x), Individual Investors (1.18x), and Qualified Institutional Buyers Ex-Anchor (1.01x). Total applications reached 1,050.

Subscription Status of Game Changers Texfab IPO:

Date QIB (Ex Anchor) NII NII (> ₹10L) NII (< ₹10L) Retail Total
Day 1 (October 28) 0.00 0.40 0.57 0.08 0.40 0.24
Day 2 (October 29) 0.06 0.43 0.26 0.76 0.66 0.38
Day 3 (October 30) 1.01 1.48 1.46 1.52 1.18 1.17

Here are the subscription details for Game Changers Texfab IPO as of Day 1 (October 29, 2025, 5:04:34 PM):

Investor Category Subscription (times) Shares Offered Shares bid for Total Amount (₹ Cr.)
Anchor Investors 1.00 8,95,200 8,95,200 9.13
QIB (Ex Anchor) 1.01 16,56,000 16,66,800 17.00
Non-Institutional Buyers 1.48 7,66,800 11,32,800 11.56
Retail Investors 1.18 17,88,000 21,14,400 21.57
Total 1.17 42,10,800 49,14,000 50.12

Key Highlights - Day 3:

  • Overall subscription reached moderate 1.17 times, showing substantial improvement from day two's 0.38 times
  • Small NIIs (bids below ₹10L) showing stronger participation at 1.52 times compared to big NIIs at 1.46 times
  • Individual investors displaying moderate confidence at 1.18 times, building substantially from day two's 0.66 times
  • Qualified institutional buyers (ex-anchor) showing marginal growth at 1.01 times, building substantially from day two's 0.06 times
  • Total applications reached 1,050, indicating modest investor participation for this SME IPO
  • Cumulative bid amount reached ₹50.12 crores, marginally below the issue size of ₹54.84 crores

Key Highlights - Day 2:

  • Overall subscription reaching weak 0.38 times, showing moderate improvement from day one's 0.24 times
  • Individual investors displaying weak confidence at 0.66 times, building moderately from day one's 0.40 times
  • Non-institutional investors showing weak performance at 0.43 times, remaining largely unchanged from day one's 0.40 times
  • Qualified institutional buyers (ex-anchor) showing negligible participation at 0.06 times, barely improving from day one's 0.00 times

Key Highlights - Day 1:

  • Overall subscription reached weak 0.24 times, showing muted initial investor interest
  • Qualified institutional buyers showing no participation at 0.00 times, indicating lack of institutional appetite
  • Individual investors displaying weak confidence at 0.40 times, showing subdued retail sentiment
  • Non-institutional investors showing weak performance at 0.40 times, with big NIIs at 0.57 times outperforming small NIIs at 0.08 times


About Game Changers Texfab Limited

Established in 2015, Game Changers Texfab Limited operates TradeUNO Fabrics, a B2B marketplace for fabrics powered by a supply chain orchestration company specializing in the fabric industry. The company sources high-quality fabrics based on customer specifications, manages over 10 sourcing offices, and operates two retail stores serving as sampling centers. Services include fabric sourcing for women's wear and technical textiles, with a product portfolio of over 10,000 designs.
 

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