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Game Changers Texfab IPO

Game Changers Texfab IPO

smelisted
Registrar: Skyline Financial Services Private Limited · Listing 2025-11-04
IPO Timeline
Today · 20 Oct 2026
Opens
28 Oct 2025
Closes
30 Oct 2025
Allotment
31 Oct 2025
Refund
03 Nov 2025
Demat
03 Nov 2025
Listing
04 Nov 2025
Price Band
₹96–102
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹122,400
Subscription
0x
Issue Size
₹54 Cr
Open
2025-10-28
Close
2025-10-30
Listing
2025-11-04

About the company

Game Changers TexFab specialises in sourcing high-quality fabrics according to customer requirements, with a major emphasis on women's wear and technical textiles, including outdoor and PVC-coated fabrics. It has a network of 10+ sourcing offices and 500+ suppliers. With two retail experience stores and an online store with 10,000+ designs, the company caters to sampling, ready-made and half-stitched garments, and also custom-made-to-measure solutions. It has two brands under its name, “TradeUNO” and “Fall in Love”. Region-wise, the revenue was led by Haryana with 76.13%. B2B sales accounted for 81.03% whereas B2C sales accounted for 18.97% of the revenue as of June 30, 2025. The company follows a deemed manufacturing model, with a network of 6 deemed manufacturing units. ‘Deemed Manufacturing Model’ refers to a business arrangement where the company outsource its manufacturing activities to a third-party manufacturer, without owning or operating any manufacturing facility. In this model, the third-party manufacturer is responsible for the production of goods on the company’s behalf.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      QIB0x
      NII0x
      EMP0x
      OTHER0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 04 Nov 2025
      Listed 350 days ago
      1. IPO Opens

        Completed
        28 Oct 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        30 Oct 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        31 Oct 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        03 Nov 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        03 Nov 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        04 Nov 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹102
      Min Investment (1 lot)
      ₹122,400
      Price Band
      ₹96–102
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹122,400
      Max amount
      ₹122,400
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹244,800
      Max amount
      ₹244,800

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹27 Cr
      Shares offered
      2,727,273
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹8.1 Cr
      Shares offered
      818,182
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹18.9 Cr
      Shares offered
      1,909,091
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).