Game Changers Texfab Ipo
Game Changers Texfab IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Corpwis Advisors Pvt. Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,44,800 |
| Retail Maximum | 2 | 2,400 | ₹2,44,800 |
| S-HNI Minimum | 3 | 3,600 | ₹3,67,200 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 8,95,200 Shares | 16.65% |
| QIB (Ex. Anchor) | 16,56,000 Shares | 30.80% |
| NII Shares Offered | 7,66,800 Shares | 14.26% |
| Retail Shares Offered | 17,88,000 Shares | 33.26% |
| Anchor Bidding Date | October 27, 2025 |
| Anchor Investors List | |
| Shares Offered | 8,95,200 Shares |
| Anchor Size | 9.13 Cr. |
| lock-in period end date 50% shares (30 Days) | November 30, 2025 |
| lock-in period end date 50% shares (90 Days) | January 29, 2026 |
| IPO Open Date: | October 28, 2025 |
| IPO Close Date: | October 30, 2025 |
| Basis of Allotment: | October 31, 2025 |
| Refunds: | November 3, 2025 |
| Credit to Demat Account: | November 3, 2025 |
| IPO Listing Date: | November 4, 2025 |
| IPO Bidding Cut-off Time: | October 30, 2025 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,25,16,814 | 98.67% |
| Promoter Holding Post Issue | 1,78,92,814 | 69.02% |
| Purpose | Crores |
| Funding working capital requirements | 25.50 |
| Funding capital expenditure | 15.00 |
| General Corporate Purposes including unidentified inorganic acquisitions | – |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹100.58 | ₹99.97 | ₹0.53 | ₹21.82 |
| 2024 | ₹97.86 | ₹92.15 | ₹4.27 | ₹41.37 |
| 2025 | ₹115.59 | ₹99.44 | ₹12.07 | ₹51.32 |
| June 2025 | ₹24.11 | ₹18.69 | ₹4.27 | ₹52.25 |
| KPI | Values |
| ROE: | 80.59% |
| ROCE: | 65.97% |
| EBITDA Margin: | 16.09% |
| PAT Margin: | 10.44% |
| Debt to equity ratio: | 0.27 |
| Earning Per Share (EPS): | ₹9.64 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 80.59% |
| Net Asset Value (NAV): | ₹16.78 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| T T Limited | 0.19 | 54.79 | 0.05% | 0.18 | – Cr. |
| Bhandari Hosiery Limited | 0.32 | 15.19 | 6.10% | 20.57 | – Cr. |
| IPO Open Date | October 28, 2025 |
| IPO Close Date | October 30, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹96 to ₹102 Per Share |
| Issue Size | Approx ₹54.84 Crores |
| Fresh Issue | Approx ₹54.84 Crores |
| Issue Type | Book Built Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |