Comparison between Game Changers Texfab IPO and Spunweb Nonwoven IPO.
Game Changers Texfab IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Spunweb Nonwoven IPO is a SME Bookbuilding proposed to list at NSE SME.
| Game Changers Texfab IPO | Spunweb Nonwoven IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Corpwis Advisors Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Game Changers Texfab IPO is up to ₹52.08 Cr whereas the issue size of the Spunweb Nonwoven IPO is up to ₹57.89 Cr. The final issue price of Game Changers Texfab IPO is ₹102.00 per share and of Spunweb Nonwoven IPO is ₹96.00 per share.
| Game Changers Texfab IPO | Spunweb Nonwoven IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹96.00 per share | ₹90.00 per share |
| Issue Price (Upper) | ₹102.00 per share | ₹96.00 per share |
| Issue Price (Final) | ₹102.00 per share | ₹96.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 51,06,000 shares | 60,30,000 shares |
| Fresh Issue Size (Amount) | up to ₹52.08 Cr | up to ₹57.89 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 51,06,000 shares | 60,30,000 shares |
| Issue Size Total (Amount) | up to ₹52.08 Cr | up to ₹57.89 Cr |
Game Changers Texfab IPO opens on Oct 28, 2025, while Spunweb Nonwoven IPO opens on Jul 14, 2025. The closing date of Game Changers Texfab IPO and Spunweb Nonwoven IPO is Oct 30, 2025, and Jul 16, 2025, respectively.
| Game Changers Texfab IPO | Spunweb Nonwoven IPO | |
|---|---|---|
| Anchor Bid Date | Oct 27, 2025 | Jul 11, 2025 |
| Issue Open | Oct 28, 2025 | Jul 14, 2025 |
| Issue Close | Oct 30, 2025 | Jul 16, 2025 |
| Basis Of Allotment (Tentative) | Oct 31, 2025 | Jul 17, 2025 |
| Initiation of Refunds (Tentative) | Nov 03, 2025 | Jul 18, 2025 |
| Credit of Share (Tentative) | Nov 03, 2025 | Jul 18, 2025 |
| Listing date (Tentative) | Nov 04, 2025 | Jul 21, 2025 |
| Anchor Lockin End date 1 | Nov 30, 2025 | Aug 16, 2025 |
| Anchor Lockin End date 2 | Jan 29, 2026 | Oct 15, 2025 |
Game Changers Texfab IPO P/E ratio is 10.58, as compared to Spunweb Nonwoven IPO P/E ratio of 15.79.
| Game Changers Texfab IPO | Spunweb Nonwoven IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Game Changers Texfab Ltd.'s revenue increased by 18% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Spunweb Nonwoven Ltd.'s revenue increased by 47% and profit after tax (PAT) rose by 98% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.67 | 88.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.01 | 65.18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.58 | 15.79 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹182.51 Cr. | ₹231.39 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 80.59% | 31.63% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 65.97% | 33.66% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 2.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.64 | ₹6.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 80.59% | 31.63% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Game Changers Texfab IPO Retail Individual Investors (RII) are offered 17,88,000 shares while in Spunweb Nonwoven IPO retail investors are offered 17,88,000 shares. Qualified Institutional Buyers (QIB) are offered 16,56,000 shares in Game Changers Texfab IPO and 12,02,400 shares in Spunweb Nonwoven IPO.
| Game Changers Texfab IPO | Spunweb Nonwoven IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,95,200 shares | 18,03,600 shares |
| Market Maker Reservation | 2,70,000 shares | 3,21,600 shares |
| QIB | 16,56,000 shares | 12,02,400 shares |
| NII | 7,66,800 shares | 9,07,200 shares |
| RII | 17,88,000 shares | 21,16,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 51,06,000 shares | 60,30,000 shares |
Game Changers Texfab IPO subscribed 1.17x in total, whereas Spunweb Nonwoven IPO subscribed 251.32x.
| Game Changers Texfab IPO | Spunweb Nonwoven IPO | |
|---|---|---|
| QIB (times) | 1.01x | 165.43x |
| NII (times) | 1.48x | 364.58x |
| Big NII (times) | 1.46x | |
| Small NII (times) | 1.52x | |
| RII (times) | 1.18x | 251.84x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.17x | 251.32x |
