Comparison between Game Changers Texfab IPO and Taurian MPS IPO.
Game Changers Texfab IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Taurian MPS IPO is a SME Bookbuilding proposed to list at NSE SME.
| Game Changers Texfab IPO | Taurian MPS 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. | Gretex Corporate Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Gretex Share Broking Pvt.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 Taurian MPS IPO is up to ₹37.41 Cr. The final issue price of Game Changers Texfab IPO is ₹102.00 per share and of Taurian MPS IPO is ₹171.00 per share.
| Game Changers Texfab IPO | Taurian MPS IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹96.00 per share | ₹162.00 per share |
| Issue Price (Upper) | ₹102.00 per share | ₹171.00 per share |
| Issue Price (Final) | ₹102.00 per share | ₹171.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 800 shares |
| Fresh Issue Size | 51,06,000 shares | 21,88,000 shares |
| Fresh Issue Size (Amount) | up to ₹52.08 Cr | up to ₹37.41 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 | 21,88,000 shares |
| Issue Size Total (Amount) | up to ₹52.08 Cr | up to ₹37.41 Cr |
Game Changers Texfab IPO opens on Oct 28, 2025, while Taurian MPS IPO opens on Sep 09, 2025. The closing date of Game Changers Texfab IPO and Taurian MPS IPO is Oct 30, 2025, and Sep 11, 2025, respectively.
| Game Changers Texfab IPO | Taurian MPS IPO | |
|---|---|---|
| Anchor Bid Date | Oct 27, 2025 | Sep 04, 2025 |
| Issue Open | Oct 28, 2025 | Sep 09, 2025 |
| Issue Close | Oct 30, 2025 | Sep 11, 2025 |
| Basis Of Allotment (Tentative) | Oct 31, 2025 | Sep 12, 2025 |
| Initiation of Refunds (Tentative) | Nov 03, 2025 | Sep 15, 2025 |
| Credit of Share (Tentative) | Nov 03, 2025 | Sep 15, 2025 |
| Listing date (Tentative) | Nov 04, 2025 | Sep 16, 2025 |
| Anchor Lockin End date 1 | Nov 30, 2025 | Oct 11, 2025 |
| Anchor Lockin End date 2 | Jan 29, 2026 | Dec 10, 2025 |
Game Changers Texfab IPO P/E ratio is 10.58, as compared to Taurian MPS IPO P/E ratio of 11.29.
| Game Changers Texfab IPO | Taurian MPS 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)Taurian MPS Ltd.'s revenue increased by 67% and profit after tax (PAT) dropped by 16% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 98.67 | 88.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.01 | 63.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.58 | 11.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹182.51 Cr. | ₹151.90 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 80.59% | 35.44% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 65.97% | 31.64% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 0.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.64 | ₹15.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 80.59% | 27.69% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Game Changers Texfab IPO Retail Individual Investors (RII) are offered 17,88,000 shares while in Taurian MPS 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 4,36,800 shares in Taurian MPS IPO.
| Game Changers Texfab IPO | Taurian MPS IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,95,200 shares | 6,55,200 shares |
| Market Maker Reservation | 2,70,000 shares | 2,99,200 shares |
| QIB | 16,56,000 shares | 4,36,800 shares |
| NII | 7,66,800 shares | 3,29,600 shares |
| RII | 17,88,000 shares | 7,66,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 51,06,000 shares | 21,88,000 shares |
Game Changers Texfab IPO subscribed 1.17x in total, whereas Taurian MPS IPO subscribed 11.69x.
| Game Changers Texfab IPO | Taurian MPS IPO | |
|---|---|---|
| QIB (times) | 1.01x | 15.89x |
| NII (times) | 1.48x | 17.37x |
| Big NII (times) | 1.46x | 21.39x |
| Small NII (times) | 1.52x | 9.30x |
| RII (times) | 1.18x | 6.86x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.17x | 11.69x |
