Bookbuilding IPO | ₹55 Cr | Listed at BSE SME | Tue, Oct 28, 2025 - Thu, Oct 30, 2025
Game Changers Texfab IPO is a book build issue of ₹54.84 crores. The issue is entirely a fresh issue of 0.54 crore shares of ₹54.84 crore.
Game Changers Texfab IPO bidding started from Oct 28, 2025 and ended on Oct 30, 2025. The allotment for Game Changers Texfab IPO was finalized on Oct 31, 2025. The shares got listed on BSE SME on Nov 4, 2025.
Game Changers Texfab IPO price band is set at ₹102 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,44,800 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,67,200.
Corpwis Advisors Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is NNM Securities Pvt.Ltd..
Refer to Game Changers Texfab IPO RHP for detailed Information.
IPO Open
Tue, Oct 28, 2025
IPO Close
Thu, Oct 30, 2025
Issue Price
₹102 per share
Market Cap (Pre-IPO)
₹182.51 Cr
| IPO Date | 28 to 30 Oct, 2025 |
| Listed on | Tue, Nov 4, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹96 to ₹102 |
| Issue Price | ₹102 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 53,76,000 shares (agg. up to ₹55 Cr) |
| Reserved for Market Maker | 2,70,000 shares NNM Securities Pvt.Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 51,06,000 shares (agg. up to ₹52 Cr) |
| Net Offered to Public | 51,06,000 shares (agg. up to ₹52 Cr) |
| Share Holding Pre Issue | 1,25,16,814 shares |
| Share Holding Post Issue | 1,78,92,814 shares |
| BSE Script Code | 544594 |
| ISIN | INE1GUJ01014 |
Game Changers Texfab IPO comprises a total issue size of 53,76,000 shares. The net offer to the public is 51,06,000 shares, after excluding 2,70,000 shares allotted on a firm basis. Of the Net offer 25,51,200 (49.96%) are allocated to QIB, 7,66,800 (15.02%) allocated to NII 17,88,000 (35.02%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 25,51,200 | 49.96% | 47.46% |
| − Anchor Investor Shares Offered | 8,95,200 | 16.65% | |
| − QIB (Ex. Anchor) Shares Offered | 16,56,000 | 30.80% | |
| NII (HNI) Shares Offered | 7,66,800 | 15.02% | 14.26% |
| − bNII > ₹10L | 5,11,200 | 9.51% | |
| − sNII < ₹10L | 2,55,600 | 4.75% | |
| Retail Shares Offered | 17,88,000 | 35.02% | 33.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,70,000 | 5.02% | |
| Total Shares Offered | 53,76,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,44,800 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,44,800 |
| S-HNI (Min) | 3 | 3,600 | ₹3,67,200 |
| S-HNI (Max) | 8 | 9,600 | ₹9,79,200 |
| B-HNI (Min) | 9 | 10,800 | ₹11,01,600 |
Game Changers Texfab IPO raises ₹9.13 crore from anchor investors. Game Changers Texfab IPO Anchor bid date is October 27, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Oct 27, 2025 |
| Shares Offered | 8,95,200 |
| Anchor Portion (₹ Cr.) | 9.13 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sun, Nov 30, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Thu, Jan 29, 2026 |
Incorporated in 2015, TradeUNO Fabrics is engaged in the B2B marketplace for fabrics and is powered by Game Changers Texfab Pvt. Ltd., a supply chain orchestration company specializing in the fabric industry.
The company specializes in sourcing high-quality fabrics based on customer specifications, selecting suppliers, negotiating prices, and ensuring fabric quality and sustainability for textile production.
The company offers a variety of fabrics, specializing in women's wear and technical textiles, including outdoor and PVC-coated fabrics for applications like awnings, furniture upholstery, tarpaulins, sports goods, and tents.
The company manages over 10 sourcing offices, providing daily and premium fabrics at competitive prices. It also operates two retail stores that serve as sampling centers for fabrics and garments.
Product Portfolio: The company offers over 10,000 designs categorized by fabric type, print, pattern, occasion, color, and specialized collections.
Cotton Fabrics, Silk Fabrics, Satin fabrics, Print and Pattern, Specialized collection (Self-branded), Occasion fabric, Apparel and Accessories.
Business Segment:
Competitive Strengths:
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.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 52.25 | 51.32 | 41.37 | 21.82 |
| Total Income | 24.11 | 115.59 | 97.86 | 100.58 |
| Profit After Tax | 4.27 | 12.07 | 4.27 | 0.53 |
| EBITDA | 6.05 | 18.59 | 6.73 | 1.26 |
| NET Worth | 25.27 | 21.01 | 8.94 | 4.67 |
| Reserves and Surplus | 12.76 | 8.49 | 8.90 | 4.64 |
| Total Borrowing | 9.88 | 5.66 | 5.54 | 6.46 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure | 15.00 |
| 2 | Funding overall working capital requirements | 25.50 |
| 3 | General Corporate Purposes including unidentified inorganic acquisitions | 8.85 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 80.59% |
| ROCE | 65.97% |
| Debt/Equity | 0.27 |
| RoNW | 80.59% |
| PAT Margin | 10.44% |
| EBITDA Margin | 16.09% |
| Price to Book Value | 6.08 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.64 | 9.54 |
| P/E (x) | 10.58 | 10.7 |
| Promoter Holding | 98.67% | 69.01% |
| Market Cap | ₹182.51 Cr. |
The Game Changers Texfab IPO is subscribed 1.17 times on October 30, 2025 5:04:38 PM (Day 3). The public issue subscribed 1.18 times in the individual investors category, 1.01 times in the QIB category, and 1.48 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.01 | 16,56,000 | 16,66,800 | 0 |
| NII* | 1.48 | 7,66,800 | 11,32,800 | 0 |
| bNII (bids above ₹10L) | 1.46 | 5,11,200 | 7,44,000 | |
| sNII (bids below ₹10L) | 1.52 | 2,55,600 | 3,88,800 | |
| Individual Investor | 1.18 | 17,88,000 | 21,14,400 | 0 |
| Total | 1.17 | 42,10,800 | 49,14,000 | 1,050 |
Total Application : 1,050
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLMs (including mandatory underwriting, as applicable) | 0.20 |
| 2 | Fee Payable to the Underwriter to the Issue (including Syndicate Member Fee) | 2.33 |
| 3 | Fee Payable to the Market Maker to the Issue | 0.15 |
| 4 | Fees payable to the Registrar to the Issue | 0.01 |
| 5 | Fees Payable to the Monitoring Agency to the Issue | 0.02 |
| 6 | Advertising and marketing expenses | 2.48 |
| 7 | Listing fees, upload fees, BSE processing fees, book building software fees and other regulatory expenses | 0.19 |
| 8 | Printing and stationery | 0.01 |
| 9 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the issue. Brokerage and selling commission or Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.01 |
| 10 | Fee payable to professionals and experts for confirmations and certifications in relation to the Issue | 0.10 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹102.00 |
| Open | ₹104.15 |
| Low | ₹104.15 |
| High | ₹109.35 |
| Last Trade | ₹109.35 |
Lead Manager Reports
Game Changers Texfab IPO is a SME IPO of 53,76,000 equity shares of the face value of ₹10 aggregating up to ₹55 Crores. The issue is priced at ₹102 per share. The minimum order quantity is 1200.
The IPO opens on Tue, Oct 28, 2025, and closes on Thu, Oct 30, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Game Changers Texfab IPO using UPI as a payment gateway. Zerodha customers can apply in Game Changers Texfab IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Game Changers Texfab IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Game Changers Texfab IPO opens on Tue, Oct 28, 2025 and closes on Thu, Oct 30, 2025.
Game Changers Texfab IPO lot size is 1200, and the minimum amount required for application is ₹2,44,800, with 2 lots being the minimum application size.
You can apply in Game Changers Texfab IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Game Changers Texfab IPO will be done on Friday, October 31, 2025, and the allotted shares will be credited to your demat account by Mon, Nov 3, 2025. Check the Game Changers Texfab IPO allotment status.
The Game Changers Texfab IPO listing date is on Tue, Nov 4, 2025.
