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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. Game Changers Texfab IPO will list on BSE SME with a tentative listing date fixed as Nov 4, 2025.
Game Changers Texfab IPO price band is set at ₹102.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,44,800.00 (2,400 shares) (based on upper price). The minimum lot size investment for 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 Date | October 28, 2025 to October 30, 2025 |
| Listing Date | November 4, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹96 to ₹102 per share |
| Issue Price Final | ₹102 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 53,76,000 shares (aggregating up to ₹54.84 Cr) |
| Reserved for Market Maker | 2,70,000 shares NNM Securities Pvt.Ltd. (aggregating up to ₹2.75 Cr) |
| Net Offered to Public | 51,06,000 shares (aggregating up to ₹52.08 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,25,16,814 shares |
| Share Holding Post Issue | 1,78,92,814 shares |
Game Changers Texfab IPO offers total 53,76,000 shares. Out of which 25,51,200 (47.46%) allocated to QIB, 16,56,000 (30.80%) allocated to QIB (Ex- Anchor), 7,66,800 (14.26%) allocated to NII 17,88,000 (33.26%) allocated to RII and 8,95,200 (16.65%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,70,000 (5.02%) |
| QIB Shares Offered | 25,51,200 (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 (14.26%) |
| − bNII > ₹10L | 5,11,200 (9.51%) |
| − sNII < ₹10L | 2,55,600 (4.75%) |
| Retail Shares Offered | 17,88,000 (33.26%) |
| Total Shares Offered | 53,76,000 (100.00%) |
Game Changers Texfab IPO raises ₹9.13 crore from anchor investors. Game Changers Texfab IPO Anchor bid date is October 27, 2025. Game Changers Texfab IPO Anchor Investors list
| Bid Date | October 27, 2025 |
| Shares Offered | 8,95,200 |
| Anchor Portion Size (In Cr.) | 9.13 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 30, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 29, 2026 |
Game Changers Texfab IPO opens on October 28, 2025, and closes on October 30, 2025.
| IPO Open Date | Tue, Oct 28, 2025 |
| IPO Close Date | Thu, Oct 30, 2025 |
| Tentative Allotment | Fri, Oct 31, 2025 |
| Initiation of Refunds | Mon, Nov 3, 2025 |
| Credit of Shares to Demat | Mon, Nov 3, 2025 |
| Tentative Listing Date | Tue, Nov 4, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Oct 30, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | ||||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 |
| Market Capitalization | 182.51 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.64 | 9.54 |
| P/E (x) | 10.58 | 10.7 |
The Company Game Changers Texfab IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding capital expenditure | 15.00 |
| 2 | Funding overall working capital requirements | 25.50 |
| 3 | General Corporate Purposes including unidentified inorganic acquisitions | 8.85 |
[Dilip Davda] GCTL is engaged in sourcing all kind of fabrics for its customers from third parties. It does not have its own manufacturing unit and thus operating on an asset light model. The issue appears fully priced based on its highly inflated earnings from FY24 onwards. Higher borrowing of Rs. 9.88 cr. as of June 30, 2025 raise alarm. It is operating in a highly competitive and fragmented segment. Only cash surplus/risk seeker/well-informed investors may park moderate funds for short term. Read detail review...
| Listing Date | November 4, 2025 |
| BSE Script Code | 544594 |
| NSE Symbol | |
| ISIN | INE1GUJ01014 |
| Final Issue Price | ₹102 per share |
| BSE Listing Group | M (Rolling) |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹102.00 |
| Open | ₹104.15 |
| Low | ₹104.15 |
| High | ₹109.35 |
| Last Trade | ₹109.35 |
Game Changers Texfab Ltd.
3656-P NO-21,
Hathi Khanna,
Bahadur Garh Road,
Delhi, New Delhi, 110006
Phone: +91 8377936803
Email: compliance@tradeuno.com
Website: http://www.tradeuno.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Game Changers Texfab IPO is a SME IPO of 53,76,000 equity shares of the face value of ₹10 aggregating up to ₹54.84 Crores. The issue is priced at ₹102 per share. The minimum order quantity is 1200.
The IPO opens on October 28, 2025, and closes on October 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 October 28, 2025 and closes on October 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 Monday, November 3, 2025. Check the Game Changers Texfab IPO allotment status.
The Game Changers Texfab IPO listing date is on Tuesday, November 4, 2025.
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