Kaytex Fabrics IPO Details

Bookbuilding IPO | ₹70 Cr | Listed at NSE SME | Tue, Jul 29, 2025 - Thu, Jul 31, 2025

Kaytex Fabrics IPO Logo

Kaytex Fabrics IPO is a book build issue of ₹69.81 crores. The issue is a combination of fresh issue of 0.32 crore shares aggregating to ₹57.59 crores and offer for sale of 0.07 crore shares aggregating to ₹12.23 crores.

Kaytex Fabrics IPO bidding started from Jul 29, 2025 and ended on Jul 31, 2025. The allotment for Kaytex Fabrics IPO was finalized on Aug 1, 2025. The shares got listed on NSE SME on Aug 5, 2025.

Kaytex Fabrics IPO price band is set at ₹180 per share. The lot size for an application is 800. The minimum amount of investment required by an individual investor (retail) is ₹2,88,000 (1,600 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (2,400 shares), amounting to ₹4,32,000.

Socradamus Capital Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Gretex Share Broking Pvt.Ltd..

Refer to Kaytex Fabrics IPO RHP for detailed Information.

IPO Open

Tue, Jul 29, 2025

IPO Close

Thu, Jul 31, 2025

Issue Price

₹180 per share

Market Cap (Pre-IPO)

₹264.59 Cr

IPO Details

IPO Date29 to 31 Jul, 2025
Listed onTue, Aug 5, 2025
Face Value10 per share
Price Band₹171 to ₹180
Issue Price₹180 per share
Lot Size800 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size38,78,400 shares
(agg. up to ₹70 Cr)
Reserved for Market Maker
1,94,400 shares
(agg. up to ₹3 Cr)
Gretex Share Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
30,04,800 shares
(agg. up to ₹54 Cr)
Offer for Sale6,79,200 shares of ₹10
(agg. up to ₹12 Cr)
Net Offered to Public36,84,000 shares
(agg. up to ₹66 Cr)
Share Holding Pre Issue1,15,00,000 shares
Share Holding Post Issue1,46,99,200 shares
NSE Symbol KAYTEX
ISININE13ZD01013

IPO Timetable

Issue Reservation

Kaytex Fabrics IPO comprises a total issue size of 38,78,400 shares. The net offer to the public is 36,84,000 shares, after excluding 1,94,400 shares allotted on a firm basis. Of the Net offer 15,55,200 (42.21%) are allocated to QIB, 8,08,800 (21.95%) allocated to NII 13,20,000 (35.83%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 15,55,20042.21%40.10%
  − Anchor Investor Shares Offered 9,32,80024.05%
  − QIB (Ex. Anchor) Shares Offered 6,22,40016.05%
NII (HNI) Shares Offered 8,08,80021.95%20.85%
  − bNII > ₹10L 5,39,20013.90%
  − sNII < ₹10L 2,69,6006.95%
Retail Shares Offered 13,20,00035.83%34.03%
Firm Reservations
Market Maker Shares Offered 1,94,4005.01%
Total Shares Offered 38,78,400100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof. 

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 1,600 ₹2,88,000
Individual investors (Retail) (Max) 2 1,600 ₹2,88,000
S-HNI (Min) 3 2,400 ₹4,32,000
S-HNI (Max) 6 4,800 ₹8,64,000
B-HNI (Min) 7 5,600 ₹10,08,000
IPO Subscription Details

IPO Anchor Investors

Kaytex Fabrics IPO raises ₹16.79 crore from anchor investors. Kaytex Fabrics IPO Anchor bid date is July 28, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateMon, Jul 28, 2025
Shares Offered9,32,800
Anchor Portion (₹ Cr.)16.79
Anchor lock-in period end date for 50% shares (30 Days)Sun, Aug 31, 2025
Anchor lock-in period end date for remaining shares (90 Days)Thu, Oct 30, 2025

About Kaytex Fabrics Ltd.

Incorporated in January 1996, Kaytex Fabrics Limited is a fast-fashion manufacturer that combines technology, creative design, and craftsmanship to deliver high-quality textiles.

The company specializes in fabrics from diverse fibres like cotton, viscose, and polyester.

The company offers quality fabrics, ready-to-stitch womenswear, and modern, trendy designs. The company sells its products under the brand names “Rasiya”, “Kaytex”, and “Darbaar-e-Khaas”.

The company supplies quality fabrics, garments like ready-to-stitch suits and co-ord sets, and accessories such as shawls, scarves, and stoles for bulk buyers and retailers without specific branding.

As of March 31, 2025, the company served 455, 447, and 497 customers in Fiscal years 2024, 2023, and 2025, respectively.

Products:

  • Digital Printed Fabrics: Vibrant, customized fabrics with high-resolution prints for diverse applications.
  • Jacquard Fabrics: Intricately woven patterns, durable, suitable for fashion and home.
  • Corduroy Fabrics: Ribbed texture, strong and stylish for apparel and furnishings.
  • Dobby Fabrics: Geometric textures, elegant finish, used in fashion and interiors.
  • Garments: Ready-to-stitch womenswear and accessories, blending tradition with trends.

As of June 30, 2025, the company had 612 permanent employees and workers.

Competitive Strength

  • Single stop solution for customers enabled by an integrated unit with multiple capabilities across digital printing, weaving, jacquards, and embroidery.
  • Early adapter in digital printing technology driving change in the textile market.
  • Cross-segment coverage from Tier 1 cities to rural and branded to unbranded segments.
  • Well established distribution network, low customer concentration and long-standing supplier relationships.
  • Reliable partnerships with suppliers provide quality materials like yarns, dyes, chemicals, inks, and fabrics.
  • Strong partnerships with reliable suppliers providing with quality raw materials like yarns, dyes, chemicals, inks, and greige fabrics.

Company Financials (Restated)

Kaytex Fabrics Ltd.'s revenue increased by 23% and profit after tax (PAT) rose by 49% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets125.2795.9272.98
Total Income153.22125.0399.34
Profit After Tax16.9011.315.59
EBITDA30.0622.4312.79
NET Worth50.0733.5521.14
Reserves and Surplus38.5733.0520.64
Total Borrowing38.1535.5127.01
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding capital expenditure for construction of additional warehouse facility in Amritsa 2.56
2 Funding capital expenditure for construction of dedicated sales office in Amritsar; 3.73
3 Funding capital expenditure towards purchase of advanced fabric processing system for our existing printing, dyeing and processing unit in Amritsar 5.01
4 Funding the incremental working capital requirements; and 30.00
5 General corporate purposes

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)14.7011.50
P/E (x)12.2515.65
Promoter Holding100%78.23%
Market Cap264.59 Cr.
The Individual Promoters of the company are Sanjeev Kandhari and Amit Kandhari.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
KFL is engaged in fast-fashion fabric solutions and manufacturing related products. The company posted growth in its top and bottom lines for the reported periods. Profit margins achieved for FY24 and FY25 raise eyebrows and its sustainability as it is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears aggressively priced. Only well-informed/cash surplus investors may park moderate funds for medium term.
Read detail review...

Kaytex Fabrics IPO Recommendations

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Kaytex Fabrics IPO Subscription Status (Bidding Detail)

The Kaytex Fabrics IPO is subscribed 42.70 times on July 31, 2025 6:19:59 PM (Day 3). The public issue subscribed 47.85 times in the individual investors category, 31.16 times in the QIB category, and 43.19 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB31.166,22,4001,93,93,60031
NII*43.198,08,8003,49,35,2008,319
    bNII (bids above ₹10L)33.937,33,6002,48,92,00047,825
    sNII (bids below ₹10L)37.972,69,6001,02,37,60047,825
Individual Investors47.8513,20,0006,31,60,00039,475
Total42.7027,51,20011,74,88,80047,825

Total Application : 47,825

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Book Running Lead Manager fees including underwriting commission 3.74
2 Brokerage, selling commission and upload fees 0.02
3 Registrar to the Offer 0.02
4 Legal Advisors 0.02
5 Advertising and marketing expenses 5.83
6 Regulators including stock exchanges 0.04
7 Printing and distribution of Offer stationary 0.01
8 Others, if any (market making, depositories, secretarial, peer review auditors, etc.) 0.31

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price180.00
Open144.00
Low136.80
High151.20
Last Trade150.60

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Kaytex Fabrics Ltd. Address
Batala Road,
Post Office
Khanna Nagar
Amritsar, Punjab, 143001
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IPO FAQs

Kaytex Fabrics IPO is a SME IPO of 38,78,400 equity shares of the face value of ₹10 aggregating up to ₹70 Crores. The issue is priced at ₹180 per share. The minimum order quantity is 800.

The IPO opens on Tue, Jul 29, 2025, and closes on Thu, Jul 31, 2025.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Kaytex Fabrics IPO using UPI as a payment gateway. Zerodha customers can apply in Kaytex Fabrics IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Kaytex Fabrics IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Kaytex Fabrics IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Kaytex Fabrics IPO opens on Tue, Jul 29, 2025 and closes on Thu, Jul 31, 2025.

Kaytex Fabrics IPO lot size is 800, and the minimum amount required for application is ₹2,88,000, with 2 lots being the minimum application size.

You can apply in Kaytex Fabrics 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 Kaytex Fabrics IPO will be done on Friday, August 1, 2025, and the allotted shares will be credited to your demat account by Mon, Aug 4, 2025. Check the Kaytex Fabrics IPO allotment status.

The Kaytex Fabrics IPO listing date is on Tue, Aug 5, 2025.

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