Kaytex Fabrics IPO
Open SmeCurrent GMP
₹15 (+8.33%)
Price Band
₹ 171 – 180
Lot Size
800
Issue Size
₹69.81 Cr
Minimum Investment
₹288000 (1600 Shares)
Listing Date
05 August 2025
Subscription
31.37x
About the Company
Kaytex Fabrics Limited, founded in 1996 in Amritsar, Punjab, is a fast-fashion fabric solutions and manufacturing company. It integrates technology, design, and traditional craftsmanship to deliver high-quality textiles and fashion products. The company manages the entire value chain—from yarn to finished fabric—allowing for quick market responsiveness and product customization.
Core Offerings
Kaytex specializes in fabrics made from cotton, viscose, modal, nylon, linen, acrylic, and polyester. The company has expanded beyond fabrics to include ready-to-stitch womenswear, co-ord sets, shawls, scarves, and stoles.
Key Products:
- Digital Printed Fabrics – Customizable, vibrant designs for apparel, home décor, sportswear, advertising, and more.
- Jacquard Fabrics – Woven with intricate patterns using computerized jacquard looms.
- Corduroy & Dobby Fabrics – Stylish and durable with unique textures.
- Garments – Ready-to-stitch womenswear and accessories tailored to fashion trends.
Technological Capabilities
Kaytex uses advanced textile technologies to support its operations:
- Digital Printing (Hopetech): High-resolution, customizable prints on cotton, viscose, and polyester.
- Weaving (Sulzer looms): Produces strong, quality fabric with various weave types.
- Jacquard Weaving (Sulzer, Vamatex, Somet): Enables complex, multi-color woven patterns.
- Computerised Embroidery (Zhejiang Yuelong): Adds custom motifs with speed and consistency.
- Dyeing & Processing (Harish): Includes jigger dyeing, jet dyeing, mercerizing, and sanforizing.
Business Model & Market Segments
Kaytex operates across three strategic pillars:
- Brand Enabler: Supplies fabrics and design solutions to other apparel brands.
- Own Brands: Operates brands like “Rasiya”, “Kaytex”, and “Darbaar-e-Khaas”, catering to Tier 2 and Tier 3 cities in North India.
- Non-Branded Segment: Sells unbranded fabric and garments in bulk to wholesalers and retailers.
This model allows the company to serve diverse markets—from urban fashion brands to rural and semi-urban consumers.
- Employees (as of June 30, 2025): 612 permanent workers
Competitive Strengths
- Integrated manufacturing setup with digital printing, weaving, jacquard, and embroidery.
- Strong presence across urban and rural markets, both branded and unbranded segments.
- Well-established distribution network and low customer concentration.
- Long-standing supplier relationships ensuring reliable access to raw materials.
- Agile design and production model enabling quick adaptation to market trends.
Kaytex Fabrics Limited stands out as a versatile, tech-enabled, and trend-responsive textile company, well-positioned to capitalize on India’s growing demand for fast fashion, customization, and sustainable textile solutions.
Promoters
- Sanjeev Kandhari
- Amit Kandhari
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.61%
Objects of the Issue
The Company Kaytex Fabrics IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding capital expenditure for construction of additional warehouse facility in Amritsar
- Funding capital expenditure for construction of dedicated sales office in Amritsar
- Funding capital expenditure towards purchase of advanced fabric processing system for our existing printing, dyeing and processing unit in Amritsar
- Funding the incremental working capital requirements
- General corporate purposes
Address / Contact Info
Kaytex Fabrics Limited
Batala Road, Post Office Khanna Nagar,
Amritsar – 143001,
Punjab, India
Phone: 01834009025
Email: investor@kaytexfabrics.com
Website: https://kaytexfabrics.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 29 July 2025
IPO Close Date
Thursday, 31 July 2025
Basis of Allotment
Friday, 01 August 2025
Initiation of Refunds
Monday, 04 August 2025
Credit of Shares to Demat
Monday, 04 August 2025
Listing Date
Tuesday, 05 August 2025 — NSE & BSE
Important Dates
Open Date
29 July 2025
Close Date
31 July 2025
Basis Of Allotment
01 August 2025
Listing Date
05 August 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 125.27 | 95.92 | 72.98 |
| Revenue | 153.22 | 125.03 | 99.34 |
| Profit After Tax | 21.91 | 15.2 | 8.2 |
| Net Worth | 50.07 | 33.55 | 21.14 |
| Reserve & Surplus | 38.57 | 33.05 | 20.64 |
| Total Borrowings | 38.15 | 35.51 | 27.01 |
EPS Pre
14.70%
EPS Post
14.91%
P/E Pre
9.45
P/E (Post Issue)
12.07x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 40.43 | 41.36 | 30.48 |
| ROCE % | 33.25 | 32.72 | 25.81 |
| Debt / Equity | 0.76 | 1.06 | 1.28 |
| RoNW % | 33.76 | 33.71 | 26.45 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 11.06 | 9.05 | 5.64 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 1622400 | 43.25 | 0 |
| Non-Institutional | 808800 | 21.56 | 0 |
| BNII | 539200 | 14.37 | 0 |
| SNII | 269600 | 7.19 | 0 |
| Retail Investors | 1320000 | 35.19 | 0 |
| Total | 3751200 | 100 | 0 |
Subscription Status ( Thu, 31 Jul 25 01:32 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1622400 | 19393600 | 11.95x |
| Non-Institutional | 808800 | 35129600 | 43.43x |
| BNII | 539200 | 24892000 | 46.16x |
| SNII | 269600 | 10237600 | 37.97x |
| Retail Investors | 1320000 | 63160000 | 47.85x |
| Total | 3751200 | 117683200 | 31.37x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Kaytex Fabrics Ltd | 10 | 0.00 | 14.70 | 14.70 | 33.76 | 43.54 |
| Veekayem Fashion and Apparels Ltd | 10 | 18.92 | 13.01 | 13.01 | 13.76 | 95.44 |
| Banswara Syntex Ltd | 5 | 23.20 | 6.25 | 6.25 | 3.83 | 163.11 |
| Donear Industries Ltd | 2 | 17.57 | 6.13 | 6.13 | 13.59 | 45.14 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | 288,000.00 |
| Retail (Max) | 2 | 1,600 | 288,000.00 |
| S-HNI (Min) | 3 | 2,400 | 432,000.00 |
| S-HNI (Max) | 6 | 4,800 | 864,000.00 |
| B-HNI (Min) | 7 | 5,600 | 1,008,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Socradamus Capital Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Kaytex Fabrics IPO is a Book-building IPO worth ₹69.81 crores. The price band is ₹171 to 180 per share. The IPO opens on Tue, Jul 29, 2025 and closes on Thu, Jul 31, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Kaytex Fabrics IPO opens on Tue, Jul 29, 2025 and closes on Thu, Jul 31, 2025
Kaytex Fabrics IPO Price Band is ₹171 to 180.
Kaytex Fabrics IPO lot size is 800, and the minimum amount required for application is ₹288000.
The minimum investment for Kaytex Fabrics IPO is approximately ₹288000 based on the upper price band.
To apply for the Kaytex Fabrics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Jul 31, 2025. After submission, funds are blocked until the basis of allotment of Kaytex Fabrics IPO is finalised.
Kaytex Fabrics IPO issue size is ₹69.81 crores.
Kaytex Fabrics IPO allotment date is Sat, Jun 27, 2026.
The registrar for Kaytex Fabrics IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Kaytex Fabrics IPO through their official website or helpline.
The Kaytex Fabrics IPO GMP (Grey Market Premium) is ₹15 as of Tue, Aug 5, 2025. Based on the upper price band of ₹180 per share, the estimated Kaytex Fabrics IPO listing price is ₹195, indicating a potential listing gain of approximately 31% over the issue price.