IPO Details
Bidding Dates
29 Jul 25 - 31 Jul 25
Lot Size
1600
Price Range ₹
171 - 180
Exchange Status
NSE
Total Equity
₹ 69.81Cr
IPO Doc
IPO Timeline
Listing
--
Offer start
29 Jul 2025
Offer end
31 Jul 2025
Allotment
01 Aug 2025
Refund initiation
04 Aug 2025
Demat transfer
04 Aug 2025
Listing
--
Offer start
29 Jul 2025
Offer end
31 Jul 2025
Allotment
01 Aug 2025
Refund initiation
04 Aug 2025
Demat transfer
04 Aug 2025
About Company
Kaytex Fabrics Limited, incorporated in January 1996, is a fast-fashion textile manufacturer that integrates technology, design, and craftsmanship to produce high-quality fabrics and garments. It specializes in a wide range of fabrics—including cotton, viscose, polyester, and blends—and offers ready-to-stitch womenswear and accessories under the brands Rasiya, Kaytex, and Darbaar-e-Khaas. The company caters to both branded and unbranded markets, from Tier 1 cities to rural areas, and has a diverse B2B customer base. As of March 31, 2025, the company has shown strong growth: Revenue rose 23% YoY PAT increased 44% YoY Served 497 customers in FY25 Employs 612 permanent workers Its IPO proceeds will go toward expanding infrastructure, upgrading technology, and enhancing working capital.
Year Founded
29-01-1996
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 100 | 0 |
| Share Capital | 11500000 | 0 |
Offer to Public
38,78,400.00 Cr
Project Details
- Funding capital expenditure for construction of additional warehouse facility in Amritsar - 25.555cr
- Funding capital expenditure towards purchase of advanced fabric processing system for our existing - 50.1cr
- Funding our incremental working capital requirements - 300cr
- Funding capital expenditure for construction of dedicated sales office in Amritsar - 37.32cr
Objectives
- 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 our incremental working capital requirements
- andGeneral corporate purposes.
Highlights
- In-house capabilities in digital printing, weaving, jacquard, and embroidery make it a one-stop solution for textile needs.
- Revenue and PAT have grown consistently over three years (FY23–FY25).
- Serves both urban and rural markets, branded and unbranded segments.
- Long-standing relationships with suppliers ensure consistent quality and reliable material sourcing (yarns, dyes, inks, greige fabrics).
- Offers a variety of textiles (corduroy, jacquard, dobby, digital prints) and garments (suits, co-ords, shawls, scarves), catering to evolving fashion trends.
Challenges
- Debt-to-equity ratio of 0.76 indicates some reliance on borrowing, which could limit flexibility during downturns.
- The company is raising ₹30 crore to meet working capital needs, hinting at liquidity constraints or growth-driven capital pressure.
- Fluctuation in customer numbers (447 in FY23 to 455 in FY24 and 497 in FY25) may reflect changing demand or dependency on bulk orders.
- Most operations and expansion plans are centered around Amritsar, which could pose risks from regional disruptions or regulatory challenges.
- P/E ratio increases from 9.45 to 12.07 post-IPO, which may concern value-conscious investors depending on future growth sustainability.
