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Game Changers Texfab SME IPO

Game Changers Texfab came to market through an SME IPO that opened on 28 October 2025 and closed on 30 October 2025, and the shares listed on 4 November 2025 on BSE SME. The price band was ₹96 to ₹102 per share and one lot was 1200 shares, so the minimum application was ₹1,22,400. The issue size was ₹54.84 crore. The whole issue was fresh shares, so the money raised went to the company.

Skyline Financial Services Pvt.Ltd was the registrar to the issue, and Corpwis Advisors Pvt.Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹96 to ₹102
Lot size
1200 shares
Minimum investment
₹1,22,400
Face value
₹10 per share
Issue size
₹54.84 crore
Fresh issue
53,76,000 shares (aggregating up to ₹54.84 crore)
Listing at
BSE SME
Registrar
Skyline Financial Services Pvt.Ltd
Lead managers
Corpwis Advisors Pvt.Ltd
Promoter holding before the issue
98.67%

Timeline

Opens
28 October 2025
Closes
30 October 2025
Allotment
31 October 2025
Listing
4 November 2025

Subscription status by day

As of 30 October 2025.

Day
1
2
3

About Game Changers Texfab

Founded in 2015, TradeUNO Fabrics is operating in the B2B market for fabrics and is fueled by Game Changers Texfab Pvt. Ltd., a supply chain orchestration firm that has expertise in the fabric business. The organization specializes in procuring top-class fabrics according to customer orders, selecting vendors, bargaining prices, and maintaining fabric quality and sustainability for textile manufacturing.

The company deals in a range of fabrics, with expertise in women's wear and technical textiles such as outdoor and PVC-coated fabrics for use in awnings, upholstery of furniture, tarpaulins, sports equipment, and tents. The company operates more than 10 sourcing offices that deal in daily and premium fabrics at competitive prices. The company also runs two retail stores that act as sampling centers for garments and fabrics. Product Portfolio:

The firm has more than 10,000 designs organized by fabric type, print, pattern, occasion, color, and specialty collections. Cotton Fabrics, Silk Fabrics, Satin fabrics, Print and Pattern, Specialized collection (Self-branded), Occasion fabric, Apparel and Accessories.

As described in the offer document.

Objects of the issue

  • Funding working capital requirements
  • Funding capital expenditure
  • General Corporate Purposes including unidentified inorganic acquisitions

Financials (₹ crore)

Metric30-Jun-2531-Mar-2531-Mar-2431-Mar-23

Promoters

Mr. Ankur Aggarwal, Mr. Sanjeev Goel, Force Multiplier ECommerce Private Limited. Promoter holding 98.67% before the issue.

Application sizes

Individual (min)
2 lots, 2400 shares, ₹2,44,800
Individual(max)
2 lots, 2400 shares, ₹2,44,800
sHNI(min)
3 lots, 3600 shares, ₹3,67,200
sHNI(max)
8 lots, 9600 shares, ₹9,79,200
bHNI(min)
9 lots, 10800 shares, ₹11,01,600

Valuation

EPS Pre IPO
₹9.64
EPS Post IPO
₹9.54
P/E Pre IPO
10.58
P/E Post IPO
10.7
ROE
80.59%
ROCE
65.97%
RoNW
80.59%
PAT Margin
10.44%
Debt/Equity
0.27
Price/Book
6.08
Market Cap
₹54.84 cr

Registrar and allotment status

Registrar
Skyline Financial Services Pvt.Ltd
Allotment status
https://www.skylinerta.com/ipo.php
Phone
02228511022
Email
ipo@skylinerta.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Game Changers Texfab SME IPO

What is Game Changers Texfab IPO?

Game Changers Texfab IPO was a ₹54.84 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹96–₹102 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,44,800). The IPO was open from October 28 to October 30, 2025 and was subscribed 1.45x. Shares listed on BSE SME on November 4, 2025 at ₹104.15, a 2.1% premium to the issue price of ₹102. Skyline Financial Services Pvt. Ltd.

is the registrar. Corpwis Advisors Pvt. Ltd. is the book running lead manager.

What is the price band of Game Changers Texfab IPO?

The price band of Game Changers Texfab IPO is ₹96 to ₹102 per share.

What is the lot size of Game Changers Texfab IPO?

The lot size of Game Changers Texfab IPO is 1200 shares.

What is the minimum investment for Game Changers Texfab IPO?

The minimum investment for Game Changers Texfab IPO is approximately ₹2,44,800 based on the upper price band.

What is the allotment date of Game Changers Texfab IPO?

The allotment date of Game Changers Texfab IPO is Oct 31, 2025.

How to check Game Changers Texfab IPO allotment status?

You can check Game Changers Texfab IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Game Changers Texfab IPO allotment status on Rupix for quick and easy access.

What was the price band of the Game Changers Texfab SME IPO?

₹96 to ₹102 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Game Changers Texfab SME IPO?

One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,22,400. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Game Changers Texfab SME IPO?

₹1,22,400, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Game Changers Texfab SME IPO open and close?

It opened on 28 October 2025 and closed on 30 October 2025.

When was the allotment of the Game Changers Texfab SME IPO?

The basis of allotment was published on 31 October 2025 by Skyline Financial Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.

When did Game Changers Texfab list on BSE SME?

The shares listed on 4 November 2025 on BSE SME.

How large was the Game Changers Texfab SME IPO?

The issue size was ₹54.84 crore. The fresh issue was 53,76,000 shares (aggregating up to ₹54.84 crore).