By 13:00 on the last day of bidding, the problem had seen a general subscription of 12.05 times, with the segment reserved for retail investors subscribed to 16.48 times and booked the NII 9.25 segment. The QIB segment was booked 6.31 times by that time.
Kaytex -fabrics IPO GMP signals buyant -list
From 11:35 am on Thursday the newest GMP for Kaytex substances on RS 40, which a likely listing price of RS 220 per share implies versus the top of the IPO prize tire on RS 180. The implicit premium translates into an estimated profit of 22.22% on the list with the list.
Problem structure and important dates
The RS 69.81 Crore Book-built issue consisted of a new edition of 31.99 Lakh shares that merge into RS 57.59 Crore, and an offer (OFS) of 6.79 Lakh shares worth RS 12.23 CRORE.
The price band of the IPO was set at RS 171 – RS 180 per share, with much size of 1,600 shares per application. Retail investors could offer two parties, which means a minimum investment of RS 2.73,600, while HNIS had to be obliged to offer at least three plots (RS 4.32,000).
The IPO is open on July 29 and closed on July 31. The allocation of shares is expected to be completed on Friday, August 1, with a list on the NSE SME platform planned for Tuesday 5 August, according to Sebi’s T+3 notification standards.
Use of yields
According to his Red Herring Prospectus (RHP), the company will use the proceeds to finance capital expenditure for an extra warehouse and sales office in Amritsar, the purchase of advanced fabric processing systems, meet the requirements for working capital and for general business purposes.
About Kaytex –
KayTex Fabrics, according to its RHP, is a fast-fashion fabric solution company that manages the entire production process “from yarn to finished substance”, which makes high-quality and fast adaptability to fashion trends possible. “We specialize in creating fabrics of fabrics from a variety of fibers. Adjustable designs that are suitable for the fast character of the fashion industry.”
Kaytex Fabrics’ Financial Performance
The company reported income from the activities of RS 99.2 Crore in FY23, which rose in FY24 and further to RS 124.9 Crore and to RS 152.8 Crore in FY25. The net profit climbed from RS 5.6 Crore in FY23 to RS 11.31 Crore in FY24 and RS 16.90 Crore in FY25, which underlines consistent financial growth prior to the IPO.
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Important intermediaries
SOCRADAMUS Capital Private is the book-running lead manager for the issue, while Bigshare Services PVT LTD acts as a registrar. Gretex Share Broking is the market maker for the Kaytex Fabrics IPO.
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