Game Changers Texfab IPO

About Game Changers Texfab IPO

The Game Changers Texfab IPO is a 100% book-built issue. It comprises only a fresh issue of up to 53,76,000 equity shares. There’s no offer for sale. The total issue size is pegged at ₹54.84 crores. The price band is ₹96 to ₹102 per share. The IPO opens on October 28, 2025 and closes on October 30, 2025.

The listing date is on November 4, 2025 and the allotment date is on October 31, 2025. The credit of shares to the Demat accounts of allottees will be on November 3, 2025 and the initiation of refunds will also happen on this date.

Game Changers Texfab is engaged in finding the finest fabric material as per customer specifications and sourcing them from the right suppliers, ensuring the right material solutions. The company deals with a variety of fabrics but specialises in women’s wear fabrics and technical textiles fabrics, including outdoor and PVC-coated fabrics for a variety of uses such as awnings, outdoor furniture upholstery, tarpaulins, sports goods, tents, etc.

Objectives of Game Changers Texfab IPO

The company proposes to utilise the IPO proceeds for:

• Working capital requirements
  
• Capital expenditure
  
• General corporate purposes and unidentified inorganic acquisitions
  

Industry Outlook

India’s textiles sector is one of the oldest industries in the Indian economy, dating back to several centuries. The industry is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, with the capital-intensive sophisticated mills sector at the other end.

The fundamental strength of the textile industry in India is its strong production base of a wide range of fibre/yarns from natural fibres like cotton, jute, silk, and wool, to synthetic/man-made fibres like polyester, viscose, nylon and acrylic.

The market for Indian textiles and apparel is projected to grow at a 10% CAGR to reach US$ 350 billion by 2030. Moreover, India is the world’s 3rd largest exporter of textiles and apparel. India ranks among the top five global exporters in several textile categories, with exports expected to reach US$100 billion.

The textiles and apparel industry contributes 2.3% to the country’s GDP, 13% to industrial production and 12% to exports. The textile industry in India is predicted to double its contribution to the GDP, rising from 2.3% to approximately 5% by the end of this decade.

Game Changers Texfab Company Information

Game Changers Texfab is engaged in finding the finest fabric material as per customer specifications and sourcing them from the right suppliers, ensuring the right material solutions. ‘Sourcing of fabrics’ refers to the process of selecting and procuring raw materials for textile production, which includes identifying suppliers, negotiating prices, and ensuring the quality and sustainability of the fabrics.

The company deals with a variety of fabrics but specialises in women’s wear fabrics and technical textiles fabrics, including outdoor and PVC-coated fabrics for a variety of uses such as awnings, outdoor furniture upholstery, tarpaulins, sports goods, tents, etc.

Strengths of Game Changers Texfab

• Six Deemed manufacturing units
  
• International tie-ups
  
• Technology integration
  
• Designers with over five years of expertise
  
• Arrangements with digital commerce platform
  
• Boutique partnerships
  
• Retail and online expansion
  

Risks of Game Changers Texfab

• Loss of business from one or more top customers may adversely affect revenues and profitability
  
• Loss of business with one or more top suppliers may adversely affect business operations and profitability
  
• Inability to maintain regular order flow would adversely impact revenues and profitability
  
• Loss of or shutdown of operations of manufacturing units on any grounds could adversely affect business or results of operations
  
• Change in consumer’s likes, preferences or a change in their perception regarding the quality of products may negatively affect the image of the company
  
• Business is subject to seasonality
  
• History of negative cash flow from operating, investing and financing activities in the past
  
• Future operating results are difficult to predict and may fluctuate or adversely vary from the past performance
  

Anchor Investor Bidding Date

TBA

IPO Registrar and Book Running Lead Manager

• IPO Registrar: Skyline Financial Services
  
• Book Running Lead Manager: Corpwis Advisors
  

Game Changers Texfab Business Model

Game Changers Texfab has two brands TradeUNO and Fall in Love. TradeUNO was established in 2015, offering a diverse range of premium fabrics to businesses as well as retail customers. In 2024, the company launched its new brand, ‘Fall in Love’, which focuses on Ready-made and Made-to-measure garments along with customisation options and Value-added services, ensuring that each garment is tailored to meet the unique preferences of its customers.

Game Changers Texfab Company Growth Trajectory

The revenue from operations of Game Changers Texfab grew from ₹100.4971 crores in FY 23 to ₹115.5631 crores in FY 25, while its PAT margin increased from 0.52% in FY 23 to 10.44% in FY 25. The company’s EBITDA margin as of revenue from operations increased from 1.25% in FY 23 to 16.09% in FY 25. International tie-ups and technology integration have helped the company grow over the years.

Game Changers Texfab Market Position

Incorporated in 2015 as a private company, Game Changers Texfab manages a network of over 10 sourcing offices, ensuring access to a range of daily as well as premium fabrics at competitive prices. It has two comprehensive retail experience stores which double up as sampling centres through which it offers a wide range of fabric materials.

Apart from its offline presence, the company also has its online platform, featuring over 10,000 designs and a network of 500+ diverse suppliers, to support export houses, boutiques in creating unique samples for its clientele.

How to Check Allotment Status of Game Changers Texfab IPO?

Visit the Registrar’s Website

• Visit the official website of Skyline Financial Services Pvt Ltd
  
• Choose ‘Public Issue’ from ‘Investor’ dropdown
  
• Select the Name of the Company from dropdown
  
• Enter either your ‘Application No’, PAN or DP ID / Client ID
  
• Click on ‘Search’ to know the status
  

Check on the Bombay Stock Exchange Website

The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to www.bseindia.com and find the 'Investor Services' tab. Under 'Investors Services', click on 'Status of Issue Application'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:

• Choose the Issue Type
  
• Select the Issue Name from dropdown
  
• Put in either your application number or PAN number
  
• Check the box ‘I’m not a robot’
  
• Click on ‘Search’ to know allotment status
  

How to Apply for Game Changers Texfab IPO?

• Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  
• Specify IPO details - Enter the number of lots and the price you wish to apply for.
  
• Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
  
• Mandate Notification - Your UPI app will receive a mandate notification to block funds.
  
• Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.