As July 2025 progresses, the SME IPO segment continues to be a vibrant avenue for companies seeking growth capital. Amidst this dynamic environment, Kaytex Fabrics Limited, a prominent name in the fast-fashion textile manufacturing sector, is set to launch its Initial Public Offering on July 29, 2025. This crucial step aims to harness public investment to fuel its expansion plans and bolster its advanced manufacturing capabilities. For investors keenly observing opportunities within India’s flourishing textile and apparel market, a thorough understanding of this Kaytex Fabrics IPO is vital for making informed decisions.
This article offers a comprehensive overview of the Kaytex Fabrics IPO details, providing essential insights for potential participants.
About Kaytex Fabrics Ltd.
Established in January 1996, Kaytex Fabrics Ltd. has carved a niche as a leading fast-fashion manufacturer, seamlessly integrating technology, creative design, and skilled craftsmanship to produce high-quality textiles. The company specialises in fabrics crafted from diverse fibers, including cotton, viscose, and polyester. Their product range encompasses quality fabrics, ready-to-stitch womenswear, and a variety of modern and trendy designs, including digital printed fabrics, jacquard fabrics, corduroy fabrics, dobby fabrics, and accessories like shawls, scarves, and stoles.
Kaytex Fabrics proudly markets its products under well-recognised brands such as “Rasiya,” “Kaytex,” and “Darbaar-e-Khaas.” Serving a broad customer base, the company catered to 497 clients in Fiscal Year 2025 alone. As of June 30, 2025, Kaytex Fabrics employs 612 permanent staff and workers, underscoring its operational strength and commitment to quality. The promoters, Sanjeev Kandhari and Amit Kandhari, lead the company with extensive industry experience.
Kaytex Fabrics Ltd. IPO Details
The Kaytex Fabrics IPO is a book-building issue designed to raise ₹69.81 crore. This offering comprises a fresh issue of 31.99 lakh shares, aggregating ₹57.59 crore, and an Offer for Sale (OFS) of 6.79 lakh shares, totalling ₹12.23 crore. The Kaytex Fabrics IPO price band has been set between ₹171 and ₹180 per equity share.
Important IPO Timeline
| Event | Date |
| IPO Open Date | Tue, Jul 29, 2025 |
| IPO Close Date | Thu, Jul 31, 2025 |
| Tentative Allotment | Fri, Aug 1, 2025 |
| Initiation of Refunds | Mon, Aug 4, 2025 |
| Credit of Shares to Demat | Mon, Aug 4, 2025 |
| Tentative Listing Date | Tue, Aug 5, 2025 |
| Cut-off Time for UPI Mandate Confirmation | 5 PM on Jul 31, 2025 |
Key IPO Details
| IPO Date | July 29, 2025 to July 31, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹171 to ₹180 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 38,78,400 shares
(aggregating up to ₹69.81 Cr) |
| Reserved for Market Maker | 1,94,400 shares
(aggregating up to ₹3.50 Cr) Gretex Share Broking Private Limited |
| Fresh Issue
(Ex Market Maker) |
30,04,800 shares
(aggregating up to ₹54.09 Cr) |
| Offer for Sale | 6,79,200 shares of ₹10
(aggregating up to ₹12.23 Cr) |
| Net Offered to Public | 36,84,000 shares
(aggregating up to ₹66.31 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,15,00,000 shares |
| Share Holding Post Issue | 1,46,99,200 shares |
Lot Size of Kaytex Fabrics Ltd. IPO
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 1,600 | ₹2,88,000 |
| Individual investors (Retail) (Max) | 2 | 1,600 | ₹2,88,000 |
| S-HNI (Min) | 3 | 2,400 | ₹4,32,000 |
| S-HNI (Max) | 6 | 4,800 | ₹8,64,000 |
| B-HNI (Min) | 7 | 5,600 | ₹10,08,000 |
Kaytex Fabrics Ltd. Financials
Kaytex Fabrics Ltd. has shown consistent and impressive financial growth. The company’s revenue from operations witnessed a strong increase of 22.55%, climbing from ₹125.03 crore in FY24 to ₹153.22 crore in FY25. Concurrently, the Profit After Tax (PAT) experienced a significant leap of 44.14%, rising from ₹15.20 crore in FY24 to ₹21.91 crore in FY25.
Key Performance Indicators (as of Mar 31, 2025)
- Market Capitalisation: ₹264.59 Cr
- Return on Equity (ROE): 40.43%
- Return on Capital Employed (ROCE): 33.25%
- Debt-to-Equity Ratio: 0.76
- Return on Net Worth (RoNW): 33.76%
- PAT Margin: 11.06%
- EBITDA Margin: 19.68%
- Price to Book Value: 4.13
- Pre IPO EPS (Rs): 14.70
- Post IPO EPS (Rs): 14.91
Company Financial Snapshot
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 125.27 | 96 | 72.98 |
| Revenue | 153.22 | 125 | 99.34 |
| Profit After Tax | 21.91 | 15 | 8.2 |
| EBITDA | 30.06 | 22 | 12.79 |
| Net Worth | 50.07 | 34 | 21.14 |
| Reserves and Surplus | 38.57 | 33.05 | 20.64 |
| Total Borrowing | 38.15 | 35.51 | 27.01 |
Kaytex Fabrics Ltd.: Industry Outlook
- India’s fast-fashion market is growing, driven by a youthful population, rising incomes, and global trend awareness.
- The textile industry is adopting technologies like digital printing and automated weaving, enhancing innovation and production efficiency.
- Government initiatives like PLI schemes and higher customs duties support domestic manufacturing and boost competitiveness.
- Indian textile manufacturers are expanding their export potential, especially in ready-to-wear garments and specialised fabrics.
- Companies are diversifying their product portfolios to include a wider range of fibers, meeting diverse fashion and functional needs.
Use of IPO Proceeds
The net proceeds from the fresh issue component of the Kaytex Fabrics IPO are primarily allocated to strategic growth initiatives:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
| 1 | Funding capital expenditure for construction of additional warehouse facility in Amritsar | 3 |
| 2 | Funding capital expenditure for construction of dedicated sales office in Amritsar | 4 |
| 3 | Funding capital expenditure towards purchase of advanced fabric processing system for existing printing, dyeing, and processing unit in Amritsar | 5 |
| 4 | Funding the incremental working capital requirements | 30 |
| 5 | General corporate purposes | — |
Kaytex Fabrics Limited IPO Peer Comparison
Kaytex Fabrics Ltd. IPO operates in a competitive market with notable players in the textiles and apparel industry. Some of its key peers include Veekayem Fashion and Apparels Limited, Banswara Syntex Limited, and Donear Industries Limited. These companies, like Kaytex, are involved in the manufacturing and marketing of fabrics and apparel across various sectors, including fashion and home textiles. Their performance provides valuable insights into sector dynamics, competitive positioning, and growth potential for Kaytex in the evolving textile market.
Conclusion
The upcoming Kaytex Fabrics IPO presents a compelling opportunity for investors to engage with a key player in India’s vibrant fast-fashion textile manufacturing sector. The company’s strong foundation, shown by consistent financial growth and a diverse product range under reputable brands, positions it well for future expansion.
With strategic use of IPO proceeds aimed at enhancing infrastructure and technology, coupled with a favourable industry outlook driven by market growth and supportive government policies, Kaytex Fabrics is poised for continued success. Potential investors should thoroughly evaluate the company’s fundamentals, its competitive advantages, and align them with their investment objectives. Monitoring the Kaytex Fabrics IPO allotment status will be crucial for all applicants, offering a chance to invest in a company contributing significantly to India’s dynamic textile landscape.
