Kaytex Fabrics Ltd., a digital textile printing company engaged in the manufacturing of fabrics, ready-to-stitch garments and accessories, is planning to raise up to Rs. 69.81 crore from its SME public offer. The company has received approval to launch its public offer on SME Platform of National Stock Exchange – NSE EMERGE. The public offer opens for subscription on July 29, 2025 and closes on July 31, 2025. Socradamus Capital Private Limited is the book running lead manager of the offer.
- Issue Opens: July 29, 2025
- Issue Closes: July 31, 2025
- Face Value: Rs 10 each
- Price Band: Rs 171 – 180 per share
- Lot Size: 800 Shares
- Sale Type: Fresh Capital
- Issue Type: Book Building
- Listing Date: August 5, 2025
- Listing At: NSE SME
The offer aims to raise funds for multiple objectives. Rs 2.56 crores will be utilized towards funding capital expenditure for construction of additional warehouse facility in Amritsar. Rs. 3.73 crores will be utilized for construction of dedicated sales office in Amritsar. Rs 5.01 crores will be directed towards purchase of advanced fabric processing system for the existing printing, dyeing and processing unit in Amritsar and Rs. 30 crores will be used to meet working capital requirements. The remaining proceeds will be used for general corporate purposes and issue expenses.
The initial public offering of up to 38,78,400 equity shares of face value Rs. 10 each comprises a fresh issue of up to 31,99,200 equity shares and an offer for sale of up to 6,79,200 equity shares by the promoters Sanjeev Kandhari and Amit Kandhari. Company has finalized price band of Rs. 171 – Rs. 180 per equity share for the public issue. The lot size is 800 Equity shares. Minimum lot size for individual bidders is 1,600 Equity shares and for non-institutional bidders is 2,400 Equity shares. The number of equity shares will increase from 1,15,00,000 before the offer to up to 1,46,99,200 after the IPO. Post-IPO, the Promoters will hold 73.61% of the equity, while the public will hold 26.39%.
Incorporated in January 1996, Kaytex Fabrics Limited is a fast-fashion fabric solutions and manufacturing company that combines technology, design, and traditional craftsmanship to deliver textile and fashion products. The company specializes in creating fabrics from diverse fibres like cotton, viscose, modal, acrylic, nylon, linen and polyester.
