Game Changers Texfab, a pioneering company in retail fashion and technical textile solutions, has announced plans to raise ₹55 crore through an initial public offering (IPO) on the BSE SME platform. The company will issue 53.76 lakh equity shares at a price band of ₹96-₹102 per share, with subscriptions opening on Tuesday, October 29, and closing on October 30. Anchor investors can participate a day earlier.
The IPO proceeds will be primarily deployed for capital expenditure, working capital requirements, and general corporate purposes, including potential acquisitions, signaling the company’s commitment to growth and market expansion.
Leadership Perspective on Growth and Strategy
Sanjeev Goel, Managing Director of Game Changers Texfab, highlighted the company’s asset-light manufacturing model and strategic sourcing capabilities, which enable it to deliver a diverse range of fabric solutions.
“We specialise in women’s wear, technical textiles, and customised garments, ensuring agility, efficiency, and long-term trust with boutiques, export houses, and retail clients,” Goel said.
The company’s focus on tailored textile solutions positions it to cater effectively to both domestic and international clients, enhancing competitiveness in a growing market.
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Financial Strategy and Operational Efficiency
Ankur Aggarwal, Executive Director & CFO, added that the IPO proceeds will support strengthening sourcing operations, broadening the product portfolio, and scaling business operations in line with evolving market demands.
“The net proceeds from the IPO will help the company enhance operational efficiency, drive sustainable growth, and reinforce overall business strength,” Aggarwal noted.
These initiatives are designed to ensure the company remains responsive to trends in fashion and technical textiles, delivering value to both customers and shareholders.
Industry Expertise and Advisory Support
Shilpa Kanodia, Director at Corpwis Advisors, the lead manager for the IPO, emphasized Game Changers Texfab’s strong presence in the textile industry, attributing success to sourcing the finest fabrics from trusted suppliers and providing customised solutions to meet client-specific needs.
“The company has built credibility by focusing on quality sourcing and offering tailored products, which is crucial for sustaining growth in a competitive textile market,” Kanodia added.
The IPO’s registrar is Skyline Financial Services, ensuring smooth processing for investors on the BSE SME platform, which continues to provide a launchpad for emerging companies in India.
Market Outlook and Growth Potential
The textile industry in India continues to experience steady growth, driven by increasing demand for fashion fabrics and technical textiles. Analysts note that the SME IPO segment has emerged as a significant channel for capital raising, allowing companies like Game Changers Texfab to expand operations, enhance sourcing, and capture new market opportunities.
Game Changers Texfab’s dual focus on fashion and technical textiles positions it well to capitalize on diverse revenue streams, catering to both domestic boutique markets and international export houses. This approach is expected to strengthen brand credibility and investor confidence as the company goes public.
Highlights of the IPO
Issue Size: ₹55 crore
Equity Shares: 53.76 lakh shares
Price Band: ₹96 – ₹102 per share
Listing Platform: BSE SME
IPO Opening Date: October 29, 2025
IPO Closing Date: October 30, 2025
Lead Manager: Corpwis Advisors
Registrar: Skyline Financial Services
Utilization of Funds: Capital expenditure, working capital, general corporate purposes, potential acquisitions
Conclusion: IPO as a Growth Catalyst
With the ₹55 crore IPO, Game Changers Texfab aims to strengthen its position in the textile industry, expand its technical textile solutions and fashion portfolio, and drive sustainable business growth.
The combination of strategic sourcing, asset-light manufacturing, and tailored product offerings provides the company with a competitive edge, making it a promising investment opportunity for investors seeking exposure to India’s growing fashion and textile sector.
As the IPO opens for subscription, industry observers and potential investors will closely monitor subscription trends, market reception, and post-listing performance, which will be key indicators of the company’s growth trajectory and market confidence.
