Fascinate Textiles IPO Review, Financial Analysis & Valuation

In-depth editorial analysis, statutory financial disclosures, and peer valuation metrics to help you evaluate if the Fascinate Textiles IPO is good or bad.

Business Overview

Fascinate Textiles, founded in 2017, is one of the leading apparel manufacturing companies in India. Its main aim is to design high-quality knitted and woven garments that meet global standards. Its product range includes infantwear, kidswear, menswear, and womenswear in a wide range of designs and quality.

Financial Performance

Period EndedRevenueExpenseAssetsPAT
2024₹28.90₹28.26₹25.45₹0.48
2025₹60.28₹52.19₹42.26₹5.81
2026₹117.23₹95.88₹92.75₹15.07

Peer Comparison & Valuation

Compare the valuation of Fascinate Textiles against its listed industry peers to determine if the issue price is justified.

EPSNAVCompanyIncomeRoNW %PE Ratio
0.8537.24Iris Clothings Limited16.19 Cr.11.42%54.92
23.03181.66Kewal Kiran Clothing Limited152.29 Cr.13.60%21.71

Should you apply for the Fascinate Textiles IPO?

Determining whether the Fascinate Textiles IPO is good or bad requires evaluating the company's financial growth trajectory, the sector's macroeconomic tailwinds, and the premium demanded by the promoters in the price band.

  • Review the PAT (Profit After Tax) margins in the financials table above to ensure profitability is not artificially inflated just before the IPO.
  • Examine the P/E Ratio in the peer comparison section. A lower P/E relative to industry peers may indicate an undervalued issue.
  • Monitor the QIB subscription data on the final day, as heavy institutional buying is a strong indicator of smart-money confidence.