Fascinate Textiles IPO Day 1: Subscription status, review — here's what you need to know

0 min read     Updated on 11 Aug 2026, 05:23 PM
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Reviewed by
Ritika DScanX News Team
AI Summary

Fascinate Textiles IPO is live with a price band of ₹148.00000 to ₹156.00000. Day 1 data shows QIB subscription at 1 x, while total subscription stands at 0.05 x. The minimum bid quantity is 1600 shares.

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Fascinate Textiles IPO opened today, marking the start of the bidding process for the textile company. On Day 1, the Qualified Institutional Buyers (QIB) category showed a subscription of 1 x, while other categories including Retail and Non-Institutional Buyers reported minimal interest so far.

Subscription Status

The following table details the Day 1 subscription multiples for Fascinate Textiles IPO:

Category Subscription Multiple
Qualified Institutional Buyers (QIB) 1 x
Non-Institutional Buyers (bHNI) 0 x
Non-Institutional Buyers (sHNI) 0.01 x
Employees 0 x
Retail 0.06 x
Total Subscribed 0.05 x

About the Company

Fascinate Textiles is a player in the textile sector. The company has filed for an initial public offering to raise capital through this issue.

Offer Details

Key details of the Fascinate Textiles IPO are as follows:

  • Price Band: ₹148.00000 - ₹156.00000
  • Issue Size: Min ₹355200, Max ₹500000
  • Minimum Bid Quantity: 1600

How might the weak initial retail and NIB subscription impact the final listing price or the likelihood of the IPO being fully subscribed?

What specific strategies could Fascinate Textiles employ to attract higher interest from institutional investors in the remaining days of the bidding window?

Given the current sluggish demand, how does this IPO's performance compare to other recent textile sector listings in terms of investor sentiment?

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Fascinate Textiles IPO Day 1: Subscription status, review — here's what you need to know

1 min read     Updated on 10 Aug 2026, 05:20 PM
scanx
Reviewed by
Ritika DScanX News Team
AI Summary

Fascinate Textiles IPO opens with a price band of ₹148-156. Day 1 subscription is at 0x for QIB, NII, and Retail categories. The minimum bid quantity is 1600 shares. Issue size ranges from ₹355,200 to ₹500,000.

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*this image is generated using AI for illustrative purposes only.

Fascinate Textiles IPO has opened today for subscription, marking the first day of public interest in the textile firm’s public offering. The issue is priced between ₹148 and ₹156 per share. As of the end of Day 1, the subscription status stands at 0x across all categories, including Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail investors.

Subscription Status

The initial response from investors on Day 1 has been recorded as follows:

Category Subscription Multiple
QIB 0 x
NII (bHNI) 0 x
NII (sHNI) 0 x
Retail 0 x
Employees 0 x
Total 0 x

About the Company

Fascinate Textiles operates in the textile sector. The company has filed its Initial Public Offering to raise capital through a fresh issue and/or offer for sale. Key financial highlights and operational details are outlined in the prospectus filed with SEBI.

Offer Details

  • Price Band: ₹148.00000 – ₹156.00000
  • Issue Size: Min ₹355200 – Max ₹500000
  • Minimum Bid Quantity: 1600 shares
  • IPO Stage: Day 1 Open

Investors are advised to review the DRHP and offer document for detailed risk factors and financial performance before applying.

How might the flat Day 1 subscription impact investor sentiment and subscription trends in the remaining days of the Fascinate Textiles IPO?

What specific valuation metrics or risk factors in the DRHP could be deterring Qualified Institutional Buyers (QIBs) from participating early?

How does the ₹148-₹156 price band compare to recent valuations of peer companies in the textile sector, and is it perceived as overvalued by the market?

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