Kolkata-based Fascinate Textiles plans to raise up to ₹67 crore through a public issue, aiming to strengthen its manufacturing capacity and capitalise on its customised garment production for the Indian market.
Fascinate Textiles is heading to the SME market with a public issue that values the garment maker at up to ₹66.98 crore at the top end of the price band, according to the company’s offer document. The Kolkata-area business, which is based in Barasat, West Bengal, makes ready-made clothing for men, women and children and is targeting a listing on NSE Emerge, with trading expected to start around August 18.
The issue will open on August 11 and close on August 13, with shares priced in a band of ₹148 to ₹156 each. The offer comprises a fresh issue of 34.58 lakh shares and an offer for sale of 8.36 lakh shares, taking the total to 42.94 lakh shares. Affinity Global Capital Market Private Limited is acting as book-running lead manager.
According to the company’s draft prospectus and related market trackers, Fascinate Textiles filed for the issue in September 2025 and has reported annualised revenue of ₹60.24 crore and profit after tax of ₹8.08 crore in FY26. The business model is largely business-to-business and order-led: production begins only after sample approval and confirmed purchase orders, allowing the company to tailor output to buyer requirements.
The company says it has in-house capabilities across design, sampling, cutting, printing, specialised stitching and finishing, while some processes such as knitting and dyeing are outsourced. Its product range includes kidswear, infantwear, menswear and womenswear, with items such as T-shirts, joggers, co-ord sets and casual wear. Fascinate Textiles also points to its Barasat location as an advantage, citing access to transport links, labour, raw materials and markets across eastern, north-eastern and central India. Net proceeds from the fresh issue are earmarked for working capital, loan repayment, capital spending on an additional manufacturing facility, general corporate purposes and offer expenses.
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