Fascinate Textiles Listing Price And Opening Trade

Mumbai, 24 August 2026: Fascinate Textiles shares opened at ₹120.80 on the NSE SME platform on Monday, below the company’s IPO issue price of ₹151 per share. The stock subsequently touched an intraday low of ₹114.80 and was trading at the same level as of 12:34 PM IST, down 4.97% from its opening price.

Fascinate Textiles shares were listed on the NSE SME platform on August 24, 2026, at ₹120.80, a discount of ₹30.20 to the ₹151 IPO issue price. By 12:34 PM IST, the stock had fallen to ₹114.80, down ₹6 or 4.97% from its opening price and ₹36.20 or 23.97% below the IPO price. The stock recorded a volume of 8.60 lakh shares, while its VWAP stood at ₹119.80.

The ₹64.83 crore Fascinate Textiles IPO had a price band of ₹142-₹151 per share, with the company fixing the final issue price at the upper end of the band. The stock’s ₹120.80 opening price was therefore ₹30.20 below the issue price.

The stock’s opening price also marked the intraday high in the market snapshot available at 12:34 PM IST. It later declined to ₹114.80, which was the day’s low at that point.

Stock Market Snapshot

As of 12:34 PM IST on August 24, 2026, Fascinate Textiles share price was quoted at ₹114.80, down ₹6, or 4.97%, from its opening price of ₹120.80.

The stock was ₹36.20, or 23.97%, below the ₹151 IPO issue price. Trading volume stood at 8.60 lakh shares, while the volume-weighted average price (VWAP) was ₹119.80.

VWAP, or volume-weighted average price, represents the average traded price after accounting for the volume transacted at different price levels.

IPO Subscription Reached 1.48 Times

Fascinate Textiles’ IPO was subscribed 1.48 times overall by the close of bidding on August 19. The qualified institutional buyer portion excluding anchor investors was subscribed 22.74 times.

The non-institutional investor category was subscribed 1.06 times, while the individual investor portion was subscribed 1.37 times. The issue had opened on August 11 and was extended to August 19.

Fresh Issue And Offer For Sale Details

The IPO comprised 35 lakh fresh shares worth ₹52.21 crore and an offer for sale of 8 lakh shares worth ₹12.62 crore. The total issue size was 42.936 lakh shares, aggregating to ₹64.83 crore at the upper end of the price band.

After excluding 2.152 lakh shares reserved for the market maker, the net offer to the public stood at 40.784 lakh shares. Of this, 43,200 shares were allocated to QIBs, 16.16 lakh shares to NIIs and 24.192 lakh shares to retail investors.

Listing Timeline And Issue Structure

The IPO opened for subscription on August 11 and closed on August 19 following an extension. The allotment was scheduled for August 20, while shares were credited to investors on August 21.

Fascinate Textiles was scheduled to list on the NSE SME platform on August 24, 2026. The IPO had a lot size of 800 shares, requiring a minimum retail application for 1,600 shares at the upper price of the issue band, equivalent to ₹2,41,600.

Business And Market Listing Context

Fascinate Textiles is a textile company whose public issue included both capital raised by the company and shares offered for sale by existing shareholders. The combination of fresh issue and OFS meant the IPO served both fundraising and shareholder-sale purposes.

On listing day, the stock’s movement remained below the ₹151 issue price in the reported snapshot. Its ₹114.80 price at 12:34 PM IST was also below the ₹119.80 VWAP recorded for the session at that point.

Conclusion

Fascinate Textiles shares opened at ₹120.80 on the NSE SME platform on August 24, at a ₹30.20 discount to the ₹151 IPO issue price. By 12:34 PM IST, the stock had declined to ₹114.80, down 4.97% from the open and 23.97% below the issue price, with 8.60 lakh shares traded in the reported snapshot.

Source:

• https://www.nseindia.com/get-quote/equity/FASCINATE/Fascinate-Textiles-Limited