Game Changers Texfab Lists at ₹104.15, 2.1% Premium Over Issue Price of ₹102

New Delhi, November 4, 2025 – The shares of Game Changers Texfab Limited made a debut on the BSE SME Platform on Tuesday. The listing price was ₹104.15, which was slightly more than the issue price of ₹102. However, post-listing, there was strong demand for the scrip and it surged by 6.86%, reaching ₹109 per share at 02:45 PM. The trade volume on the listing day was also high (around 11 lakh shares traded by the afternoon). The majority of pending orders were for buy. The total market capitalisation of the company is ₹187 crore.

Subscription Summary

The IPO was slightly oversubscribed (1.17 times). There was decent demand from both retail and institutional investors. The QIBs and NII categories also saw a slight oversubscription. No category of investor failed to subscribe to the offered quota.

Anchor Allocation

Before the allocation process, the company had raised ₹9.13 crore through anchor investors that include Saint Capital Fund (₹4 crore), Meru Investment Fund PCC (₹1 crore), Veloce AIF Opportunities Fund (₹2.11 crore), and CP Capital Limited (₹2.02 crore).

Implication for Investors

It will be an interesting phase for the investors as the stock has made a strong upward movement after listing. As underlined, a majority of the pending orders are from buyers, and hence the momentum has continued throughout the afternoon session. The tone and trend of the stock movement will be decided in the next couple of weeks.

Game Changers Texfab Limited specialises in premium fabrics, women’s wear and technical textiles. The company also deals in PVC-coated and outdoor materials. It operates on a deemed manufacturing model and combines retail and digital distribution through its platform: TradeUNO. The asset-light approach ensures that the company does not need to invest too heavily in fixed assets and maintains strong quality control. It was incorporated in 2015.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations