Kaytex Fabrics IPO Subscribed 42.70x on Final Day; Retail Bids at 47.85x, QIB at 31.16x

Mumbai, 31 July 2025: The public issue of Kaytex Fabrics Ltd, which closed for subscription on July 31, 2025, received an enthusiastic response across all investor categories, culminating in an overall subscription of 42.70 times. The three-day bidding window opened on July 29, 2025, and ended today.

Retail Demand Peaks as Kaytex Fabrics IPO Sees 47.85x Subscription from Individual Investors

Individual investors actively participated in the IPO, bidding for 6.31 crore shares against 13.20 lakh shares offered to the retail category. This translated to a subscription of 47.85 times, marking the highest demand among all investor segments.

• Minimum investment required for individual retail applicants was ₹2,88,000 for 1,600 shares (2 lots).
• Retail portion comprised 33.45% of the total shares offered to the public.

Qualified Institutional Buyers (QIB) Subscribe 31.16x as Participation Increases on Final Day

The QIB category saw significant acceleration in bidding on the final day, ending with a 31.16 times subscription. Institutional demand rose steadily over the subscription period.

• 6.22 lakh shares were on offer to QIBs (excluding anchor allocation).
• QIBs bid for over 1.93 crore shares worth ₹349.08 crore.

Non-Institutional Investors Show High Interest; NII Portion Subscribed 43.19x

The Non-Institutional Investors (NII) segment received 3.49 crore share bids against the 8.08 lakh shares offered, closing with a subscription rate of 43.19 times.

• bNII (₹10L+ bids) saw 33.93x subscription.
• sNII (< ₹10L bids) witnessed 37.97x subscription.

This level of participation from HNIs underscores widespread interest across small and large ticket investors.

Anchor Investors Commit ₹18 Cr; Bid for 10 Lakh Shares on July 28

Ahead of the public issue opening, Kaytex Fabrics raised ₹18 crore from anchor investors on July 28, 2025, by allotting 10 lakh shares at the upper price band.

• Anchor lock-in period ends for 50% of shares on August 31, 2025, and the rest on October 30, 2025.

Kaytex Fabrics IPO Subscription Built Up Over 3 Days; Peak Activity on Final Day

The IPO subscription picked up significantly by Day 3, particularly in the QIB and NII categories.

• Day 1 (July 29): NII <1x, QIB at 6.21x
• Day 2 (July 30): Slight uptick, NII at 0.47x
• Day 3 (July 31): Final surge, overall subscription reached 42.70x

Kaytex Fabrics IPO Structure: ₹69.81 Cr Bookbuilding with Fresh Issue and OFS

The IPO of Kaytex Fabrics Ltd is a book-built issue of ₹69.81 crore, comprising:

• Fresh issue: 31.99 lakh shares worth ₹57.59 crore
• Offer for Sale (OFS): 6.79 lakh shares aggregating ₹12.23 crore

The issue price was fixed at ₹180 per share, with a lot size of 800 shares.

Listing on NSE SME Scheduled for August 5; Allotment on August 1

The tentative timeline for the post-IPO events includes:

• Allotment finalisation: Friday, August 1, 2025
• Refund initiation: Monday, August 4, 2025
• Listing on NSE SME: Tuesday, August 5, 2025

Shares will be credited to successful bidders’ demat accounts on August 4, 2025.

IPO Reservations: Retail Gets 33.45%, QIB (Ex-Anchor) 15.77%, NII 20.50%

Of the 39.45 lakh total shares, allocations were made as follows:

• Retail Investors: 13.20 lakh shares (33.45%)
• NII (HNI): 8.08 lakh shares (20.50%)
• QIB (Ex-Anchor): 6.22 lakh shares (15.77%)
• Anchor Investors: 10 lakh shares (25.34%)
• Market Maker: 1.94 lakh shares (4.93%)

IPO Timeline and Lot Size: Minimum Bid ₹2.88 Lakh, Listing Set for August 5

Investors had to apply for a minimum of 2 lots (1,600 shares) at ₹180 per share, amounting to ₹2.88 lakh for retail. HNIs could bid in multiples starting from 3 lots (₹4.32 lakh).

Important dates:

• IPO open: July 29, 2025
• IPO close: July 31, 2025
• Cut-off time for UPI: 5 PM, July 31
• Listing date: August 5, 2025

Issue Managed by Socradamus Capital; Gretex Share Broking as Market Maker

• Book-running lead manager: Socradamus Capital Private Limited
• Registrar: Bigshare Services Pvt Ltd
• Market Maker: Gretex Share Broking Private Limited

The public can refer to the Kaytex Fabrics IPO RHP for detailed offer documents and disclosures.

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