Allotment

Game Changers Texfab IPO is scheduled to open on October 28, 2025, and will close on October 30, 2025. It is a Book Built Issue, with the company looking to raise approximately ₹54.84 crores through a fresh issue of equity shares with a face value of ₹10 each.
The price band for the IPO is set between ₹96 and ₹102 per share. The allocation for investors is as follows: Retail Investors – 35%, Qualified Institutional Buyers (QIB) – 50%, and High Net-Worth Individuals (HNI) – 15%. The shares are expected to be listed on BSE on November 4, 2025, with the allotment finalization on October 31, 2025.
Financial Performance:
* Revenue in 2025: ₹115.59 crores (up from ₹97.86 crores in 2024)
* Profit in 2025: ₹12.07 crores (up from ₹4.27 crores in 2024)
Based on its financials, the IPO is recommended for long-term investors.
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| IPO Date | 4 Nov |
| IPO Listing Date | 4 Nov |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹102.00 |
| IPO Issue Size | 53,76,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Book Building IPO |
| IPO Listing | BSE SME Platform |
| hare Holding Pre Issue | 1,25,16,814 shares |
| IPO Open Date | 28 Oct |
| IPO Close Date | 30 Oct |
| IPO Allotment (Tentative) | 31 Oct |
| Refunds | 3 Nov |
| Credit to Demat Account | 3 Nov |
| IPO Listing Date | 4 Nov |
| Category | Offer |
|---|---|
| QIB Shares Offered | 25,51,200 Shares |
| NII (HNI) Shares Offered | 7,66,800 Shares |
| Retail Shares Offered | 17,88,000 Shares |
Investors can bid for a minimum of 2,400 shares, with additional shares in multiples of 1,200.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,44,800 |
| Retail (Max) | 2 | 2,400 | ₹2,44,800 |
| S-HNI (Min) | 3 | 3,600 | ₹3,67,200 |
| S-HNI (Max) | 8 | 9,600 | ₹9,79,200 |
| B-HNI (Min) | 9 | 10,800 | ₹11,01,600 |
Incorporated in 2015, TradeUNO Fabrics operates as a B2B marketplace for fabrics and is supported by Game Changers Texfab Pvt. Ltd., a supply chain orchestration company focused on the fabric industry. The company specializes in sourcing high-quality fabrics tailored to customer specifications, selecting suppliers, negotiating prices, and ensuring quality and sustainability for textile production.
Product Portfolio:
TradeUNO Fabrics offers over 10,000 designs, categorized by fabric type, print, pattern, occasion, color, and specialized collections. Major products include:
Cotton Fabrics
Silk Fabrics
Satin Fabrics
Printed & Patterned Fabrics
Specialized Collections (Self-branded)
Occasion Fabrics
Apparel & Accessories
Business Segments:
B2B Segment: Assists businesses in sourcing fabrics in small quantities, consolidating orders to meet minimum order requirements (MOQ). Partners with garment manufacturers, designers, and export houses to provide premium fabrics via 10 sourcing offices.
B2C Segment: Offers personalized, high-quality fabrics under the “”TradeUNO”” brand, with new collections launched weekly for individual customers seeking comfort and style.
Made-to-Measure Garments: Through the ‘Fall in Love’ brand, the company provides customized garments with embroidery, embellishments, and access to a wide supplier network for unique products.
Online Sales: Operates the e-commerce platform tradeuno.com, offering quality fabrics, personalized services, and customization under the TradeUNO and Fall in Love brands.
Specialty Fabrics:
Women’s wear
Technical textiles, including outdoor and PVC-coated fabrics for awnings, furniture upholstery, tarpaulins, sports goods, and tents.
Operations:
10 sourcing offices providing daily and premium fabrics at competitive prices
2 retail stores serving as fabric and garment sampling centers
Competitive Strengths:
Deemed manufacturing capability
International tie-ups
Technology integration for seamless supply chain operations
Designer onboarding initiatives
Digital commerce arrangements
Boutique partnerships
TradeUNO Fabrics is positioned as a premium fabric marketplace, bridging businesses and individual customers with quality fabrics, customization, and a scalable supply chain network.
| Assets | 52.25 | 51.32 | 41.37 |
| Total Income | 24.11 | 115.59 | 97.86 |
| Profit After Tax | 4.27 | 12.07 | 4.27 |
| EBITDA | 6.05 | 18.59 | 6.73 |
| NET Worth | 25.27 | 21.01 | 8.94 |
| Reserves and Surplus | 12.76 | 8.49 | 8.9 |
| Total Borrowing | 9.88 | 5.66 | 5.54 |
| ROE | 80.59% |
| ROCE | 65.97% |
| Debt/Equity | 0.27 |
| RoNW | 80.59% |
| PAT Margin | 10.44% |
| EBITDA Margin | 16.09% |
| Price to Book Value | 6.08 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 15 |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 8.85 |
| 4 | Offer for Sale (OFS) | - |
Game Changers Texfab Ltd.
3656-P NO-21,
Hathi Khanna,
Bahadur Garh Road,
Delhi, New Delhi, 110006
Phone: +91 8377936803
Email: compliance@tradeuno.com
Website: http://www.tradeuno.com/
IPO Registrar
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Game Changers Texfab IPO was a book-built SME issue that raised about ₹55 crore through a fresh issue of 53.76 lakh equity shares, without any offer for sale.
The IPO opened for subscription from October 28 to October 30, 2025. Share allotment was finalized on October 31, and listing occurred on BSE SME on November 4, 2025.
The IPO price was fixed at ₹102 per share. Investors had to apply for a minimum of 2,400 shares, requiring a retail investment of ₹2,44,800.
In FY2025, the company reported revenue of ₹115.59 crore and profit after tax of ₹12.07 crore, showing strong growth compared to FY2024 performance.
The company operates TradeUNO, a fabric sourcing and marketplace platform offering premium fabrics, customization, technology-driven supply chain solutions, and strong B2B and B2C market presence.