Kaytex Fabrics IPO (₹171–₹180 SME issue) saw ~2.54× subscription; current GMP is ₹40 (~22% listing gain). Learn about subscription totals, listing date, allotment timeline and whether to subscribe now.
💼 Kaytex Fabrics IPO & GMP Snapshot
Kaytex Fabrics Ltd opened its SME IPO from July 29 to July 31, 2025, with a price band of ₹171–180, raising ₹69.8 Cr through fresh issue and promoter OFS. The issue size is ~38.78 lakh shares, and the listing is scheduled for August 5, 2025, on NSE SME.(turn0search10/turn0search4)
By Day 2, overall subscription stood at 2.54×, with strong interest from QIBs (~6.21×) and retail (~2.32×), while NIIs were at ~0.57×.(turn0search10/turn0search5)
According to live GMP data, premium stands at ₹40 per share, implying a potential listing price of around ₹220 (~22% above the ₹180 upper band).(turn0search2, turn0search8)
📊 Subscription & GMP Insights
| Category | Subscription × |
|---|---|
| QIB | 6.21× |
| RII (Retail) | 2.32× |
| NII (HNI) | 0.57× |
| Total | 2.54× |
Despite decent total subscription, NIIs were under-subscribed, likely impacting demand for long-term holding. Retail interest was moderate, while QIBs dominated from Day 1.(turn0search10/turn0search3)
GMP performance reinforces the sentiment: from earlier estimates of ₹25–30, it has firmed up to ₹40 (~22%), showing confidence among grey market operators.(turn0search2, turn0search8)
✅ Strengths vs ⚠ Risks
✅ Strengths
- QIB subscription was highest, reflecting confidence in SME space
- Healthy financials: FY25 revenue ₹152.8 Cr (+22% YoY), PAT ₹16.9 Cr (+49%) — leading to P/E ~15.7×.(turn0search4, turn0search8)
- Proceeds aimed at expansion: new warehouse, sales office, and printing unit in Amritsar.(turn0search4)
⚠ Risks
- Low NII subscription (~0.57×) may reflect weak HNI demand.
- SME IPOs can be volatile with lower liquidity post listing.
- GMP is unregulated—subject to speculation and market sentiment swings.
- Geographic concentration in North India could impact growth plans.(turn0search7)
📅 IPO Timeline Overview
- Subscription Period: July 29–31, 2025
- Allotment Date: August 1, 2025
- Refund & Demat Credits: August 4, 2025
- Listing Date: August 5, 2025 on NSE SME.(turn0search10, turn0search2)
❓ FAQs
❓ What is the current GMP for Kaytex IPO?
The Grey Market Premium is ₹40/share (≈22% over ₹180 upper band), projecting an estimated listing price of ₹220.(turn0search2, turn0search8)
❓ When will I know if I got shares?
Allotment results are expected on August 1, 2025. Successful bidders will see shares credited or refunds processed by August 4.(turn0search2, turn0search10)
❓ Which portal should I use to check my allotment status?
For SME IPOs like Kaytex, check via the registrar (Bigshare Services) first. If unavailable, use NSE or BSE allotment pages once activated.(turn0search7, turn0search5)
📝 Summary
| Indicator | Details |
|---|---|
| Price Band | ₹171–180 |
| GMP Today | ₹40 (≈22% listing gain implied) |
| Total Subscription | 2.54× overall |
| Allotment Date | August 1, 2025 |
| Refund/Demat Credit | August 4, 2025 |
| Listing Date | August 5, 2025 on NSE SME |
Kaytex Fabrics IPO shows strong interest from institutional investors and a solid GMP of ₹40, suggesting a comfortable listing premium. Investors should watch allotment and post-listing movement before deciding.
⚠️ Disclaimer
This blog is for informational purposes only and not financial advice. IPO details are based on public sources as of August 1, 2025. GMP is speculative and not guaranteed. Please consult a SEBI-registered advisor before investing.
