28 Oct 2025 | 5 Mins Read
Texfab's IPO Receives Subdued Interest from Investors on Opening Day
Flipitmoney
Game Changers Texfab's Rs 54.84-crore IPO saw muted response, with 23% booking on the first day. The offer was met with 10.17 lakh shares against 44.80 lakh shares. Retail and non-institutional investors showed interest in the IPO, bidding 40% and 30% respectively. The company plans to utilize Rs 40.5 crore from the IPO for working capital and capital expenditure.