Kaytex Fabrics Limited is planning to raise up to Rs. 69.81 crore from public offer; IPO opens on July 29, 2025
New Delhi [India], July 23: Kaytex Fabrics Ltd, a digital textile printing company engaged in the manufacturing of fabrics, ready-to-stitch garments and accessories, is planning to raise up to Rs. 69.81 crore from its SME public offer. The company has received approval to launch its public offer on SME Platform of National Stock Exchange – [...]
New Delhi [India], July 23: Kaytex Fabrics Ltd, a digital textile printing company engaged in the manufacturing of fabrics, ready-to-stitch garments and accessories, is planning to raise up to Rs. 69.81 crore from its SME public offer. The company has received approval to launch its public offer on SME Platform of National Stock Exchange – NSE EMERGE. The public offer opens for subscription on July 29, 2025 and closes on July 31, 2025. Socradamus Capital Private Limited is the book running lead manager of the offer.
The offer aims to raise funds for multiple objectives. Rs 2.56 crores will be utilized towards funding capital expenditure for construction of additional warehouse facility in Amritsar. Rs. 3.73 crores will be utilized for construction of dedicated sales office in Amritsar. Rs 5.01 crores will be directed towards purchase of advanced fabric processing system for the existing printing, dyeing and processing unit in Amritsar and Rs. 30 crores will be used to meet working capital requirements. The remaining proceeds will be used for general corporate purposes and issue expenses.