Kaytex Fabrics launches IPO to raise Rs 69.81 crore funds

Punjab-based fast-fashion fabric solutions provider Kaytex Fabrics has launched an IPO to raise Rs 69.81 crore via an initial sale of 38.78 lakh shares at a price band of Rs 171-180 per share.

The company plans to uitilize these funds to construct a warehouse facility, sales office, purchase of advanced fabric processing system for existing printing, and a dyeing and processing unit in Amritsar. The funds will also be used for incremental working capital requirements, and general corporate purposes. Socradamus Capital acted as the book running lead manager for the IPO.

Incorporated in 1996, Kaytex Fabrics specializes in providing fast-fashion fabric solutions, managing the entire production process from yarn to finished fabric. The company emphasizes high quality and quick adaptability to fashion trends, utilizing various fibers including cotton, viscose, modal, acrylic, nylon, linen, and polyester. Their focus on digital printing allows customizable designs. Kaytex Fabrics also offers ready-to-stitch women's wear and fashion accessories under brands like ‘Rasiya,’ ‘Kaytex,’ and ‘Darbaar-e-Khaas.’ As of June 30, 2025, the company employed 612 permanent staff members.