Textiles: IPO Track Record

Mostly SME (54 of 62). Since 2025 the median gain at open is 0% across 39 IPOs; before that, 20 of 23 opened above the issue price.

Listed IPOs
62
8 mainboard, 54 SME
Amount raised
INR 4,493.52 crore
2018 to 2026
Median gain at open
+3.33%
listing day, vs issue price
Median gain at close
+5.08%
listing day, vs issue price
Opened above issue price
59.68%
share of listings
Closed below issue price
40.32%
on listing day
Median subscription
8.37x
total, final day
Vs same-year IPOs
-5.24
percentage points; median gap at open

Best listing: CPS Shapers (+143.24% at open, 7 September 2023). Weakest: Shree Ram Twistex (-34.62% at open, 2 March 2026).

Mainboard vs SME

SegmentIPOsMedian gain at openMedian gain at closeOpened above issueClosed below issueMedian subscription
Mainboard8+1.67%+4.43%50%37.50%24.44x
SME54+4.05%+5.08%61.11%40.74%8.37x

Year by Year

YearIPOsMedian gain at openMedian gain at closeOpened above issueMedian subscription
2026230%-5%39.13%2.05x
202516+1.05%-1.06%50%8.84x
202415+15.96%+20.26%93.33%107.22x
20237+6.58%+8.68%85.71%7.40x
201810%-7.94%0%5.22x

All 62 IPOs

IPOListedSegmentIssue price (INR)Issue size (INR crore)SubscriptionOpen (INR)Close (INR)Gain at openGain at close
Paramount Syntex9 October 2026SME (BSE)12781.791.83x115109.25-9.45%-13.98%
Dudani Retail5 October 2026SME (BSE)2910.561.47x2525-13.79%-13.79%
Unitec Fibres30 September 2026SME (BSE)8834.474x9090.60+2.27%+2.95%
Vivekanand Cotspin28 September 2026SME (BSE)3722.201.73x3839.90+2.70%+7.84%
SonaSelection India24 September 2026Mainboard99141.572.01x102.31107.42+3.34%+8.51%
Panchatv Bharat18 September 2026SME (BSE)14024.581.46x128.95122.55-7.89%-12.46%
Vinod Texworld17 September 2026SME (NSE)9442.841.66x9489.300%-5%
Qualiance International11 September 2026SME (NSE)12745.11459.29x224.90236.10+77.09%+85.91%
Ashutosh Fibre7 September 2026SME (NSE)9256.35133.82x140147+52.17%+59.78%
Madhur Knit Crafts1 September 2026SME (NSE)10053.271.53x100950%-5%
Fascinate Textiles24 August 2026SME (NSE)15164.83–120.80114.80-20%-23.97%
Shree Balaji Textiles29 July 2026SME (BSE)7018.90206.82x133126.35+90%+80.50%
Alpine Texworld21 July 2026Mainboard105126.251.40x10599.750%-5%
Kusumgar15 July 2026Mainboard419650128.82x569602.80+35.80%+43.87%
Aastha Spintex6 July 2026Mainboard1361704.64x130136.49-4.41%+0.36%
Shreedhar Spinners1 July 2026SME (NSE)5330.686.80x54.4057.10+2.64%+7.74%
Riyaasat Lifestyle1 July 2026SME (BSE)10630.201.38x84.8080.60-20%-23.96%
Rajnandini Fashion3 June 2026SME (BSE)6318.21203.82x6360.570%-3.86%
Harikanta Overseas2 June 2026SME (BSE)9124.301.17x79.7575.77-12.36%-16.74%
Shree Ram Twistex2 March 2026Mainboard104110.2443.66x6871.40-34.62%-31.35%
Kiaasa Retail2 March 2026SME (BSE)12769.722.10x123116.85-3.15%-7.99%
Fractal Industries24 February 2026SME (BSE)216495.52x229217.55+6.02%+0.72%
Yajur Fibres14 January 2026SME (BSE)174120.411.38x139.20132.25-20%-23.99%
K K Silk Mills3 December 2025SME (BSE)3828.505.71x3230.40-15.79%-20%
Game Changers Texfab4 November 2025SME (BSE)10254.841.02x104.15109.35+2.11%+7.21%
Sihora Industries17 October 2025SME (BSE)6610.561.33x7066.50+6.06%+0.76%
Siddhi Cotspin26 September 2025SME (NSE)10869.854.04x86.4082.10-20%-23.98%
Vashishtha Luxury Fashion15 September 2025SME (BSE)1118.872.23x118121.75+6.31%+9.68%
Rachit Prints8 September 2025SME (BSE)14919.492.03x119.20113.25-20%-23.99%
Kaytex Fabrics5 August 2025SME (NSE)18069.8142.78x144150.60-20%-16.33%
Spunweb Nonwoven21 July 2025SME (NSE)9660.98251.11x151158.55+57.29%+65.16%
Silky Overseas7 July 2025SME (NSE)16130.68170.21x171162.45+6.21%+0.90%
Cedaar Textile7 July 2025SME (NSE)14060.9011.96x119113.05-15%-19.25%
NR Vandana Tex4 June 2025SME (NSE)4527.89101.07x4543.700%-2.89%
Borana Weaves27 May 2025Mainboard216144.89148.78x243255.15+12.50%+18.13%
NAPS Global India11 March 2025SME (BSE)9011.881.24x108102.60+20%+14%
Ken Enterprises12 February 2025SME (NSE)9483.654.36x8580.75-9.57%-14.10%
Avax Apparels14 January 2025SME (BSE)701.92260.48x133139.65+90%+99.50%
Davin Sons Retail9 January 2025SME (BSE)558.78120.85x4446.20-20%-16%
Purple United Sales18 December 2024SME (NSE)12632.81160.16x199208.95+57.94%+65.83%
Neelam Linens18 November 2024SME (NSE)241392.05x40.0538.05+66.88%+58.54%
Paramount Dye Tec8 October 2024SME (NSE)11728.4350.16x109.90107.05-6.07%-8.50%
Divyadhan Recycling4 October 2024SME (NSE)6424.1741.01x8488.20+31.25%+37.81%
SD Retail27 September 2024SME (NSE)13164.9897.16x145150.90+10.69%+15.19%
Avi Ansh Textile27 September 2024SME (NSE)6225.998.37x6871.15+9.68%+14.76%
Gajanand International16 September 2024SME (NSE)3620.6515.02x4239.90+16.67%+10.83%
Forcas Studio26 August 2024SME (NSE)8037.44417.05x152144.40+90%+80.50%
Saraswati Saree Depot20 August 2024Mainboard160160.01107.38x194203.70+21.25%+27.31%
Kizi Apparels6 August 2024SME (BSE)215.58115.65x23.1524.30+10.24%+15.71%
United Cotfab24 June 2024SME (BSE)7036.29107.22x7578.75+7.14%+12.50%
Piotex Industries17 May 2024SME (BSE)9414.47107.50x109114.30+15.96%+21.60%
Signoria Creation19 March 2024SME (NSE)659.28669.64x131137.55+101.54%+111.62%
Shree Karni Fabcom14 March 2024SME (NSE)22742.49295.84x260273+14.54%+20.26%
Kalahridhaan Trendz23 February 2024SME (NSE)4522.498.20x47.1549.50+4.78%+10%
Shanti Spintex27 December 2023SME (BSE)7031.2525.53x7679.80+8.57%+14%
Mish Designs7 November 2023SME (BSE)1229.76122.28x160152+31.15%+24.59%
Vivaa Tradecom12 October 2023SME (BSE)517.991.76x40.8042.54-20%-16.59%
Karnika Industries12 October 2023SME (NSE)7625.072.96x8182.60+6.58%+8.68%
CPS Shapers7 September 2023SME (NSE)18511.10236.67x450472.50+143.24%+155.41%
Sahaj Fashions6 September 2023SME (NSE)3013.967.40x3130.35+3.33%+1.17%
Bizotic Commercial23 June 2023SME (BSE)17542.211.92x180171+2.86%-2.29%
TCNS Clothing30 July 2018Mainboard7161,125.135.22x716659.150%-7.94%