Game Changers Texfab SME IPO Subscription Status
Game Changers Texfab SME IPO closed on 30 October 2025 with an overall subscription of 1.17x based on shares applied. QIB demand came in at 1.63x, NII at 1.83x, and retail at 1.18x.
Allotment will be finalised on 31 October 2025. The stock is scheduled to list on NSE and BSE on 4 November 2025.
Issue Price
Rs 102.00
GMP Today
-
Overall Subscription
1.17x
Issue Size
₹52.08 Cr
Allotment Date
31 Oct 2025
Listing Date
4 Nov 2025
Game Changers Texfab SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 102.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 10.42 Cr | Rs 17.00 Cr | 1.63x |
| FII | - | Rs 9.01 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 7.99 Cr | - |
| NII | Rs 7.82 Cr | Rs 14.31 Cr | 1.83x |
| bNII (above Rs 10L) | Rs 5.21 Cr | Rs 10.34 Cr | 1.98x |
| Corporate | - | Rs 2.86 Cr | - |
| Individual | - | Rs 7.48 Cr | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.61 Cr | Rs 3.97 Cr | 1.52x |
| Corporate | - | Rs 4.90 L | - |
| Individual | - | Rs 3.92 Cr | - |
| Other | - | - | - |
| IND | Rs 18.24 Cr | Rs 21.59 Cr | 1.18x |
| Fixed price | - | Rs 21.59 Cr | - |
| Total | Rs 36.48 Cr | Rs 52.90 Cr | 1.45x |
Game Changers Texfab SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 851 | 7 | 0.01x |
| FII | - | 2 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 5 | - |
| NII | 213 | 143 | 0.67x |
| bNII (above Rs 10L) | 142 | 57 | 0.40x |
| Corporate | - | 2 | - |
| Individual | - | 55 | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | 71 | 86 | 1.21x |
| Corporate | - | 1 | - |
| Individual | - | 85 | - |
| Other | - | - | - |
| IND | 745 | 882 | 1.18x |
| Fixed price | - | 882 | - |
| Total | 1,809 | 1,032 | 0.57x |
What Do These Subscription Numbers Mean?
A subscription of 1.17x by shares means the IPO received bids for 1 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.63x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.63x, it reflects serious institutional conviction.
NII at 0.67x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.40x and sNII at 1.21x by applications. Share subscription was 1.83x. Allotment uses application count, not share volume.
At 1.18x subscription by applications, approximately 1 in 1 retail applicants can expect an allotment (~84% per application). Retail allotment is done by lottery when oversubscribed.
Game Changers Texfab SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 1.18x.
- •Allotment odds: about 1 in 1 (~84% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 1.21x.
- •Allotment odds: about 1 in 1 for a minimum-lot application (~83% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.40x.
- •Share subscription was 1.98x. Allotment uses application count, not share volume.
Check the Game Changers Texfab SME IPO Allotment Status page from 31 October 2025 for your allotment result.
Game Changers Texfab SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 28 Oct 2025 | 0.00x | 0.40x | 0.40x | 0.24x |
| Day 2 - 29 Oct 2025 | 0.06x | 0.43x | 0.66x | 0.38x |
| Day 3 - 30 Oct 2025 | 1.01x | 1.48x | 1.18x | 1.17x |
Game Changers Texfab SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 28 October 2025 |
| IPO Close Date | 30 October 2025 |
| Allotment Date | 31 October 2025 |
| Refund Initiation | 1 November 2025 |
| Share Credit to Demat | 1 November 2025 |
| Listing Date | 4 November 2025 |
| Minimum Investment | Rs 2,44,800.00 |
| Lot Size | 1200 shares |
About Game Changers Texfab SME
Game Changers Texfab Limited is an integrated fabric solutions provider that specializes in sourcing high-quality fabrics, with a focus on women’s wear and technical textiles (like PVC-coated and outdoor fabrics). The company operates on an asset-light model, utilizing a network of over 10 sourcing offices and 6 'deemed manufacturing' units (outsourced production). It also focuses on the retail segment through its brands **TradeUNO** (premium fabrics) and **Fall in Love** (ready-made and made-to-measure garments), leveraging a strong online platform featuring over 10,000 fabric designs and in-store customization services.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Game Changers Texfab SME IPO GMP Today
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Game Changers Texfab SME IPO Allotment Status
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Game Changers Texfab SME IPO Details
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All IPO Subscription Status
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Game Changers Texfab SME IPO Subscription FAQs
What is Game Changers Texfab SME IPO subscription status today?
Game Changers Texfab SME IPO subscription closed on 30 October 2025 with overall subscription of 1.17x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 1.63x, NII 0.67x, IND 1.18x.
What is the overall subscription of Game Changers Texfab SME IPO?
Game Changers Texfab SME IPO is subscribed 1.17x overall by shares at close on 30 October 2025. QIB 1.63x, NII 0.67x, and IND 1.18x.
What is Game Changers Texfab SME IPO QIB subscription?
Game Changers Texfab SME IPO QIB (Qualified Institutional Buyers) subscription is 1.63x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Game Changers Texfab SME IPO IND subscription?
Game Changers Texfab SME IPO IND subscription is 1.18x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Game Changers Texfab SME IPO NII subscription?
Game Changers Texfab SME IPO NII (Non-Institutional Investors) subscription is 0.67x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Game Changers Texfab SME IPO for retail?
At 1.18x subscription by applications, approximately 1 in 1 retail applicants can expect an allotment (~84% per application). Allotment is done by lottery.
When is Game Changers Texfab SME IPO allotment date?
Game Changers Texfab SME IPO allotment date is 31 October 2025. Check Game Changers Texfab SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Game Changers Texfab SME IPO subscription close?
Game Changers Texfab SME IPO subscription closed on 30 October 2025. No new applications are accepted after the close.
What is Game Changers Texfab SME IPO GMP today?
GMP for Game Changers Texfab SME IPO is not available yet. Track Game Changers Texfab SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Game Changers Texfab SME IPO issue price and lot size?
Game Changers Texfab SME IPO issue price is ₹102 per share. Lot size is 1200 shares. Minimum investment is ₹2,44,800 per lot (minimum 2 lots for SME). Issue size: ₹52.08 Cr.
When is Game Changers Texfab SME IPO listing date?
Game Changers Texfab SME IPO listing date is 4 November 2025 on NSE and BSE. Allotment is on 31 October 2025.
How does subscription affect Game Changers Texfab SME IPO allotment?
Allotment odds in Game Changers Texfab SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.17x overall, competition is moderate.
For allotment results from 31 October 2025, visit the Game Changers Texfab SME IPO Allotment Status page. For listing day updates on 4 November 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.