Game Changers Texfab Limited, the company behind TradeUNO Fabrics, is a Delhi-based textile sourcing and supply chain orchestration company offering an integrated B2B and B2C marketplace for fabrics. Established in 2015 and converted into a public company in 2024, it focuses on simplifying the fabric supply chain through technology and efficient sourcing.
The company specializes in sourcing premium-quality fabrics based on customer specifications—identifying the right suppliers, negotiating competitive prices, and ensuring consistent quality and sustainability. Its portfolio covers women’s wear fabrics and technical textiles such as PVC-coated materials, awnings, tarpaulins, upholstery fabrics, and sports goods textiles.
Game Changers Texfab offers 10,000+ fabric designs, categorized by type, pattern, color, and occasion, including:
- Cotton, Silk, and Satin fabrics
- Printed and Patterned collections
- Specialized self-branded and occasion wear fabrics
- Apparel and accessories
💼 Business Segments
- B2B Segment: Helps businesses procure small and bulk fabric orders, partnering with garment manufacturers, designers, and export houses through its sourcing offices.
- B2C Segment: Offers personalized fabric collections and frequent new launches under the TradeUNO brand.
- Made-to-Measure (Fall in Love brand): Provides custom-tailored garments with embroidery, embellishments, and value-added services.
- Online Sales: Through tradeuno.com, the company serves a nationwide customer base with an extensive digital catalog, connecting both retail and business buyers.
The company manages 10+ sourcing offices ensuring access to daily and premium fabrics, and operates two experience stores that double as sampling and customization centers. It follows a deemed manufacturing model, outsourcing production to six partner units to stay asset-light.
Game Changers Texfab IPO – Details
| IPO Opening Date | 28 October 2025 |
| IPO Closing Date | 30 October 2025 |
| Issue Type | Bookbuilding IPO |
| Issue Size | Total Issue: 53,76,000 Shares Worth ₹54.84 Crore Fresh Issue: 53,76,000 Shares Worth ₹54.84 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹96 – ₹102 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Game Changers Texfab IPO – Date Schedule
| IPO Open Date | 28 October 2025 |
| IPO Close Date | 30 October 2025 |
| Basis of Allotment | 31 October 2025 |
| Initiation of Refund | 03 November 2025 |
| Credit of Shares to Demat | 03 November 2025 |
| IPO Listing Date | 04 November 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 30, 2025 |
Game Changers Texfab IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,44,800 |
| Retail (Max) | 2 | 2,400 | ₹2,44,800 |
| S-HNI (Min) | 3 | 3,600 | ₹3,67,200 |
| S-HNI (Max) | 8 | 9,600 | ₹9,79,200 |
| B-HNI (Min) | 9 | 10,800 | ₹11,01,600 |
Competitive Strength
- Deemed Manufacturing.
- International Tie-ups.
- Technology Integration.
- Designer On-boarding Initiative.
- Digital Commerce Arrangements.
- Boutique Partnerships.
Company Promoters
- Mr. Ankur Aggarwal
- Mr. Sanjeev Goel
- Force Multiplier ECommerce Private Limited
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹100.58 Cr | ₹50.41 Cr | ₹0.53 Cr | ₹6.46 Cr |
| 31 March 2024 | ₹97.86 Cr | ₹58.88 Cr | ₹4.27 Cr | ₹5.54 Cr |
| 31 March 2025 | ₹115.59 Cr | ₹83.91 Cr | ₹12.07 Cr | ₹5.66 Cr |
| 30 June 2025 | ₹24.11 Cr | ₹102.34 Cr | ₹4.27 Cr | ₹9.88 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 80.59% |
| ROCE | 65.97% |
| Debt/Equity | 0.27 |
| RoNW | 80.59% |
| PAT Margin | 10.44% |
| EBITDA Margin | 16.09% |
| Price to Book Value | 6.08 |
| Market Capitalization | 182.51 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.64 | 9.54 |
| P/E (x) | 10.58 | 10.70 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding capital expenditure. | ₹15.00 |
| Funding overall working capital requirements. | ₹25.50 |
| General Corporate Purposes, including unidentified inorganic acquisitions. | – |
✅Strengths
- Experienced promoters with strong textile and business expertise.
- Wide fabric range (10,000+ designs) including women’s wear & technical textiles.
- 10+ sourcing offices and 500+ supplier network.
- Hybrid online–offline model via TradeUNO.
- Asset-light operations through outsourced manufacturing.
⚠️Risks
- Dependence on third-party manufacturers.
- Fabric price fluctuations may affect margins.
- Textile demand sensitive to economic cycles.
- Regulatory or trade policy changes may impact business.
- High competition in a fragmented textile market.
Game Changers Texfab IPO Promoter Holding
| Pre Issue Share Holding | 98.67% |
| Post Issue Share Holding | – |
Game Changers Texfab IPO Prospectus
Company Contact Information
| Game Changers Texfab Ltd. 3656-P NO-21, Hathi Khanna, Bahadur Garh Road, Delhi, New Delhi, 110006 Phone: +91 8377936803 Email: compliance@tradeuno.com Website: http://www.tradeuno.com/ |
Game Changers Texfab IPO Registrar
| Skyline Financial Services Pvt.Ltd. Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Game Changers Texfab IPO Lead Manager(s)
| 1. Corpwis Advisors Pvt.Ltd. |
Game Changers Texfab IPO FAQ
| What is Game Changers Texfab IPO? Game Changers Texfab IPO is an SME IPO. The issue is priced at ₹96 – ₹102 per equity share. The IPO is to be listed on BSE SME. |
| When Game Changers Texfab IPO will open? The IPO is to open on 28 October 2025 for QIB, NII, and Retail Investors. |
| What is Game Changers Texfab IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Game Changers Texfab IPO Size? Game Changers Texfab IPO size is ₹54.84 Crore. |
| What is Game Changers Texfab IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2,400 Shares with ₹2,44,800 amount, while the maximum bid is 2,400 Shares with ₹2,44,800. |
| What is the Game Changers Texfab IPO Allotment Date? Game Changers Texfab IPO allotment date is 31 October 2025. |
| What is the Game Changers Texfab IPO Listing Date? Game Changers Texfab IPO listing date is 04 November 2025. The IPO is to be listed on the BSE SME. |
