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Fascinate Textiles Lists on NSE SME Platform Below IPO Price Amid Strong Subscription

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Fascinate Textiles Lists on NSE SME Platform Below IPO Price Amid Strong Subscription

Analysed 24 Aug 2026·2 sources analysed·North 24 Parganas district, India·Business
Fascinate Textiles Lists on NSE SME Platform Below IPO Price Amid Strong SubscriptionPreviousNext

Fascinate Textiles debuted on the NSE SME platform on August 24, 2026, listing at Rs 120.80 per share, about 20% below its IPO price of Rs 151. Despite the IPO being subscribed 1.45 to 1.48 times, including strong demand from institutional buyers, the stock traded lower, hitting an intraday low of Rs 114.80. The IPO raised Rs 64.83 crore, with proceeds aimed at expanding manufacturing capacity, funding working capital, and reducing debt. The company manufactures readymade garments with a focus on childrenswear.

Sentiment
46%
TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (46/100). Lens Score 36/100.

Outlets measured: businessstandard, economictimes. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 24 Aug 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (46/100)

Sentiment was consistent across outlets (45–48/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

economictimes broke this story on 24 Aug, 05:34 am. Other outlets followed.

24 Aug, 05:34 am2 sources · 5 min24 Aug, 05:39 am
  1. 1
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
B.R. Goyal Infrastructure Wins Rs 151 Crore NHAI User-Fee Collection Contract
Next →
Motilal Oswal Reiterates Buy on Hexaware Technologies with Rs 720 Target
economictimes24 Aug, 05:34 am
Fascinate Textiles shares list at 20 discount to issue price of Rs 151 on NSE SME platform
  • 2
    businessstandard24 Aug, 05:39 am
    NSE SME Fascinate Textiles gets off to a rocky start
  • Who's involved

    Institutions and figures named across source coverage.

    Corporate
    Fascinate Textiles LimitedFascinate Textiles

    Story context

    Category
    Business
    Location
    North 24 Parganas district, India
    Sources analysed
    2
    Last analysed
    24 Aug 2026
    Key entities
    Small and medium-sized enterprisesNational Stock Exchange of IndiaInitial public offeringTextileIndian rupeeWorking capitalLakhCapital expenditureNet incomeCroreISO 9000North 24 Parganas district