Kaytex Fabrics IPO: Day 1 Highlights!

prashant soni

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00:00Stop scrolling, there's a fresh IPO on the block.

00:02Katex Fabrics just hit the NSC SME platform.

00:05Let's break down the key numbers, fast.

00:08The IPO runs from 29th to the 31st of July, with shares priced RS-171 to RS-1-80 each.

00:14Minimum lot? 800 shares, so you'll need about RS-144 locked to apply.

00:19Day 1 GMP is RS-32, potential gains of 18%.

00:22The company's a Punjab-based textile player, showing strong profits and growth.

00:27But watch for high regional dependence and working capital needs.

00:30Fancy a punt? Do your research before you jump in.

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