
Game Changers Texfab Ltd IPO
NSELot: 1200Textiles
About Game Changers Texfab Ltd
Game Changers Texfab Ltd is an SME focused on the textile industry, likely involved in manufacturing, processing, or trading of textile products. The company is launching an IPO to raise capital for expansion and working capital requirements.
Subscription Status
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 1.01x | 0.06x | 0.00x |
| NII | 1.48x | 0.43x | 0.40x |
| Retail | 1.18x | 0.66x | 0.40x |
| Total | 1.17x | 0.38x | 0.24x |
Risk Factors
Promoters & Management
The key management team includes Mr. Sanjeev Goel, the Managing Director, and Mr. Ankur Aggarwal, the Executive Director and Chief Financial Officer. Mr. Sanjeev Goel has an overall experience of 25 years, including 17 years in the Information Technology division and 8 years of business experience with the company. He holds a Bachelor of Technology in Computer Engineering and a Master of Technology in Management & Systems. Mr. Ankur Aggarwal has an experience of 19 years in the field of textiles. He holds a Bachelor of Business Administration. The board also includes Ms. Rashmi Goel as a Non-Executive Women Director, Mr. Ved Parkash Goel and Mr. Vishal Agrawal as Non-Executive Independent Directors, and Mr. Swapnil Madhusudan Dighe as a Non-Executive Independent Director. The management team's expertise and leadership are instrumental in driving the company's success. The company has established various committees to ensure effective corporate governance, including an Audit Committee, a Stakeholders' Relationship Committee, a Nomination and Remuneration Committee, a Risk Management Committee, and a Corporate Social Responsibility Committee.