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Sanjay Bambhaniya · May 29, 2026

Rajnandini Fashion India SME IPO Details 2026

SME Book Build Listed
Garments & Apparels (Textiles)
BSE SME
Price Band
₹59 - ₹63
Issue Size
₹18.21 Cr
Lot Size
2,000 Shares
Min. Investment
₹1,26,000
Live GMP ₹7
11.11% Est. Listing: ₹70
SIP CalcCompare
IPO Timeline
DRHP FILED March 26, 2026
OPEN May 26, 2026
CLOSE May 29, 2026
ALLOTMENT June 1, 2026
LISTING June 3, 2026
IPO DETAILS REVIEW GMP SUBSCRIPTION ALLOTMENT STATUS

Rajnandini Fashion India

Company overview & key insights

The Rajnandini Fashion India IPO size is ₹18.21 crore, including a fresh issue of ₹18.21 crore and an offer for sale of ₹– crore. It is a Book Building issue. The IPO issue opens on May 26, 2026 and closes on May 29, 2026. The share allotment is expected on June 1, 2026, and the listing date is June 3, 2026. Rajnandini Fashion India Ltd. is based in Jaipur, Rajasthan and operates in the Textiles sector. It filed its DRHP on 30th September 2025 and will list its shares on BSE SME. Bigshare Services Pvt.Ltd. is the registrar, while Seren Capital Pvt.Ltd. serves as the merchant banker for the offer.

Rajnandini Fashion India SME IPO Details 2026

IPO Highlights

Key details & important dates

IPO Details

Total Issues ₹18.21 Cr
Fresh Issue ₹18.21 Cr
Offer for Sale -
IPO Price Band ₹59 - ₹63
Face Value ₹10 per share
Lot Size 2,000 Shares
Listed On BSE SME

IPO Dates

DRHP Filed March 26, 2026
Issue Open May 26, 2026
Issue Close May 29, 2026
Allotment Date June 1, 2026
Refunds Initiation June 2, 2026
Credit of Shares June 2, 2026
Listing Date June 3, 2026

Stay up-to-date with all IPO details. Do not miss any deadlines & avoid missed investment opportunities.

How to Apply

IPO Issue Structure

Reservation & Lot Size Details

The company has reserved shares for various investor categories. The Retail Shares reservation is 35.13% (9,64,000 shares), and QIB has 47.27% (13,66,000). Further, the minimum lot size is 2,000 shares. The anchor investor reservation is –% (– shares), and the market maker reservation is 5.05% (1,46,000 shares).

IPO Reservation

QIB 13,66,000 (49.78%)
Anchor Investor –
QIB (Ex. Anchor) –
NII (HNI) 4,14,000 (15.09%)
bNII > ₹10L –
sNII < ₹10L –
Retail 9,64,000 (35.13%)
Employee 1,46,000 (5.05%)
Shareholder 28,90,000 (100.00%)

IPO Lot Size

Retail (Min)
2 | 4000 Shares
₹2,52,000
Small Investor Quota
Retail (Max)
2 | 4000 Shares
₹2,52,000
Retail Investment Limit
S-HNI (Min)
3 | 6000 Shares
₹3,78,000
Small HNI (₹2L – ₹10L)
S-HNI (Max)
7 | 14,000 Shares
₹8,82,000
Small HNI (Up to ₹10 L)
B-HNI (Min)
8 | 16,000 Shares
₹10,08,000
Big HNI (Above ₹10L)
Zerodha Apply Now Upstox Apply Now Angel One Apply Now

Tip: Determine your investment budget and your exact allotment chances based on your investor category.

Investment Guide

IPO Documents & GMP

Prospectus & Grey Market Premium

On 30th September 2025 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

DRHP Document Draft Red Herring Prospectus
RHP Document Red Herring Prospectus

IPO GMP

Live

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares.

Track live GMP Today

Financial Performance (₹ in Cr)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Total Income31.272428.02
Profit After Tax5.052.290.37
EBITDA7.483.791.03
Net Worth9.294.241.95
Assets25.3515.7411.71
Total Debt8.847.016.19

Key Performance Indicator

ParticularsFY25FY24FY23
EBITDA Margin (%)24.3816.224
PAT Margin (%)16.439.821
EPS (₹)6.753.061
ROE (%)54.2554.0119
ROCE (%)43.2234.2712
ROA (%)19.8814.553
Debt to Equity (x)0.951.653

IPO Financial Snapshot

Objectives & Key Metrics

IPO Objectives

Funding of capital expenditure for setting up a new manufacturing facility ₹1.41 Cr.
Repayment of a portion of certain borrowings availed by our Company ₹5.50 Cr.
Funding working capital requirements of the Company ₹9.00 Cr.
General Corporate Purposes ₹0.00 Cr.
Total Fund Requirement ₹15.91 Cr.

IPO Key Metrics

Pre IPO EPS
6.75
Earnings Per Share
Post IPO EPS
4.87
Earnings Per Share
Pre IPO P/E
9.33
Price to Earnings
Post IPO P/E
12.94
Price to Earnings
Market Capitalization ₹65.33 Cr.
Insight: IPO objectives and KPIs provide measurable data to track the company’s real growth.
IPO KPIs

Listing Day Trading
BSE SME

Final Issue Price ₹63
Open ₹64
Low ₹60
High ₹64
Last Trade
₹60.20
▼ – 4.44%
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Rajnandini Fashion India Ltd. Company Details

Company Profile · Overview

Rajnandini Fashion India Ltd. started its business in 2010. The company operates in the Textiles sector. It manufactures women’s apparel across ethnic and casual wear categories for the Indian market. Its main office is in Jaipur. It serves wholesalers, retailers, garment processors, and e-commerce customers every year. The firm employs 207 workers in various departments. Its leadership team has 15 years of industry experience.

Main Offerings

Ethnic wear clothing lines
Casual wear apparel options
Direct business fabric supplies
Ready-made garment distributions

Key Strengths

Wide product pricing variety
Multi-platform online sales channels
In-house factory operational units
Experienced promoter management team
Company Address: G1-41, RIICO, Tonk Road, Sitapura Industrial Area, Jaipur, Rajasthan, 302022. +91-7878352054 | cs@rfil.in
Intermediaries
Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
Lead Manager
Seren Capital Pvt.Ltd.
Market Maker
RESERVATION 1,46,000 shares (agg. up to Template Unit)

Frequently Asked Questions

5 FAQs
What is Rajnandini Fashion India IPO?

The firm sells its apparel products under four major distinct labels. These brands are named Merira, Monira, Roly Poly, and Rajnandini across segments. The enterprise set up its primary processing unit in Surat during 2023. They established their secondary expansion facility in Jaipur during the year 2024.

Rajnandini Fashion India, a Jaipur-based women’s apparel company, is launching an SME IPO on the BSE SME exchange. The IPO size is ₹18.21 Cr., with a fresh issue size of ₹18.21 Cr.

Where to check Rajnandini Fashion India IPO allotment?

You can check the Rajnandini Fashion India IPO allotment on Bigshare services registrar website on June 1, 2026 and the refunds would be processed on June 2, 2026.

What is the price band of Rajnandini Fashion India IPO?

The price band of Rajnandini Fashion India IPO is ₹59 – ₹ 63

What is the complete volume of the Rajnandini public offer?

The corporate house intends to issue 28,90,000 equity shares in this offer. The collective funds generated will amount to 18.21 crore rupees maximum.

What are the primary operational goals for this capital expansion?

The corporate house will utilize the capital to build another new garment facility. They will deploy other funds for debt clearance and general working expenditures.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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