Rajnandini Fashion India IPO
Rajnandini Fashion India is a BSE SME IPO is priced at ₹59–₹63 per share with an issue size of ₹18.21 crore. The IPO opens on May 26, 2026 and closes on May 29, 2026, with a lot size of 2000 shares and a minimum investment of ₹2,52,000.
Rajnandini Fashion India Limited IPO
- IPO Dates
- May 26, 2026 – May 29, 2026
- Price band
- ₹59-63 per equity share
- Minimum Investment
- ₹2,52,000
- Issue size
- ₹18.21 Cr
- Lot size
- 2000
- Allotment Date
- Jun 1, 2026
- Listing
- Jun 3, 2026
- Listing At
- BSE SME
IPO timeline
-
May 26, 2026
Open Date
Completed
-
May 29, 2026
Close Date
Completed
-
Jun 1, 2026
Allotment Date
Completed
-
Jun 3, 2026
Listing Date
Completed
Rajnandini Fashion India IPO Expected Premium (Grey Market Trend)
Rajnandini Fashion India IPO GMP today is ₹7. Grey market premium (GMP) indicates expected listing sentiment.
Rajnandini Fashion India IPO expected premium (also known as grey market premium or GMP) indicates current market sentiment and potential listing expectations.
Expected Premium provided in this website is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Rajnandini Fashion India IPO Live Subscription Details
View Subscription DetailsRajnandini Fashion India IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Rajnandini Fashion India IPO Essentials
Rajnandini Fashion India IPO Details
Rajnandini Fashion India IPO is priced at ₹59-63 per share with a total issue size of 18.21 crore. The IPO has a lot size of 2000 shares and will be listed on BSE SME.
- Issue price
- ₹59-63 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 28,90,000 shares(agg. up to ₹18.21 Cr)
- Total issue size
- 28,90,000 shares
(aggregating up to ₹18.21 crore) - Fresh issue
- 28,90,000 shares
(aggregating up to ₹18.21 crore) - Listing at
- BSE SME
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Seren Capital Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 4,000 | ₹2,52,000 |
| Individual(max) | 2 | 4,000 | ₹2,52,000 |
| sHNI(min) | 3 | 6,000 | ₹3,78,000 |
| sHNI(max) | 7 | 14,000 | ₹8,82,000 |
| sHNI(min) | 8 | 16,000 | ₹10,08,000 |
Rajnandini Fashion India IPO Reservation
Rajnandini Fashion India IPO reservation details show category-wise allocation of shares. Out of the total 2890000 shares, approximately 18.96% are reserved for QIB, 14.33% for NII, 33.36% for retail investors, 5.05% for market maker, and 28.3% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 818000 (28.3%) | |
| Market Maker Shares Offered | 146000 (5.05%) | |
| QIB Shares Offered | 548000 (18.96%) | |
| NII (HNI) Shares Offered | 414000 (14.33%) | |
| bHNI > ₹10L | 276000 (9.39%) | 46 |
| sHNI < ₹10L | 138000 (4.85%) | 23 |
| Individual Shares Offered | 964000 (33.36%) | 241 |
| Total Shares Offered | 2890000 (100%) |
Rajnandini Fashion India IPO Analytics
Rajnandini Fashion India Valuations
Earnings
- EPS Pre IPO
- ₹6.77/-
- EPS Post IPO
- ₹6.61/-
- P/E Pre IPO
- 9.31
- P/E Post IPO
- 9.53
Returns
- ROE
- 43.32%
- ROCE
- 24.39%
- RoNW
- 35.64%
- PAT Margin
- 16.99%
Fundamentals
- Debt / Equity
- 0.97
- Price / Book
- 3.27
- Market Cap
- ₹65.33 Cr.
Rajnandini Fashion India Financials( In Crs.)
| 31-Dec-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 35.80 | 25.35 | 15.74 | 11.71 |
| Revenue | 31.22 | 31.27 | 23.60 | 28.02 |
| Profit After Tax | 5.14 | 5.06 | 2.29 | 0.37 |
| Net Worth | 14.42 | 9.31 | 4.24 | 1.95 |
| Reserves & Surplus | 6.94 | 9.09 | 4.02 | 1.73 |
| Total Borrowing | 13.96 | 8.84 | 7.01 | 6.19 |
Rajnandini Fashion India Company & Offer Insights
About Rajnandini Fashion India
Rajnandini Fashion is incorporated in the year 2010 and produces ethnic as well as casual wear for women through both online and offline modes of sale.
The ethnic wear offered by us is sarees, kurtis, kurta sets, unstitched dress materials, whereas our casual wears comprise of tops, tunics, dresses, and maternity gowns, which are made of various fabrics like cotton, rayon, silk, and poly-cotton.
The business is divided into two segments:
1. B2C or Business-to-Consumer: Sale of goods through our website and other popular e-commerce websites such as Amazon, Flipkart, Myntra, Ajio, Nykaa, etc. The company processed a total of 2.8 lakh orders in FY 2025.
2. B2B or Business-to-Business: Supply of fabric and stitched ready-made garments to wholesalers, retailers, and garment processors. Revenue from B2B segment during FY 2025 stood at Rs 1,170.31 lakh.
The products are sold under four brands namely Merira, Monira, Roly Poly, and Rajnandini, which serve varying price brackets. Product prices are generally between ₹250 and ₹2,000, based on the product type.
Company first manufacturing unit was started in Surat in 2023 and then shifted to Jaipur in 2024. Our Surat manufacturing unit has 90 sewing machines, while that of Jaipur has 50 sewing machines.
As of August 31, 2025, the company had a total workforce of 207 permanent employees.
Rajnandini Fashion India Promoter(s)
Vikesh Sushil Lunawat, Sushil Kumar Lunawat, Priyanka Chopra are the company's promoters of Rajnandini Fashion India.
Rajnandini Fashion India IPO Issue Objectives
- •
- Funding of capital expenditure for setting up a new manufacturing facility - ₹1.35 Cr.
- •
- Repayment of a portion of certain borrowings availed by our Company - ₹5.50 Cr.
- •
- Utilization towards working capital requirements - ₹7.00 Cr.
- •
- General Corporate Purpose
Contact Information
Contact Details
Rajnandini Fashion India
+91-7878352054
G1-41, RIICO, Tonk Road, Sitapura Industrial Area, Jaipur, Rajasthan - 302022.
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Rajnandini Fashion India IPO is a book-built IPO worth ₹18.21 crore. The price band is ₹59–₹63 per share. The IPO opens on May 26, 2026 and closes on May 29, 2026. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Rajnandini Fashion India IPO is ₹59 to ₹63 per share.
The lot size of Rajnandini Fashion India IPO is 2000 shares.
The minimum investment for Rajnandini Fashion India IPO is approximately ₹2,52,000 based on the upper price band .
Rajnandini Fashion India IPO opens on May 26, 2026 and closes on May 29, 2026.
The allotment date of Rajnandini Fashion India IPO is Jun 1, 2026.
Rajnandini Fashion India IPO is expected to be listed on Jun 3, 2026, on BSE SME Platform.
The Grey Market Premium (GMP) for Rajnandini Fashion India IPO is ₹7-9 as of May 28, 2026. Based on the upper price band of ₹63, the estimated listing price is ₹70, representing a potential gain of approximately 11%.
Rajnandini Fashion India IPO valuation snapshot: P/E 9.53, EPS ₹6.61/-, P/B 3.27, RoNW 35.64%, and market cap ₹65.33 Cr.
To apply for Rajnandini Fashion India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Rajnandini Fashion India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Rajnandini Fashion India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rajnandini Fashion India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rajnandini Fashion India IPO allotment status on IPO Ji for quick and easy access.