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Rajnandini Fashion India IPO IPO

SME26 May 202629 May 2026
Open
26 May 2026
Close
29 May 2026
3
Allotment
Listing
Wed, Jun 3, 2026
Price Band
₹59 to ₹63
Issue Size
28,90,000 shares (agg. up to ₹18 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Jun 3, 2026
Latest GMP
₹6
Est. Gain
9.52%
✦ AI Insight

GMP Trend

03-06-20266Est. ₹69+9.52%
02-06-20266Est. ₹69+9.52%
01-06-20267Est. ₹70+11.11%

Live Subscription

CategorySubscription (times)
Total143.00x

Restated Financials (₹ Cr.)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets35.8025.3515.7411.71
Total Income31.2231.2723.6028.02
Profit After Tax5.145.062.290.37
EBITDA7.117.483.791.03
NET Worth14.429.314.241.95
Reserves and Surplus6.949.094.021.73
Total Borrowing13.968.847.016.19
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Kiaasa Retail Ltd.SME₹69.74 Cr₹12719.31₹116.85-7.99%₹39.88 (+0.05%)
Fractal Industries Ltd.SME₹49.00 Cr₹21615.99₹217.55+0.72%₹210.00 (-0.80%)
Vashishtha Luxury Fashion Ltd.SME₹8.87 Cr₹11112.14₹121.75+9.68%₹56.99 (+1.55%)
Kaytex Fabrics Ltd.SME₹69.81 Cr₹18012.25₹150.60-16.33%₹59.20 (-2.31%)
N R Vandana Tex Industries Ltd.SME₹27.89 Cr₹458.95₹43.70-2.89%₹70.50 (-0.98%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding of capital expenditure for setting up a new manufacturing facility1.35
2Funding for repayment of a portion of certain borrowings availed by the Company5.50
3Utilization towards working capital requirements7.00
4General Corporate Purposes1.28
5Issue expenses3.07
Total18.21

About Rajnandini Fashion India IPO

Incorporated in 2010, Rajnandini Fashion designs, manufactures, and sells women’s apparel across ethnic and casual wear categories through both online and offline channels. Its ethnic wear range includes sarees, kurtis, kurta sets, and unstitched dress materials, while casual wear range covers tops, tunics, dresses, and maternity gowns made from fabrics such as cotton, rayon, silk, and poly-cotton. We operate in two segments: B2C (Business-to-Consumer): Direct sales through the co.website and major e-commerce platforms like Amazon, Flipkart, Myntra, Ajio, Nykaa, and others. The company processed 22,90,998 in December 2025. B2B (Business-to-Business): Supply of fabrics and ready-made garments to wholesalers, retailers, and garment processors. The B2B segment generated revenue of Rs 1,523.26 lakh in December 2025. Its products are sold under four brands – Merira, Monira, Roly Poly, and Rajnandini, catering to different price segments. Product prices generally range between ₹250 and ₹2,000, depending on the category. The company set up first manufacturing unit in Surat in 2023 and expanded to Jaipur in 2024. The Surat unit has 90 sewing machines, and the Jaipur unit has 50. As of Apri

Contact Details

Rajnandini Fashion India Ltd. AddressG1-41, RIICOTonk RoadSitapura Industrial AreaJaipur, Rajasthan, 302022+91-7878352054cs@rfil.inVisit Website