Dudani Retail IPO: Rs 10.54 Crore SME Issue at Rs 29
By Business Desk
Discover key details of the Dudani Retail Limited SME IPO aiming to raise Rs 10.54 crore at Rs 29 per share. Check dates, financials, and issue size.
Dudani Retail Limited is launching its SME IPO on the BSE platform as a fixed-price offering of 36,36,000 shares at Rs 29 per share, aiming to raise approximately Rs 10.54 crore. The subscription window opens on September 25, 2026, and closes on September 29, 2026, with the listing scheduled for October 5, 2026.
Issue Details and Key Numbers
- Issue size: 36,36,000 shares
- Price per share: Rs 29
- Target raise: Rs 10.54 crore
- P/E ratio: 10.98x
- Return on Net Worth: 21.19%
The company operates using an asset-light model focused on designing, manufacturing, and supplying women’s ethnic and fusion wear alongside men’s wear trading. Distribution spans major e-commerce marketplaces including Myntra, Amazon, and Flipkart, alongside its proprietary website and quick-commerce arrangements.
Allocation of Proceeds and Financials
- Machinery upgrades
- Debt repayment
- Working capital
- Strategic business development
Established in 2015, the apparel firm reports a P/E ratio of 10.98x and a Return on Net Worth of 21.19%. While integrated workflows and established supplier networks support operations, key risks include reliance on third-party processors, rented premises, and heavy competition in the apparel industry.