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Rajnandini Fashion India Ltd.

SME
ListedListed on 3 Jun 2026+0.0%

Price Range

₹59–63

Issue Size

₹ 13 Cr

Lot Size

4000 Shares

Min. Investment

₹ 2,36,000

Financial Summary

(in crores)
ParticularsFY 2024-25FY 2023-24
Operating Revenue3,068.952,331.84
Other Income57.827.94
Total Income3,126.752,359.78
Total Expenses2,306.541,951.76
Profit Before Tax679.15306.48
Total Profit504.82229.04

Subscription Details

189.46xTotal
Subscription
Retail
168.63x
NII - Small
0.00x
NII - Big
0.00x
QIB
122.04x
Employees
0.00x

IPO Timeline

IPO Offer Start

26 May 2026

IPO Offer Ends

29 May 2026

Listing Date

3 Jun 2026

Use of Proceeds

#PurposeAmount (₹ Cr)
1Funding of capital expenditure for setting up a new manufacturing facility13.529
2Funding for repayment of a portion of certain borrowings availed by our54.983
3Utilization towards working capital requirements 70

Promoters

Vikesh Sushil LunawatSushil Kumar LunawatPriyanka Chopra

Promoter Shareholding

Pre-IPO

100.00%

Promoter stake

Post-IPO

70.10%

Promoter stake

Offered to Public

20,72,000

shares

Post Share Capital

72,70,000

shares

About the Company

Incorporated in 2010, our Company is primarily engaged in the design, manufacturing and sale of women’s apparel, catering to both ethnic and casual wear categories through online and offline channels. Our ethnic wear portfolio includes unstitched dress materials, sarees, kurtis and kurta sets, while the casual wear portfolio comprises tops, tunics and maternity gowns made of poly-cotton, rayon, silk, cotton and other fabrics. Our sales operations are carried out under two segments – business-to-consumer (B2C) and business-to-business (B2B). In the B2C segment, sales are made directly to individual customers through various e-commerce platforms and our own website i.e. www.rajnandinifashion.com. In the B2C segment, the Company processed 3,89,852 orders during Fiscal 2023, 2,55,856 orders during Fiscal 2024 and 2,78,046 orders during Fiscal 2025.In the B2B segment, we supply apparel products to wholesalers and retailers and undertake bulk trading of fabrics, including printed design fabrics and dyed plain fabrics, which cater to garment processors and bulk buyers. These trading operations enable us to address a broader segment of the textile value chain. During Fiscal 2023, Fiscal 2024 and Fiscal 2025, the Company generated revenue of ?113.22 lakhs, ?408.25 lakhs and ?1,170.31 lakhs, respectively, through B2B segment.

Use of Proceeds

1. Funding of capital expenditure for setting up a new manufacturing facility; 2. Repayment of a portion of certain borrowings availed by our Company; 3. Utilization towards working capital requirements; and 4. General Corporate Purpose.