Rajnandini Fashion India Ltd.
SMEBSE₹59–63
₹ 13 Cr
4000 Shares
₹ 2,36,000
₹10
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 3,068.95 | 2,331.84 | |
| 57.8 | 27.94 | |
| 3,126.75 | 2,359.78 | |
| 2,306.54 | 1,951.76 | |
| 679.15 | 306.48 | |
| 504.82 | 229.04 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
26 May 2026
IPO Offer Ends
29 May 2026
3 Jun 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding of capital expenditure for setting up a new manufacturing facility | 13.529 |
| 2 | Funding for repayment of a portion of certain borrowings availed by our | 54.983 |
| 3 | Utilization towards working capital requirements | 70 |
Promoters
Book Running Lead Managers
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
IPO Registrar
Bigshare Services Pvt Ltd
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.
Rajnandini Fashion India Ltd. Latest News
IPO FAQs
The Rajnandini Fashion India Ltd. IPO has a total of ₹13 crore, calculated at the upper end of the .
The Rajnandini Fashion India Ltd. IPO is priced at ₹59–63 per share. bids must fall within this , against a of ₹10 per share.
The for the Rajnandini Fashion India Ltd. IPO is 4,000 shares, which is also the minimum order quantity — you have to apply for at least 4,000 shares, and in multiples of 4,000 beyond that.
The minimum investment in the Rajnandini Fashion India Ltd. IPO is about ₹2,36,000 — one lot of 4,000 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Rajnandini Fashion India Ltd. opens on 26 May 2026 and closes on 29 May 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Rajnandini Fashion India Ltd. shares were listed on 3 Jun 2026 on BSE.
Bigshare Services Pvt Ltd is the for the Rajnandini Fashion India Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Rajnandini Fashion India Ltd. IPO shares are listed on BSE.
Each Rajnandini Fashion India Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 100.00% of Rajnandini Fashion India Ltd. before the IPO, which falls to 70.10% after the issue.
20,72,000 shares of Rajnandini Fashion India Ltd. are being offered to the public in this issue.
The Rajnandini Fashion India Ltd. IPO has been subscribed 189.46x overall — 122.04x, 291.27x and 168.63x.
figures update through the issue period until it closes.
- 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
- 4.General Corporate Purpose
Seren Capital Pvt Ltd. is the book running lead manager for the Rajnandini Fashion India Ltd. IPO.
Pre-apply means placing your Rajnandini Fashion India Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Rajnandini Fashion India Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Rajnandini Fashion India Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.