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Rajnandini Fashion India Ipo

SMEListed
203.74x
Subscribed

IPO Listing Details

Listed on

Issue price

₹63

Listing price

Listing gains

Rajnandini Fashion India Ipo Details

Bidding date

26 - 29 May 26

Minimum investment

₹2,52,000

Lot size

4,000

Price range

₹59 - ₹63

Issue size

28.9 L Shares

IPO doc

RHP PDF

Allotment date

1 Jun 26

IPO Status

Offer start

26 May 26

Offer end

29 May 26

Allotment

1 Jun 26

Refund initiation

2 Jun 26

Demat transfer

2 Jun 26

Listing

3 Jun 26

Subscription Rate

Investor CategorySubscription Rate
QIB (Excl. Anchor)122.04x
NII393.63x
NII (Above 10L)199.64x
Individual Investors168.63x
Total Subscription203.74x
About the company

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: 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 April 30, 2026, the company had a total workforce of 146 permanent employees.

Issue size

Funds Raised in the IPOAmount
Overall Issue Size₹18.21 Cr
Reserved for Market Maker₹91.98 L
Net Offer to Public