Rajnandini Fashion India IPO
Price Band
₹59 – ₹63
Issue Size
₹18.21 Cr
Lot Size
2000 shares
Min ₹2,52,000
Issue Dates
26 May – 29 May 2026
Listing Date
3 Jun 2026
About Rajnandini Fashion India Ltd
Rajnandini Fashion India Ltd. designs, manufactures, and sells women’s ethnic and casual apparel through both online and offline channels. Its product portfolio includes sarees, kurtis, kurta sets, dress materials, tops, tunics, dresses, and maternity gowns under brands such as Merira, Monira, Roly Poly, and Rajnandini. The company operates through B2C sales on e-commerce platforms like Amazon, Flipkart, Myntra, Ajio, and Nykaa, along with a B2B garment and fabric supply business.
Visit WebsiteIPO Details
| Price Band | ₹59 – ₹63 |
| Face Value | ₹10 |
| Lot Size | 2000 shares(Min ₹2,52,000) |
| Issue Size | ₹18.21 Cr |
| Fresh Issue | ₹18.21 Cr |
| Total Shares Offered | 28,90,000 |
| Listed On | BSE |
Objects of the Issue
Funding capital expenditure for a new manufacturing facility, repayment of borrowings, working capital requirements, and general corporate purposes
Key Financial Metrics
EPS (Basic)
₹6.75
P/E Ratio
9.33x
ROE
74.59%
ROCE
43.22%
Debt / Equity
0.95
Financial Performance
| Particulars (₹ Cr) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 28.02 | 23.6 | 31.27 |
| EBITDA | 1.03 | 3.79 | 7.48 |
| PAT | 0.37 | 2.29 | 5.05 |
| Total Assets | 11.71 | 15.74 | 25.35 |
| Net Worth | 1.95 | 4.24 | 9.29 |
| Total Borrowings | 6.19 | 7.01 | 8.84 |
Valuation
Market Capitalisation
P/E Ratio
Promoter Holding
Public Holding
Lot Size & Allocation
Investment by Category
| Category | Lot Size | Min Investment | Max Investment |
|---|---|---|---|
| Retail (RII) | 2 × 2000 | ₹2,52,000 | ₹2,52,000 |
| S-HNI | 3 × 2000 | ₹3,78,000 | ₹8,82,000 |
| B-HNI | 8 × 2000 | ₹10,08,000 | — |
| QIB | 2000 shares | — | — |
Reservation / Allocation
| Category | Allocation | Cut-off |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 49.78% | No |
| NII (Non-Institutional Investors) | 15.09% | No |
| RII (Retail Individual Investors) | 35.13% | No |
Registrar & Lead Managers
Peer Comparison
| Company | Listed | Mkt Cap (₹ Cr) | EPS (₹) | P/E | ROE % |
|---|---|---|---|---|---|
| Rajnandini Fashion India IPO (this IPO) | — | 65.33 | ₹6.75 | 9.33x | 74.59% |
| Rajnandini Fashion India Ltd | No | 65.33 | ₹6.75 | 9.33x | 74.59% |
| Nandani Creation Ltd. | Yes | — | — | 12.33x | — |
| Libas Consumer Products Ltd. | Yes | — | — | 9.99x | — |
Data as of 31/3/2025
Documents
Frequently Asked Questions
12 questions about Rajnandini Fashion India IPO IPO
Important Dates
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