Rajnandini Fashion India IPO

Rajnandini Fashion India is a BSE SME IPO is priced at ₹59–₹63 per share with an issue size of ₹18.21 crore. The IPO opens on May 26, 2026 and closes on May 29, 2026, with a lot size of 2000 shares and a minimum investment of ₹2,52,000.

Rajnandini Fashion India Limited IPO

BSE SME
₹2,52,000 (4000 Shares)
Minimum Investment
IPO Dates
May 26, 2026 – May 29, 2026
Price band
₹59-63 per equity share
Minimum Investment
₹2,52,000
Issue size
₹18.21 Cr
Lot size
2000
Allotment Date
Jun 1, 2026
Listing
Jun 3, 2026
Listing At
BSE SME

IPO timeline

  1. May 26, 2026

    Open Date

    Upcoming

  2. May 29, 2026

    Close Date

    Upcoming

  3. Jun 1, 2026

    Allotment Date

    Upcoming

  4. Jun 3, 2026

    Listing Date

    Upcoming

Rajnandini Fashion India IPO Essentials

Rajnandini Fashion India IPO Details

Rajnandini Fashion India IPO is priced at ₹59-63 per share with a total issue size of 18.21 crore. The IPO has a lot size of 2000 shares and will be listed on BSE SME.

Issue price
₹59-63 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share
Issue size
28,90,000 shares(agg. up to ₹18.21 Cr)
Total issue size
28,90,000 shares
(aggregating up to ₹18.21 crore)
Fresh issue
28,90,000 shares
(aggregating up to ₹18.21 crore)
Listing at
BSE SME
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Seren Capital Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 4,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 4,000 ₹2,52,000
Individual(max) 2 4,000 ₹2,52,000
sHNI(min) 3 6,000 ₹3,78,000
sHNI(max) 7 14,000 ₹8,82,000
sHNI(min) 8 16,000 ₹10,08,000

Rajnandini Fashion India IPO Documents

Rajnandini Fashion India IPO Analytics

Rajnandini Fashion India Valuations

Fundamentals

Market Cap
Cr.

Data sourced from DRHP / RHP • For educational purposes only

Rajnandini Fashion India Financials( In Crs.)

31-Mar-25 31-Mar-24 31-Mar-23
Assets 25.35 15.74 11.71
Revenue 31.27 23.60 28.02
Profit After Tax 5.05 2.29 0.37
Net Worth 9.29 4.24 1.95
Reserves & Surplus 9.07 4.02 1.73
Total Borrowing 8.84 7.01 6.19

Rajnandini Fashion India Company & Offer Insights

About Rajnandini Fashion India

Rajnandini Fashion is incorporated in the year 2010 and produces ethnic as well as casual wear for women through both online and offline modes of sale.
The ethnic wear offered by us is sarees, kurtis, kurta sets, unstitched dress materials, whereas our casual wears comprise of tops, tunics, dresses, and maternity gowns, which are made of various fabrics like cotton, rayon, silk, and poly-cotton.

The business is divided into two segments:
1. B2C or Business-to-Consumer: Sale of goods through our website and other popular e-commerce websites such as Amazon, Flipkart, Myntra, Ajio, Nykaa, etc. The company processed a total of 2.8 lakh orders in FY 2025.
2. B2B or Business-to-Business: Supply of fabric and stitched ready-made garments to wholesalers, retailers, and garment processors. Revenue from B2B segment during FY 2025 stood at Rs 1,170.31 lakh.

The products are sold under four brands namely Merira, Monira, Roly Poly, and Rajnandini, which serve varying price brackets. Product prices are generally between ₹250 and ₹2,000, based on the product type.
Company first manufacturing unit was started in Surat in 2023 and then shifted to Jaipur in 2024. Our Surat manufacturing unit has 90 sewing machines, while that of Jaipur has 50 sewing machines.
As of August 31, 2025, the company had a total workforce of 207 permanent employees.

Rajnandini Fashion India Promoter(s)

Vikesh Sushil Lunawat, Sushil Kumar Lunawat, Priyanka Chopra are the company's promoters of Rajnandini Fashion India.

Rajnandini Fashion India IPO Issue Objectives

Funding of capital expenditure for setting up a new manufacturing facility
Repayment of a portion of certain borrowings availed by our Company
Utilization towards working capital requirements
General Corporate Purpose

Contact Information

Contact Details

Rajnandini Fashion India

+91-7878352054

cs@rfil.in

https://rfil.in

G1-41, RIICO, Tonk Road, Sitapura Industrial Area, Jaipur, Rajasthan - 302022.

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Rajnandini Fashion India IPO is a book-built IPO worth ₹18.21 crore. The price band is ₹59–₹63 per share. The IPO opens on May 26, 2026 and closes on May 29, 2026. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of Rajnandini Fashion India IPO is ₹59 to ₹63 per share.

The lot size of Rajnandini Fashion India IPO is 2000 shares.

The minimum investment for Rajnandini Fashion India IPO is approximately ₹2,52,000 based on the upper price band .

Rajnandini Fashion India IPO opens on May 26, 2026 and closes on May 29, 2026.

The allotment date of Rajnandini Fashion India IPO is Jun 1, 2026.

Rajnandini Fashion India IPO is expected to be listed on Jun 3, 2026, on BSE SME Platform.

The Grey market premium (GMP) for Rajnandini Fashion India IPO indicates market sentiment and potential listing expectations based on unofficial trading activity.

Rajnandini Fashion India IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW %, and market cap Cr.

To apply for Rajnandini Fashion India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Rajnandini Fashion India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Rajnandini Fashion India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Rajnandini Fashion India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rajnandini Fashion India IPO allotment status on IPO Ji for quick and easy access.