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HomeIPORajnandini Fashion India

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.

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Issue Size22561.57 Cr
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Rajnandini Fashion India

Rajnandini Fashion India

Open Date

May 26, 2026

Close Date

May 29, 2026

listed

Min Investment

₹2,52,000

Lot Size

2000 Shares

Issue Size

₹18.21 Cr

Price Range

₹59 - ₹59

Listing Date

Jun 3, 2026

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Revenue Growth

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The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹6(+10.17%)GMP
4.76%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Rajnandini Fashion India IPO - Issue Objectives

The company will use ₹1.35 crore for setting up a new manufacturing facility. The company will use ₹5.49 crore for repayment of borrowings. The company will use ₹7 crore for working capital requirements of business. Part of the IPO proceeds will be used for issue expenses of this IPO.

Capital Expenditure

7.4%

Repayment of debt

30.2%

Working capital

38.4%

General corporate purposes

23.9%

1

Capital Expenditure

The company will use ₹1.35 crore for setting up a new manufacturing facility.

7.40%
2

Repayment of debt

The company will use ₹5.49 crore for repayment of borrowings.

30.20%
3

Working capital

The company will use ₹7 crore for working capital requirements of business.

38.40%
4

General corporate purposes

Part of the IPO proceeds will be used for issue expenses of this IPO.

23.90%

IPO Subscription Status

QIB
122.04x
NII
393.99x
Total
203.82x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Rajnandini Fashion India

In Cr.

Contact Details

Rajnandini Fashion India

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

+917878352054
cs@rfil.in
https://rfil.in

Rajnandini Fashion India IPO - FAQs

Rajnandini Fashion India IPO is a SME IPO. The issue is priced at 59-₹63. The minimum order quantity is 2000 Shares. The IPO opens on 26 May, and closes on 29 May. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-05-25
  • Bidding Starts2026-05-26
  • Bidding Ends2026-05-29
  • Allotment Finalisation2026-06-01
  • Release of Funds2026-06-02
  • Demat Transfer2026-06-02
  • Listing2026-06-03