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Rajnandini Fashion India Limited Logo

Rajnandini Fashion India Limited

Offer PeriodMay 26, 2026 – May 29, 2026
Listed Price
₹63.00
+0.00%
Price Band₹59 - ₹63
Lot Size2,000 Shares
Allotment DateJun 01, 2026
Listing DateJun 03, 2026
Subscription203.82 Times
Issue Size₹18.21 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹5
(7.94%)

Premium (ELP)

Rajnandini Fashion India Limited's successfully completed its Initial Public Offering and commenced trading on Jun 03, 2026 at the BSE exchange. The company raised 28,90,000 Shares through this public offering, comprising 28,90,000 Shares in fresh capital.

The IPO was priced within the band of ₹59 to ₹63, with minimum application lots of 2000 shares. The offering attracted significant investor interest during its subscription period from May 26, 2026 to May 29, 2026.

Share allotment was finalized on Jun 01, 2026, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Rajnandini Fashion IPO Details
IPO Date
:
May 26, 2026 to May 29, 2026
Allotment Date
:
Jun 01, 2026
List Date
:
Jun 03, 2026
Lot Size
:
2,000 share
Issue Price
:
₹59 - ₹63
Issue Size
:
28,90,000 (aggregating up to 18.21 Cr)
Fresh Issue
:
28,90,000 (aggregating up to 18.21 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
74,80,000
Share Holding Post-Issue
:
1,03,70,000
Market Marker Portion
:
1,46,000
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares28,90,000
ANCHOR
28.30%(8,18,000)
QIB
18.96%(5,48,000)
HNI
14.33%(4,14,000)
RETAIL
33.36%(9,64,000)
Market Maker
5.05%(1,46,000)
Total
100.00%(28,90,000)
Rajnandini Fashion IPO Key Performance Indicators
Company Financials (In Crores)
Rajnandini Fashion IPO About Company

Founded in 2010, Rajnandini Fashion is engaged in designing, manufacturing, and selling women’s apparel in both ethnic and casual wear categories through online and offline platforms. Its ethnic collection includes sarees, kurtis, kurta sets, and unstitched dress materials, while the casual wear range features tops, tunics, dresses, and maternity gowns made from fabrics like cotton, rayon, silk, and poly-cotton. The company operates in both B2C and B2B segments, selling directly through its website and leading e-commerce platforms such as Amazon, Flipkart, Myntra, Ajio, and Nykaa, while also supplying fabrics and garments to wholesalers and retailers. Its products are marketed under four brands – Merira, Monira, Roly Poly, and Rajnandini – with pricing generally ranging from ₹250 to ₹2,000. The company established its first manufacturing unit in Surat in 2023 and later expanded to Jaipur in 2024. Together, both units operate with 140 sewing machines, and as of August 31, 2025, the company employed 207 permanent staff members.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

Rajnandini Fashion IPO Strength Factors
  1. Diversified Apparel Portfolio : Offers ethnic and casual wear across multiple brands and price segments.
  2. Strong Online Presence : Availability on major e-commerce platforms supports wider customer reach and sales growth.
  3. In-House Manufacturing Capabilities : Own production facilities improve quality control and operational efficiency.
⚠️Rajnandini Fashion IPO Risk Factors
  1. High Competition in Fashion Industry : Faces strong competition from established apparel and D2C brands.
  2. Dependence on E-commerce Platforms : Significant reliance on online marketplaces may impact margins and visibility.
  3. Fashion Trend Sensitivity : Demand depends on changing consumer preferences and seasonal trends.
🏦Rajnandini Fashion IPO Lead Manager(s)
Seren Capital Private Limited
👤Rajnandini Fashion IPO Promoter(s)
  1. Vikesh Sushil Lunawat
  2. Sushil Kumar Lunawat
  3. Priyanka Chopra
🏢Rajnandini Fashion IPO Company Details

Rajnandini Fashion India Limited

Phone:+91-7878352054
address:G1-41, RIICO, Tonk Road Sitapura Industrial Area Jaipur, Rajasthan, 302022
📋Rajnandini Fashion IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited
Phone:+91-22-6263 8200
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