Rajnandini Fashion India

UPCOMING

IPO Date: 26 May - 29 May 2026

Listing Date: 3 Jun 2026

Price Range

₹59 – ₹63

Issue Size

18 Cr

Min Investment

₹1,18,000

Lot Size

2000 Shares

View IPO Document

Schedule of Rajnandini Fashion India

Issue open date

26 May 2026

Issue close date

29 May 2026

UPI mandate deadline

29 May 2026 (5 PM)

Allotment finalization

1 Jun 2026

Share credit

2 Jun 2026

Listing date

3 Jun 2026

Mandate end date

13 Jun 2026

Issue size

Funds Raised in the IPOAmount
Overall18 Cr
Fresh Issue0.29 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date1 Jun 2026
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
22 May 2026₹63₹0₹63 (0%)

Performance Rajnandini Fashion India

Issue PriceListing GainCurrent Market PriceP/L
₹59 – ₹63............

About Rajnandini Fashion India

Rajnandini Fashion India limited is engaged in the design, manufacturing, trading, and retailing of women’s ethnic and casual wear products in India. The company offers a diversified portfolio including sarees, kurtis, kurta sets, dress materials, tops, tunics, maternity wear, and fabrics. It operates through both B2C and B2B business models, selling products via its own online platform as well as major e-commerce marketplaces such as Amazon, Flipkart, Myntra, Ajio, and Nykaa. Initially operating mainly as a trading company, it has expanded into in-house manufacturing with production facilities in Surat and Jaipur. The company primarily focuses on India’s growing women’s ethnic and casual wear segment.

Founded in2010
Managing directorVikesh Lunawat
Parent organization

Financial Overview

Strengths

  • Diversified women’s apparel portfolio across ethnic and casual wear categories.
  • Presence on multiple leading e-commerce platforms improves market reach and visibility.
  • Transition into in-house manufacturing can improve margins and quality control.
  • Dual B2B and B2C business model helps diversify revenue streams.

Risks

  • Highly competitive apparel and fashion industry with pressure from established brands and online sellers.
  • Dependence on changing consumer fashion trends may affect inventory movement and sales
  • Raw material price fluctuations and supply chain disruptions can impact profitability.
  • High reliance on third-party e-commerce platforms for online sales and customer acquisition

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)N/A
Non-Institutional Investors (NIIs)N/A
Retail Individual Investors (RIIs)N/A
EmployeeN/A
TotalN/A