Rajnandini Fashion India Ltd

·
₹63.00 Issue Price
2026-05-26 – 2026-05-29
Open Date
2026-05-26
Close Date
2026-05-29
Listing Date
2026-06-03
Allotment Date
2026-06-01
Current Price
₹63.00
High / Low
₹— / ₹—
ROCE
24.39 %
ROE
43.32 %
Face Value
₹10
About
Incorporated in 2010, Rajnandini Fashion designs, manufactures, and sells women’s apparel across ethnic and casual wear categories through both online and offline channels.Its ethnic wear range includes sarees, kurtis, k…
📍 G1-41, RIICO, Tonk Road Sitapura Industrial Area Jaipur, Rajasthan, 302022
📞 +91-7878352054
✉️ cs@rfil.in
₹63.00 Issue Price
📊
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Rajnandini Fashion India Ltd IPO About the Company

Incorporated in 2010, Rajnandini Fashion designs, manufactures, and sells women’s apparel across ethnic and casual wear categories through both online and offline channels.Its ethnic wear range includes sarees, kurtis, kurta sets, and unstitched dress materials, whilecasual wear range covers tops, tunics, dresses, and maternity gowns made from fabrics such as cotton, rayon, silk, and poly-cotton.We operate in two segments:B2C (Business-to-Consumer): Direct sales through the co.website and major e-commerce platforms like Amazon, Flipkart, Myntra, Ajio, Nykaa, and others. The company processed 2.8 lakh orders in FY 2025.B2B (Business-to-Business): Supply of fabrics and ready-made garments to wholesalers, retailers, and garment processors. The B2B segment generated revenue of Rs 1,170.31 lakh in FY 2025.Its products are sold under four brands – Merira, Monira, Roly Poly, and Rajnandini, catering to different price segments. Product prices generally range between ₹250 and ₹2,000, depending on the category.The company set up first manufacturing unit in Surat in 2023 and expanded to Jaipur in 2024. The Surat unit has 90 sewing machines, and the Jaipur unit has 50. As of August 31, 2025, the company had a total workforce of 207 permanent employees.Competitive Strengths:Wide range of products across multiple price pointsPresence across multiple online platformsIn-house manufacturing facilitiesExperienced and Visionary Promoter Leadership

Rajnandini Fashion India Ltd IPO Analysis

Pros

  • ROE of 43.32% indicates good return on equity.
  • ROCE of 24.39% shows efficient capital usage.
  • PAT margin of 16.99%.

Cons

  • Detailed analysis available after listing.

Pros and cons are machine generated. Please exercise caution and do your own analysis.

Rajnandini Fashion India Ltd IPO Subscription Status

Consolidated figures
143.00× overall
MetricQIBNII (HNI)RetailTotal
Subscription 49.77× 393.90× 167.37× 143.00×
Shares 13,66,000 4,14,000 9,64,000 27,44,000
Bids 6,79,80,000 16,30,74,000 16,13,48,000 39,24,02,000
▼ Category-wise Detailed Breakdown
CategorySubscriptionOffered Bid SharesAmt (₹ Cr)
QIB 49.77×
13,66,000 6,79,80,000 ₹428.27
NII (HNI) 393.90×
4,14,000 16,30,74,000 ₹1,027.37
Retail 167.37×
9,64,000 16,13,48,000 ₹1,016.49
Market Maker 1.00×
1,46,000 1,46,000 ₹0.92
Total 143.00× 27,44,000 39,24,02,000 ₹2,473.05 Cr
Applications: - Total Bid Amount: ₹2,473.05 Cr

Rajnandini Fashion India Ltd IPO Profit & Loss

Figures in ₹ Crores / Amount in ₹ Crore
Metric 31 Mar 202531 Mar 202431 Mar 2023
Revenue 31.27 23.60 28.02
EBITDA 7.48 3.79 1.03
Profit After Tax 5.05 2.29 0.37
Net Worth 9.29 4.24 1.95
Total Assets 25.35 15.74 11.71
Reserves 9.07 4.02 1.73
Borrowings 8.84 7.01 6.19
Sales Growth
3 Years:-10.4%
Latest:28.02 Cr
Profit Growth
3 Years:-92.7%
Latest PAT:0.37 Cr
Return on Equity
ROE:43.32%
ROCE:24.39%

Rajnandini Fashion India Ltd IPO Key Financial Ratios

Profitability
ROE 43.32%
ROCE 24.39%
RONW 35.64%
PAT Margin 16.99%
EBITDA Margin 23.49%
Valuation
Pre EPS 6.77
Post EPS 6.61
Pre P/E 9.31×
Post P/E 9.53×
P/BV 3.27×
Leverage & Growth
Debt / Equity 0.97×
Sales Growth (3yr) -10.4%
Profit Growth (3yr) -92.7%
Latest Revenue 28.02 Cr
Latest PAT 0.37 Cr

Rajnandini Fashion India Ltd IPO Objects of the Issue

1 Funding of capital expenditure for setting up a new manufacturing facility ₹1.35 Cr
2 Repayment of a portion of certain borrowings availed by our Company ₹5.50 Cr
3 Utilization towards working capital requirements ₹7.00 Cr
4 General Corporate Purpose

Rajnandini Fashion India Ltd IPO Schedule & Important Dates

IPO Open
2026-05-26
Done ✓
IPO Close
2026-05-29
Done ✓
Allotment
2026-06-01
Done ✓
Refund
2026-06-02
Done ✓
Demat Credit
2026-06-02
Done ✓
Listing
2026-06-03
Done ✓

Rajnandini Fashion India Ltd IPO Lot Size & Investment Details

RETAIL MIN
₹126,000
1 lot · 2000 shares
RETAIL MAX
₹252,000
2 lots · 4,000 shares
HNI MIN
₹378,000
3 lots
Category Lots Shares Amount (₹)
Retail (Min) 2000 2,000 ₹126,000
Retail (Max) 2 4,000 ₹252,000
HNI (Min) 3 6,000 ₹378,000
Pre-Issue Holding: 74,80,000 shares Post-Issue Holding: 1,03,70,000 shares

Rajnandini Fashion India Ltd IPO Lead Managers & Market Makers

Book Running Lead Managers
Seren Capital Pvt.Ltd
Market Makers
Giriraj Stock Broking Pvt.Ltd.

Rajnandini Fashion India Ltd IPO Allotment Status

Allotment Date: 2026-06-01
Registrar: Bigshare Services Pvt.Ltd
Check Allotment
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html