
The allotment of Rajnandini Fashion India’s ₹18.21 crore IPO is anticipated to be finalised today, June 1, 2026. Shareholders can confirm their status via the BSE portal or through Bigshare Services Private Limited, the official registrar for the IPO.
Issue Type: Book Building IPO
Total Issue size: ₹18.21 crore
Fresh Issue: 0.29 crore shares
Price Band: ₹59 to ₹63 per share
Face Value: ₹10 per share
Lot Size: 2,000 Shares
Minimum Investment (Individual investor): ₹2,52,000 (4,000 shares)
Book Running Lead Managers: Seren Capital Private Limited
Registrar: Bigshare Services Private Limited
Listing: BSE SME
[May 29, 2026, 6:50 PM]
|
Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
122.04x |
|
Non-Institutional Investors (NIIs) |
393.63x |
|
Individual Investors |
168.63x |
|
Total |
203.74x |
According to media reports, the Grey Market Premium (GMP) of Rajnandini Fashion India IPO is ₹7 per share today.
The Company will utilise the net proceeds from the Fresh Issue towards the following purposes:
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Established in 2010, Rajnandini Fashion India Limited focuses on designing, producing, and marketing women’s ethnic and casual clothing through both digital and physical storefronts.
The company manages its sales through two primary channels: business-to-business (B2B) and business-to-consumer (B2C).
In the B2C sector, the firm sells directly to shoppers via its own site and various e-commerce portals, fulfilling 2,55,856 orders in Fiscal 2024 and 2,78,046 in Fiscal 2025.
The B2B segment contributed revenues of ₹113.22 lakhs, ₹408.25 lakhs, and ₹1,170.31 lakhs during Fiscal 2023, 2024, and 2025, respectively, reaching ₹1,523.26 lakhs for the nine months ending December 2025.
Operational revenue grew to ₹30.68 crore in FY25, up from ₹23.31 crore the previous year.
The EBITDA margin improved significantly, rising from 16.24% in FY24 to 24.38% in FY25. Profit After Tax more than doubled, reaching ₹5.06 crore in FY25 compared to ₹2.29 crore in FY24.
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