Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Rachit Prints IPO
Rachit Prints Ltd
₹1,40,000 /1000 sharesMinimum Investment
Rachit Prints IPO Listing Details
| Listed On | Issue Price | Listing Price | Listing Gains |
|---|---|---|---|
| -- | ₹149.00 | ₹119.20 | -₹29.80 (20.00%) |
Rachit Prints IPO Details
| Bidding Dates | Min. Investment | Lot Size | Price Range |
|---|---|---|---|
| 1 Sep ‘25 - 3 Sep ‘25 | ₹2,80,000 | 1,000 | ₹140 - ₹149 |
| Issue Size | IPO Doc |
|---|---|
| 19.49Cr | RHP PDF |
Subscription rate
As of 03 Sep'25, 04:01 PM
| Qualified Institutional Buyers | 1.00x |
| Non-Institutional Investor | 1.33x |
| Retail Individual Investor | 2.52x |
| Total | 1.81x |
About Rachit Prints
Founded in
2003
Managing director
Mr Anupam Kansal
Parent organisation
Rachit Prints Ltd
Strengths & Financials of Rachit Prints
Strengths
Risks
Rachit Prints claims to have 18 advanced circular knitting machines. The company’s machinery includes German and Chinese models such as the Mayer & Cie high-speed circular knitting machine, the Oberflächige Vier-Finger-Jacquard-Elektronik (OVJA) 1.6 Em, and also has a set of automatic machinery for printing and dying. These machines are fully automated and allow for customised design uploads.
The company operates out of Uttar Pradesh and claims to receive capital investment subsidies under the government of India’s ‘Amended Technology Upgradation Fund Scheme’ (ATUFS). This incentive, released after physical verification, supports capital expenditure and expansion efforts.
Rachit Prints operates on a B2B model and claims to have entered into memoranda of understanding (MoU) with Sheela Foams Limited and Kurlon Enterprise Limited as of FY25. These agreements cover the supply of 3,00,000 metres of printed fabric and 13,00,000 metres of circular knit speciality fabric.
The company has witnessed a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 32.32 crore in FY23 to Rs 37.08 crore in FY24 and Rs 41.70 crore in FY25. PAT increased from Rs 0.32 crore in FY23 to Rs 2.03 crore in FY24 to Rs 4.56 crore in FY25.
The company’s top five customers accounted for Rs 34.43 crore (82.55 percent) of the company’s total revenue in FY25, Rs 26.66 crore (71.90 percent) in FY24, and Rs 21.80 crore (67.44 percent) in FY23. If the company is unable to retain these key customers, or if any of these key customers cut down on orders to the company, or if the company is unable to add new customers, it could adversely affect the company’s business and financial standing.
The company has long-term agreements with 2 clients and derives a major portion of its revenue from them. Sheela Foam Limited accounted for Rs 14.98 crore (35.92 percent) of the company’s total revenue in FY25, Rs 10.74 crore (28.96 percent) in FY24, and Rs 10.58 crore (32.74 percent) in FY23. Kurlon Enterprise Limited accounted for Rs 5.95 crore (14.27 percent) of the company’s total revenue in FY25, Rs 4.87 crore (13.13 percent) in FY24, and Rs 5.62 crore (17.40 percent) in FY23. Loss of either or both customers due to any strain in the relationship could adversely affect the company’s financial performance and operations.
The company’s top five suppliers accounted for Rs 17.55 crore (67.47 percent) of the company’s purchases in FY25, Rs 11.20 crore (52.78 percent) in FY24, and Rs 10.57 crore (48.76 percent) in FY23. Any disruption in supplies from one or more of these suppliers could adversely affect the company’s business and finances.
Rachit Prints' manufacturing operations are entirely concentrated in a single facility located in Meerut, Uttar Pradesh. Furthermore, revenue from Uttar Pradesh accounted for Rs 15.15 crore (36.33 percent) of the company’s total revenue in FY25, Rs 10.29 crore (27.75 percent) in FY24, and Rs 7.60 crore (23.52 percent) in FY23. Any adverse political, social, or economic development in this state could disrupt operations and materially impact the company’s financial condition and prospects.
The company operates with highly flammable materials such as cotton yarn, viscose, spun, filament, and dyed yarn, which makes fire a major risk in its operations. In the past, on May 10, 2017, the manufacturing unit faced a fire accident caused by a short circuit, leading to raw material losses worth about Rs 0.37 crore. Such incidents not only cause financial damage but can also result in injuries, loss of life, destruction of property and equipment, and harm to the environment. Any accident that forces the facility to shut down could disrupt operations, hurt the financial performance, and damage the company’s reputation.
The company’s trade receivables have risen consistently. It increased to Rs 7.94 crore (48.86 percent of the current assets) in FY25 from Rs 6.50 crore (49.21 percent of the current assets) in FY24 and Rs 6.32 crore (37.49 percent of the current assets) in FY23. Any failure to collect these receivables on time or an increase in customer defaults could negatively affect the company’s liquidity, working capital requirements, and overall financial performance.
The company reported negative cash flow from operating activities amounting to Rs 1.37 crore in FY23. Furthermore, negative cash flow from investing activities amounted to Rs 4.85 crore in FY25, Rs 0.34 crore in FY24, and Rs 2.09 crore in FY23. The company also experienced negative cash flow from financing activities in FY24, amounting to Rs 9.01 crore. If cash outflows continue to exceed inflows in the future, the company may face liquidity challenges.
Rachit Prints relies heavily on third-party transportation providers for both the procurement of raw materials and the distribution of finished products. Any disruption in transport services could delay deliveries and lead to loss or damage of goods in transit. Such interruptions may adversely affect the company’s supply chain, increase operating costs, and negatively impact customer relationships and overall business performance.
The company is involved in certain ongoing tax-related legal proceedings, including criminal and tax-related matters. Any adverse judgments in any of these cases could be detrimental to the company’s business prospects.
As of August 12, 2025, the company had outstanding financial indebtedness of Rs 10.92 crore. Any failure to service or repay these loans can hurt the company’s operations and financial position.
Rachit Prints Financials
*All values are in Rs. Cr
No Graph Data To Display
Application Details of Rachit Prints IPO
| Apply as | Price band | Apply upto |
|---|---|---|
| Individual investor | ₹140 - 149 | ₹2 - 5 Lakh |
For Rachit Prints IPO, eligible investors can apply as Individual investor.