R.K.Fashion Accessories Ltd.
RK_FASHIONSME
Overview
R.K. Fashion Accessories Limited is a Kolkata-based company that sells imitation/fashion jewellery (largely produced through contract manufacturing and local artisans) and also trades branded cosmetics, with a primarily B2B-heavy distribution footprint. It supplies a broad range of gold-plated and stone-studded jewellery across price points and occasions via wholesale showrooms, shop-in-shop counters with retail chains, and online marketplaces/own websites, and also earns a small share of income from leasing hotel properties to third parties.
Opening Date
Oct 05, 2026
Closing Date
Oct 07, 2026
Listing Date
Oct 12, 2026
IPO Type
SME
IPO Status
Upcoming
Issue Size
34.99 Cr
Fresh Issue
34.99 Cr
Offer for Sale
0 Cr
Price Band
₹77 - ₹82
Lot Size
1600
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
14.67
EPS
5.59
ROE
48.4%
ROCE
57.74%
RONW
38.9%
Debt to Equity Ratio
0.11
PAT Margin
20.71%
EBITDA Margin
28.06%
P/B
5.71
Bull vs Bear
Bull case
- •
Promoters still control almost all shares, so decisions can stay consistent and long-term, without frequent outside interference.
- •
Profits rose strongly while borrowings stayed low, which matters because growth funded by earnings is usually safer than growth funded by heavy debt.
- •
Online plus wholesale plus shop-in-shop channels reduce reliance on one route to customers, helping sales stay steadier when one channel slows.
Bear case
- •
Customer concentration is meaningful: top 10 customers still drive 15.15% of sales, so losing a few big buyers can quickly hit revenue and cash collection.
- •
Supplier dependence is high: top 10 suppliers are 45.85% of purchases, so disruption or price hikes can squeeze margins or delay deliveries.
- •
Manufacturing relies on non-exclusive karigars with short agreements, so capacity and quality can slip if workers switch to competitors or face operational issues.
Subscription Rate
Subscription data will be available once the IPO opens.

