Rajnandini Fashion India Ltd.
RAJFASHIONSME
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Overview
Rajnandini Fashion India Limited is a Jaipur-incorporated fashion and textile trading company with its operating presence in Surat, a key textile hub. The company has undergone multiple name changes since its incorporation in 2010 and currently operates as a public limited company, positioning itself in the apparel and fashion value chain with promoter-led management and a focus on textile commerce.
Opening Date
May 26, 2026
Closing Date
May 29, 2026
Listing Date
Jun 03, 2026
IPO Type
SME
IPO Status
Closed
Issue Size
18.21 Cr
Fresh Issue
18.21 Cr
Offer for Sale
0 Cr
Price Band
₹59 - ₹63
Lot Size
2000
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
IPO Objective
The main objectives of the issue are to raise funds for the company’s identified growth requirements and corporate needs.
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Funding capital expenditure for the proposed project as referenced in the prospectus, including investments supported by the company’s project report.
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Meeting the company’s working capital and operational funding requirements to support business expansion and day-to-day trading activities.
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Supporting general corporate purposes, including strategic business needs, brand-building, administrative requirements and other approved corporate uses.
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Enhancing the company’s visibility, strengthening its balance sheet and creating a public market for its equity shares through listing on the BSE SME platform.
Key Performance Indicator
P/E Ratio
9.31
EPS
6.77
ROE
43.32%
ROCE
24.39%
RONW
35.64%
Debt to Equity Ratio
—
PAT Margin
16.99%
EBITDA Margin
23.49%
P/B
3.27
SWOT Analysis
Strengths
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Presence in the textile and fashion trading ecosystem with operations linked to Surat, a major textile market.
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Promoter-led management with continuity across the company’s corporate evolution and ownership structure.
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Asset-light business profile typical of trading-led models can support scalability without heavy manufacturing investment.
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Proposed listing may improve credibility, access to capital and business visibility among suppliers and customers.
Weaknesses
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Limited business information in the extract makes product mix, customer concentration and operating differentiation less visible.
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The company is entering public markets for the first time and lacks a prior listed-market track record.
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Dependence on the fashion and textile trade can expose earnings to demand volatility and inventory cycles.
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A trading-oriented business may face margin pressure from intense competition and limited pricing power.
Opportunities
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Growing domestic demand for apparel, fabrics and fashion products can support expansion in trading volumes.
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Additional capital from the IPO can help scale operations, improve working capital and strengthen supplier relationships.
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Listing on BSE SME can enhance market recognition and support future fundraising opportunities.
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Expansion through broader distribution, sourcing efficiencies and deeper participation in textile hubs may improve growth prospects.
Threats
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Raw material and textile price fluctuations can affect demand patterns, customer purchasing and margins.
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Competitive intensity from organized and unorganized players may limit profitability and market share gains.
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Changes in consumer fashion preferences can create inventory risks and reduce product turnover.
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Regulatory, taxation or compliance changes affecting textile trade and SME-listed companies may increase operating burden.
Subscription Rate
Frequently Asked Questions about Rajnandini Fashion India Ltd.
Rajnandini Fashion India Limited is a Jaipur-incorporated fashion and textile trading company with its operating presence in Surat, a key textile hub. The company has undergone multiple name changes since its incorporation in 2010 and currently operates as a public limited company, positioning itself in the apparel and fashion value chain with promoter-led management and a focus on textile commerce.
The Rajnandini Fashion India Ltd. IPO is scheduled to open for subscription on May 26, 2026 and close on May 29, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Rajnandini Fashion India Ltd. IPO is ₹59 to ₹63. Investors can place bids within this range once the issue opens.
The minimum lot size for the Rajnandini Fashion India Ltd. IPO is 2000 shares. The minimum investment amount ₹1,26,000.
The total issue size of the Rajnandini Fashion India Ltd. IPO is approximately ₹18.21. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Rajnandini Fashion India Ltd. IPO has been subscribed 6.97 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Rajnandini Fashion India Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Rajnandini Fashion India Ltd. are expected to list on stock exchanges on Jun 03, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Rajnandini Fashion India Ltd. IPO are proposed to be used for The main objectives of the issue are to raise funds for the company’s identified growth requirements and corporate needs., Funding capital expenditure for the proposed project as referenced in the prospectus, including investments supported by the company’s project report., Meeting the company’s working capital and operational funding requirements to support business expansion and day-to-day trading activities., Supporting general corporate purposes, including strategic business needs, brand-building, administrative requirements and other approved corporate uses., Enhancing the company’s visibility, strengthening its balance sheet and creating a public market for its equity shares through listing on the BSE SME platform.
Before applying for the Rajnandini Fashion India Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
