IPO - Initial Public Offerings

 RFIL

  

RAJNANDINI FASHION INDIA LTD. IPO

26 May, 10:00 AM

Issue Open

29 May, 05:00 PM

Issue Close

2000

Lot Size

₹ 59.00 – ₹ 63.00

Price Range

IPO Issue Details

Issue size 18.00 Cr
Market Price 63.00
Registrar Bigshare Services Pvt.Ltd
Face Value RS.10 /- Per share
Listing at BSE

About

RAJNANDINI FASHION INDIA LTD. IPO
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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 4000 ₹ 2,52,000.00
Retail (Max) 2 4000 ₹ 2,52,000.00
S-HNI (Min) 3 6000 ₹ 3,78,000.00
S-HNI (Max) 8 16000 ₹ 10,08,000.00
B-HNI (Min) 9 18000 ₹ 11,34,000.00

IPO TimeLine

Open Date 26-May-2026
Close Date 29-May-2026
Basis of Allotment Date 01-Jun-2026
Initiation of Refunds 02-Jun-2026
Credit Shares to Demat A/c 02-Jun-2026
IPO Listing Date 03-Jun-2026