Rajnandini Fashion India Ltd IPO

Rajnandini Fashion India Ltd IPO

The Company is primarily engaged in the design, manufacturing and sale of women's apparel, catering to both ethnic and casual wear categories through online and offline channels. Our ethnic wear portfolio includes unstitched dress materials, sarees, kurtis and kurta sets, while the casual wear portfolio comprises tops, tunics and maternity gowns made of poly-cotton, rayon, silk, cotton and other fabrics.

Rajnandini Fashion India Ltd IPO Details

Total Shares Offered

₹ 28,90,000

Offer to Public

TBA

Retail Max (Shares)

₹ 9,64,000

Pre Issue Promoters Holding

₹ 72,70,000

Exchange

BSE

Issue size

₹ 18.21 Cr

IPO Open Date

May 26, 2026

Close Date

May 29, 2026

Lot Size

4000

Min Investment

₹ 2,36,000

Issue Type

Book Building - SME

Listing Date

Jun 3, 2026

Rajnandini Fashion India Ltd IPO Dates

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May 26, 2026
Opening date
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May 29, 2026
Closing date
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Jun 1, 2026
Basis of Allotment
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Jun 2, 2026
Initiation of Refunds
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Jun 2, 2026
Credit of Shares
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Jun 3, 2026
Listing date

Details

SectorType
SectorTrading
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Rajnandini Fashion India Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations7.013.280.54
EBITDA7.233.490.57
PAT5.052.290.37
Total Assets24.6915.1011.64
Share Capital0.220.220.22
Total Borrowings8.588.036.62
Operating Activities (Net Cash)5.272.500.40
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)8.588.036.62
Net Cashflow0.050.120.04

About Rajnandini Fashion India Ltd

Our Company was incorporated as Vyoum Trade Link Private Limited on October 11, 2010, under the Companies Act, 1956, pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Rajasthan. The name of the Company was changed to Jainam Overseas Private Limited pursuant to a special resolution passed at the Extraordinary General Meeting held on January 09, 2012 and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Rajasthan, on January 20, 2012. Subsequently, the name of the Company was changed to Rajnandini Fashion India Private Limited pursuant to a special resolution passed on June 03, 2024 and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Central Processing Centre, on July 18, 2024. Thereafter, the Company was converted from a private limited company to a public limited company pursuant to a special resolution passed at the Extraordinary General Meeting held on October 05, 2024 and its name was changed to Rajnandini Fashion India Limited vide fresh Certificate of Incorporation dated January 01, 2025, issued by the Registrar of Companies, Central Processing Centre. The Corporate Identification Number (CIN) of the Company is U51109RJ2010PLC033059.

The Indian textiles and apparel industry is a significant pillar of the economy, contributing 2.3% to GDP, 13% to industrial production and 12% to exports. Valued at USD 160 billion in FY23, the market is projected to expand at a CAGR of 10% to reach USD 350 billion by FY30. India is the second-largest producer of textiles and garments and the sixth-largest exporter, with exports of USD 36.61 billion in FY25, targeted to increase to USD 100 billion by 2030. Supported by abundant raw material availability, strong domestic demand, policy initiatives such as the PLI Scheme and PM MITRA Parks and growing traction in segments like technical textiles and home textiles, the sector is positioned to strengthen its global presence, while continuing to generate largescale employment and foreign exchange earnings.

The Company is primarily engaged in the design, manufacturing and sale of women's apparel, catering to both ethnic and casual wear categories through online and offline channels. Our ethnic wear portfolio includes unstitched dress materials, sarees, kurtis and kurta sets, while the casual wear portfolio comprises tops, tunics and maternity gowns made of poly-cotton, rayon, silk, cotton and other fabrics.

Peer Comparison:

  • Rajnandini Fashion India Limited
  • Nandani Creation Limited
  • Libas Consumer Products Limited

Rajnandini Fashion India Ltd Key Points

Strengths

Wide range of products across multiple price points.

Presence across multiple online platforms.

In-house manufacturing facilities.

Experienced Management Team & Promoters.

Risk

The company is a women's apparel design, manufacturing and retail company which is vulnerable to variations in demand and changes in consumer preferences, which could has an adverse effect on its business, results of operations and financial condition.

The company has recently commenced in-house manufacturing of its products and given the company limited operating history in manufacturing, its may faces challenges that could adversely affect the company business, financial condition, results of operations and future growth prospects.

The company derives a significant portion of its revenue from fabric and apparel trading activities, which is a low-margin and competitive business and may expose its to risks that could adversely affect the company financial performance.

Strategy

Capacity Expansion and Product Portfolio Diversification to Drive Growth.

B2B and B2C Expansion.

Expanding footprints across diverse geographies.

Leveraging Social Media and External Collaborations

Adherence to Customer Specifications and Quality Standards.

How To Apply for Rajnandini Fashion India Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Rajnandini Fashion India Ltd IPO?

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Rajnandini Fashion India Ltd's IPO offers shares for up to 18.21 It begins on May 26, 2026 and ends on May 29, 2026.

What is the price of the Rajnandini Fashion India Ltd IPO?

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The price of Rajnandini Fashion India Ltd IPO ranges between ₹59 to ₹63 per share.

What are the open and close dates for the Rajnandini Fashion India Ltd IPO?

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The Rajnandini Fashion India Ltd IPO opens on May 26, 2026 and closes on May 29, 2026.

When will the Rajnandini Fashion India Ltd IPO be allotted?

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The allotment for the Rajnandini Fashion India Ltd IPO will be finalised on Jun 1, 2026. The shares will be listed on BSE and NSE on Jun 3, 2026.

What is the minimum lot size required for Rajnandini Fashion India Ltd IPO?

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The minimum lot size for Rajnandini Fashion India Ltd IPO is 4000 shares, priced between ₹59 to ₹63 per share.

What is the GMP of Rajnandini Fashion India Ltd IPO?

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The GMP (Grey Market Premium) of Rajnandini Fashion India Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Rajnandini Fashion India Ltd IPO?

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To check the allotment status of Rajnandini Fashion India Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Rajnandini Fashion India Ltd IPO getting listed?

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The Rajnandini Fashion India Ltd IPO is getting listed on the BSE and NSE. Bidding opens on May 26, 2026, and closes on May 29, 2026. The allotment is finalised on Jun 1, 2026.

How do you apply for the Rajnandini Fashion India Ltd IPO?

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To apply for the Rajnandini Fashion India Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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