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Open Date
May 26, 2026
Close Date
May 29, 2026
Min Investment
₹2,52,000
Lot Size
2000 Shares
Issue Size
₹18.21 Cr
Price Range
₹59 - ₹59
Listing Date
Rajnandini Fashion is incorporated in the year 2010 and produces ethnic as well as casual wear for women through both online and offline modes of sale. The ethnic wear offered by us is sarees, kurtis, kurta sets, unstitched dress materials, whereas our casual wears comprise of tops, tunics, dresses, and maternity gowns, which are made of various fabrics like cotton, rayon, silk, and poly-cotton. The business is divided into two segments: 1. B2C or Business-to-Consumer: Sale of goods through our website and other popular e-commerce websites such as Amazon, Flipkart, Myntra, Ajio, Nykaa, etc. The company processed a total of 2.8 lakh orders in FY 2025. 2. B2B or Business-to-Business: Supply of fabric and stitched ready-made garments to wholesalers, retailers, and garment processors. Revenue from B2B segment during FY 2025 stood at Rs 1,170.31 lakh. The products are sold under four brands namely Merira, Monira, Roly Poly, and Rajnandini, which serve varying price brackets. Product prices are generally between ₹250 and ₹2,000, based on the product type. Company first manufacturing unit was started in Surat in 2023 and then shifted to Jaipur in 2024. Our Surat manufacturing unit has 90 sewing machines, while that of Jaipur has 50 sewing machines. As of August 31, 2025, the company had a total workforce of 207 permanent employees.
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Jun 3, 2026
IPO Doc
RHP PDFRevenue Growth
Company Valuation
Earning Expansion
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The company will use ₹1.35 crore for setting up a new manufacturing facility. The company will use ₹5.49 crore for repayment of borrowings. The company will use ₹7 crore for working capital requirements of business. Part of the IPO proceeds will be used for issue expenses of this IPO.
Capital Expenditure
7.4%
Repayment of debt
30.2%
Working capital
38.4%
General corporate purposes
23.9%
The company will use ₹1.35 crore for setting up a new manufacturing facility.
The company will use ₹5.49 crore for repayment of borrowings.
The company will use ₹7 crore for working capital requirements of business.
Part of the IPO proceeds will be used for issue expenses of this IPO.
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In Cr.
Rajnandini Fashion India
G1-41, RIICO, Tonk Road, Sitapura Industrial Area, Jaipur, Rajasthan - 302022.