About Dudani Retail Ltd IPO
Dudani Retail IPO is a fixed-price SME public issue of up to 36.36 lakh equity shares at ?29 per share, aggregating to ?10.54 crore. The issue is proposed to be listed on the BSE SME platform. Finshore Management Services Limited is the lead manager, while Maashitla Securities Private Limited is the registrar to the issue.
The company is promoted by Akshay Dudani and Charu Dudani. The IPO proceeds will be used for working capital, capital expenditure, repayment of outstanding borrowings and general corporate purposes.
About Dudani Retail Ltd.
Incorporated in December 2015, Dudani Retail Limited designs, manufactures, sources and supplies apparel and related products. Its business includes own-brand products, licensed manufacturing for fashion and lifestyle marketplaces, and supply arrangements with a quick-commerce platform.
The company manufactures women’s ethnic and fusion wear, trades in men’s wear and fulfils just-in-time orders for licensed labels. Its manufacturing facility is located at F-93, 4th Floor, Kartarpura Industrial Area, Jaipur, Rajasthan. Cutting, stitching, finishing, quality checks and dispatch are handled in-house, while processes such as dyeing, printing and embroidery are outsourced.
Under its licensed manufacturing arrangements, the company produces apparel for labels including Kalini, Corsica, Roadster, Anouk Rustic, All about you, Taavi, Navyaazri, Chandbaali, Baesd, ETC, Navibhu and Here & Now.
Dudani Retail also supplies products to a quick-commerce platform on a sell-or-return basis. Products are delivered to hubs, with payment settled periodically based on actual sales after applicable margins. Its own-brand products are sold through Myntra, Amazon, Flipkart, Ajio, Nykaa Fashion and its website.
As of February 28, 2026, the company had 35 employees, including directors.
Dudani Retail IPO is a fixed-price SME public issue of up to 36.36 lakh equity shares at ?29 per share, aggregating to ?10.54 crore. The issue is proposed to be listed on the BSE SME platform. Finshore Management Services Limited is the lead manager, while Maashitla Securities Private Limited is the registrar to the issue. The company is promoted by Akshay Dudani and Charu Duda
Dudani Retail IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 0% | -- |
| Non-Institutional Investors (NIIs) | 49.94% | 18,15,818.4 crores |
| Retail Individual Investors (RIIs) | 50.06% | 18,20,181.6 crores |
Dudani Retail IPO Strengths & Weaknesses
Presence across multiple apparel and retail business segments.
Established relationships with fashion and lifestyle marketplaces through licensed manufacturing.
In-house manufacturing for women’s wear with support from outsourced processors.
Asset-light model for men’s wear and selected trading categories.
Multi-channel distribution through major e-commerce platforms and its own website.
Experience in managing marketplace-driven operations and JIT orders.
Integrated workflow from product development to dispatch.
Established supplier network for fabrics, trims and finished goods.
The company, promoter and directors are involved in certain legal proceedings.
No long-term agreements with suppliers for raw materials.
Dependence on a limited number of customers for a significant portion of revenue.
Quick-commerce supply model is based on sell-or-return and sales-linked settlements.
No physical retail stores, resulting in dependence on online channels for sales and customer acquisition.
Dudani Retail IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 30 Sep '26 | 05 Oct '26 | 01 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 36,36,000 shares (aggregating up to ₹2,32,000 crores) |
| Fresh Issue | 3,45,200 shares (aggregating up to ₹34,52,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Fixed Price IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
Dudani Retail IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Dudani Retail ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Dudani Retail IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Dudani Retail IPO Contact & Registrar Details
Contact Details
Address
F-93 3rd Floor Kartarpura Industrial Area, Station Road Jaipur
Phone Number
Website
Registrar Details
Registrar Name
Maashitla Securities Pvt.Ltd.
Phone Number
Dudani Retail Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Finshore Management Services Ltd |



