About Rajnandini Fashion India Ltd IPO
Incorporated in 2010, Rajnandini Fashion India Ltd. is engaged in the design, manufacturing, and sale of women’s apparel across ethnic and casual wear segments. The company caters to a wide customer base through both online and offline channels, combining traditional styles with modern fashion trends.
Its ethnic portfolio includes sarees, kurtis, kurta sets, and dress materials, while the casual range features tops, tunics, dresses, and maternity wear made from fabrics like cotton, rayon, silk, and poly-cotton. This diverse offering helps the company target different customer preferences and price segments.
Rajnandini operates through both B2C and B2B models. In the B2C segment, it sells directly via its website and major e-commerce platforms such as Amazon, Flipkart, Myntra, and Nykaa. The B2B segment focuses on supplying fabrics and ready-made garments to wholesalers and retailers.
The company markets its products under multiple brands including Merira, Monira, Roly Poly, and Rajnandini, with price points typically ranging from ?250 to ?2,000. It has also strengthened its manufacturing capabilities with units in Surat (set up in 2023 with 90 machines) and Jaipur (expanded in 2024 with 50 machines).
As of April 30, 2026, the company had a workforce of 146 permanent employees
Incorporated in 2010, Rajnandini Fashion India Ltd. is engaged in the design, manufacturing, and sale of women’s apparel across ethnic and casual wear segments. The company caters to a wide customer base through both online and offline channels, combining traditional styles with modern fashion trends. Its ethnic portfolio includes sarees, kurtis, kurta sets, and dress materials
Rajnandini Fashion IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 49% | 10,15,280 crores |
| Non-Institutional Investors (NIIs) | 15% | 3,10,800 crores |
| Retail Individual Investors (RIIs) | 36% | 7,45,920 crores |
Rajnandini Fashion IPO Strengths & Weaknesses
Wide product range across multiple price points catering to mass and value segments
Strong presence on leading e-commerce platforms driving online visibility
Growing in-house manufacturing capabilities supporting scalability
Multi-brand strategy targeting different customer segments
Experienced promoter-led management with a clear growth vision
Rajnandini Fashion IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 01 Jun '26 | -- | 02 Jun '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 20,72,000 shares (aggregating up to ₹2,52,000 crores) |
| Fresh Issue | 2,74,400 shares (aggregating up to ₹27,44,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
Rajnandini Fashion IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Rajnandini Fashion ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Rajnandini Fashion 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
Rajnandini Fashion IPO Contact & Registrar Details
Contact Details
Address
G1-41 Riico Tonk Road Jaipur
Phone Number
Registrar Details
Registrar Name
Bigshare Services Pvt.Ltd.
Phone Number
Rajnandini Fashion Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Seren Capital Pvt Ltd |