GMP IPO Watch
Dudani Retail IPO
Dudani Retail IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Dudani Retail IPO Details
Key facts at a glance| IPO Open Date | 24 September 2026 | IPO Close Date | 28 September 2026 |
|---|---|---|---|
| Basis of Allotment | 29 September 2026 | Listing Date | 4 October 2026 |
| Price Band | ₹10.54 per share | Face Value | ₹10 per share |
| Market Lot Size | 4000 Shares | Min Investment (Retail) | ₹2,32,000 |
| Total Issue Size | ₹10.54 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹10.54 Cr | Offer for Sale (OFS) | — |
| Listing At | BSE SME | Issue Category | SME Issue |
| Registrar | Maashitla Securities Pvt. Ltd. | ||
Dudani Retail IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 24 September 2026 | Confirmed |
| IPO Close Date | 28 September 2026 | Confirmed |
| Basis of Allotment | 29 September 2026 | Tentative |
| Initiation of Refunds | 1 October 2026 | Tentative |
| Credit of Shares to Demat | 1 October 2026 | Tentative |
| IPO Listing Date | 4 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 29 September 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Dudani Retail IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 8,000 Shares | ₹2,32,000 |
| Retail (Max) | 2 Lots | 8,000 Shares | ₹2,32,000 |
| S-HNI (Min) | 3 Lots | 12,000 Shares | ₹3,48,000 |
| S-HNI (Max) | 8 Lots | 32,000 Shares | ₹9,28,000 |
| B-HNI (Min) | 9 Lots | 36,000 Shares | ₹10,44,000 |
Dudani Retail IPO Live GMP & Movement History
Daily unofficial grey market trends₹-4 -13.8%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 5 Oct 2026 | ₹1 | ₹30.00 | +3.45% |
| 3 Oct 2026 | ₹1 | ₹30.00 | +3.45% |
| 2 Oct 2026 | ₹1 | ₹30.00 | +3.45% |
| 1 Oct 2026 | ₹1 | ₹30.00 | +3.45% |
| 30 Sept 2026 | ₹1 | ₹30.00 | +3.45% |
| 29 Sept 2026 | ₹0 | ₹29.00 | +0.00% |
| 28 Sept 2026 | ₹3 | ₹32.00 | +10.34% |
| 26 Sept 2026 | ₹3 | ₹32.00 | +10.34% |
| 25 Sept 2026 | ₹3 | ₹32.00 | +10.34% |
Dudani Retail IPO Subscription Status
Demand breakdown by investor categoryDudani Retail Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2023 | 11.96 Cr. | 24.18 Cr. | 23.32 Cr. | 0.64 Cr. |
| 2024 | 10.59 Cr. | 25.13 Cr. | 23.77 Cr. | 0.99 Cr. |
| 2025 | 14.28 Cr. | 25.29 Cr. | 22.82 Cr. | 1.78 Cr. |
| 2026 | 17.01 Cr. | 24.59 Cr. | 22.03 Cr. | 1.90 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Dudani Retail IPO Valuation & KPIs
Key metrics pre-issueDudani Retail Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Nandani Creation Limited | 23.70 | 1.04 | 3.35% | 34.64 | 112.64 Cr. |
| Purple United Sales Limited | 26.72 | 15.81 | 22.30% | 78.80 | 170.63 Cr. |
| Mish Designs Limited | (11.27) | (3.24) | (6.00%) | 52.62 | 8.37 Cr. |
About Dudani Retail
Dudani Retail is a fashion and lifestyle company engaged in designing, manufacturing, sourcing, and supplying a diverse range of apparel for women and men, alongside trading personal care products. The company operates through its own-brand business, licensed manufacturing, and quick-commerce supply arrangements. Its women’s wear portfolio, marketed under the brand “Divena,” features ethnic and fusion garments, including suit sets, kurtas, dresses, tunics, and lehengas. For men, the company trades contemporary apparel under the “Millennial Men” brand, while lifestyle products are offered under “Cosse”. Dudani Retail also manufactures apparel for several licensed labels, such as Roadster and Taavi, functioning on a just-in-time basis for major e-commerce platforms. Key manufacturing processes, including cutting, stitching, and finishing, are executed in-house at its facility in Jaipur, Rajasthan, while value-added processing like dyeing and embroidery is outsourced, ensuring scalable and flexible operations.
Dudani Retail IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 25 Sept 2026 |
| IPO Close Date | 29 Sept 2026 |
| Basis of Allotment | 30 Sept 2026 |
| Refunds | 01 Oct 2026 |
| Credit to Demat Account | 01 Oct 2026 |
| IPO Listing Date | 05 Oct 2026 |
Note: The timeline for दुदानी रिटेल IPO is tentative and subject to change.
Dudani Retail Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Purpose | INR crores (%) |
| Purchase of machinery for expansion and upgradation of existing manufacturing facility | 0.79 (7.50%) |
| Repayment/pre-payment of outstanding borrowings | 3 (28.46%) |
| To meet Working Capital Requirements | 3.97 (37.66%) |
| General corporate purposes | 2.78 (26.38%) |
Note: Objectives are as specified in the DRHP/RHP documents of दुदानी रिटेल.
Dudani Retail Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 24.18 Cr. | 23.32 Cr. | 0.64 Cr. | 11.96 Cr. |
| 2024 | 25.13 Cr. | 23.77 Cr. | 0.99 Cr. | 10.59 Cr. |
| 2025 | 25.29 Cr. | 22.82 Cr. | 1.78 Cr. | 14.28 Cr. |
| 2026 | 24.59 Cr. | 22.03 Cr. | 1.90 Cr. | 17.01 Cr. |
Note: Financial numbers for दुदानी रिटेल are in ₹ Crores unless stated otherwise.
Dudani Retail Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 18.46% |
| ROCE | 25.88% |
| EBITDA Margin | 12.07% |
| PAT Margin | 7.73% |
| Debt to Equity Ratio | 0.47 |
| Earning Per Share (EPS) | 2.82 (Basic) |
| Price/Earning P/E Ratio | 10.30 |
| Return on Net Worth (RoNW) | 18.46% |
| Net Asset Value (NAV) | 15.26 |
Note: Valuation KPIs for दुदानी रिटेल are computed for FY2026.
Dudani Retail Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Nandani Creation Limited | 1.04 | 23.70 | 3.35% | 34.64 | 112.64 Cr. |
| Purple United Sales Limited | 15.81 | 26.72 | 22.30% | 78.80 | 170.63 Cr. |
| Mish Designs Limited | (3.24) | (11.27) | (6.00%) | 52.62 | 8.37 Cr. |
Note: Peer group comparisons for दुदानी रिटेल are sourced from DRHP filings.
Dudani Retail IPO FAQs
Dudani Retail IPO opens for subscription on 24 September 2026 and closes on 28 September 2026.
The price band for Dudani Retail IPO is set at ₹10.54 per share.
The minimum market lot size is 4000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 8,000 Shares (₹2,32,000).
The latest Grey Market Premium (GMP) for Dudani Retail IPO is ₹-4.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Dudani Retail IPO is tentatively scheduled for 29 September 2026, and shares are expected to list on the stock exchanges on 4 October 2026.
Maashitla Securities Pvt. Ltd. is the official registrar for Dudani Retail IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.