GMP IPO Watch
R.K.Fashion IPO 2026: GMP Today, Price Band, Subscription, Lot Size and Key Details
R.K.Fashion Accessories IPO is an upcoming SME IPO of ₹34.99 crore, scheduled to open on O...
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R
SME IPO
LISTED
NSE SME
RKFAL
R.K.Fashion Accessories IPO
R.K.Fashion Accessories IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹2
+2.4%
Est. Listing: ₹84.00
Price Band
₹77 - ₹82
Per equity share
Lot Size
1600 Shares
Min Invest: ₹2,62,400
Issue Size
₹34.99 Cr
Fresh: ₹34.99 Cr
Issue Dates
4 October 2026 – 6 October 2026
Bidding period
Subscription
2.7x
Total overall demand
R.K.Fashion Accessories IPO Details
Key facts at a glance| IPO Open Date | 4 October 2026 | IPO Close Date | 6 October 2026 |
|---|---|---|---|
| Basis of Allotment | 7 October 2026 | Listing Date | 11 October 2026 |
| Price Band | ₹77 - ₹82 per share | Face Value | ₹10 per share |
| Market Lot Size | 1600 Shares | Min Investment (Retail) | ₹2,62,400 |
| Total Issue Size | ₹34.99 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹34.99 Cr | Offer for Sale (OFS) | — |
| Listing At | NSE SME | Issue Category | SME Issue |
| Registrar | Cameo Corporate Services Ltd. | ||
R.K.Fashion Accessories IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 4 October 2026 | Confirmed |
| IPO Close Date | 6 October 2026 | Confirmed |
| Basis of Allotment | 7 October 2026 | Tentative |
| Initiation of Refunds | 9 October 2026 | Tentative |
| Credit of Shares to Demat | 9 October 2026 | Tentative |
| IPO Listing Date | 11 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 7 October 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.
R.K.Fashion Accessories IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 3,200 Shares | ₹2,62,400 |
| Retail (Max) | 2 Lots | 3,200 Shares | ₹2,62,400 |
| S-HNI (Min) | 3 Lots | 4,800 Shares | ₹3,93,600 |
| S-HNI (Max) | 7 Lots | 11,200 Shares | ₹9,18,400 |
| B-HNI (Min) | 8 Lots | 12,800 Shares | ₹10,49,600 |
R.K.Fashion Accessories IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹2 +2.4%
Estimated Listing Price
₹84.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 12 Oct 2026 | ₹2 | ₹84.00 | +2.43% |
| 11 Oct 2026 | ₹2 | ₹84.00 | +2.43% |
| 10 Oct 2026 | ₹2 | ₹84.00 | +2.43% |
| 9 Oct 2026 | ₹2 | ₹84.00 | +2.43% |
| 8 Oct 2026 | ₹2 | ₹84.00 | +2.44% |
| 7 Oct 2026 | ₹15 | ₹97.00 | +18.29% |
| 6 Oct 2026 | ₹7 | ₹89.00 | +8.54% |
| 5 Oct 2026 | ₹0 | ₹82.00 | 0.00% |
| 1 Oct 2026 | ₹0 | ₹82.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
R.K.Fashion Accessories IPO Subscription Status
Demand breakdown by investor category
Retail
3.11x
QIB
14.11x
NII / HNI
1.77x
Total
2.70x
R.K.Fashion Accessories Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2025 | 16.88 Cr. | 17.82 Cr. | 15.02 Cr. | 2.00 Cr. |
| 2026 | 23.88 Cr. | 31.54 Cr. | 23.25 Cr. | 6.29 Cr. |
| June 2026 | 28.32 Cr. | 7.49 Cr. | - | 1.83 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
R.K.Fashion Accessories IPO Valuation & KPIs
Key metrics pre-issue
EPS
5.59 (Basic)
P/E Ratio
N/A
RoNW
38.90%
NAV per share
₹14.37
RoCE
57.74%
RoE
48.40%
Debt to Equity
[.]
PAT Margin
20.71%
EBITDA Margin
24.16%
R.K.Fashion Accessories Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Banaras Beads Ltd. | 46.34 | 2.46 | 2.57% | 95.97 | – Cr. |
About R.K.Fashion Accessories
R.K. Fashion Accessories operates as a Kolkata-based manufacturer and wholesale distributor of fashion jewellery, alongside trading in branded cosmetics. The company produces handcrafted jewellery that blends traditional designs with contemporary styles, utilizing a network of third-party contract manufacturers for its production processes. Its core business centers on distributing these products across multiple channels, including business-to-business wholesale networks, direct-to-consumer retail stores, e-commerce platforms, and a Shop-in-Shop retail model. Revenue is predominantly generated through its wholesale distribution segment, which accounts for the vast majority of its sales. The company maintains a highly concentrated market presence in eastern India, particularly in West Bengal, Odisha, Bihar, and Jharkhand. By strategically combining outsourced manufacturing with a diversified sales and distribution framework, the company caters to varied market segments within the fashion and personal care sectors.
R.K.Fashion Accessories IPO Reservation & Share Quotas
The R.K. Fashion Accessories IPO share reservation is divided among qualified institutional buyers, non-institutional investors and retail investors. The reservation structure below shows the proposed allocation across the different investor categories.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Note: The number of shares reserved for each category will be updated based on the final IPO offer documents and applicable allocation rules.
R.K.Fashion Accessories IPO Anchor Investors
The R.K. Fashion Accessories IPO anchor investor details provide information about the anchor bidding timeline, shares allocated and the applicable lock-in periods. The available anchor allocation information is presented below.
| Particular | Details |
|---|---|
| Anchor Bidding Date | 2026 |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date 50% Shares (90 Days) | 2026 |
Note: Anchor investor allocation, bidding date and lock-in dates are shown as provided and can be updated once the final anchor allocation details are officially available.
R.K.Fashion Accessories IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 05 Oct 2026 |
| IPO Close Date | 07 Oct 2026 |
| Basis of Allotment | 08 Oct 2026 |
| Refunds | 09 Oct 2026 |
| Credit to Demat Account | 09 Oct 2026 |
| IPO Listing Date | 12 Oct 2026 |
Note: The timeline for R.K.Fashion Accessories IPO is tentative and subject to change.
R.K.Fashion Accessories Promoters and Shareholding Pattern
The promoters of R.K. Fashion Accessories are Md.Qasim, Mohammed Usman, Mohammed Imran and Md.Aurangzeb. The holding pattern below shows the promoter and promoter group shareholding before and after the IPO, along with the corresponding ownership percentage.
- Md.Qasim
- Mohammed Usman
- Mohammed Imran
- Md.Aurangzeb
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | – | 99.67% | – | 72.26% |
| Others* | – | 0.33% | – | 27.74% |
| Total | 1,12,49,563 | 100% | 1,55,16,763 | 100% |
Note: The shareholding figures and percentages are presented as provided for the R.K. Fashion Accessories IPO.
R.K.Fashion Accessories Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Funding to meet working capital requirements | 5.21 (14.89%) |
| Establish new plating facility in Baruipur, Kolkata | 8.8 (25.15%) |
| Establish proposed new B2B showroom in Kolkata | 5.37 (15.35%) |
| Complete interiors and furnishings of B2C stores in Kolkata | 2.48 (7.09%) |
| Fund inventory costs for proposed new showroom and stores | 5.6 (16%) |
| General Corporate Purposes | 7.53 (21.52%) |
Note: Objectives are as specified in the DRHP/RHP documents of R.K.Fashion Accessories.
R.K.Fashion Accessories About the IPO
Founded in March 2010, R.K. Fashion Accessories is one of the leading manufacturers of imitation jewellery and a trader of branded cosmetics. The firm offers traditional and contemporary jewellery products under the brands “City Girl” and “Manikya”. Its product range includes a wide range of jewellery products: bangles, earrings, necklaces, chains, rings, bracelets, mangalsutras, sets, and CZ/AD jewellery for wedding, festive, and daily-wear segments.
R.K. Fashion sells its products in 3 main ways: 1) B2B wholesale, 2) E-commerce retailing, and 3) Corporate retail tie-ups, while also expanding its presence in Kolkata. The firm sells its products through 120 shop-in-shop counters and has fulfilled over 10,000 online orders monthly, supported by skilled artisans and third-party manufacturers
R.K.Fashion Accessories Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2025 | 17.82 Cr. | 15.02 Cr. | 2.00 Cr. | 16.88 Cr. |
| 2026 | 31.54 Cr. | 23.25 Cr. | 6.29 Cr. | 23.88 Cr. |
| June 2026 | 7.49 Cr. | - | 1.83 Cr. | 28.32 Cr. |
Note: Financial numbers for R.K.Fashion Accessories are in ₹ Crores unless stated otherwise.
R.K.Fashion Accessories Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 48.40% |
| ROCE | 57.74% |
| EBITDA Margin | 24.16% |
| PAT Margin | 20.71% |
| Debt to Equity Ratio | - |
| Earning Per Share (EPS) | 5.59 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 38.90% |
| Net Asset Value (NAV) | 14.37 |
Note: Valuation KPIs for R.K.Fashion Accessories are computed for FY2026.
R.K.Fashion Accessories Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Banaras Beads Ltd. | 2.46 | 46.34 | 2.57% | 95.97 | – Cr. |
Note: Peer group comparisons for R.K.Fashion Accessories are sourced from DRHP filings.
R.K.Fashion Accessories Lead Managers & Merchant Bankers
- Affinity Global Capital Market Pvt.Ltd.
R.K.Fashion Accessories IPO FAQs
R.K.Fashion Accessories IPO opens for subscription on 4 October 2026 and closes on 6 October 2026.
The price band for R.K.Fashion Accessories IPO is set at ₹77.00 to ₹82.00 per share.
The minimum market lot size is 1600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 3,200 Shares (₹2,62,400).
The latest Grey Market Premium (GMP) for R.K.Fashion Accessories IPO is ₹2. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for R.K.Fashion Accessories IPO is tentatively scheduled for 7 October 2026, and shares are expected to list on the stock exchanges on 11 October 2026.
Cameo Corporate Services Ltd. is the official registrar for R.K.Fashion Accessories IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.
R.K.Fashion Accessories IPO Analysis & Articles