GMP IPO Watch
Rajnandini Fashion IPO 2026: Apparel and Ethnic Wear Company Targets Growth Through SME Listing
Rajnandini Fashion IPO has entered the SME market as the fashion and apparel company aims ...
Read Article
R
SME IPO
LISTED
BSE, NSE
RAJNANDINI FASHION
Rajnandini Fashion IPO
Rajnandini Fashion IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹0
+0.0%
Est. Listing: ₹63.00
Price Band
₹59 - ₹63
Per equity share
Lot Size
2000 Shares
Min Invest: ₹2,52,000
Issue Size
₹63 Cr
Total Public Offering
Issue Dates
25 May 2026 – 28 May 2026
Bidding period
Subscription
6.97x
Total overall demand
Rajnandini Fashion IPO Details
Key facts at a glance| IPO Open Date | 25 May 2026 | IPO Close Date | 28 May 2026 |
|---|---|---|---|
| Basis of Allotment | 31 May 2026 | Listing Date | 2 June 2026 |
| Price Band | ₹59 - ₹63 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,52,000 |
| Total Issue Size | ₹63 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | BSE, NSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Rajnandini Fashion IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 25 May 2026 | Confirmed |
| IPO Close Date | 28 May 2026 | Confirmed |
| Basis of Allotment | 31 May 2026 | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 2 June 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | 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.
Rajnandini Fashion IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,52,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,52,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹3,78,000 |
| S-HNI (Max) | 7 Lots | 14,000 Shares | ₹8,82,000 |
| B-HNI (Min) | 8 Lots | 16,000 Shares | ₹10,08,000 |
Rajnandini Fashion IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹0 +0.0%
Estimated Listing Price
₹63.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 29 May 2026 | ₹10 | ₹73.00 | +15.87% |
| 28 May 2026 | ₹10 | ₹73.00 | +15.87% |
| 26 May 2026 | ₹6 | ₹69.00 | +9.52% |
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.
Rajnandini Fashion IPO Subscription Status
Demand breakdown by investor category
Retail
7.18x
QIB
3.51x
NII / HNI
—
Total
6.97x
About Rajnandini Fashion
Rajnandini Fashion IPO Reservation & Share Quotas
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | 8,18,000 Shares | 28.30% |
| QIB (Ex. Anchor) | 5,48,000 Shares | 18.96% |
| NII Shares Offered | 4,14,000 Shares | 14.33% |
| Retail Shares Offered | 9,64,000 Shares | 33.36% |
Rajnandini Fashion IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | May 25, 2026 |
| Anchor Investors List | |
| Shares Offered | 8,18,000 Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date (50% Shares - 30 Days) | 2026 |
| Lock-in Period End Date (50% Shares - 90 Days) | 2026 |
Rajnandini Fashion IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 26 May 2026 |
| IPO Close Date | 29 May 2026 |
| Basis of Allotment | 01 Jun 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 03 Jun 2026 |
Note: The timeline for રાજનંદિની ફેશન IPO is tentative and subject to change.
Rajnandini Fashion Promoters and Shareholding Pattern
The promoters of the company are Vikesh Sushil Lunawat, Sushil Kumar Lunawat, and Priyanka Chopra.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 74,80,000 | 97.19% |
| Promoter Holding Post Issue | 1,03,70,000 | -% |
Rajnandini Fashion Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
About Rajnandini Fashion IPO
Rajnandini Fashion Designs, founded in 2010, is involved in the manufacturing and selling of women’s clothes and fashion products via online and offline channels. The firm mainly focuses on the sale of ethnic and casual wear under the women’s category. In the Ethnic range, they sell sarees, kurtis, kurta sets, and unstitched dress materials, and under casual wear, they sell tops, tunics, dresses, and maternity gowns using various materials such as cotton, rayon, silk, and poly-cotton.
The company runs its business under the B2C model, where they sell its products via its own and 3rd party website like Amazon, Flipkart, Myntra, Ajio, Nykaa, and others, and the B2B model, where they supply the fabrics and garments to wholesalers and retailers. Moreover, its products are sold under 4 brands, including Merira, Monira, Roly Poly, and Rajnandini.
Rajnandini Fashion Company Financial Report
To Be Updated Soon
Rajnandini Fashion Company Valuation & Key Performance Indicators
To Be Updated Soon
Rajnandini Fashion Peer Group Comparison
To Be Updated Soon
Rajnandini Fashion Lead Managers & Merchant Bankers
- Seren Capital Pvt.Ltd.
Rajnandini Fashion IPO FAQs
Rajnandini Fashion IPO opens for subscription on 25 May 2026 and closes on 28 May 2026.
The price band for Rajnandini Fashion IPO is set at ₹59.00 to ₹63.00 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,52,000).
The latest Grey Market Premium (GMP) for Rajnandini Fashion IPO is ₹0.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Rajnandini Fashion IPO is tentatively scheduled for 31 May 2026, and shares are expected to list on the stock exchanges on 2 June 2026.
The registrar details will be confirmed in the official prospectus.
Rajnandini Fashion IPO Analysis & Articles
