Rajnandini Fashion
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Rajnandini Fashion
Price 59 to 63
GMP Rumors ₹8
Lot size 2000
Issue size ₹18.21 Cr
Allotment 01-06-2026
Listing 03-06-2026
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Allotment Status Bigshare
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Category Times
QIBs 0.00x
HNIs 0.00x
Retail 0.00x
Total : 0.00x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 2 4,000 ₹252,000
Retail Maximum 2 4,000 ₹252,000
S-HNI Minimum 3 6,000 ₹378,000
S-HNI Maximum 7 14,000 ₹882,000
B-HNI Minimum 8 16,000 ₹1,008,000

About the Company

Founded in 2010, Rajnandini Fashion Designs is engaged in the manufacturing and marketing of women’s apparel and fashion products through both online and offline platforms. The company primarily caters to the ethnic and casual wear segments for women. Its ethnic wear portfolio includes sarees, kurtis, kurta sets, and unstitched dress materials, while the casual wear category consists of tops, tunics, dresses, and maternity gowns made from fabrics such as cotton, rayon, silk, and poly-cotton.

The company operates through both B2C and B2B business models. Under the B2C segment, it sells products through its own platform as well as third-party e-commerce marketplaces such as Amazon, Flipkart, Myntra, Ajio, Nykaa, and others. Under the B2B segment, the company supplies fabrics and garments to wholesalers and retailers. Additionally, its products are marketed under four brands namely Merira, Monira, Roly Poly, and Rajnandini.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2023 ₹28.02 ₹27.51 ₹0.37 ₹11.71
2024 ₹23.60 ₹20.53 ₹2.29 ₹15.74
2025 ₹31.27 ₹24.48 ₹5.05 ₹25.35

Company Promoter

Vikesh Sushil Lunawat

Sushil Kumar Lunawat

Priyanka Chopra

Know before investing

  • • Strengths

    Wide Product Range: The company provides an extensive selection of women’s apparel spanning ethnic, casual, and fusion wear categories, including kurtas, sarees, dresses, co-ord sets, maternity wear, and unstitched fabrics at various price ranges to serve diverse customer groups.

    Skilled Leadership Team: The company is managed by experienced promoters possessing significant industry expertise in textiles and apparel, with strong capabilities in manufacturing operations, fabric procurement, quality management, and strategic business planning.

  • • Risks

    Risk from Evolving Fashion Trends and Consumer Preferences: The company operates in the women’s apparel industry, where customer demand is largely driven by changing fashion trends and consumer tastes. Inability to keep pace with shifting styles and preferences could adversely impact revenue and business growth.

    Absence of Long-Term Customer Agreements: The company primarily operates through repeat purchase orders rather than long-term contracts. Any decline, postponement, or cancellation of orders from major customers could negatively impact its revenue and cash flow position.

Objects of the Issue & Utilisation of proceeds

Funding of capital expenditure for setting up a new manufacturing facility.

Repayment of a portion of certain borrowings availed by our Company.

Utilization towards working capital requirements.

General Corporate Purpose

Company  Address

Rajnandini Fashion India Ltd.
G1-41, RIICO,
Tonk Road
Sitapura Industrial Area
Jaipur, Rajasthan, 302022
Phone: +91-7878352054
Email: cs@rfil.in
Website: https://rfil.in/

IPO Registrar

Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

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