Minimum Investment
₹126,000
Price Range
₹59 to ₹63
Lot Size
2000 shares
Issue Size
₹18 Cr
About the Company
Incorporated in 2010, Rajnandini Fashion designs, manufactures, and sells women’s apparel across ethnic and casual wear categories through both online and offline channels.
Bookbuilding IPO
IPO Objectives
- 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
Important Dates
| Bid/Offer Opens On | 26-05-2026 |
| Bid/Offer Closes On | 29-05-2026 |
| Finalisation of Basis of Allotment | 01-06-2026 |
| Initiation of Refunds | 02-06-2026 |
| Credit of Shares to Demat | 02-06-2026 |
| IPO Listing Date | 03-06-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 548,000 | 66,878,000 | 122.04x |
| NII | 414,000 | 163,110,000 | 393.99x |
| NII ( >10 lakh) | 276,000 | 135,560,000 | 491.16x |
| NII ( <10 lakh) | 138,000 | 27,550,000 | 199.64x |
| Retail | 964,000 | 162,564,000 | 168.63x |
| Total | 1,926,000 | 392,552,000 | 203.82x |
Grey Market Premium (GMP)
₹7.00
per share
Registrar
Bigshare Services Pvt.Ltd.
Lead Managers
- Seren Capital Pvt.Ltd.
Company Promoters
- Vikesh Sushil Lunawat
- Sushil Kumar Lunawat and Priyanka Chopra are the company promoters.\r\n
