| Category | Shares Offered | Lots | Amount (₹) |
|---|---|---|---|
| QIB (Qualified Institutional) | 548000 | — | ₹— |
| NII / HNI (Non-Institutional) | 414000 | 3 | ₹3,78,000 |
| Retail (Individual) | 964000 | 2 | ₹2,52,000 |
| Market Maker | 1,46,000 | — | ₹— |
| Fresh Issue | 27,44,000 shares (agg. up to ₹17 Cr) | — | ₹— |
| Investor Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min 1 Lot) | 2 | 4,000 | ₹2,52,000 |
| HNI — sHNI | 3 | 6,000 | ₹3,78,000 |
| Metric | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Subscription | 122.04 | 393.63 | 168.63 | 203.74 |
| Shares | 548000 | 414000 | 964000 | 1926000 |
| Bids | 66878000 | 162964000 | 162564000 | 392406000 |
Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 31 | 23 | 28 |
| PAT | 5 | 2 | 0 |
| EBITDA | 7 | 3 | 1 |
| Net Worth | 9 | 4 | 1 |
| Total Assets | 25 | 15 | 11 |
| Reserves | 9 | 4 | 1 |
| Borrowings | 8 | 7 | 6 |
Incorporated in 2010, Rajnandini Fashion designs, manufactures, and sells women’s apparel across ethnic and casual wear categories through both online and offline channels.
Its ethnic wear range includes sarees, kurtis, kurta sets, and unstitched dress materials, whilecasual wear range covers tops, tunics, dresses, and maternity gowns made from fabrics such as cotton, rayon, silk, and poly-cotton.
We operate in two segments:
Its products are sold under four brands – Merira, Monira, Roly Poly, and Rajnandini, catering to different price segments. Product prices generally range between ₹250 and ₹2,000, depending on the category.
The company set up first manufacturing unit in Surat in 2023 and expanded to Jaipur in 2024. The Surat unit has 90 sewing machines, and the Jaipur unit has 50. As of August 31, 2025, the company had a total workforce of 207 permanent employees.
Competitive Strengths: