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Rajnandini Fashion India Limited

Founded in 2010, Rajnandini Fashion is engaged in designing, manufacturing, and selling women’s apparel in both ethnic and casual wear categories through online and offline platforms. Its ethnic collection includes sarees, kurtis, kurta sets, and unstitched dress materials, while the casual wear range features tops, tunics, dresses, and maternity gowns made from fabrics like cotton, rayon, silk, and poly-cotton. The company operates in both B2C and B2B segments, selling directly through its website and leading e-commerce platforms such as Amazon, Flipkart, Myntra, Ajio, and Nykaa, while also supplying fabrics and garments to wholesalers and retailers. Its products are marketed under four brands – Merira, Monira, Roly Poly, and Rajnandini – with pricing generally ranging from ₹250 to ₹2,000. The company established its first manufacturing unit in Surat in 2023 and later expanded to Jaipur in 2024. Together, both units operate with 140 sewing machines, and as of August 31, 2025, the company employed 207 permanent staff members.

₹59 - ₹63203.82x sub
Listed Price63.00
Listing Gain+0.00%
TimelineBookbuilding IPO
Open26 May 2026
Close29 May 2026
Allotment01 Jun 2026
Listing03 Jun 2026

Quota Reservation Portions

AnchorPortion: 8,18,000 shares
28.3%
QIBPortion: 5,48,000 shares
18.96%
HNIPortion: 4,14,000 shares
14.33%
RetailPortion: 9,64,000 shares
33.36%
Market MakerPortion: 1,46,000 shares
5.05%

Minimum Application Bracket Matrix

Retail2 lots / 4,000 shares
₹2,52,000
sHNI3 lots / 6,000 shares
₹3,78,000
bHNI8 lots / 16,000 shares
₹10,08,000

About the Company

Founded in 2010, Rajnandini Fashion is engaged in designing, manufacturing, and selling women’s apparel in both ethnic and casual wear categories through online and offline platforms. Its ethnic collection includes sarees, kurtis, kurta sets, and unstitched dress materials, while the casual wear range features tops, tunics, dresses, and maternity gowns made from fabrics like cotton, rayon, silk, and poly-cotton. The company operates in both B2C and B2B segments, selling directly through its website and leading e-commerce platforms such as Amazon, Flipkart, Myntra, Ajio, and Nykaa, while also supplying fabrics and garments to wholesalers and retailers. Its products are marketed under four brands – Merira, Monira, Roly Poly, and Rajnandini – with pricing generally ranging from ₹250 to ₹2,000. The company established its first manufacturing unit in Surat in 2023 and later expanded to Jaipur in 2024. Together, both units operate with 140 sewing machines, and as of August 31, 2025, the company employed 207 permanent staff members.

Company Promoters

Vikesh Sushil LunawatSushil Kumar LunawatPriyanka Chopra
Rajnandini Fashion India Limited IPO Details | GMP, Allotment & Financials | IPO Trending