Rachit Prints IPO was subscribed overall 1.97 times on the last day, while the retail quota was subscribed 2.74 times, QIB subscribed 1.00 times, and NII quota subscribed 1.25 times, respectively.
Details About Rachit Prints IPO
Rachit Prints has received approval from SEBI for an IPO of ₹19.49 crores. The IPO comprises a fresh issue of ₹19.49 crores with a face value of ₹10.
Moreover, the company has set up a price band between ₹140 to ₹149 per share. In this IPO total of 2,000 shares were available in 2 lot sizes for the minimum Retail category, and for the maximum Retail category. S-HNI (Min) has a total of 3,000 shares in 3 lot sizes. S-HNI (Max) has a total of 6,000 shares in 6 lot sizes. While, B-HNI Minimum has a total of 7,000 shares in 7 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and Maximum investment of ₹2,98,000.
- S-HNI (Minimum): Minimum investment of ₹4,47,000.
- S-HNI (Maximum): Maximum investment of ₹8,94,000
- B-HNI Minimum: Minimum investment of ₹10,43,000
Subscription duration of the Rachit Prints IPO
The opening date of the Rachit Prints IPO subscription was September 1, 2025, and the close date was September 3, 2025. The Rachit Prints IPO allotment was finalized on September 4, 2025, and the IPO listing is on September 8, 2025.
Funds Deployment of This Company
- The proceeds raised from the fresh issue are utilized to meet the working capital requirements of the Company.
- Some funds will be used for the expansion plan of the Company i.e., Capital expenditure towards the purchase of Plant and Machinery.
- Some funds will be used for Partial Pre-payment of term loans to banks.
- Lastly, the remaining funds will be used for the company’s General Corporate Purpose.
About Rachit Prints
Incorporated in 2003, Rachit Prints Limited is engaged in the manufacturing of specialty fabrics for the mattress industry. The company deals in knitted fabric, printed fabric, warp knit, pillow fabric, and Binding Tape, and the trading of comforters and bedsheets. Its process includes weaving, designing, printing, and finishing, resulting in knitted and printed fabrics especially designed to meet the requirements of each client.
Cotton yarn, viscose, spun, filament, and dyed yarn are the raw materials the company uses to produce fabric directly sourced from Delhi and Haryana. As of November 28, 2024, the company consists of 52 employees. The company incorporates yarn and chemicals to produce specialized textiles. Rachit Prints Limited is known to make fabrics for brands like Sleepwell, Kurlon Enterprises, and Prime Comfort Products.
Rachit Prints IPO Financial Background
The company reported revenue of ₹41.78 crores in 2025 against ₹37.11 crores in 2024. The company reported a profit of ₹4.56 crores in 2025 against a profit of ₹2.03 crores in 2024.
