The Rajnandini Fashion IPO minimum market lot is 4,000 shares with ₹2,52,000 application amount. The Rajnandini Fashion IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Rajnandini Fashion Designs, founded in 2010, is involved in the manufacturing and selling of women’s clothes and fashion products via online and offline channels. The firm mainly focuses on the sale of ethnic and casual wear under the women’s category. In the Ethnic range, they sell sarees, kurtis, kurta sets, and unstitched dress materials, and under casual wear, they sell tops, tunics, dresses, and maternity gowns using various materials such as cotton, rayon, silk, and poly-cotton. The company runs its business under the B2C model, where they sell its products via its own and 3rd party website like Amazon, Flipkart, Myntra, Ajio, Nykaa, and others, and the B2B model, where they supply the fabrics and garments to wholesalers and retailers. Moreover, its products are sold under 4 brands, including Merira, Monira, Roly Poly, and Rajnandini.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Rajnandini Fashion IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 3.51 | 3.51 | 122.04 |
| NII | 2.15 | 11.04 | 393.63 |
| RII | 0.46 | 7.18 | 168.63 |
| Total | 1.69 | 6.97 | 203.74 |
Rajnandini Fashion IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Rajnandini Fashion IPO Review and Rating
- May Apply For Long-term View
Rajnandini Fashion IPO Form
How to apply for the Rajnandini Fashion IPO? You can apply for Rajnandini Fashion IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rajnandini Fashion IPO in the Invest section. The other option is you can apply for Rajnandini Fashion IPO via IPO forms downloaded online. Check out the Rajnandini Fashion forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
