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Rajnandini Fashion IPO Subscription Status Day-1: Live Bidding
Rajnandini Fashion IPO subscription started on Tuesday, May 26, 2026, and the public issue will close on May 29, 2026. The company plans to raise nearly ₹18.21 crores through the IPO. The allocation structure reserves 50% for QIB investors, 15% for NII investors, and 35% for retail investors. The IPO price band has been fixed at ₹59 to ₹63 per equity share.

The Rajnandini Fashion IPO comes under the SME segment and is proposed to be listed on the BSE SME platform. Investors can apply with a minimum market lot of 4,000 shares, requiring an application amount of ₹2,52,000. The IPO is attracting attention among SME investors due to its affordable pricing structure and participation opportunities across retail and institutional categories.
Rajnandini Fashion IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.12 | 0.00 | 0.00 |
| RII | 0.05 | 0.00 | 0.00 |
| Total | 0.05 | 0.00 | 0.00 |
Company Overview
Rajnandini Fashion India Ltd. is a fashion and textile company incorporated in 2010 with a vision to build a globally recognized brand through quality products, modern technology, and customer-focused innovation. The company specializes in a wide range of fashion products including sarees, dress materials, salwar suits, kurtis, kurtas, kaftans, western tops, co-ord sets, and plus-size collections. By combining trend research, market analysis, and advanced production practices, the company focuses on delivering stylish and high-quality fashion products to customers across different categories.
The company operates on strong core values such as integrity, accountability, diversity, passion, and quality. Rajnandini Fashion India Ltd. aims to strengthen its position in the fashion industry through continuous expansion and product innovation. The management team brings extensive experience in textile manufacturing, fabric quality, and online marketplace operations, helping the company build a strong presence across platforms like Myntra, Amazon, Flipkart, Mirraw, and Meesho. With its growing product portfolio and customer-centric approach, the company continues to establish itself as a trusted name in the Indian fashion and textile sector.