Dudani Retail IPO
Textiles • ₹11cr
High risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- SME listing with thinner post-listing liquidity
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹25-29
Issue Size
₹11cr
Open
25 Sept 2026
Close
29 Sept 2026
Subscription
—
GMP +₹3 → est. ₹32
IPO Schedule
| Issue Open Date | 25 Sept 2026 |
| Issue Close Date | 29 Sept 2026 |
| Allotment Date | 30 Sept 2026 |
| Listing Date | 05 Oct 2026 |
About Dudani Retail
Dudani Retail is a fashion and lifestyle company engaged in designing, manufacturing, sourcing, and supplying a diverse range of apparel for women and men, alongside trading personal care products. The company operates through its own-brand business, licensed manufacturing, and quick-commerce supply arrangements. Its women’s wear portfolio, marketed under the brand “Divena,” features ethnic and fusion garments, including suit sets, kurtas, dresses, tunics, and lehengas. For men, the company trades contemporary apparel under the “Millennial Men” brand, while lifestyle products are offered under “Cosse”. Dudani Retail also manufactures apparel for several licensed labels, such as Roadster and Taavi, functioning on a just-in-time basis for major e-commerce platforms. Key manufacturing processes, including cutting, stitching, and finishing, are executed in-house at its facility in Jaipur, Rajasthan, while value-added processing like dyeing and embroidery is outsourced, ensuring scalable and flexible operations.
Company Details
Founders / Promoters
Mr Akshay Dudani
Founded
2015
Registrar
Maashitla Securities Pvt Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Subscription Status
Subscription data not available
Grey Market Premium (GMP)
Issue Price
₹29
GMP
+₹3
Est. Listing
₹32
Est. Gain
+10.3%
GMP is unofficial grey market data — not regulated by SEBI. Use only as a sentiment indicator alongside subscription data. View all IPO GMP →
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FAQ
What is the price band of Dudani Retail IPO?
The price band is ₹25-29 per share with a lot size of 0 shares.
What does Dudani Retail do?
Dudani Retail is a fashion and lifestyle company engaged in designing, manufacturing, sourcing, and supplying a diverse range of apparel for women and men, alongside trading personal care products. The company operates through its own-brand business, licensed manufacturing, and quick-commerce supply arrangements. Its women’s wear portfolio, marketed under the brand “Divena,” features ethnic and fusion garments, including suit sets, kurtas, dresses, tunics, and lehengas. For men, the company trades contemporary apparel under the “Millennial Men” brand, while lifestyle products are offered under “Cosse”. Dudani Retail also manufactures apparel for several licensed labels, such as Roadster and Taavi, functioning on a just-in-time basis for major e-commerce platforms. Key manufacturing processes, including cutting, stitching, and finishing, are executed in-house at its facility in Jaipur, Rajasthan, while value-added processing like dyeing and embroidery is outsourced, ensuring scalable and flexible operations.
Should I apply for Dudani Retail IPO?
Dudani Retail is a Textiles sme IPO and opens 25 Sept 2026 with a ₹25-29 price band (₹11cr issue) — subscription data is not live yet, so demand signals are unavailable. Unofficial grey market premium is around ₹3, roughly 10% above the ₹29 upper band for this Textiles IPO — useful as a sentiment check before listing, but not verified by NSE/BSE/SEBI.
Who founded Dudani Retail?
Dudani Retail was founded by Mr Akshay Dudani in 2015.