Rajnandini Fashion IPO

The price band is ₹63 per share with a lot size of 2000 shares. Minimum investment: ₹126000.

Rajnandini Fashion India is engaged in the design, manufacturing, and sale of women’s apparel across ethnic wear and casual wear categories through online and offline channels. Its product portfolio includes unstitched dress materials, sarees, kurtis, kurta sets, tops, tunics, maternity gowns, dresses, co-ord sets, and plus-size apparel made using fabrics such as cotton, rayon, silk, and poly-cotton. The company operates through both business-to-consumer (B2C) and business-to-business (B2B) segments. Under the B2C segment, products are sold through its own website and e-commerce platforms such as Amazon, Flipkart, Myntra, Ajio, LimeRoad, and Nykaa. In the B2B segment, the company supplies fabrics and ready-to-wear garments to wholesalers, retailers, and garment processors. Rajnandini Fashion India operates manufacturing facilities at Surat and Jaipur, with in-house apparel production supported by sewing, cutting, stitching, quality checking, packaging, and dispatch operations. Use of proceeds: The net proceeds from the fresh issue will be utilised for the following purposes:​ Capital expenditure for setting up a new manufacturing facility — Rs 1.41 crore Repayment of a portion of certain borrowings availed by the company — Rs 5.50 crore Working capital requirements — Rs 9 crore General corporate purposes

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Rajnandini Fashion was founded by Mr Vikesh Lunawat in 2010.