Rajnandini Fashion India IPO Allotment Status: Latest GMP, Subscription Data, Dates & How to Check
The Rajnandini Fashion India IPO has generated significant investor interest, with the SME issue attracting strong demand across investor categories. As the IPO subscription period has closed, applicants are now waiting for the allotment announcement and listing debut.
Here’s the latest update on Rajnandini Fashion India IPO allotment status, GMP, subscription figures, key dates, and the process to check your allotment online.
Rajnandini Fashion India IPO Overview
| Particulars | Details |
|---|---|
| IPO Type | SME IPO |
| Exchange | BSE SME |
| IPO Open Date | May 26, 2026 |
| IPO Close Date | May 29, 2026 |
| Price Band | ₹59–₹63 per share |
| Issue Size | ₹18.21 Crore |
| Fresh Issue | 28.90 Lakh Shares |
| Registrar | Bigshare Services Pvt Ltd |
| Allotment Date | June 1, 2026 |
| Refund Initiation | June 2, 2026 |
| Demat Credit | June 2, 2026 |
| Listing Date | June 3, 2026 |
Rajnandini Fashion India IPO GMP Today
The Grey Market Premium (GMP) for Rajnandini Fashion India IPO has been fluctuating across market trackers. Recent reports indicate a GMP in the range of ₹7 to ₹12 per share.
Based on the upper price band of ₹63, the estimated listing price could be between ₹70 and ₹75 per share, suggesting a potential listing gain of approximately 11% to 19%.
GMP Snapshot
| IPO Price | GMP Range | Estimated Listing Price |
|---|---|---|
| ₹63 | ₹7 | ₹70 |
| ₹63 | ₹10 | ₹73 |
| ₹63 | ₹12 | ₹75 |
Note: GMP is an unofficial market indicator and should not be considered a guarantee of listing performance.
Rajnandini Fashion India IPO Subscription Status
The IPO witnessed exceptionally strong demand from investors.
However, subscription figures vary slightly across IPO tracking platforms due to differences in calculation methods, including treatment of market-maker and anchor portions.
Reported Subscription Figures
| Source | Overall Subscription |
|---|---|
| IPO Market | 189.02x |
| Other Market Trackers | Above 200x |
| Highest Reported Estimate | 284.87x |
A safe conclusion is that the IPO was subscribed well over 189 times, reflecting robust investor interest and increasing competition for allotment.
Rajnandini Fashion India IPO Lot Size and Investment
| Particulars | Details |
|---|---|
| Lot Size | 2,000 Shares |
| Minimum Application | 2 Lots |
| Minimum Shares | 4,000 Shares |
| Minimum Investment | ₹2,52,000 |
The relatively high minimum investment requirement is typical for SME IPOs and may limit retail participation compared to mainboard issues.
Rajnandini Fashion India IPO Allotment Date
The basis of allotment is expected to be finalized on June 1, 2026.
Investors who receive allotment can expect shares to be credited to their demat accounts on June 2, 2026, while unsuccessful applicants should receive refunds on the same day.
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opens | May 26, 2026 |
| IPO Closes | May 29, 2026 |
| Allotment Finalization | June 1, 2026 |
| Refunds Initiated | June 2, 2026 |
| Shares Credited | June 2, 2026 |
| Listing on BSE SME | June 3, 2026 |
How to Check Rajnandini Fashion India IPO Allotment Status
Applicants can check their allotment status through the official registrar, Bigshare Services.
Method 1: Check Through Bigshare Services
- Visit the Bigshare Services IPO allotment portal.
- Select Rajnandini Fashion India IPO from the dropdown menu.
- Choose one of the following options:
- PAN Number
- Application Number
- DP/Client ID
- Enter the required details.
- Complete the captcha verification.
- Click Search.
The system will display whether shares have been allotted to your application.
Method 2: Check Through BSE
- Visit the BSE IPO allotment page.
- Select the IPO name.
- Enter your PAN or application number.
- Complete the verification process.
- Submit the details to view the allotment result.
About Rajnandini Fashion India
Rajnandini Fashion India operates in the women’s apparel segment and focuses on designing, manufacturing, and marketing fashion products. The company has built a presence across both offline and online sales channels and offers products through leading e-commerce marketplaces.
The company plans to utilize the IPO proceeds for:
- Setting up a new manufacturing facility
- Funding working capital requirements
- Repayment of certain borrowings
- General corporate purposes
What Does the Strong Subscription Mean for Investors?
A heavily subscribed IPO generally indicates strong market demand. However, it also reduces the probability of receiving allotment because applications significantly exceed the shares available.
For Rajnandini Fashion India IPO, the high subscription levels suggest:
- Intense investor interest
- Lower allotment chances for retail applicants
- Positive sentiment ahead of listing
- Potential listing premium if market conditions remain supportive
Investors should remember that listing gains are influenced by broader market sentiment, company fundamentals, and post-listing demand, not GMP alone.
FAQs
Q. When is Rajnandini Fashion India IPO allotment date?
The IPO allotment is expected to be finalized on June 1, 2026.
Q. What is the latest GMP of Rajnandini Fashion India IPO?
Recent market reports indicate a GMP of approximately ₹7 to ₹12 per share.
Q. When will Rajnandini Fashion India IPO list on the stock exchange?
The shares are scheduled to list on the BSE SME platform on June 3, 2026.
Q. Who is the registrar of the IPO?
Bigshare Services Pvt Ltd is the official registrar for the issue.
Q. How can I check my IPO allotment status?
You can check allotment status through the Bigshare Services portal or the BSE website using your PAN, Application Number, or DP Client ID.
Key Takeaways
- Rajnandini Fashion India IPO allotment is expected on June 1, 2026.
- GMP is currently reported in the ₹7–₹12 range.
- The IPO received exceptionally strong demand, with subscription exceeding 189x.
- Shares are expected to list on June 3, 2026.
- Allotment status can be checked through Bigshare Services and BSE portals.
For investors awaiting allotment, the next major milestone is the allotment announcement, followed by listing on the BSE SME platform. Given the strong subscription and positive GMP trends, the IPO remains one of the closely watched SME listings of the week.
Disclaimer
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