Rajnandini Fashion India SME IPO Subscription
ListedUpdated 3 June 2026, 9:15 AM IST· BSE SME
Rajnandini Fashion India SME IPO subscription closed on 29 May 2026 at 203.82x overall by shares. QIB demand came in at 122.04x, NII at 393.99x, and retail at 168.63x. See Retail, SHNI, and BHNI allotment chances in the…
Rajnandini Fashion India SME IPO subscription closed on 29 May 2026 at 203.82x overall by shares. QIB demand came in at 122.04x, NII at 393.99x, and retail at 168.63x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 1 June 2026. Listing date on NSE and BSE is 3 June 2026.
Rajnandini Fashion India SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 26 May 2026 | 3.51x | 2.15x | 0.46x | 1.69x |
| Day 2 - 27 May 2026 | 3.51x | 11.04x | 7.18x | 6.97x |
| Day 3 - 29 May 2026 | 122.04x | 393.63x | 168.63x | 203.74x |
Rajnandini Fashion India SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Rajnandini Fashion India SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 168.63x | 1 in 169 |
| SHNI (Rs 2L to Rs 10L) | 193.35x | 1 in 193 |
| BHNI (above Rs 10L) | 178.54x | 1 in 179 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Rajnandini Fashion India SME IPO Allotment Status page from 1 June 2026 for your result.
Rajnandini Fashion India SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 63.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 3.45 Cr | Rs 421.33 Cr | 122.04x |
| FII | - | Rs 68.15 Cr | - |
| DFI | - | Rs 3.78 L | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 353.14 Cr | - |
| NII | Rs 2.61 Cr | Rs 1,027.59 Cr | 393.99x |
| bNII (above Rs 10L) | Rs 1.74 Cr | Rs 854.03 Cr | 491.16x |
| Corporate | - | Rs 21.52 Cr | - |
| Individual | - | Rs 819.57 Cr | - |
| Other | - | Rs 12.94 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 86.94 L | Rs 173.57 Cr | 199.64x |
| Corporate | - | Rs 1.58 Cr | - |
| Individual | - | Rs 169.37 Cr | - |
| Other | - | Rs 2.62 Cr | - |
| IND | Rs 6.07 Cr | Rs 1,024.15 Cr | 168.63x |
| Fixed price | - | Rs 1,024.15 Cr | - |
| Total | Rs 12.13 Cr | Rs 2,473.08 Cr | 203.82x |
Rajnandini Fashion India SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 274 | 60 | 0.22x |
| FII | - | 9 | - |
| DFI | - | 1 | - |
| Mutual Funds | - | - | - |
| Other | - | 50 | - |
| NII | 69 | 12,660 | 183.48x |
| bNII (above Rs 10L) | 46 | 8,213 | 178.54x |
| Corporate | - | 205 | - |
| Individual | - | 7,881 | - |
| Other | - | 127 | - |
| sNII (Rs 2L to Rs 10L) | 23 | 4,447 | 193.35x |
| Corporate | - | 41 | - |
| Individual | - | 4,340 | - |
| Other | - | 66 | - |
| IND | 241 | 40,641 | 168.63x |
| Fixed price | - | 40,641 | - |
| Total | 584 | 53,361 | 91.37x |
What Do These Subscription Numbers Mean?
203.82x overall by shares means bids covered about 204 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 122.04x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (183.48x by applications). Split: SHNI 193.35x, BHNI 178.54x by applications. SHNI and BHNI allotment is by lottery.
At 168.63x subscription by applications, about 1 in 169 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Rajnandini Fashion India SME IPO GMP After Subscription
GMP for Rajnandini Fashion India SME stands at Rs 6.00 today, giving an estimated listing price of Rs 69.00 per share.
The GMP has been mixed from Rs 8.00 on 21 May 2026 to Rs 7.00 on 1 Jun 2026.
A subscription of 203.82x combined with a GMP of 9.52% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Rajnandini Fashion India SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Rajnandini Fashion India SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 26 May 2026 |
| IPO Close Date | 29 May 2026 |
| Allotment Date | 1 June 2026 |
| Refund Initiation | 2 June 2026 |
| Share Credit to Demat | 2 June 2026 |
| Listing Date | 3 June 2026 |
| Minimum Investment | Rs 2,52,000.00 |
| Lot Size | 2000 shares |
About Rajnandini Fashion India SME
Rajnandini Fashion India Limited, incorporated in 2010, is a women's apparel manufacturer and trader specializing in both ethnic and casual wear categories. Its diverse product design portfolio spans sarees, kurtis, unstitched dress materials, contemporary tops, tunics, and specialized maternity gowns. The company operates a balanced hybrid distribution structure divided between B2C direct sales via its native storefront alongside top-tier marketplaces (Amazon, Myntra, Ajio, Flipkart), and a stable B2B fabric and readymade apparel distribution network supplying nationwide wholesalers.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Rajnandini Fashion India SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Rajnandini Fashion India SME Details
Issue size, price, financials, and company info
Rajnandini Fashion India SME GMP
Live grey market premium and listing estimate
Rajnandini Fashion India SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Rajnandini Fashion India SME Allotment
Allotment date, chances, and check by PAN
Rajnandini Fashion India SME Review
SWOT, strengths, risks, and IPO review
Rajnandini Fashion India SME FAQ
Common questions on dates, GMP, and allotment
Rajnandini Fashion India SME Registrar
Registrar website and how to check allotment
Rajnandini Fashion India SME Timeline
Open, close, allotment, and listing dates
Rajnandini Fashion India SME News
Updates, blogs, and latest IPO news
Rajnandini Fashion India SME IPO Subscription FAQs
What is Rajnandini Fashion India SME IPO subscription status today?
Rajnandini Fashion India SME IPO subscription closed on 29 May 2026 with overall subscription of 203.82x (by shares) as of 17 August 2026, 12:32 PM IST. QIB 122.04x, NII 183.48x, IND 168.63x.
What is the overall subscription of Rajnandini Fashion India SME IPO?
Rajnandini Fashion India SME IPO is subscribed 203.82x overall by shares at close on 29 May 2026. QIB 122.04x, NII 183.48x, and IND 168.63x.
What is Rajnandini Fashion India SME IPO QIB subscription?
Rajnandini Fashion India SME IPO QIB (Qualified Institutional Buyers) subscription is 122.04x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Rajnandini Fashion India SME IPO IND subscription?
Rajnandini Fashion India SME IPO IND subscription is 168.63x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Rajnandini Fashion India SME IPO NII, SHNI, and BHNI subscription?
Rajnandini Fashion India SME IPO NII subscription is 183.48x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 193.35x and BHNI (above Rs 10L) at 178.54x.
What are Rajnandini Fashion India SME IPO retail allotment chances?
At 168.63x subscription by applications, about 1 in 169 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Rajnandini Fashion India SME IPO SHNI allotment chances?
At 193.35x subscription by applications, about 1 in 193 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 199.64x. Allotment chances use applications, not share volume.
What are Rajnandini Fashion India SME IPO BHNI allotment chances?
At 178.54x subscription by applications, about 1 in 179 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 491.16x. Allotment chances use applications, not share volume.
When is Rajnandini Fashion India SME IPO allotment date?
Rajnandini Fashion India SME IPO allotment date is 1 June 2026. Check Rajnandini Fashion India SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Rajnandini Fashion India SME IPO subscription close?
Rajnandini Fashion India SME IPO subscription closed on 29 May 2026. No new applications are accepted after the close.
What is Rajnandini Fashion India SME IPO GMP today?
Rajnandini Fashion India SME IPO GMP is ₹6 today (+9.52% over issue price ₹63). See live GMP on the Rajnandini Fashion India SME IPO GMP Today page.
What is Rajnandini Fashion India SME IPO issue price and lot size?
Rajnandini Fashion India SME IPO issue price is ₹63 per share. Lot size is 2000 shares. Minimum investment is ₹2,52,000 per lot (minimum 2 lots for SME). Issue size: ₹18.21 Cr.
When is Rajnandini Fashion India SME IPO listing date?
Rajnandini Fashion India SME IPO listing date is 3 June 2026 on NSE and BSE. Allotment is on 1 June 2026.
How does subscription affect Rajnandini Fashion India SME IPO allotment?
In Rajnandini Fashion India SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 203.82x overall, competition is very high.
For allotment results from 1 June 2026, visit the Rajnandini Fashion India SME IPO Allotment Status page. For listing day updates on 3 June 2026, download the IPOwiz App.
Sources
We match Rajnandini Fashion India SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, and How allotment chances work.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.