Rajnandini Fashion India IPO will open for subscription from May 26 to May 29, 2026 on the BSE SME platform with a price band of ₹59–₹63 per share. The ₹18.21 crore IPO is a completely fresh issue, while the current GMP stands near ₹2. The company reported strong FY2025 performance with revenue growth of 33% and PAT jumping 120%. Operating through brands like Merira, Monira, and Roly Poly, Rajnandini Fashion sells across major e-commerce platforms including Amazon, Myntra, and Flipkart. Check complete IPO review, GMP updates, lot size, financials, risks, and investment outlook here.

Rajnandini Fashion India IPO 2026 — Strong SME IPO With High Oversubscription Potential? GMP, Review, Price Band & Should You Apply

Rajnandini Fashion India Limited, a fast-growing women’s apparel and ethnic wear company based in Jaipur and Surat, is launching its BSE SME IPO on May 26, 2026. Backed by strong FY2025 growth numbers, expanding B2B operations, and a rapidly scaling online fashion business, this ₹18.21 crore SME IPO is already attracting attention among retail investors looking for high-potential small-cap listings.

With PAT growth surging 120%, B2B revenue jumping nearly 10x in two years, and operations spread across major e-commerce platforms like Amazon, Myntra, Ajio, and Flipkart, the company appears positioned to benefit from India’s growing online ethnic fashion market.

The relatively small issue size also increases the probability of heavy subscription demand — a factor that has historically supported strong SME IPO listing momentum.

Here’s a complete breakdown of Rajnandini Fashion India IPO GMP, financials, strengths, risks, subscription outlook, and whether investors should consider applying.