Rajnandini Fashion India SME IPO GMP History
Rajnandini Fashion India SME IPO has been listed on June 3, 2026 at a listing price of ₹63, against the issue price of ₹63 — a gain of ₹0 (+0%). The GMP peaked at ₹8 on 25 May 2026 and reached a low of ₹7 on 2 June 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Rajnandini Fashion India SME IPO raised ₹18 Cr. through its IPO at a price band of ₹59 to ₹63 per share, with a lot size of 2000 shares. The IPO was open for subscription from 26 May 2026 to 29 May 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 25 Aug, 12:54 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 02 Jun 2026 | ₹ 7 | — | 11% | — | — |
| 29 May 2026 | ₹ 7 | — | 11% | — | — |
| 27 May 2026 | ₹ 7 | — | 11% | — | — |
| 26 May 2026 | ₹ 7 | ▼ | 11% | — | — |
| 25 May 2026 | ₹ 8 | — | 13% | — | — |
Rajnandini Fashion India SME IPO dates
Key dates from opening to listing. Today is 23 October.
- Open 26 May 2026
- Close 29 May 2026
- Allotment 01 Jun 2026
- Refund/credit 02 Jun 2026
- Listing 03 Jun 2026
Rajnandini Fashion India SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹63 |
|---|---|
| GMP-based estimate (pre-listing) | ₹70 (+11.1%) |
| Listing gain / loss | +₹0 per share |
| Listing date | 03 Jun, 2026 |
| Actual listing price | ₹63 (+0%) |
Is Rajnandini Fashion India SME IPO GMP reliable?
Grey market premium for Rajnandini Fashion India SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Rajnandini Fashion India SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Rajnandini Fashion India SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Rajnandini Fashion India SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Rajnandini Fashion India SME IPO
Rajnandini Fashion India is an Indian apparel company engaged in the manufacturing and trading of women’s fashion products. The company started its operations with a focus on textile and garment trading and later expanded into branded fashion wear. Over the years, it has built a presence in the women’s ethnic and western wear segment by offering trendy and affordable products to customers across India. The promoters have focused on expanding the business through digital platforms and strengthening supply chain operations.
The company offers a wide range of products including kurtis, sarees, gowns, maternity wear, co-ord sets and fashion accessories. Rajnandini Fashion India follows a business model that combines in-house manufacturing with outsourcing to maintain flexibility and cost efficiency. Its products are sold through major e-commerce platforms as well as wholesale and retail channels. The company has also expanded its manufacturing capabilities in Surat and Jaipur to improve quality control, faster delivery and better inventory management.
Frequently asked
What is the GMP of Rajnandini Fashion India SME IPO?
The current Grey Market Premium (GMP) of Rajnandini Fashion India SME IPO is ₹ 7.
What is the Kostak Price of Rajnandini Fashion India SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Rajnandini Fashion India SME IPO is not available.
What is the Subject to Sauda Price of Rajnandini Fashion India SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Rajnandini Fashion India SME IPO?
Rajnandini Fashion India SME IPO listed on June 3, 2026 at ₹63, against the issue price of ₹63 — a gain of +0%.
How did the GMP of Rajnandini Fashion India SME IPO trend before listing?
The GMP of Rajnandini Fashion India SME IPO was stable in its final days before listing. The GMP peaked at ₹8 on 25 May 2026. View the day-wise table above for the complete GMP history.
Explore Rajnandini Fashion India SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
