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R.K.Fashion Accessories SME IPO Review

R.K.Fashion Accessories SME IPO has been reviewed by 1 analyst, and the overall consensus is May Apply — carrying a score of 60. Out of the 1 analysts who have covered this IPO, 0 recommend subscribing while 1 advises caution or avoidance — reflecting a mixed view from the analyst community.

The issue is priced in the band of ₹77-82 per share, with a minimum application size of 1600 shares (minimum investment of approximately ₹131,200 at the upper band). Subscription ran from 05 Oct 2026 to 07 Oct 2026. The issue size is ₹35 crore, entirely a fresh issue. As of now, the grey market premium (GMP) for R.K.Fashion Accessories SME IPO is quoting at ₹1.5 (1.83%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
60/ 100
May Apply 0 of 1 recommend subscribing
How analysts voted
May apply 1
Not rated 1

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

Incorporated in 2010, R.K. Fashion Accessories wholesales imitation jewellery and trades branded cosmetics, with production through contract manufacturers and sales across B2B, B2C and e-commerce channels. The single note tracks revenue of Rs 31.54 crore and profit of Rs 6.29 crore in FY26, a three year revenue CAGR above 50 percent. Coverage is thin at one note, which gave no rating.

Listing gains

At the upper band of Rs 82 the note puts the issue at a post-issue P/E of 20.24 times and P/B of 5.71 times, versus 14.67 times pre-issue. It cites one listed peer near 44 times earnings. The note calls the earnings based pricing moderate but the premium to book high, pointing to a moderate listing. One source is a limited basis here.

Short-term strategy

Proceeds go to working capital, an in-house electroplating facility at Baruipur, a new B2B showroom and B2C stores in Kolkata. The note flags negative operating cash flows across FY24, FY26 and the June 2026 quarter, with collection days stretching from 16 to 55 and inventory turnover falling from 11.12 to 4.70 times. Borrowings stay low at Rs 1.70 crore. The note offers no near term stance.

Long-term strategy

The note credits handcrafted designs, a multi-channel reach and in-house plating that should cut reliance on third-party processing, with RoE of 48.40 percent and ROCE of 57.78 percent in FY26. Against this it sets raw material price risk in copper and gold, and heavy working capital needs. With one note and no rating, the long-term case rests on funding that growth without straining cash.

How this is written: an AI-assisted summary of the 2 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Analyst Verdict Report
Not Rated PDF
May Apply PDF

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for R.K.Fashion Accessories SME IPO?

The analyst consensus for R.K.Fashion Accessories SME IPO tracked on this page is May Apply, with a score of 60/100. Out of 1 analyst who have reviewed this IPO, 0 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 60 mean for R.K.Fashion Accessories SME IPO?

The score of 60 is an aggregate of all analyst ratings tracked for R.K.Fashion Accessories SME IPO. A score in this range reflects mixed views — some analysts are positive while others are cautious. Read the individual analyst verdicts above for more context.

What was the actual listing price of R.K.Fashion Accessories SME IPO?

R.K.Fashion Accessories SME IPO listed on October 12, 2026 at ₹80, against the issue price of ₹82 — a loss of -2.44% (₹2 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of R.K.Fashion Accessories SME IPO?

R.K.Fashion Accessories SME IPO was priced at ₹77-82 per share. The minimum lot size is 1600 shares, making the minimum investment approximately ₹131,200 at the upper end of the price band. Subscription ran from 05 Oct 2026 to 07 Oct 2026.

Explore R.K.Fashion Accessories SME IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

R.K.Fashion Accessories SME IPO review

A verdict is an opinion, not a guarantee.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
May Apply
Score
60 / 100
Listed at
₹80
Full IPO details