Rajnandini Fashion India IPO Subscription Status
Rajnandini Fashion India IPO was subscribed 189.46 times when bidding closed on 29 May 2026: QIB 122.04x, NII 291.27x, Retail 168.63x.
The Rajnandini Fashion India IPO has been subscribed 189.46x times overall. Retail investors have shown interest with bids for 168.63x the shares available. The Non-Institutional Investor (NII) category has been subscribed 291.27x. Within NII, Big HNI (B-HNI) subscribed 491.16x and Small HNI (S-HNI) subscribed 199.64x. Qualified Institutional Buyers (QIBs) have subscribed 122.04x. Data last updated on 25 Aug, 12:54 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 26 May, 2026 and closes on 29 May, 2026. The shares are expected to list on stock exchanges on 03 Jun, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 6,68,78,000 of 5,48,000 | 122.04x |
| NII | 16,31,10,000 of 5,60,000 | 291.27x |
| Retail | 16,25,64,000 of 9,64,000 | 168.63x |
| TOTAL | 39,25,52,000 | 189.46x |
Application-wise breakup (estimated)
Approximate application counts — the exchanges don't publish these during bidding. Estimated from shares bid using the typical application size seen in recent IPOs' Basis of Allotment data. Final counts appear here once the Basis of Allotment is out.
| Category | Est. Applied | Times | |
|---|---|---|---|
| Retail max 451 | 40,152 | 89.03x | |
| sNII (₹2–10 L) max 32 | 4,271 | 133.47x | |
| bNII (₹10 L+) max 16 | 7,865 | 491.56x | |
| TOTAL (EST.) | 52,288 |
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 169 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 122.04x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 4-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
29 May 2026
Day 4 |
189.46x | ▼ | |
|
QIB122.04x
NII291.27x
Retail168.63x
|
|||
|
28 May 2026
Day 3 |
6.55x | ▼ | |
|
QIB3.51x
NII8.42x
Retail7.18x
|
|||
|
27 May 2026
Day 2 |
6.55x | ▼ | |
|
QIB3.51x
NII8.42x
Retail7.18x
|
|||
|
26 May 2026
Day 1 |
1.58x | ▼ | |
|
QIB3.51x
NII1.59x
Retail0.46x
|
|||
Rajnandini Fashion India SME IPO dates
From the bidding window 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 IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Rajnandini Fashion India IPO?
As of IPO close date (29 May, 2026), the Rajnandini Fashion India IPO is subscribed 189.46x times. Retail category is 168.63x, and NII is 291.27x subscribed.
When is the allotment date for Rajnandini Fashion India IPO?
The allotment for Rajnandini Fashion India IPO is expected to be finalized on 01 June, 2026.
What is the GMP of Rajnandini Fashion India?
The Grey Market Premium (GMP) for Rajnandini Fashion India is currently ₹7, indicating a potential listing gain of 11%.
When will Rajnandini Fashion India IPO list on the stock market?
Rajnandini Fashion India is scheduled to list on BSE and NSE on 03 June, 2026.
What are the chances of getting allotment in Rajnandini Fashion India IPO?
The retail category is oversubscribed at 168.63x, meaning allotment is by lottery. Statistically, approximately 1 in 169 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 122.04x mean for Rajnandini Fashion India IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 122.04x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Rajnandini Fashion India IPO allotment status?
After the allotment date (01 Jun, 2026), you can check your Rajnandini Fashion India IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Rajnandini Fashion India SME IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
