Rajnandini Fashion IPO
Apparel & Ethnic Fashion - Listed on 03 June 2026
Rajnandini Fashion IPO listing summary
Rajnandini Fashion (Apparel & Ethnic Fashion) closed its IPO window in 2026 and listed on NSE and BSE on 03 June 2026 at an upper band issue price of Rs 63, opening at Rs 63 for a listing gain of 0.0% and closing day one at Rs 60.57 (-3.9% on closing basis). The IPO was subscribed 284.87x overall - QIB 161.54x, HNI/NII 393.99x, Retail 168.63x. The total issue size was Rs 18.21 Cr (Fresh Issue Rs 18.21 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Rajnandini Fashion IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 0 | 0.00% |
| Day 2 | Rs 10 | +15.87% |
| Day 3 | Rs 8 | +12.70% |
| Day 4 | Rs 10 | +15.87% |
| Day 5 | Rs 8 | +12.70% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Rajnandini Fashion IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Rajnandini Fashion IPO - FAQs
What was the listing gain of Rajnandini Fashion IPO?
Rajnandini Fashion IPO listed at 0.0% versus the upper issue price of Rs 63 on 03 June 2026.
How many times was Rajnandini Fashion IPO subscribed?
Rajnandini Fashion IPO was subscribed 284.87x overall. QIB portion was subscribed 161.54x, HNI / NII 393.99x and Retail 168.63x.
What was the IPO GMP for Rajnandini Fashion?
IPO GMP started at Rs 0 on Day 1 and moved to Rs 8 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.