R.K.Fashion Accessories IPO
UPCOMINGSMEUpcoming Issue
₹34.99 Cr
Opens
05 Oct 2026
- Price Band
- ₹77 – ₹82
- Lot Size
- TBA
- Lot Value
- TBA
- Open Date
- 05 Oct05 Oct 2026
- Close Date
- 07 Oct07 Oct 2026
About R.K.Fashion Accessories
Manufactures imitation jewellery through contract manufacturers, trades cosmetics, and operates retail and wholesale distribution channels including online e-commerce platforms.
Use of IPO Proceeds
Total allocation: ₹24.07 Cr (excludes issue expenses)
Promoters
MD Qasim
Promoter cum Managing Director · age 70
Mohammed Usman
Promoter cum Chief Executive Officer · age 42
Mohammed Imran
Promoter
Pre-issue: 0.02%
MD Aurangzeb
Promoter
Pre-issue: 0.02%
Investment Analysis
Quick Analysis: 3 strengths · 6 risk factors· Exchange: NSE SME
Strengths (3)
- •Dual-channel distribution model combining offline and online platforms.
- •Growing wholesale revenue contribution improving operational efficiency.
- •Established online presence through dedicated e-commerce websites and major platforms.
Risk Factors (6)
- •Top ten customers contribute 15-22% of revenues; loss of significant customers could materially harm business and operations.
- •Challenges implementing growth strategies including product diversification may impact competitive position and operational performance.
- •No assured active or sustained trading post-listing; market price of equity shares after listing cannot be guaranteed.
- •Future dividend payments depend on earnings, financial condition, cash flows, and capital expenditure; may retain all earnings.
- •Company subject to Indian legal and regulatory environment differing from other countries, creating uncertainty and compliance risks.
- •Additional risks beyond those described may exist; actual results could materially differ from anticipated forward-looking statements.
✍️ Demand & Risk Analysis
Based on market demand signals — subscription, GMP trend, risk factors
IPO Market Analysis
ANALYSIS PENDINGRating will be available once IPO opens for subscription.
This is algorithmic analysis, not investment advice. Always read the DRHP before investing.
GMP Trend
GMP data will appear a few days before the IPO opens.
Investor Quota
Approx. shares reserved per category
Estimated from total issue size; actual reserved lots are set in the RHP.
Subscription Status
Subscription data will appear once bidding begins.
Weigh your chances
IPO Timeline
Issue Opens
05 Oct 2026 · Mon
Issue Closes
07 Oct 2026 · Wed
Bidding Cut-off (UPI Mandate)
07 Oct 2026 · 5:00 PM IST
Allotment
TBA
Listing
12 Oct 2026 · Mon
Issue Opens
05 Oct 2026 · Mon
Issue Closes
07 Oct 2026 · Wed
Bidding Cut-off (UPI Mandate)
07 Oct 2026 · 5:00 PM IST
Allotment
TBA
Listing
12 Oct 2026 · Mon
IPO Details
| Registrar | — |
| Exchange | NSE SME |
| ISIN | — |
| Face Value | — |
| Issue Size | ₹34.99 Cr |
| Fresh Issue | — |
| OFS Size | — |
| Lead Managers | — |
3-Year Financial Summary
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY26 | — | 6.29 | 5.59 | 14.67 | 38.90% |
| FY25 | — | 2 | 1.78 | 46.19 | 20.35% |
| FY24 | — | 0.95 | 0.84 | 97.33 | 12.12% |
Detailed Line Items (₹ Cr)
| Line Item | FY24 | FY25 | FY26 |
|---|---|---|---|
| EBITDA | 1.29 | 3.03 | 8.52 |
| Net Worth | 7.82 | 9.81 | 16.16 |
From the company's offer document (DRHP/RHP); restated figures where available.
Valuation at Issue Price
Issue P/E
14.7x
Price ÷ EPS
EPS (FY26)
₹6
Earnings per share
RoNW
38.90%
Return on net worth
ROCE
—
Not in abridged DRHP
EBITDA margin
—
EBITDA ÷ revenue
Price/NAV
—
NAV not in abridged DRHP
Check the valuation yourself
Company Fundamentals
12 sections extracted from this filingCapital Structure
| Authorised Capital | — |
| Issued Capital | — |
| Paid-up Capital | ₹11249563.00 Cr |
| Equity Shares (Pre-Issue) | 1,12,49,563 |
| Equity Shares (Post-Issue) | — |
Source: R.K.Fashion Accessories offer document (DRHP/RHP).
Shareholding Pattern
Pre-Issue
Pre-Issue not disclosed in this filing.Not separately disclosed in R.K.Fashion Accessories's filing.
Post-Issue
Post-Issue not disclosed in this filing.Not separately disclosed in R.K.Fashion Accessories's filing.
Source: R.K.Fashion Accessories offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
- QIB+50.00%
- NII / HNI+15.00%
- Retail+35.00%
OFS Selling Shareholders
No offer-for-sale component (or sellers not disclosed).
Source: R.K.Fashion Accessories offer document (DRHP/RHP).
Board & Management
Board of Directors (3)
- MD Qasim₹0.02 Cr p.a.
Chairman cum Managing Director
12th Standard
Over 12 years of experience in the business sector
- Mohammed Imran
Whole Time Executive Director
Bachelor's Degree in Commerce from the University of Calcutta
Associated with the Company since October 3, 2025
- Mohammed Usman₹0.10 Cr p.a.
Director & Chief Executive Officer
Bachelor's Degree in Commerce from University of Calcutta
Associated with the Company since inception; redesignated as CEO on February 25, 2026
Source: R.K.Fashion Accessories offer document (DRHP/RHP).
Industry & Market
Industry figures as stated in R.K.Fashion Accessories's offer document.
Peer Comparison
| Company | P/E | EPS | RoNW % | NAV |
|---|---|---|---|---|
| R. K. Fashion Accessories Limited | — | 5.59 | 38.9 | 14.37 |
| Banaras Beads Ltd. | 46.34 | 2.46 | 2.57 | 95.97 |
Documents
Frequently Asked Questions
When is the R.K.Fashion Accessories IPO opening?
The R.K.Fashion Accessories IPO opens on 05 Oct 2026 and closes on 07 Oct 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the R.K.Fashion Accessories IPO?
The price band for the R.K.Fashion Accessories IPO is ₹77 to ₹82. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the R.K.Fashion Accessories IPO?
The minimum lot size is TBA shares with a minimum investment of not yet announced. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of R.K.Fashion Accessories IPO today?
Grey Market Premium data for R.K.Fashion Accessories is not available yet. It typically starts appearing a few days before the IPO opens.
When will the R.K.Fashion Accessories IPO list on NSE and BSE?
The R.K.Fashion Accessories IPO is expected to list on 12 Oct 2026 on NSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the R.K.Fashion Accessories IPO allotment status?
You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the R.K.Fashion Accessories IPO a mainboard or SME issue?
R.K.Fashion Accessories is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the R.K.Fashion Accessories IPO?
You can apply for the R.K.Fashion Accessories IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA while the issue is open for bidding.
Should I subscribe to R.K.Fashion Accessories IPO?
Based on our algorithmic analysis, R.K.Fashion Accessories IPO is rated UNRATED with low confidence. Rating will be available once subscription and GMP data is collected. This is not investment advice — please read the DRHP and consult a financial advisor before investing.
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