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IPO Open

Mon, Oct 5, 2026

IPO Close

Wed, Oct 7, 2026

Price Band

₹77 to ₹82

Market Cap*

₹127.24 Cr * on Upper Price

IPO Details

IPO Date 5 to 7 Oct, 2026
Listing Date Mon, Oct 12, 2026T
Face Value ₹10 per share
Price Band ₹77 to ₹82
Lot Size 1,600 Shares
Sale Type Fresh capital only
Issue Type Bookbuilding IPO
Listing At NSE SME
Total Issue Size 42,67,200 shares
(agg. up to ₹35 Cr)
Reserved for Market Maker
2,14,400 shares
(agg. up to ₹2 Cr)

Anant Securities

Fresh Issue
(Ex Market Maker)
40,52,800 shares
(agg. up to ₹33 Cr)
Net Offered to Public 40,52,800 shares
(agg. up to ₹33 Cr)
Share Holding Pre Issue 1,12,49,563 shares
Share Holding Post Issue 1,55,16,763 shares

    IPO Timetable (Tentative)

  • IPO Open
    Mon, Oct 5, 2026
  • Allotment
    Thu, Oct 8, 2026
  • Credit of Shares
    Fri, Oct 9, 2026
  • IPO Close
    Wed, Oct 7, 2026
  • Refund
    Fri, Oct 9, 2026
  • Listing
    Mon, Oct 12, 2026

Issue Reservation

R.K.Fashion Accessories IPO comprises a total issue size of 42,67,200 shares. The net offer to the public is 40,52,800 shares, after excluding 2,14,400 shares allotted on a firm basis. Of the Net offer 43,200 (1.07%) are allocated to QIB, 16,06,400 (39.64%) allocated to NII 24,03,200 (59.30%) allocated to RII.

Investor Category Shares % of Net Issue % of Total Issue
QIB 43,200 1.07% 1.01%
NII (HNI) 16,06,400 39.64% 37.65%
  − bNII > ₹10L 10,70,400 25.08%
  − sNII < ₹10L 5,36,000 12.56%
Retail 24,03,200 59.30% 56.32%
Firm Reservations
Market Maker 2,14,400 5.02%
Total 42,67,200 100.00% 100.00%

IPO Lot Size

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.

Application Lots Shares Amount
Individual investors (IND) (Min) 2 3200 ₹2,62,400
Individual investors (IND) (Max) 2 3200 ₹2,62,400
S-HNI (Min) 3 4800 ₹3,93,600
S-HNI (Max) 7 11200 ₹9,18,400
B-HNI (Min) 8 12800 ₹10,49,600

About R.K.Fashion Accessories Ltd.

Incorporated in March 2010, R.K. Fashion Accessories Limited is engaged in the manufacturing through contract manufacturers and wholesale distribution of imitation jewellery, along with the trading of branded cosmetics. Its product portfolio comprises handcrafted imitation jewellery incorporating traditional designs with contemporary styles, catering to various segments through wholesale and direct sales channels. The Company operates with a focus on the B2B and B2C segments, supplying its products through wholesale channels while expanding its direct presence among individual consumers. It has also adopted a multi-platform e-commerce strategy and has established corporate tie-ups to support its sales and customer base. The Company has purchased a property on Rash Behari Avenue, Kolkata, which is currently under construction and is intended to strengthen its retail presence and expand its B2C customer base in Kolkata, particularly in areas with relatively lower concentration of its existing B2B customers.

The Company focuses on product quality through multi-stage inspection and quality control processes and maintains relationships with its customers through its B2B operations. Its business model combines traditional jewellery designs with contemporary styles while expanding its sales reach through wholesale, retail and online channels. The Company also aims to diversify its customer base through greater penetration of the B2C segment.

As of June 30, 2026, the Company had 50 permanent employees, including directors and key managerial personnel, supported by contractual labour engaged according to business requirements and high-volume orders. Its workforce comprises personnel across operations, management, finance, marketing, design, sales, customer service, packaging, quality control and human resources.

Competitive Strengths

  • Strategic corporate tie-ups.
  • Growing B2C and retail presence.
  • Multi-platform e-commerce strategy.
  • Established B2B customer relationships.
  • Multi-stage quality inspection and product reliability.
  • Blend of traditional and contemporary jewellery designs.
  • Diversified sales channels across wholesale, retail and online platforms.

Company Financials (Restated)

R.K.Fashion Accessories Ltd.’s revenue increased by 77% and profit after tax (PAT) rose by 215% between the financial year ending with March 31, 2026 and March 31, 2025.     (Amount in ₹ Crore)

Period Ended 30 Jun 2026 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 28.32 23.88 16.88 11.70
Total Income 7.49 31.54 17.82 14.46
Profit After Tax 1.83 6.29 2.00 0.95
EBITDA 2.55 7.34 2.98 0.11
NET Worth 17.99 16.16 9.81 7.82
Reserves and Surplus 6.74 4.91 9.16 7.16
Total Borrowing 3.06 1.70 0.61 0.61

Note:-

Operating EBITDA is provided in the financial statements.

Recently Listed IPOs in Gems, Jewellery And Watches

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
SMR Jewels Ltd. SME ₹63.74 Cr ₹128 18.01 ₹103.05 -19.49% ₹93.05
Yaashvi Jewellers Ltd. SME ₹43.88 Cr ₹83 5.6 ₹87.05 +4.88% ₹77.38
Grover Jewells Ltd. SME ₹33.83 Cr ₹88 12.31 ₹100.80 +14.55% ₹464.00

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 To meet the working capital requirements
    5.21
  • 2 To Finance Establishment of-New plating facility at Baruipur, Kolkata West Bengal
    8.80
  • 3 To Finance Establishment of-Proposed new B2B showroom in Kolkata
    5.37
  • 4 To Finance Establishment of-Completion of B2C Stores in Kolkata
    2.48
  • 5 To Finance Establishment of-Inventory cost for the proposed new showroom and stores
    5.60
  • 3 General Corporate Purposes
  • Total
    27.47

Key Performance Indicator (KPI)

KPI Jun 30, 2026 Mar 31, 2026
ROE 10.71% 48.40%
ROCE 12.56% 57.74%
Debt/Equity 0.17 0.11
RoNW 40.66% 38.90%
PAT Margin 24.40% 20.71%
EBITDA Margin 34.08% 24.16%
NAV 15.99 14.37
P/B (x) 5.13 5.71

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 5.59 4.71
P/E (x) 14.67 17.41
Market Cap at Offer Price ₹92.25 Cr. ₹127.24 Cr
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of June 30, 2026 available in RHP.

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 99.67% 72.26%
Public 0.33% 27.74%
Total 100% 100%

Company Promoters: Md.Qasim, Mohammed Usman, Mohammed Imran and Md.Aurangzeb.

R.K.Fashion Accessories IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 0 0 0 0
Members 0 0 0 0

IPO Subscription Status

The R.K.Fashion Accessories IPO is subscribed 0.00 times on October 5, 2026 10:35:01 AM (Day 1). The public issue subscribed 0.01 times in the individual investors category, 0.00 times in the QIB category, and 0.00 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for Total Applications
QIB (Ex Anchor) 0.00 43,200 0 0
NII* 0.00 16,06,400 0 0
    bNII (> ₹10L) 0.00 10,70,400 0
    sNII (< ₹10L) 0.00 5,36,000 0
Individual Investor 0.01 24,03,200 16,000 5
Total 0.00 40,52,800 16,000 5

Total Applications: 5

*Market Maker portion is not included to NII/HNI.

IPO Registrar

Cameo Corporate Services Ltd.

  • 044-28460390/28460391/28460392
  • investor@cameoindia.com
  • Visit Website

IPO Lead Manager(s)

  1. Affinity Global Capital Market Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

R.K.Fashion Accessories Ltd. Address
Room No. A-201
2nd Floor, Bagree Market 71
B. R. B. Basu Road,
Kolkata, West Bengal, 700001

IPO FAQs

R.K.Fashion Accessories IPO is a SME IPO of 42,67,200 equity shares of the face value of ₹10 aggregating up to ₹35 Crores. The issue is priced at ₹77 to ₹82. The minimum order quantity is 1600.

The IPO opens on Mon, Oct 5, 2026, and closes on Wed, Oct 7, 2026.

Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Angel One customers can apply online in R.K.Fashion Accessories IPO using UPI as a payment gateway. Angel One customers can apply in R.K.Fashion Accessories IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in R.K.Fashion Accessories IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘R.K.Fashion Accessories IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The R.K.Fashion Accessories IPO opens on Mon, Oct 5, 2026 and closes on Wed, Oct 7, 2026.

R.K.Fashion Accessories IPO lot size is 1600, and the minimum amount required for application is ₹2,62,400, with 2 lots being the minimum application size.

You can apply in R.K.Fashion Accessories IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for R.K.Fashion Accessories IPO will be done on Thursday, October 8, 2026, and the allotted shares will be credited to your demat account by Fri, Oct 9, 2026. Check the R.K.Fashion Accessories IPO allotment status.

The R.K.Fashion Accessories IPO listing date is not yet announced. The tentative date of listing is Mon, Oct 12, 2026.

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