Rachit Prints IPO Details

Bookbuilding IPO | ₹20 Cr | Listed at BSE SME | Mon, Sep 1, 2025 - Wed, Sep 3, 2025

Rachit Prints IPO Logo

Rachit Prints IPO is a book build issue of ₹19.50 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹19.50 crore.

Rachit Prints IPO bidding started from Sep 1, 2025 and ended on Sep 3, 2025. The allotment for Rachit Prints IPO was finalized on Sep 4, 2025. The shares got listed on BSE SME on Sep 8, 2025.

Rachit Prints IPO price band is set at ₹149 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,98,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,47,000.

Khambatta Securities Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Prabhat Financial Services Ltd..

Refer to Rachit Prints IPO RHP for detailed Information.

IPO Open

Mon, Sep 1, 2025

IPO Close

Wed, Sep 3, 2025

Issue Price

₹149 per share

Market Cap (Pre-IPO)

₹73.55 Cr

IPO Details

IPO Date1 to 3 Sep, 2025
Listed onMon, Sep 8, 2025
Face Value10 per share
Price Band₹140 to ₹149
Issue Price₹149 per share
Lot Size1,000 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size13,09,000 shares
(agg. up to ₹20 Cr)
Reserved for Market Maker
66,000 shares
(agg. up to ₹0.9834 Cr)
Prabhat Financial Services Ltd.
Fresh Issue
(Ex Market Maker)
12,43,000 shares
(agg. up to ₹19 Cr)
Net Offered to Public12,43,000 shares
(agg. up to ₹19 Cr)
Share Holding Pre Issue36,28,100 shares
Share Holding Post Issue49,37,100 shares
BSE Script Code 544503
ISININE0ZN101029

IPO Timetable

Issue Reservation

Rachit Prints IPO comprises a total issue size of 13,09,000 shares. The net offer to the public is 12,43,000 shares, after excluding 66,000 shares allotted on a firm basis. Of the Net offer 26,000 (2.09%) are allocated to QIB, 6,08,000 (48.91%) allocated to NII 6,09,000 (48.99%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 26,0002.09%1.99%
NII (HNI) Shares Offered 6,08,00048.91%46.45%
  − bNII > ₹10L 4,05,00030.94%
  − sNII < ₹10L 2,03,00015.51%
Retail Shares Offered 6,09,00048.99%46.52%
Firm Reservations
Market Maker Shares Offered 66,0005.04%
Total Shares Offered 13,09,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. 

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 2,000 ₹2,98,000
Individual investors (Retail) (Max) 2 2,000 ₹2,98,000
S-HNI (Min) 3 3,000 ₹4,47,000
S-HNI (Max) 6 6,000 ₹8,94,000
B-HNI (Min) 7 7,000 ₹10,43,000
IPO Subscription Details

About Rachit Prints Ltd.

Incorporated in 2003, Rachit Prints Limited is engaged in the manufacturing of specialty fabrics for the mattress industry.

The company manufactures specialty fabrics for mattresses, including knitted, printed, warp knit, and pillow fabric, along with binding tape. It also trades comforters and bedsheets.

The company follows a B2B model, selling printed and knitted fabrics to customers who resell or produce. It manufactures for brands like Sleepwell, Kurlon Enterprises, and Prime Comfort Products.

Product Portfolio:
  • KINTTED FABRIC: Circular Knitted Fabric Knitted Fabric made by polyester yarns, it is used for home furnishing and mattress.
  • WARP KNIT: In warp knitted fabric the loops interlock vertically along the length of the fabric.
  • PRINTED FABRIC: Polyester printed fabric mattress these are made by employing the advanced printing techniques.
  • FLAME RESISTANT FABRIC: Fibers that naturally resist burning when exposed to flames, whereas flame-retardant fabrics are treated with chemicals to make them resistant to fire, essentially extinguishing any flame that strikes them.
Competitive Strengths:
  • Well experienced Management Team
  • Advanced Knitting Technology
  • Government Incentive
  • Sustained Alliances

Company Financials (Restated Standalone)

Rachit Prints Ltd.'s revenue increased by 13% and profit after tax (PAT) rose by 125% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets26.0919.0223.27
Total Income41.7837.1132.39
Profit After Tax4.562.030.32
EBITDA7.234.272.01
NET Worth12.315.463.43
Reserves and Surplus8.683.551.52
Total Borrowing9.236.3814.79
Amount in ₹ Crore

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 Working Capital Requirement 9.50
2 To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery. 4.40
3 Partial Pre-payment of term loans to bank. 1.32
4 General Corporate Purpose 2.77

Key Performance Indicator (KPI)

KPIMar 31, 2025
ROE51.34%
ROCE29.61%
Debt/Equity0.75
RoNW37.06%
PAT Margin10.94%
EBITDA Margin17.33%
Price to Book Value4.24
Pre IPOPost IPO
EPS (₹)12.579.24
P/E (x)11.8516.12
Promoter Holding92.09%67.69%
Market Cap73.55 Cr.
Mr. Anupam Kansal, Ms. Naina Kansal, and Ms. Rose Kansal are the promoters of the company.
  • 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, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
RPL is engaged in the business of manufacturing knitted and printed fabric for mattress industry. It marked growth in its top and bottom lines for the reported periods. Galloping bottom lines from FY24 onwards raise eyebrows and concern over its sustainability, as it operates in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears aggressively priced. Small paid-up equity capital post-IPO indicates longer gestation period for migration. Only well-informed/cash surplus investors may park moderate funds for medium term.
Read detail review...

Rachit Prints IPO Recommendations

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Rachit Prints IPO Subscription Status (Bidding Detail)

The Rachit Prints IPO is subscribed 1.97 times on September 3, 2025 5:04:35 PM (Day 3). The public issue subscribed 2.74 times in the individual investors category, 1.00 times in the QIB category, and 1.25 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB (Ex Anchor)1.0026,00026,0000
NII*1.256,08,0007,58,0000
    bNII (bids above ₹10L)1.883,39,0006,39,000
    sNII (bids below ₹10L)0.592,03,0001,19,000
Individual Investors2.746,08,00016,66,0000
Total1.9712,42,00024,50,000917

Total Application : 917

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

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Fees payable to Book Running Lead Manager 0.40
2 Underwriting Commission 0.19
3 Fees Payable to Registrar to the Issue 0.01
4 Fees Payable to the legal advisor to the Issuer 0.03
5 Fees Payable Advertising, Marketing Expenses and Printing Expenses 0.65
6 Fees Payable to Regulators including Stock Exchange and other Intermediaries 0.08
7 Fees payable to Peer Review Auditor 0.07
8 Fees Payable to Market Maker (for First Year) 0.03
9 Fees Payable for Industry Report 0.03
10 Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs 0.01
11 Processing fees to Issuer banks for UPI Mechanism w.r.t application Forms procured by the members of the Syndicate, Registered Brokers, RTA or the CDPs and submitted to them 0.01

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price149.00
Open119.20
Low113.25
High119.20
Last Trade113.25

Check IPO Performance…

IPO Registrar

Maashitla Securities Pvt.Ltd.

Contact Details

Rachit Prints Ltd. Address
B-9, 10 & 11,
Udyog Puram, Delhi Road,
Partapur,
Meerut, Uttar Pradesh, 250103
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IPO FAQs

Rachit Prints IPO is a SME IPO of 13,09,000 equity shares of the face value of ₹10 aggregating up to ₹20 Crores. The issue is priced at ₹149 per share. The minimum order quantity is 1000.

The IPO opens on Mon, Sep 1, 2025, and closes on Wed, Sep 3, 2025.

Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Rachit Prints IPO using UPI as a payment gateway. Zerodha customers can apply in Rachit Prints IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Rachit Prints IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Rachit Prints IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Rachit Prints IPO opens on Mon, Sep 1, 2025 and closes on Wed, Sep 3, 2025.

Rachit Prints IPO lot size is 1000, and the minimum amount required for application is ₹2,98,000, with 2 lots being the minimum application size.

You can apply in Rachit Prints 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 Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Rachit Prints IPO will be done on Thursday, September 4, 2025, and the allotted shares will be credited to your demat account by Fri, Sep 5, 2025. Check the Rachit Prints IPO allotment status.

The Rachit Prints IPO listing date is on Mon, Sep 8, 2025.

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