R.K.Fashion IPO
Market Sentiment
IPO Details
IPO Reservation
Market Lot Size
Day-wise Subscription (times subscribed)
Financial Analysis
Financial Data
Financial Performance
| Metric | 2025 | 2026 | June 2026 |
|---|---|---|---|
| Revenue | 17.82 | 31.54 | 7.49 |
| Expense | 15.02 | 23.25 | - |
| Profit (PAT) | 2.00 | 6.29 | 1.83 |
| Total Assets | 16.88 | 23.88 | 28.32 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV |
|---|---|---|---|---|
| Banaras Beads Ltd. | 2.46 | 46.34 | 2.57 | 95.97 |
Promoters & Holding Pattern
Promoters: Md.Qasim, Mohammed Usman, Mohammed Imran and Md.Aurangzeb
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 1,12,11,772 | 99.67% |
| Promoter Holding Post Issue | 1,12,11,772 | 72.26% |
Strengths & Risks
- Strong institutional (QIB) demand — 14.1x.
- Revenue grew 77% in the latest reported year.
- Solid profit margin — 19.9%.
- Strong return on equity — 48%.
- Low leverage — debt/equity of 0.11.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About R.K.Fashion
Founded in March 2010, R.K. Fashion Accessories is one of the leading manufacturers of imitation jewellery and a trader of branded cosmetics. The firm offers traditional and contemporary jewellery products under the brands “City Girl” and “Manikya”. Its product range includes a wide range of jewellery products: bangles, earrings, necklaces, chains, rings, bracelets, mangalsutras, sets, and CZ/AD jewellery for wedding, festive, and daily-wear segments. R.K. Fashion sells its products in 3 main ways: 1) B2B wholesale, 2) E-commerce retailing, and 3) Corporate retail tie-ups, while also expanding its presence in Kolkata. The firm sells its products through 120 shop-in-shop counters and has fulfilled over 10,000 online orders monthly, supported by skilled artisans and third-party manufacturers
Company Contact Information
R.K.Fashion Accessories Ltd., Room No. A-201, 2nd Floor, Bagree Market 71, B. R. B. Basu Road,, Kolkata, West Bengal, 700001
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| To meet the working capital requirements | 1.81 |
| To Finance Establishment of-New plating facility at Baruipur, Kolkata West Bengal | 8.80 |
| To Finance Establishment of-Proposed new B2B showroom in Kolkata | 5.37 |
| To Finance Establishment of-Completion of B2C Stores in Kolkata | 2.48 |
| To Finance Establishment of-Inventory cost for the proposed new showroom and stores | 5.60 |
| General Corporate Purposes | - |
| To meet the offer related expenses | - |
Resources & Documents
R.K.Fashion IPO - Quick Take
R.K.Fashion has set a price band of Rs 77–Rs 82 per share for an issue size of Rs 35 crore. The stock listed with a 2.44% discount versus its issue price on October 12, 2026.
The issue is promoted by Md.Qasim, Mohammed Usman, Mohammed Imran and Md.Aurangzeb with Affinity Global Capital Market Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards to meet the working capital requirements (Rs 2 crore) and to Finance Establishment of-New plating facility at Baruipur, Kolkata West Bengal (Rs 9 crore).
At the upper end of the price band, the issue is priced at a post-issue P/E of 17.41x. On fundamentals, the company is posting revenue growth of 77.0%, a profit margin of 19.9%, return on equity of 48.4% in its most recent reported period. Listed peers in this segment include Banaras Beads Ltd. (P/E 46.34x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
R.K.Fashion IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 1.8%. Of the 47 SME IPOs we have tracked with a final GMP under 10%, 18 listed above, 10 flat and 19 below the issue price; R.K.Fashion listed 2.4% below its issue price.
See the full R.K.Fashion GMP history and trend, or learn how grey market premium works and how reliable it is.
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