R.K.Fashion Accessories IPO GMP today is Rs 2. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
RKFAL
R.K.Fashion Accessories IPO GMP, Subscription & Allotment Status Today
R.K. Fashion Accessories operates as a Kolkata-based manufacturer and wholesale distributor of fashion jewellery, alongside trading in branded cosmetics. The company produces handcrafted jewellery that blends traditional designs with contemporary styles, utilizing a network of third-party contract manufacturers for its production processes. Its core business centers on distributing these products across multiple channels, including business-to-business wholesale networks, direct-to-consumer retail stores, e-commerce platforms, and a Shop-in-Shop retail model. Revenue is predominantly generated through its wholesale distribution segment, which accounts for the vast majority of its sales. The company maintains a highly concentrated market presence in eastern India, particularly in West Bengal, Odisha, Bihar, and Jharkhand. By strategically combining outsourced manufacturing with a diversified sales and distribution framework, the company caters to varied market segments within the fashion and personal care sectors.
- Price Band
- ₹77.00 - ₹82.00
- Lot Size
- 1,600 Shares
- Bidding Closes
- 07 Oct 2026
- Listing Date
- 12 Oct 2026
Current GMP Status
₹2
+2.44% vs upper band
Est. Listing Gain
-2.44%
Last Trend
12 Oct 2026
Listing Price
₹80.00
Retail Entry
₹2,62,400
IPO Details
Complete IPO information
| Current GMP | ₹2 |
|---|---|
| Estimated Listing Gain | -2.44% |
| Price Band | ₹77.00 - ₹82.00 |
| Issue Price | Approx ₹34.99 Crores |
| Listing Price | ₹80.00 |
| Lot Size | 1,600 Shares |
| Issue Type | SME |
| Registrar | Cameo Corporate Services Ltd. |
| Exchange | NSE SME |
| Retail Quota | TBA |
| Overall Subscription | 2.7x |
| Listing Date | 12 Oct 2026 |
| Minimum Investment | ₹2,62,400 |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 0.43 | 6.10 | 14.11x |
| NII | 16.06 | 28.48 | 1.77x |
| Retail | 24.03 | 74.78 | 3.11x |
| Overall Subscription | 40.53 | 109.36 | 2.70x |
Day-wise demand
R.K.Fashion Accessories IPO subscription status day-wise
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 2 (06 Oct) | 14.11x | 0.62x | 0.01x | 0.4x |
| Day 3 (07 Oct) | 14.11x | 0.5x | 0.15x | 0.44x |
Subscription in times (x) at the end of each bidding day. Today's row updates through the day.
Company data
{R.K.Fashion Accessories}: financials, valuation & listing
Valuation
| Return on equity (ROE) | 48.40% |
|---|---|
| Return on capital employed (ROCE) | 57.74% |
| EBITDA margin | 24.16% |
| PAT margin | 20.71% |
| Debt to equity | [.] |
| EPS | 5.59 (Basic) |
| P/E ratio | N/A |
| Return on net worth | 38.90% |
| NAV per share | 14.37 |
Financial history
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2025 | 17.82 Cr. | 15.02 Cr. | 2.00 Cr. | 16.88 Cr. |
| 2026 | 31.54 Cr. | 23.25 Cr. | 6.29 Cr. | 23.88 Cr. |
| June 2026 | 7.49 Cr. | - | 1.83 Cr. | 28.32 Cr. |
Peer comparison
| Company | Income | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|---|
| Banaras Beads Ltd. | – Cr. | 2.46 | 46.34 | 2.57% | 95.97 |
Use of proceeds
| Purpose | Amount (₹ crore) |
|---|---|
| Funding to meet working capital requirements | 5.21 (14.89%) |
| Establish new plating facility in Baruipur, Kolkata | 8.8 (25.15%) |
| Establish proposed new B2B showroom in Kolkata | 5.37 (15.35%) |
| Complete interiors and furnishings of B2C stores in Kolkata | 2.48 (7.09%) |
| Fund inventory costs for proposed new showroom and stores | 5.6 (16%) |
| General Corporate Purposes | 7.53 (21.52%) |
Key dates
| UPI mandate deadline | 07 Oct 2026 |
|---|---|
| Allotment finalised | 08 Oct 2026 |
| Refund initiation | 09 Oct 2026 |
| Shares credited | 09 Oct 2026 |
| Mandate end date | 22 Oct 2026 |
| Anchor lock-in ends (50%) | 06 Nov 2026 |
| Anchor lock-in ends (remaining) | 05 Jan 2027 |
Grey Market Premium (GMP) data is entirely unofficial and speculative, and is influenced by market sentiment, demand and supply for IPO shares, and market rumors. While GMP can provide an indication of the expected IPO listing price, it may not always be accurate and does not guarantee the actual listing price.
Head-to-head
Compare R.K.Fashion Accessories IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, R.K.Fashion Accessories is priced at ₹82 per share. With a minimum lot size of 1,600 shares, a retail investor applying for one lot would need approximately ₹2,62,400 to participate in this SME issue.
The latest recorded Grey Market Premium for R.K.Fashion Accessories stands at ₹2, implying an estimated listing gain of around 2.44% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, R.K.Fashion Accessories's IPO was subscribed 2.7x overall, with a category-wise breakdown of Retail 3.11x, QIB 14.11x, NII 1.77x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
05 Oct 2026
✓
Bidding Closes
07 Oct 2026
✓
Allotment
08 Oct 2026
✓
Listing
12 Oct 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 12 Oct 2026 | ₹2.00 | - | 2.43% |
| 11 Oct 2026 | ₹2.00 | - | 2.43% |
| 10 Oct 2026 | ₹2.00 | - | 2.43% |
| 09 Oct 2026 | ₹2.00 | - | 2.43% |
| 08 Oct 2026 | ₹2.00 | -₹13.00 | 2.44% |
| 07 Oct 2026 | ₹15.00 | +₹8.00 | 18.29% |
| 06 Oct 2026 | ₹7.00 | +₹7.00 | 8.54% |
| 05 Oct 2026 | ₹0.00 | - | TBA |
| 01 Oct 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 3,200 | ₹2,62,400 |
| Retail Maximum | 2 Lot | 3,200 | ₹2,62,400 |
| S-HNI Minimum | 3 Lot | 4,800 | ₹3,93,600 |
| S-HNI Maximum | 7 Lot | 11,200 | ₹9,18,400 |
| B-HNI Minimum | 8 Lot | 12,800 | ₹10,49,600 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
R.K.Fashion Accessories IPO Details
R.K.Fashion Accessories IPO is a book building issue with an issue size of Approx ₹34.99 Crores. The IPO comprises a fresh issue of Approx ₹34.99 Crores and is proposed to be listed on the NSE SME. The IPO price band is set at ₹77 – ₹82 per equity share.
| Particular | Details |
|---|---|
| IPO Open Date | 05 Oct 2026 |
| IPO Close Date | 07 Oct 2026 |
| IPO Price Band | ₹77 – ₹82 |
| Issue Size | Approx ₹34.99 Crores |
| Fresh Issue | Approx ₹34.99 Crores |
| Issue Type | SME |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Note: The above R.K.Fashion Accessories IPO details are based on the information provided for the issue.
Analysis
R.K. Fashion Accessories IPO Reservation
The R.K. Fashion Accessories IPO share reservation is divided among qualified institutional buyers, non-institutional investors and retail investors. The reservation structure below shows the proposed allocation across the different investor categories.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Note: The number of shares reserved for each category will be updated based on the final IPO offer documents and applicable allocation rules.
Analysis
R.K. Fashion Accessories IPO Anchor Investors
The R.K. Fashion Accessories IPO anchor investor details provide information about the anchor bidding timeline, shares allocated and the applicable lock-in periods. The available anchor allocation information is presented below.
| Particular | Details |
|---|---|
| Anchor Bidding Date | 2026 |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date 50% Shares (90 Days) | 2026 |
Note: Anchor investor allocation, bidding date and lock-in dates are shown as provided and can be updated once the final anchor allocation details are officially available.
Analysis
R.K.Fashion Accessories IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 05 Oct 2026 |
| IPO Close Date | 07 Oct 2026 |
| Basis of Allotment | 08 Oct 2026 |
| Refunds | 09 Oct 2026 |
| Credit to Demat Account | 09 Oct 2026 |
| IPO Listing Date | 12 Oct 2026 |
Note: The timeline for R.K.Fashion Accessories IPO is tentative and subject to change.
Analysis
R.K. Fashion Accessories Promoters and Holding Pattern
The promoters of R.K. Fashion Accessories are Md.Qasim, Mohammed Usman, Mohammed Imran and Md.Aurangzeb. The holding pattern below shows the promoter and promoter group shareholding before and after the IPO, along with the corresponding ownership percentage.
- Md.Qasim
- Mohammed Usman
- Mohammed Imran
- Md.Aurangzeb
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | – | 99.67% | – | 72.26% |
| Others* | – | 0.33% | – | 27.74% |
| Total | 1,12,49,563 | 100% | 1,55,16,763 | 100% |
Note: The shareholding figures and percentages are presented as provided for the R.K. Fashion Accessories IPO.
Analysis
R.K.Fashion Accessories Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Funding to meet working capital requirements | 5.21 (14.89%) |
| Establish new plating facility in Baruipur, Kolkata | 8.8 (25.15%) |
| Establish proposed new B2B showroom in Kolkata | 5.37 (15.35%) |
| Complete interiors and furnishings of B2C stores in Kolkata | 2.48 (7.09%) |
| Fund inventory costs for proposed new showroom and stores | 5.6 (16%) |
| General Corporate Purposes | 7.53 (21.52%) |
Note: Objectives are as specified in the DRHP/RHP documents of R.K.Fashion Accessories.
Analysis
R.K.Fashion About Ipo
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
Analysis
R.K.Fashion Accessories Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2025 | 17.82 Cr. | 15.02 Cr. | 2.00 Cr. | 16.88 Cr. |
| 2026 | 31.54 Cr. | 23.25 Cr. | 6.29 Cr. | 23.88 Cr. |
| June 2026 | 7.49 Cr. | - | 1.83 Cr. | 28.32 Cr. |
Note: Financial numbers for R.K.Fashion Accessories are in ₹ Crores unless stated otherwise.
Analysis
R.K.Fashion Accessories Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 48.40% |
| ROCE | 57.74% |
| EBITDA Margin | 24.16% |
| PAT Margin | 20.71% |
| Debt to Equity Ratio | - |
| Earning Per Share (EPS) | 5.59 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 38.90% |
| Net Asset Value (NAV) | 14.37 |
Note: Valuation KPIs for R.K.Fashion Accessories are computed for FY2026.
Analysis
R.K.Fashion Accessories IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Banaras Beads Ltd. | 2.46 | 46.34 | 2.57% | 95.97 | – Cr. |
Note: Peer group comparisons for R.K.Fashion Accessories are sourced from DRHP filings.
Analysis
R.K. Fashion Accessories IPO Lead Managers aka Merchant Bankers
- Affinity Global Capital Market Pvt.Ltd.
FAQ
R.K.Fashion Accessories IPO FAQs
R.K.Fashion Accessories IPO price band is Rs 77.00 to Rs 82.00. Check the latest issue price, lot size and GMP together before applying.
R.K.Fashion Accessories IPO open date is 05 Oct 2026, close date is 07 Oct 2026, and listing date is 12 Oct 2026.
R.K.Fashion Accessories IPO lot size is 1,600 shares. The minimum retail investment is Rs 2,62,400.
R.K.Fashion Accessories is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
R.K.Fashion Accessories IPO subscription status currently shows Retail 3.11x, QIB 14.11x, NII 1.77x, Overall 2.7x.
R.K. Fashion Accessories operates as a Kolkata-based manufacturer and wholesale distributor of fashion jewellery, alongside trading in branded cosmetics. The company produces handcrafted jewellery that blends traditional designs with contemporary styles, utilizing a network of third-party contract manufacturers for its production processes. Its core business centers on distributing these products across multiple channels, including business-to-business wholesale networks, direct-to-consumer retail stores, e-commerce platforms, and a Shop-in-Shop retail model. Revenue is predominantly generated through its wholesale distribution segment, which accounts for the vast majority of its sales. The company maintains a highly concentrated market presence in eastern India, particularly in West Bengal, Odisha, Bihar, and Jharkhand. By strategically combining outsourced manufacturing with a diversified sales and distribution framework, the company caters to varied market segments within the fashion and personal care sectors.
R.K.Fashion Accessories IPO issue size is TBA and the expected allotment date is 08 Oct 2026.
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