R.K.Fashion Accessories IPO GMP & Allotment
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.
- IPO Price Band
- ₹77.00 - ₹82.00
- Lot Size
- 1,600 Shares
- Bidding Closes
- 07 Oct 2026
- Listing Date
- 12 Oct 2026
R.K.Fashion Accessories IPO GMP Today & Key Takeaways
As of 12 Oct 2026, the latest Grey Market Premium (GMP) for R.K.Fashion Accessories IPO is ₹2, pointing to an estimated listing price of Est. ₹84 (+2.44% expected listing gain over the upper price band of Rs 82.00). Public bidding has closed. The basis of allotment is expected on 08 Oct 2026, ahead of stock exchange listing on 12 Oct 2026.
As of 12 Oct 2026, the latest Grey Market Premium (GMP) for R.K.Fashion Accessories IPO is ₹2, pointing to an estimated listing price of Est. ₹84 (+2.44% expected listing gain over the upper price band of ₹82.00). Bidding has closed. The basis of allotment is expected on 08 Oct 2026, ahead of stock exchange listing on 12 Oct 2026.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹2 | +2.44% vs upper band (12 Oct 2026) |
| Est. Listing Price | Est. ₹84 | +2.44% Est. Listing Gain |
| Price Band | ₹77.00 - ₹82.00 | SME IPO |
| Retail Minimum Investment | ₹2,62,400 | 2 Lot (1,600 Shares) |
| Bidding Window | 05 Oct 2026 – 07 Oct 2026 | Closed |
| Allotment & Listing Dates | Allotment: 08 Oct 2026 | Listing: 12 Oct 2026 |
Complete IPO information
| IPO Open Date | 05 Oct 2026 |
|---|---|
| IPO Close Date | 07 Oct 2026 |
| IPO Price Band | ₹77.00 - ₹82.00 |
| Lot Size | 1,600 Shares |
| Current GMP | ₹2 |
| Estimated Listing Gain | +2.44% |
| Issue Size | Approx ₹34.99 Cr |
| Fresh Issue | Approx ₹34.99 Cr |
| Issue Type | SME |
| IPO Listing | NSE SME |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 2.7x |
| Minimum Investment | ₹2,62,400 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 0.43 | 6.1 | 14.11xx |
| NII | 16.06 | 28.48 | 1.77xx |
| Retail | 24.03 | 74.78 | 3.11xx |
| Overall Subscription | 40.53 | 109.36 | 2.70xx |
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.
Among the strengths highlighted in R.K.Fashion Accessories's IPO documents: Multi-channel distribution network across B2B, B2C, e-commerce, and retail.; Diverse portfolio spanning handcrafted fashion jewellery and branded cosmetics..
Investors should also weigh the risk factors R.K.Fashion Accessories has disclosed, including: 100% reliant on third-party contract manufacturers..
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.
IPO roadmap at a glance
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 05 Oct 2026 | Completed |
| Bidding Closes | 07 Oct 2026 | Completed |
| Allotment | 08 Oct 2026 | Next Milestone |
| Listing | 12 Oct 2026 | Pending |
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 | 2.43% |
| 07 Oct 2026 | ₹15.00 | +₹8.00 | 18.29% |
| 06 Oct 2026 | ₹7.00 | - | 8.54% |
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 |
Objects of the Issue & Official Documents
Important takeaways before applying
Strengths
- Multi-channel distribution network across B2B, B2C, e-commerce, and retail.
- Diverse portfolio spanning handcrafted fashion jewellery and branded cosmetics.
- Expanding scale through upcoming company-owned B2B and B2C showrooms.
- Investing in an in-house plating facility to enhance manufacturing control.
- Strong regional footprint with over 86% of revenue from eastern India.
Risks
- 100% reliant on third-party contract manufacturers.
- Revenue is highly concentrated in Eastern India.
- Changing fashion trends risk inventory obsolescence.
- High inventory and extended receivables strain capital.
- Lacks definitive agreements for proposed new showrooms.
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.
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.
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.
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.
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.
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