R.K. Fashion Accessories IPO Latest Update
R.K. Fashion Accessories is preparing to launch its SME IPO on October 5, 2026. The issue will remain open for three days and close on October 7. The company plans to raise up to ₹34.99 crore through a fresh issue of 42.67 lakh equity shares in the price band of ₹77 to ₹82 per share. The company is proposed to be listed on the NSE SME platform.
The latest available GMP data shows ₹0, meaning no unofficial premium is currently being reported in the grey market. GMP can change before listing and should be treated only as an unofficial market indicator.
R.K. Fashion Accessories IPO Details
| Particular | Details |
|---|---|
| IPO Open Date | October 5, 2026 |
| IPO Close Date | October 7, 2026 |
| Price Band | ₹77 – ₹82 |
| Issue Size | ₹34.99 Cr |
| Issue Type | Fresh Issue |
| Shares Offered | 42.67 Lakh |
| Face Value | ₹10 |
| Lot Size | 1,600 Shares |
| Retail Minimum Bid | 3,200 Shares |
| Minimum Investment | ₹2.62 Lakh |
| Allotment Date | October 8, 2026 |
| Refund/Demat | October 9, 2026 |
| Listing Date | October 12, 2026 |
| Listing Platform | NSE SME |
| Registrar | Cameo Corporate Services |
The IPO has no offer-for-sale component according to the current issue information. A portion of the issue is reserved for market makers, while the remaining shares are distributed among QIB, NII and retail investors.
R.K. Fashion Accessories IPO GMP Today
The current grey-market update puts R.K. Fashion Accessories IPO GMP at ₹0. At the upper price band of ₹82, this indicates no unofficial premium over the issue price at the latest reported level.
| Particular | Latest Update |
|---|---|
| Upper Price Band | ₹82 |
| Current GMP | ₹0 |
| Indicative Price | ₹82 |
| Indicative GMP | 0% |
| GMP Status | No Premium Reported |
The grey market is unofficial and does not guarantee the actual listing price.
What Does R.K. Fashion Accessories Do?
R.K. Fashion Accessories is a Kolkata-based fashion and personal-care products company involved mainly in imitation jewellery and branded cosmetics. The company works with contract manufacturers for jewellery production and sells products through wholesale, e-commerce and corporate retail channels.
Its jewellery portfolio includes traditional and contemporary designs, including gold-plated, stone-studded and American Diamond jewellery. Products are marketed under brands such as City Girl and Manikya.
The company also operates around 120 shop-in-shop counters through retail partnerships and has an online sales presence.
R.K. Fashion Accessories Business
| Particular | Details |
|---|---|
| Main Business | Imitation Jewellery & Cosmetics |
| Headquarters | Kolkata |
| Jewellery Brands | City Girl & Manikya |
| Manufacturing Model | Contract Manufacturing |
| Main Channels | Wholesale, E-commerce & Retail |
| Shop-in-Shop Counters | Around 120 |
| IPO Segment | SME |
The company's FY2026 revenue was predominantly generated through its wholesale business, while shop-in-shop and e-commerce channels provided additional sales avenues.
R.K. Fashion Accessories Financial Performance
R.K. Fashion Accessories recorded significant growth in FY2026. Total income increased to ₹31.54 crore from ₹17.82 crore in FY2025, while profit after tax rose to ₹6.29 crore from ₹2 crore.
| Particular | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Total Income | ₹14.46 Cr | ₹17.82 Cr | ₹31.54 Cr |
| Revenue from Operations | ₹13.28 Cr | ₹17.77 Cr | ₹30.36 Cr |
| PAT | ₹0.95 Cr | ₹2.00 Cr | ₹6.29 Cr |
| Net Worth | ₹7.82 Cr | ₹9.81 Cr | ₹16.16 Cr |
| Borrowings | ₹0.61 Cr | ₹0.61 Cr | ₹1.70 Cr |
The financial figures show a substantial increase in both revenue and profitability over the three-year period.
R.K. Fashion Accessories IPO Fund Utilisation
The fresh capital raised through the IPO will support the company's stated business requirements and expansion plans. Investors should refer to the company's offer documents for the final allocation of proceeds between the identified objectives.
The company is also operating an asset-light model through contract manufacturing, which limits the need to own extensive jewellery manufacturing infrastructure.
R.K. Fashion Accessories Growth Plans
The company is expanding its presence across wholesale distribution, online sales and organised retail partnerships. Its shop-in-shop network provides access to customers through established retail chains, while e-commerce allows the company to reach consumers directly.
The company also states that it introduces new jewellery collections regularly based on market trends, customer preferences and regional demand. Its online business recorded more than 63,000 orders during FY2026, according to available IPO information.
Key Risks to Track
R.K. Fashion Accessories operates in a competitive fashion-jewellery market where customer preferences and product trends can change quickly. The business also depends on contract manufacturers and suppliers for product availability and quality.
Wholesale sales form a significant part of the company's revenue, making customer concentration and distribution relationships important factors. Raw-material prices, inventory management, competition and consumer demand can also affect margins and profitability.
As an SME IPO, investors should also consider the trading liquidity and market-size characteristics of SME-listed shares.
R.K. Fashion Accessories IPO Timeline
| Particular | Date |
|---|---|
| IPO Opening | October 5, 2026 |
| IPO Closing | October 7, 2026 |
| Basis of Allotment | October 8, 2026 |
| Refund Initiation | October 9, 2026 |
| Demat Credit | October 9, 2026 |
| Expected Listing | October 12, 2026 |
R.K. Fashion Accessories IPO will open on October 5. Investors will be watching the subscription response across QIB, NII and retail categories once bidding begins, along with any movement in the unofficial grey market.
Note: GMP is an unofficial indicator and is not a guaranteed listing price. Investors should review the company's financials, business model, valuation, risks and official IPO documents before making an investment decision.
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