₹1,49,000 / 1000 shares
Rachit Prints IPO Details
RHP/DRHPIssue Date
01 Sep - 3 Sep'25
Investment/lot
₹1,49,000
Price Range
₹140 - ₹149
Lot Size
1000
IPO Size
₹19.49 Cr
IPO Listing Details
Listing On
8 Sep'25
Issue Price
₹149
Listed Price
₹ 119.2
Retail Gain/Listing Gain
▼-20.00%
Schedule of Rachit Prints
Start date
01/09/2025
End date
03/09/2025
Allotment of bids
04/09/2025
Refund Initiation
Listing on exchange
08/09/2025
Rachit Prints IPO Subscription Status
(Last updated on 03 Sep 2025 04:45 PM)
| Day | Total | QIB | Retail | NII |
|---|---|---|---|---|
Day 1 | 0.49x | 0x | 0.43x | 0.63x |
Day 2 | 0.37x | 0x | 0.59x | 0.19x |
Day 3 | 1.05x | 1x | 1.7x | 0.53x |
Subscription Rate
| Category | Subscription Rate |
|---|---|
Non-Institutional (HNI) | 1.35x |
Retail | 2.73x |
Qualified Institutions | 1x |
Total Subscription | 1.92x |
Rachit Prints IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
HNI (Min) | 2 | 2000 | ₹2,98,000 |
About Rachit Prints IPO
The offer consists of a fresh issue component. The fresh issue will include up to 13,08,000 equity shares aggregating to ₹19.49 crore. The market marker portion consists of up to 66,000 shares aggregating up to ₹0.9834 crores. The total number of shares is 13,08,000 and the aggregate amount is ₹19.49 crore.
The Rachit Prints IPO opens on Sept 1, 2025 and closes on Sept 3, 2025. The allotment date is Sept 04, 2025. The listing of shares will take place on Sept 8, 2025. The credit of shares to the demat account will take place on Sept 5, 2025. The initiation of refunds will take place on Sept 5, 2025.
Rachit Prints Limited was established in the year 2003 and is engaged in the business of manufacturing knitted and printed fabric for the mattress industry. They distribute their products through an offline model and have developed a sustainable business model over the period. They manufacture and sell their products in states like Assam, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Punjab, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal.
Objectives of Rachit Prints IPO
- To meet the working capital requirements of the company.
- To fund the expansion plan of the company, i.e., capital expenditure towards the purchase of plant and machinery.
- Partial pre-payment of term loans to banks.
- General corporate purpose.
Rachit Prints IPO Valuation
| Detail | Information |
|---|---|
Upper Price Band | ₹149 |
Fresh Issue | Up to 12,42,000 equity shares aggregating to ₹18.51 crores |
Offer for Sale | - |
EPS (in ₹) for FY25 | 13.03 |
Share Offer and Subscription Details
| Investor Category | Shares Offered |
|---|---|
QIBs | Not more than 50% of the net offer |
Non-institutional Investors (NIIs) | Not less than 15% of the net offer |
Retail-individual Investors (RIIs) | Not less than 35% of the net offer |
Industry Outlook
The Indian home textile market has exhibited notable growth in recent years, with the market size estimated at USD 970 crore in 2023 and expected to increase to USD 1,050 crore in 2024, marking a growth rate of approximately 9%. This rapid expansion has drawn the interest of foreign brands, many of which have entered the Indian market through direct investments or joint ventures, eager to capture a share of this thriving industry. The sector’s growth is driven by multiple factors, including rising household incomes, an increasing population, enhanced income levels, and a well-established network of organised retail channels, which have improved accessibility for consumers.
Company Information
Rachit Prints Limited is engaged in the manufacturing of speciality fabric tailored for mattresses, such as knitted fabric, printed fabric, warp knit, pillow fabric, binding tape, and trading of comforters and bedsheets. Their production process begins with yarn procurement and encompasses in-house weaving, designing, printing, and finishing, resulting in knitted and printed fabrics crafted to meet their clients' customised specifications. Specialising in knitted fabrics, printed fabrics, and warp knit, they source yarn and chemicals to produce specialised textiles. The company is specialised in converting yarn into fabric through knitting of fabrics and printing.
Their raw materials are ‘cotton yarn’, ‘viscose’, ‘spun’, ‘filament’, and ‘dyed yarn’ procured from Delhi and Haryana, from which they produce fabric. They primarily follow a B2B (business-to-business) model for their products. Their customers buy the printed fabric and knitted fabric from them in order to further sell or produce. They produce their products for leading brands like Sleepwell, Kurlon Enterprise Limited, and Prime Comfort Products Private Limited.
Their manufacturing facility is well-equipped with Indian, German, and Chinese machinery, and other handling equipment to facilitate a smooth manufacturing process and easy logistics. They endeavour to maintain safety on their premises by adhering to key safety norms.
Strengths of Rachit Prints IPO
- Well experienced Management Team: Their promoter, Mr. Anupam Kansal, has more than three decades of experience in the textile and apparel industry, and their promoter, Ms. Naina Kansal, has two decades of experience in the line of manufacturing speciality fabric for the textile industry that equips her with the necessary knowledge and skills to contribute effectively to the strategic decision-making processes within the company.
- Advanced Knitting Technology: They have a set of automatic machinery for printing and dyeing, and also a set of imported German and Chinese machinery for circular knitting.
- Government Incentive: They are located in the state of Uttar Pradesh and enjoy the benefits of subsidies under the “Amended Technology Upgradation Fund Scheme” (“ATUFS”) provided by the Government of India and Ministry of Textiles towards capital investment subsidy.
- Sustained Alliances: They focus on building sustained and long-term relationships with their clients as well as suppliers.
Risks of Rachit Prints IPO
- Dependence on a small number of customers for sales, and the loss of which may affect their revenues and profitability.
- Dependence on a small number of suppliers for the purchase of raw material.
- Their manufacturing unit is located at Meerut, Uttar Pradesh, which exposes them to risks of concentration.
- They regularly work with flammable materials and activities in their operations, which can be dangerous and could cause injuries to people or property.
- Dependence on third-party transportation providers for the supply of raw materials and delivery of their finished products.
- The company has had negative cash flows in the past. If they have negative cash flows in the future, their business will be impacted.
All Financial Information about Rachit Prints IPO
Registrar: Maashitla Securities Private Limited Book Running Lead Managers: Khambatta Securities Limited
Business Model
The company earns its revenue through manufacturing of speciality fabric tailored for mattresses, such as knitted fabric, printed fabric, warp knit, pillow fabric, binding tape, and trading of comforters and bedsheets.
Company Growth Trajectory
Rachit Prints Limited’s revenue from operations increased by ₹4.62 crore or 12.46% to ₹41.70 crore for the fiscal 2025 as compared to ₹37.08 crore for fiscal 2024. This is primarily due to an increase in demand in the domestic market.
As per the restated standalone financial statements, their Profit After Tax (PAT) increased by ₹2.53 crore to ₹4.56 crore for fiscal 2025 as compared to ₹2.03 crore for fiscal 2024.
Their EBITDA increased by ₹2.96 crore, or 69.22%, to ₹7.23 crore for fiscal 2025 from ₹4.27 crore for fiscal 2024.
Company Market Position
Rachit Prints Limited manufactures and sells their products in states like Assam, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Punjab, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal.
As of 31st March, 2025, the company’s Total Income, Profit After Tax, and EBITDA stood at ₹41.784 crores, ₹4.562 crores, and ₹ 7.228 crores, respectively.
Rachit Prints IPO Profit and Loss
| parameter | FY25 | FY24 | FY23 |
|---|---|---|---|
Total Income (in ₹crores) | 41.784 | 37.111 | 32.387 |
Profit Before Tax (in ₹crores) | 6.090 | 2.742 | 0.358 |
Profit After Tax (in ₹crores) | 4.562 | 2.030 | 0.323 |
EPS (Basic) ₹ | 13.03 | 6.07 | 0.97 |
EBITDA (in ₹crores) | 7.228 | 4.272 | 2.008 |
Rachit Prints IPO Balance Sheet
| Parameter | FY25 | FY24 | FY23 |
|---|---|---|---|
Profit Before Tax (in ₹crores) | 6.090 | 2.742 | 0.358 |
Net Cash from Operating Activities (₹crores) | 0.460 | 9.187 | (1.370) |
Net Cash from Investing Activities (₹crores) | (4.846) | (0.341) | (2.096) |
Net Cash from Financing Activities (₹crores) | 4.764 | (9.007) | 2.272 |
Net Cash & Cash Equivalents (₹crores) | 0.420 | 0.042 | 0.204 |
How to check allotment status of Rachit Prints IPO?
1. Visit the Registrar's Website
To check the IPO allotment status for Rachit Prints Limited IPO, visit the official website of Maashitla Securities Private Limited, the registrar for this IPO. On their IPO allotment status page, enter your Permanent Account Number (PAN), application number, or Demat account ID. Then, click the ‘Submit’ button to view your allotment status. Ensure you have the necessary details ready for a quick and accurate check.
2. Check on the Bombay Stock Exchange Website
The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the 'Investors' tab. Under 'Investors', click on 'IPO'. This will take you to the IPO allotment status page.
On the BSE IPO page, follow these steps
- Select 'Equity' from the dropdown menu
- Choose 'Rachit Prints Limited' in the next dropdown
- Enter your application number
- Enter your PAN
- Click 'Search'
Your Rachit Prints Limited IPO allotment status will be displayed.
3. Verify on the National Stock Exchange Website
The National Stock Exchange (NSE) has an IPO Bid Verification module. Use this to check Rachit Prints Limited IPO allotment status.
Go to the NSE website and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'.
On the NSE IPO Bid Verification page, enter:
- Application number
- PAN
Then click 'Submit'. Your Rachit Prints Limited IPO bid and allotment details will be displayed.
How to apply for Rachit Prints IPO?
- Step 1: Log in to your Kotak Securities Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
- Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
- Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
- Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI-prescribed Combined Risk Disclosure Document before investing. Brokerage will not exceed SEBI’s prescribed limit.
Rachit Prints IPO FAQs
When is Rachit Prints IPO allotment?
Rachit Prints IPO will be allotted on 2025-09-04.
When is Rachit Prints IPO listing date?
Rachit Prints will list on 2025-09-08.
What is the issue size of Rachit Prints IPO?
19.49 is the issue size of Rachit Prints IPO.
What is the minimum lot size required for Rachit Prints IPO?
The minimum lot size is 1000 shares and the investment required is ₹149000.
What is the price band of the Rachit Prints IPO?
The price band of Rachit Prints IPO is ₹140 to ₹149.
Where can I read more about Rachit Prints business?
You can read more about Rachit Prints and its IPO from the company’s red herring prospectus (RHP) here.
What is the Rachit Prints Limited IPO?
Rachit Prints Limited's IPO consists of a fresh issue of up to 13,08,000 equity shares aggregating to ₹19.49 crore. The total offer size is up to 13,08,000 equity shares aggregating to ₹19.49 crore as well.
Is Rachit Prints Limited IPO coming?
Yes, Rachit Prints Limited is expected to come up with its IPO on 01 September 2025.
Who is the Chairman of Rachit Prints Limited ?
Anupam Kansal is the Chairman of Rachit Prints Limited.
What is the lot size of shares of Rachit Prints Limited IPO?
1,000 shares is the lot size of shares of Rachit Prints Limited.
From where can I read more about the IPO of Rachit Prints Limited?
You may read more about Rachit Prints Limited and its IPO from the company’s red herring prospectus (RHP) here.