The R.K. Fashion Accessories IPO is a book-built issue worth ₹34.99 crore, made up entirely of a fresh issue of 42.67 lakh shares.
The R.K. Fashion Accessories IPO opened for bidding on Oct 5, 2026 and closes on Oct 7, 2026. Allotment is expected to be finalized on Oct 8, and the shares will list on the NSE SME on Oct 12, 2026 (tentative).
The R.K. Fashion Accessories IPO has a price band of ₹77 to ₹82 per share, with a lot size of 1,600 shares. At the upper price band, retail investors need a minimum of ₹2,62,400 (2 lots, 3,200 shares). HNIs need at least 3 lots (4,800 shares), or ₹3,93,600.
For the R.K. Fashion Accessories IPO, Affinity Global Capital Market Pvt. Ltd. is the book running lead manager, Cameo Corporate Services Ltd. is the registrar, and Anant Securities is the market maker.
| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 2 | 3200 | ₹2,62,400 |
| HNI / NII | 3 | 4800 | ₹3,93,600 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 14.11× | 43,200 | 6,09,600 | ₹5.00 Cr |
| NII / HNI (Total) | 0.50× | 16,06,400 | 8,01,600 | ₹6.57 Cr |
| Retail Investors | 0.16× | 24,03,200 | 3,74,400 | ₹3.07 Cr |
| Total ** | 0.44× | 40,52,800 | 17,85,600 | ₹14.64 Cr |
| Market Maker * | 1× | 2,14,400 | 2,14,400 | ₹1.76 Cr |
| Metric | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|---|
| Revenue | 7.49 | 31.54 | 17.82 |
| PAT | 1.83 | 6.29 | 2.00 |
| EBITDA | 2.00 | 7.34 | 2.98 |
| Net Worth | 17.99 | 16.16 | 9.81 |
| Total Assets | 28.32 | 23.88 | 16.88 |
| Reserves | 6.74 | 4.91 | 9.16 |
| Borrowings | 3.06 | 1.70 | 0.61 |
Incorporated in March 2010, R.K. Fashion Accessories Limited is engaged in the manufacturing through contract manufacturers and wholesale distribution of imitation jewellery, along with the trading of branded cosmetics. Its product portfolio comprises handcrafted imitation jewellery incorporating traditional designs with contemporary styles, catering to various segments through wholesale and direct sales channels. The Company operates with a focus on the B2B and B2C segments, supplying its products through wholesale channels while expanding its direct presence among individual consumers. It has also adopted a multi-platform e-commerce strategy and has established corporate tie-ups to support its sales and customer base. The Company has purchased a property on Rash Behari Avenue, Kolkata, which is currently under construction and is intended to strengthen its retail presence and expand its B2C customer base in Kolkata, particularly in areas with relatively lower concentration of its existing B2B customers.
The Company focuses on product quality through multi-stage inspection and quality control processes and maintains relationships with its customers through its B2B operations. Its business model combines traditional jewellery designs with contemporary styles while expanding its sales reach through wholesale, retail and online channels. The Company also aims to diversify its customer base through greater penetration of the B2C segment.
As of June 30, 2026, the Company had 50 permanent employees, including directors and key managerial personnel, supported by contractual labour engaged according to business requirements and high-volume orders. Its workforce comprises personnel across operations, management, finance, marketing, design, sales, customer service, packaging, quality control and human resources.
Competitive Strengths