Rachit Prints was incorporated on March 31, 2003. The company manufactures specialty fabrics for mattresses, including knitted, printed, warp-knit, pillow fabrics, and binding tape, along with trading comforters and bedsheets. With in-house weaving, designing, printing, and finishing, it converts yarn into customised fabrics to meet client needs
| Bidding Dates |
|---|
| 01 Sep 2025 - 03 Sep 2025 |
| Subscription |
|---|
| 1.92x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,80,000 | 2 | 2 | 1000 | 1.3 M | ₹140 - ₹149 | 67.69 % | ₹183.1 M - ₹194.9 M | RHP DOC |
Rachit Prints IPO SUBSCRIPTION STATUS
03 Sep '25Rachit Prints IPO overall subscription rate was 1.92 times the total available shares
Rachit Prints IPO retail subscription rate was 3.64 times in the retail segment
Rachit Prints IPO non-institutional investor subscription rate was 4.2 times in the non-institutional investor category
Rachit Prints IPO Qualified Institutional Bidder subscription rate was 0.04 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
03 Sep 2025 (Day 3) | 3.64x | 4.2x | 0.04x |
02 Sep 2025 (Day 2) | 1.36x | 2.53x | 0x |
01 Sep 2025 (Day 1) | 0.57x | 1.96x | 0x |
Rachit Prints FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 41.7 | 4.6 | 0.5 | -4.4 | 17.3% |
| FY24 | 37.1 | 2.0 | 9.2 | 8.8 | 11.5% |
| FY23 | 32.3 | 0.3 | -1.4 | -3.3 | 6.2% |
Rachit Prints IPO SUBSCRIPTION STATUS DETAILS
Rachit Prints had 1.3 M shares on offer
Rachit Prints IPO offer price was in the range ₹140 - ₹149
Rachit Prints IPO minimum Investment was ₹280000
Rachit Prints IPO issue size was ₹ 183.1 M - ₹ 194.9 M
Rachit Prints had a minimum lot size of 1000 Shares per application
Rachit Prints NUMBER OF SHARES ON OFFER
Rachit Prints IPO IMPORTANT DATES
| Issue Open Date | 01 Sep 2025 |
| Issue close Date | 03 Sep 2025 |
| Allotment Date | 04 Sep 2025 |
| Refund Date | 05 Sep 2025 |
| Demat Account Credit Date | 05 Sep 2025 |
| Listing Date | 08 Sep 2025 |
| Listing on Exchange(s) | BSE |
| Rachit Prints Allotment Status | Exchange/ Registrar |
Rachit Prints IPO subscription opened on 01 Sep 2025, and closed on 03 Sep 2025
IPO allotment for Rachit Prints was finalized on Thursday, 04 Sep 2025
IPO listing for Rachit Prints was on BSE on Monday, 08 Sep 2025
Rachit Prints IPO LISTING GAINS
| Issue Price (adjusted) | 149.0 |
| Listing Open Price | 119.2 |
| Listing Close Price | 113.3 |
| Listing Gain% | -20.0% |
| Current Gain% | 36.2% |
Rachit Prints Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rachit Prints Ltd. | 203 | 100.2 | 21.9 | 52 | 1.9 | 13.1 | 8.9 | 53.5 | 28.1 | 4.6 | 0.4 | 9.3 | 0.4 |
| KPR Mill Ltd. | 1107.7 | 37862.7 | 41.5 | 3.9 | 5.6 | 15.2 | 12.7 | 6784.3 | 5 | 866.5 | 6.3 | 26.7 | 10.7 |
| Vardhman Textiles Ltd. | 600.1 | 17371.4 | 20.5 | -43.3 | 1.7 | 7.1 | 5.4 | 10092.5 | -0.3 | 745.2 | -15.6 | 29.3 | -0.5 |
| Welspun Living Ltd. | 160.8 | 15418.4 | 75.4 | -1.1 | 1.6 | 4.2 | 2 | 9467.9 | -11.5 | 204.4 | -68 | 2.1 | -68 |
| Arvind Ltd. | 561.6 | 15276.4 | 36.9 | 2.2 | 1.6 | 10.2 | 4.7 | 9359.5 | 11.5 | 413.9 | 17.1 | 15.2 | 17.1 |
| Trident Ltd. | 24.8 | 12658.4 | 32 | -3.4 | 1.9 | 7.9 | 5 | 6775.2 | -3.9 | 377.1 | 2 | 0.8 | -9.4 |
Rachit Prints INFORMATION ON IPO ISSUE
About Rachit Prints
Rachit Prints was incorporated on March 31, 2003. The company manufactures specialty fabrics for mattresses, including knitted, printed, warp-knit, pillow fabrics, and binding tape, along with trading comforters and bedsheets. With in-house weaving, designing, printing, and finishing, it converts yarn into customised fabrics to meet client needs
Object of the Issue
- 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 purposes
Rachit Prints - PROMOTERS
| Name |
|---|
| Anupam Kansal |
| Naina Kansal |
| Rose Kansal |
Rachit Prints - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Anupam Kansal | Managing Director |
| Naina Kansal | Whole-Time Director |
| Rose Kansal | Non- Executive Director |
| Tarun Sharma | Independent Director |
| Priyesh Kumar Sikariwal | Independent Director |
Rachit Prints Book Running Lead Manager
Khambatta Securities Limited
ipo@khambattasecurities.com
Rachit Prints Registrar to the issue
Maashitla Securities Private Limited
ipo@maashitla.com
Rachit Prints Strengths
Advanced knitting technology
The company utilises advanced automated printing and dyeing equipment, as well as imported German and Chinese circular knitting machines, including 18 high-speed units, which enable faster and more customisable production. These investments enhance efficiency and help meet growing customer demand
Government incentive
The company, located in Uttar Pradesh, benefits from subsidies under the Amended Technology Upgradation Fund Scheme (ATUFS) for capital investment. This support aids in expansion and helps manage cash flows for capital expenditures
Sustained alliances
The company follows a B2B model, focusing on long-term relationships with clients and suppliers. It has MOUs with Sheela Foam and Kurlon Enterprise for fabric supply, leveraging goodwill to gain new clients and expand business with existing ones
Rachit Prints Risks
Fire accident risks
The company’s operations involve handling flammable materials, posing fire risks. A fire outbreak in May 2017 caused a loss of Rs 37.2 lakh. Since then, the company has strengthened safety measures by installing fire-resistant equipment, water tanks, strict protocols, and conducting regular audits and staff training
Counterparty credit risk
The company faces counterparty credit risk as most sales are on open credit with 60–75 day terms. Despite monitoring customers and maintaining allowances for doubtful receivables, delays or defaults in payments could lead to financial losses
Dependent on utilities
The company’s manufacturing operations require an uninterrupted electricity, water, and fuel supply. Any shortage or non-availability could disrupt production, and reliance on alternative power sources at higher costs may adversely impact business, cash flows, and financial condition
IPO FAQs
The promoters of the company are Anupam Kansal, Naina Kansal and Rose Kansal.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 140.0 - 149.0.
The IPO application opens on Sep 01, 2025 and closes on Sep 03, 2025.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 280,000.0, the maximum value for this IPO is Rs 298,000.0.
This IPO will be allotted on Sep 04, 2025.
The refund will be credited to your account on Sep 05, 2025.
The allotted shares will be credited to your demat on Sep 05, 2025.
Rachit Prints Ltd.’s shares listed on the stock exchanges on Sep 08, 2025.