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R.K.Fashion Accessories IPOALLOTMENT
R.K. Fashion Accessories Limited manufactures through contract manufacturers and wholesales fashion/imitation jewellery, along with trading branded cosmetics under City Girl and Manikya Jewellery.
Opens
05 Oct 26Closes
07 Oct 26Allotment
08 Oct 26Refund
09 Oct 26Demat
09 Oct 26Listing
12 Oct 26Overview
Price band
₹77-82
Lot size
1600 shares
Min. investment
₹2,62,400
Issue size
₹34.99 Cr
42.67 L shares
Fresh issue
₹34.99 Cr
42.67 L shares
Face value
₹10 / share
Issue type
Book Built Issue
Listing at
NSE
Reservation
| Category | Shares offered | % of issue |
|---|---|---|
| Market Maker | 2,14,400 | 5.02% |
| QIB | 43,200 | 1.01% |
| NII (HNI) | 16,06,400 | 37.65% |
| B-HNI | 10,70,400 | — |
| S-HNI | 5,36,000 | — |
| Individual | 24,03,200 | 56.32% |
| Total | 42,67,200 | 100% |
Lot size & investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,62,400 |
| Retail (Max) | 2 | 3,200 | ₹2,62,400 |
| S-HNI (Min) | 3 | 4,800 | ₹3,93,600 |
| S-HNI (Max) | 7 | 11,200 | ₹9,18,400 |
| B-HNI (Min) | 8 | 12,800 | ₹10,49,600 |
R.K.Fashion Accessories Live GMP
Not enough GMP history yet to draw a trend.
Subscription
07 Oct, 05:02 pmOversubscribed 2.75 times · 2,615 applications
Total applications
2,615
Total bid amount
₹91.43 Cr
Category breakdown
| Category | Shares offered | Shares bid | Times | Bid amount |
|---|---|---|---|---|
| QIB | 43,200 | 6,09,600 | 14.11x | ₹5 Cr |
| NII (HNI) | 16,06,400 | 30,62,400 | 1.91x | ₹25.11 Cr |
| B-HNI | 10,70,400 | 21,05,600 | 1.97x | ₹17.27 Cr |
| S-HNI | 5,36,000 | 9,56,800 | 1.79x | ₹7.85 Cr |
| Retail | 24,03,200 | 74,78,400 | 3.11x | ₹61.32 Cr |
| Total | 40,52,800 | 1,11,50,400 | 2.75x | ₹91.43 Cr |
Application-wise breakup
| Category | Applications reserved | Applied | Times |
|---|---|---|---|
| B-HNI | 223 | 94 | 0.42x |
| S-HNI | 111 | 182 | 1.64x |
| Retail | 751 | 2,337 | 3.11x |
Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).
Financials
(₹ in crores)
Key performance indicators
As of 30 Jun 2026ROE
10.71%
PAT Margin
24.4%
ROCE
12.56%
EBITDA Margin
34.08%
Debt to Equity Ratio
0.17
Price to Book Value
5.13
RoNW
40.66%
Valuation vs listed peers
EPS Pre IPO
₹5.59
EPS Post IPO
₹4.71
P/E Pre IPO
14.67
P/E Post IPO
17.41
Buzz AI analysis
From this IPO's filings and market data · educational, not investment advice
Revenue growth FY24 → FY26
+118.1%
Profit growth FY24 → FY26
+562.1%
ROCE
12.56%
- PAT margin 24.4% and ROCE 12.6%.
Strengths & risks
- Diversified Products with jewellery, cosmetics and hotel rental income.
- Strong B2B Network with retailers and organized retail chains.
- Multiple Sales Channels across wholesale, SIS and online platforms.
- Growing Revenue from ₹1,328.49 lakh in FY2024 to ₹3,035.71 lakh in FY2026.
- Diversified Customers with top 10 customers contributing 15.15% of FY2026 sales.
Buzz score · Watch
From GMP, subscription and issue size
Objects of the issue
| Purpose | Amount (₹ Cr) |
|---|---|
| To meet the working capital requirements. | 5.21 |
| To Finance Establishment of-New plating facility at Baruipur, Kolkata West Bengal. | 8.8 |
| To Finance Establishment of-Proposed new B2B showroom in Kolkata. | 5.37 |
| To Finance Establishment of-Completion of B2C Stores in Kolkata. | 2.48 |
| To Finance Establishment of-Inventory cost for the proposed new showroom and stores. | 5.6 |
| General Corporate Purposes. | - |
| To meet the offer related expenses. | - |
Company & documents
R.K. Fashion Accessories Limited is a Kolkata-based company engaged in the manufacturing through contract manufacturers and wholesale distribution of fashion/imitation jewellery, along with the trading of branded cosmetics. Its jewellery portfolio includes bangles, bracelets, chains, earrings, rings, mangalsutras, jewellery sets and other imitation jewellery for wedding, festive and daily wear.
The Company operates through B2B wholesale, Shop-in-Shop (SIS) counters and online channels, with around 120 SIS counters through national retail partnerships. Its online business caters to both B2B and B2C customers through e-commerce platforms and its own websites.
The Company operates under the brands “City Girl” and “Manikya Jewellery”, offering wedding, regular-wear, Cubic Zirconia and American Diamond jewellery. It reported 63,665 online orders in Fiscal 2026 and revenue of ₹2,485.72 lakh through its City Girl and Manikya websites.
For Fiscal 2026, the Company reported revenue from operations of ₹3,035.71 lakh, with 95.16% from B2B and 4.84% from B2C operations.
As of March 31, 2026, it had 50 permanent employees and was expanding its B2C presence in Kolkata.
Registrar
Company contact
R.K.Fashion Accessories Limited
Room No. A-201, 2nd Floor, Bagree Market 71 B. R. B. Basu Road, Kolkata, West Bengal, 700001
Phone: +91 8282052929
Email: cs@citygirljewellery.com
Book running lead managers
- Affinity Global Capital Market Pvt. Ltd.
Promoters
- Md.Qasim
- Mohammed Usman
- Mohammed Imran
- Md.Aurangzeb
