IPO Buzz

Home › Live IPOs › R.K.Fashion Accessories IPO

R.K.Fashion Accessories IPOALLOTMENT

NSESMEBook Built Issue

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.

Compare

Opens

05 Oct 26

Closes

07 Oct 26

Allotment

08 Oct 26

Refund

09 Oct 26

Demat

09 Oct 26

Listing

12 Oct 26

Listing on

12 Oct 26

Allotment 08 Oct 26

Min. investment₹2,62,400
GMP₹0
Subscribed2.75x
Track in the app

Overview

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

Market Maker 5.02%QIB 1.01%NII 37.65%Individual 56.32%
CategoryShares offered% of issue
Market Maker2,14,4005.02%
QIB43,2001.01%
NII (HNI)16,06,40037.65%
B-HNI10,70,400—
S-HNI5,36,000—
Individual24,03,20056.32%
Total42,67,200100%

Lot size & investment

ApplicationLotsSharesAmount
Retail (Min)23,200₹2,62,400
Retail (Max)23,200₹2,62,400
S-HNI (Min)34,800₹3,93,600
S-HNI (Max)711,200₹9,18,400
B-HNI (Min)812,800₹10,49,600

R.K.Fashion Accessories Live GMP

GMP₹0
Est. Price₹82
Est. Gain0.00%

Not enough GMP history yet to draw a trend.

GMP × retail lot ₹0GMP × S-HNI min ₹0Expected listing ~ ₹82GMP is unofficial and changes often. Data as of 07 Oct, 05:02 pm.

Subscription

07 Oct, 05:02 pm

Oversubscribed 2.75 times · 2,615 applications

QIB
14.11x
NII (HNI)
1.91x
S-HNI
1.79x
B-HNI
1.97x
Retail
3.11x
Total
2.75x

Total applications

2,615

Total bid amount

₹91.43 Cr

Category breakdown

CategoryShares offeredShares bidTimesBid amount
QIB43,2006,09,60014.11x₹5 Cr
NII (HNI)16,06,40030,62,4001.91x₹25.11 Cr
B-HNI10,70,40021,05,6001.97x₹17.27 Cr
S-HNI5,36,0009,56,8001.79x₹7.85 Cr
Retail24,03,20074,78,4003.11x₹61.32 Cr
Total40,52,8001,11,50,4002.75x₹91.43 Cr

Application-wise breakup

CategoryApplications reservedAppliedTimes
B-HNI223940.42x
S-HNI1111821.64x
Retail7512,3373.11x

Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).

Financials

(₹ in crores)

010203040Mar 2024 · Revenue: 14.46Mar 2024 · Expense: 13.43Mar 2024 · Profit after tax: 0.95Mar 2024 · Assets: 11.7Mar 2024 · Borrowing: 0.61Mar 2024Mar 2025 · Revenue: 17.82Mar 2025 · Expense: 15.02Mar 2025 · Profit after tax: 2Mar 2025 · Assets: 16.88Mar 2025 · Borrowing: 0.61Mar 2025Mar 2026 · Revenue: 31.54Mar 2026 · Expense: 23.25Mar 2026 · Profit after tax: 6.29Mar 2026 · Assets: 23.88Mar 2026 · Borrowing: 1.7Mar 2026Jun 2026 · Revenue: 7.49Jun 2026 · Expense: 5.02Jun 2026 · Profit after tax: 1.83Jun 2026 · Assets: 28.32Jun 2026 · Borrowing: 3.06Jun 2026

Key performance indicators

As of 30 Jun 2026

ROE

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.
5.2/10

Buzz score · Watch

From GMP, subscription and issue size

Financials5.7
Growth5.0
Business5.7
Demand4.9
Risk7.2

Objects of the issue

PurposeAmount (₹ 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

Cameo Corporate Services Ltd.

Phone: +91-44-28460390

Email: ipo@cameoindia.com

Web: https://ipostatus1.cameoindia.com/

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

Web: https://citygirljewellery.co.in/

Book running lead managers

  • Affinity Global Capital Market Pvt. Ltd.

Promoters

99.7%Pre Issue
72.3%Post Issue
  • Md.Qasim
  • Mohammed Usman
  • Mohammed Imran
  • Md.Aurangzeb