Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
R.K.Fashion Accessories Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on May 26, 2026 to raise funds through Initial Public Offer (IPO).
R.K.Fashion Accessories Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.43 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Affinity Global Capital Market Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to R.K.Fashion Accessories IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 42,67,200 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 42,67,200 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,12,49,563 shares |
| Share Holding Post Issue | 1,55,16,763 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, May 26, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Net Offer Not less than 15% of the Net Issue |
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 trading of branded cosmetics. The company offers traditional and contemporary jewellery products under brands such as “City Girl” and “Manikya”.
The company operates through B2B wholesale, e-commerce retailing, and corporate retail tie-ups while expanding its B2C presence in Kolkata. Its product portfolio includes bangles, earrings, necklaces, chains, rings, bracelets, mangalsutras, sets, and CZ/AD jewellery catering to wedding, festive, and daily wear segments.
R.K. Fashion Accessories follows a contract manufacturing model supported by skilled artisans and third-party manufacturers, primarily based in Kolkata. The company also operates around 120 shop-in-shop counters through corporate partnerships and processes over 10,000 online orders monthly across multiple e-commerce platforms.
For Fiscal 2026, the company reported revenue from operations of ₹3,035.71 lakhs, with West Bengal contributing the majority of revenue. As of March 31, 2026, the company had 50 permanent employees.
Strengths
R.K.Fashion Accessories Ltd.'s revenue increased by 77% and profit after tax (PAT) rose by 215% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 23.88 | 16.88 | 11.70 |
| Total Income | 31.54 | 17.82 | 14.46 |
| Profit After Tax | 6.29 | 2.00 | 0.95 |
| EBITDA | 8.52 | 3.03 | 1.29 |
| NET Worth | 16.16 | 9.81 | 7.82 |
| Reserves and Surplus | 4.91 | 9.16 | 7.16 |
| Total Borrowing | 1.70 | 0.61 | 0.61 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| SMR Jewels Ltd. | SME | ₹63.74 Cr | ₹128 | 18.01 | ₹103.05 | -19.49% | ₹85.50 (+0.29%) |
| Yaashvi Jewellers Ltd. | SME | ₹43.88 Cr | ₹83 | 5.6 | ₹87.05 | +4.88% | ₹75.45 (-3.33%) |
| Grover Jewells Ltd. | SME | ₹33.83 Cr | ₹88 | 12.31 | ₹100.80 | +14.55% | ₹157.40 (-4.98%) |
| Luxury Time Ltd. | SME | ₹18.74 Cr | ₹82 | 12.57 | ₹163.59 | +99.50% | ₹72.87 (+5.00%) |
| Advit Jewels Ltd. | Mainboard | ₹165.16 Cr | ₹138 | 18.41 | ₹179.46 | +30.04% | ₹214.11 (+3.73%) |
| PNGS Reva Diamond Jewellery Ltd. | Mainboard | ₹379.52 Cr | ₹386 | 10.96 | ₹411.70 | +6.66% | ₹398.10 (-0.23%) |
| Shringar House of Mangalsutra Ltd. | Mainboard | ₹400.92 Cr | ₹165 | 19.47 | ₹184.88 | +12.05% | ₹224.56 (-0.51%) |
| BlueStone Jewellery & Lifestyle Ltd. | Mainboard | ₹1,540.65 Cr | ₹517 | null | ₹546.00 | +5.61% | ₹599.05 (-1.06%) |
| Shanti Gold International Ltd. | Mainboard | ₹360.11 Cr | ₹199 | 19.24 | ₹229.38 | +15.27% | ₹212.62 (-0.33%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 1.81 |
| 2 | To Finance Establishment of-New plating facility at Baruipur, Kolkata West Bengal | 8.80 |
| 3 | To Finance Establishment of-Proposed new B2B showroom in Kolkata | 5.37 |
| 4 | To Finance Establishment of-Completion of B2C Stores in Kolkata | 2.48 |
| 5 | To Finance Establishment of-Inventory cost for the proposed new showroom and stores | 5.60 |
| 6 | General Corporate Purposes | |
| 7 | To meet the offer related expenses | |
| Total | 24.07 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 48.40% |
| ROCE | 57.74% |
| Debt/Equity | 0.11 |
| RoNW | 38.90% |
| PAT Margin | 20.71% |
| EBITDA Margin | 28.06% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.59 | 4.05 |
| Promoter Holding | 99.67% |
Lead Manager Reports
R.K.Fashion Accessories IPO is a SME IPO of 42,67,200 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The R.K.Fashion Accessories IPO open and close dates are not available as of now.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in R.K.Fashion Accessories IPO using UPI as a payment gateway. Zerodha customers can apply in R.K.Fashion Accessories IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in R.K.Fashion Accessories IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The R.K.Fashion Accessories IPO dates are not announced. Please check back again after some time.
R.K.Fashion Accessories IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in R.K.Fashion Accessories IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for R.K.Fashion Accessories IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the R.K.Fashion Accessories IPO allotment status.
The R.K.Fashion Accessories IPO listing date is not yet announced. The tentative date of listing is .
