Search IPOs
DUDANI · BSE · Speciality Retail
Dudani Retail IPO opens for subscription from 25 Sep 2026 to 29 Sep 2026. The SME IPO has a price band of ₹29-₹29 , with a face value of ₹10 per share and lot size of 4,000 shares . The IPO will list on 05 Oct 2026 on BSE.
Dudani Retail IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 25 Sep 2026 |
| IPO Close Date | 29 Sep 2026 |
| Basis of Allotment | 30 Sep 2026 |
| Initiation of Refunds | 01 Oct 2026 |
| Credit of Shares to Demat | 01 Oct 2026 |
| Listing Date | 05 Oct 2026 |
Issue Size
3,636,000 shares
(aggregating up to ₹11.00 Cr)
Issue Price
₹29 – ₹29
Face Value
₹10/share
Market Lot
4,000 shares
Retail Min Investment
₹232,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
3,452,000 shares
(aggregating up to ₹10 Cr)
Offer for Sale
[.]
Reserved for Market Maker
184,000 shares
(aggregating up to ₹0.53 Cr)
Issue Type
fixed price
Open Date
25 Sep
Close Date
29 Sep
Allotment
30 Sep
Listing
05 Oct
Last updated: 12 hours ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 25 Sep 2026 Latest | ₹29 | ₹3 | ₹32 | ₹3 |
10.34%
|
7:11 PM |
| 25 Sep 2026 | ₹29 | ₹3 | ₹32 | ₹3 |
10.34%
|
6:16 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 25 Sep 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| NII | 0.01x | - |
| Individual Investors | 0.16x | - |
| Total | 0.08x | - |
Showing the latest subscription snapshot.
View full subscription historyThe promoters of the company are Mr. Akshay Dudani and Mrs. Charu Dudani.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 8,000 | ₹232,000 |
| Retail (Max) | 2 | 8,000 | ₹232,000 |
| S-HNI (Min) | 3 | 12,000 | ₹348,000 |
| S-HNI (Max) | 8 | 32,000 | ₹928,000 |
| B-HNI (Min) | 9 | 36,000 | ₹1,044,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| NII (HNI) Shares Offered | 1,724,000 (47.41%) |
| Individual Investors Shares Offered | 1,728,000 (47.53%) |
| Market Maker Shares Offered | 184,000 (5.06%) |
| Total Shares Offered | 3,636,000 (100.00%) |
Dudani Retail Limited was incorporated in December 2015 and is headquartered in Jaipur, Rajasthan. It works in the apparel sector, designing, manufacturing, sourcing and supplying fashion products.
The company operates through its own women's ethnic and fusion wear brand, Divena, offering kurtas, suit sets, dresses, sarees and co-ord sets, alongside its Millennial Men brand for men's apparel and the Cosse label for lifestyle and personal care products traded selectively. It also manufactures under licensed arrangements for labels including Kalini, Corsica, Roadster, Anouk Rustic, All About You and Here & Now, and supplies products to a quick-commerce platform. Manufacturing takes place from a rented facility in Jaipur, where cutting, stitching, finishing, quality control and dispatch are handled in-house, while dyeing, printing and embroidery are outsourced to third parties. The promoters are Akshay Dudani and Charu Dudani.
Revenue rose to Rs 25.29 crore in FY25 from Rs 25.13 crore in FY24, with profit after tax rising to Rs 1.78 crore in FY25 from Rs 0.99 crore in FY24, as per the DRHP filed on March 31, 2026. The IPO is an SME fixed-price issue of about Rs 10.54-11 crore on the BSE SME platform, structured mainly as a fresh issue of 36,36,000 equity shares of face value Rs 10 each, priced at Rs 29 per share, with subscription scheduled for September 25-29, 2026 and a tentative listing date of October 5, 2026. Net proceeds are proposed to be used for capital expenditure on machinery for expansion and upgradation of the manufacturing facility (about Rs 0.79 crore), repayment or prepayment of certain borrowings (about Rs 3 crore), and meeting working capital requirements (about Rs 3.97 crore).
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 25.13 | 25.29 | 24.59 |
| Profit After Tax (PAT) | 0.99 | 1.78 | 1.9 |
| EBITDA | 1.81 | 2.86 | 2.97 |
| Total Assets | 10.59 | 14.28 | 17.01 |
| Net Worth | 6.62 | 8.4 | 10.3 |
| Reserves & Surplus | 4.62 | 1.65 | 3.55 |
| Total Borrowing | 3.53 | 4.03 | 4.82 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2025 | Mar 2026 |
|---|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 21.19% | 18.46% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 31.6% | 25.88% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 21.19% | 18.46% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 7.04% | 7.73% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 11.33% | 12.07% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 0.48x | 0.47x |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 2.33x | 1.9x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹2.64 | ₹2.02 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 10.98x | 14.36x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹20 Cr | ₹30 Cr |
The basis of allotment for Dudani Retail IPO is scheduled for 30 Sep 2026. You can check your allotment status using your PAN number or application number on the Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370) portal or BSE.
The Dudani Retail IPO is expected to open in Sep 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Dudani Retail IPO is ₹29.00 - ₹29.00 per share.
As per market sources, Dudani Retail IPO GMP is currently ₹3.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Dudani Retail IPO stands at 0.08x overall.
The listing date for Dudani Retail IPO is 05 Oct 2026.
No comments yet. Be the first to comment!
