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Subscription Status · May 26 – May 29, 2026 · ₹59–63
The Rajnandini Fashion India IPO subscription has recorded exceptional investor demand with an overall subscription of 203.67× as of May 29, 2026, indicating that investors applied for 203.67 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: May 29, 2026, 5:10 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
548,000 | 66,878,000 |
122.04×
|
- |
|
NII
Non-Institutional Investors
|
414,000 | 162,958,000 |
393.62×
|
- |
|
bNII
Bids above ₹10L
|
276,000 | 135,414,000 |
490.63×
|
- |
|
sNII
Bids below ₹10L
|
138,000 | 27,544,000 |
199.59×
|
- |
|
Individual
Individual Investors
|
964,000 | 162,424,000 |
168.49×
|
- |
|
Total
|
1,926,000 | 392,260,000 |
203.67×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 548,000 | 1,926,000 | 3.51× | - |
| NII | 414,000 | 890,000 | 2.15× | - |
| bNII | 276,000 | 848,000 | 3.07× | - |
| sNII | 138,000 | 42,000 | 0.30× | - |
| Individual Investors | 964,000 | 448,000 | 0.46× | - |
| Total | 1,926,000 | 3,264,000 | 1.69× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 548,000 | 1,926,000 | 3.51× | - |
| NII | 414,000 | 4,494,000 | 10.86× | - |
| bNII | 276,000 | 3,448,000 | 12.49× | - |
| sNII | 138,000 | 1,046,000 | 7.58× | - |
| Individual Investors | 964,000 | 6,804,000 | 7.06× | - |
| Total | 1,926,000 | 13,224,000 | 6.87× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 548,000 | 66,878,000 | 122.04× | - |
| NII | 414,000 | 162,958,000 | 393.62× | - |
| bNII | 276,000 | 135,414,000 | 490.63× | - |
| sNII | 138,000 | 27,544,000 | 199.59× | - |
| Individual Investors | 964,000 | 162,424,000 | 168.49× | - |
| Total | 1,926,000 | 392,260,000 | 203.67× | - |
As of May 29, 2026, the Rajnandini Fashion India IPO has been subscribed 203.67 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Rajnandini Fashion India IPO subscription window was open from May 26, 2026 to May 29, 2026. Investors could apply through their demat account or ASBA facility.
The Rajnandini Fashion India IPO has a price band of ₹59 to ₹63 per share, with a lot size of 2,000 shares. Minimum retail investment: ₹118,000 (lower band) or ₹126,000 (upper band).
The QIB category has been subscribed 122.04 times. QIBs were offered 548,000 shares. Strong QIB subscription indicates high institutional confidence.
Overall NII: 393.62×. bNII (>₹10L): 490.63×, sNII (<₹10L): 199.59×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on June 01, 2026. Check via the registrar's website, Bigshare Services Private Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Rajnandini Fashion India IPO is expected to list on June 03, 2026. Shares will list on BSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 203.67× means investors have bid for 203.67 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Very Low. Only 1 lot likely via lottery if selected. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Rajnandini Fashion India IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from May 26 to May 29, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Rajnandini Fashion India IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
May 26, 2026Subscription Closes Done
May 29, 2026Basis of Allotment Done
Jun 01, 2026Listing on BSE Done
Jun 03, 2026Only 1 lot likely via lottery if selected.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.
