Dudani Retail(C)SME
Dudani Retail Limited, incorporated in 2015 and based in Jaipur, is engaged in designing and manufacturing apparel, particularly focusing on ladies' kurtis, ethnic fusion wear, and men's wear distributed via leading e-commerce platforms.
Price Band
₹29 - ₹29
Lot Size
8000 Shares
Issue Size
₹11.00 Cr
Fresh Issue
₹11.00 Cr
OFS
N/A
Registrar
AI Sentiment Score
Current GMP
+₹1
Est. Listing: ₹30 (+1.7%)
📅 IPO Timeline
✓
Open
Sep 25, 2026
✓
Close
Sep 29, 2026
✓
Allotment
Sep 30, 2026
✓
Refund
Oct 1, 2026
5
Demat
Oct 1, 2026
6
Listing
Oct 5, 2026
✨ AI Analysis & Prediction
+3.1%
predicted listing gain
Dudani Retail SME IPO is a small-sized fixed price issue of ₹11 crores with modest subscription demand (total 1.42x), low institutional participation, and a minimal grey market premium of around 1.72%. Financial growth has been relatively stagnant with steady but low PAT, making it a cautious listing debut.
💪 Strengths
- Experienced promoters in ethnic and apparel manufacturing
- Presence across major e-commerce platforms
- Controlled debt-to-equity ratio
⚠️ Weaknesses
- Stagnant top-line revenue over the last three fiscals
- Small scale of operations with limited market share
- Zero institutional (QIB) participation
🚀 Opportunities
- Expansion into broader retail and regional markets
- Strengthening online brand presence and promotional activities
🛡️ Threats
- High competition in the unorganized and organized apparel retail segment
- Shifting consumer fashion trends
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Funding Capital Expenditure towards purchase of machinery for expansion and upgradation of existing manufacturing facility | ₹0.79 |
| Repayment and / or pre-payment, in full or in part, of certain outstanding borrowings availed by the company. | ₹3.00 |
| To meet Working Capital Requirements | ₹3.97 |
| To be utilized towards Strategic initiatives, partnerships, joint ventures and acquisitions; Brand building and strengthening of promotional, marketing activities and advisory; On-going general corporate exigencies or any other purposes as approved by the Board subject to compliance with the necessary regulatory provisions etc. | ₹1.50 |
📊 Financial Overview
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 25.13 Cr | Rs 25.29 Cr | Rs 24.59 Cr |
| Net Profit / PAT (₹ Cr) | Rs 0.99 Cr | Rs 1.78 Cr | Rs 1.90 Cr |
| Total Assets (₹ Cr) | Rs 10.59 Cr | Rs 14.28 Cr | Rs 17.01 Cr |
| ROE % | NA | NA | 18.46% |
| ROCE % | NA | NA | 25.88% |
| Debt / Equity | NA | NA | 0.47 |
📋 Live Subscription Status
QIB
0.00x
NII
0.52x
Retail
2.31x
Total
1.42x
Updated: Oct 2, 2026 6:37 PM
💼 Reservation Quota
QIB
0.00%
Retail
50.00%
NII
50.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
The company operates out of Jaipur, handling all manufacturing processes from cutting to dispatch. Its revenues have hovered around ₹24-25 crores over the last few years with modest profitability (PAT of ₹1.90 crores in FY26), reflecting limited top-line expansion.
The ₹11 crore fixed price issue is priced at ₹29 per share with a lot size of 8,000 shares. Subscription levels show weak QIB interest (0.0x), moderate NII demand, and mild retail interest, backed by an extremely thin GMP.