R.K. Fashion Accessories Limited
Bookbuilding IPO · NSE
- Price band
- ₹77 - ₹82
- Lot size
- 1,600 shares
- Issue amount
- ₹34.99 cr
- Total subscription
- 0.5×
- Opens
- 5 Oct 2026
- Closes
- 7 Oct 2026
- Allotment
- 8 Oct 2026
- Listing
- 12 Oct 2026
Offer at a glance
Issue overview
- Issue size
- 42,67,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,23,200
- Fresh issue
- ₹34.99 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,31,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,12,49,563
- Shares after issue
- 1,55,16,763
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 3,200 | ₹2,62,400 |
| sHNI | 3 | 4,800 | ₹3,93,600 |
| bHNI | 8 | 12,800 | ₹10,49,600 |
Share reservation
Subscription & GMP
Subscription by category
Reported 6 Oct 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 751 | 121 |
| HNIs(10L +) | 223 | 12 |
| HNIs (2-10L) | 0 | 2 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0.35 | 5 |
| RETAIL | 19.71 | 61.32 |
| NIB | 13.17 | 25.11 |
| HNIs 2+ | 4.4 | 7.85 |
| HNIs 10+ | 8.78 | 17.27 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-26 | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|---|
| EPS | 1.63 | 5.59 | 1.78 | 0.84 |
| ROE | 0 | 0 | 0 | 0 |
| ROCE | 12.56 | 57.74 | 29.13 | 13.32 |
| RONW | 40.66 | 38.9 | 20.35 | 12.12 |
| PRE IPO(PE) | 0 | 14.67 | 0 | 0 |
| POST IPO(PE) | 17.4 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| R. K. Fashion Accessories Limited | 14.67 | 0 | 10.00 | 15.99 | 40.66 | 6.50 |
| Banaras Beads Limited | 44.31 | 0 | 10.00 | 87.38 | 3.08 | 2.69 |
Company information
Company profile
R.K. Fashion Accessories Limited, incorporated in March 2010, is engaged in the manufacturing of imitation jewellery through contract manufacturers and its wholesale distribution, along with the trading of branded cosmetics. The company offers traditional and contemporary jewellery under brands such as “City Girl” and “Manikya”, with products including bangles, earrings, necklaces, chains, rings, bracelets, mangalsutras, jewellery sets and CZ/AD jewellery for wedding, festive and everyday use. Its business operates through B2B wholesale, e-commerce retail and corporate retail partnerships, while the company is also expanding its B2C presence in Kolkata. R.K. Fashion Accessories follows a contract manufacturing model supported by skilled artisans and third-party manufacturers, mainly located in Kolkata. Through corporate partnerships, the company operates around 120 shop-in-shop counters and processes more than 10,000 online orders each month across various e-commerce platforms. In Fiscal 2026, the company reported revenue from operations of ₹3,035.71 lakh, with West Bengal contributing the largest share of revenue. As of March 31, 2026, the company had 50 permanent employees.
Strengths
- Traditional & Contemporary Jewellery Portfolio: The company offers a wide range of imitation jewellery in both traditional and modern designs. Its products cater to wedding, festive and everyday-wear needs across various categories.
- Strong B2B & E-commerce Presence: R.K. Fashion Accessories operates through B2B wholesale channels and multiple e-commerce platforms, handling more than 10,000 online orders every month . This multi-channel approach helps expand its customer reach.
- Strategic Retail Partnerships: The company has established partnerships with corporate retailers and operates around 120 shop-in-shop counters . These tie-ups provide additional physical retail presence and improve the reach of its jewellery products.
Risk factors
- Customer Concentration: The company depends significantly on certain key customers for its revenue. Losing any major customer could negatively impact sales, business operations and financial performance.
- Dependence on Raw Material Suppliers: The company relies on suppliers for a steady supply of raw materials. Shortages or increases in raw material and other input costs could affect product pricing, availability and overall profitability.
- Reliance on Contract Manufacturers: The company depends on independent contract manufacturers for production. Any operational issues, disruptions or changes at these facilities could affect the company’s ability to manufacture and deliver its products.
Promoters
Md. Qasim
Mohammed Usman
Mohammed Imran
Md. Aurangzeb
Registrar & documents
Lead manager
Affinity Global Capital Market Private Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Room No. A-201, 2nd Floor, Bagree Market 71, B. R. B. Basu Road, Kolkata, West Bengal, 700001
+91 8282052929
[email protected]Company website ↗Understanding RKFAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.