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Dudani Retail Ltd IPO

Listed SME BSE SME Fixed Price IPO
Min Investment
₹2,32,000
4000 shares · 1 lot

Dudani Retail Ltd IPO was priced at ₹29 per share with an issue size of ₹11 crore. The IPO opened on Sep 25, 2026 and closed on Sep 29, 2026, with a lot size of 4,000 shares and a minimum investment of ₹2,32,000.

Open
25 Sep
Close
29 Sep
Allotment
30 Sep
Refund
01 Oct
Listing
05 Oct

Market Sentiment

Grey Market Premium

Full history →
+₹2.00 +6.9%
Est. listing: ₹31
Updated 28 Sep 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹29.00 per share
Lot Size4000 shares
Min Investment₹2,32,000
Total Issue Size ₹11.00 crore
Shares Offered36,36,000
Issue Structure Fresh Issue
Issue TypeFixed Price IPO
Lead Manager(s)Finshore Management Services Ltd.
RegistrarMaashitla Securities Pvt.Ltd.
Listing AtBSE SME

Quick Profit Calculator

Issue price ₹29 · lot size 4000 shares · estimated listing price ₹31 (GMP +₹2)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 4,000 ₹1,16,000 ₹1,24,000 +₹8,000
S-HNI (Min) 2 8,000 ₹2,32,000 ₹2,48,000 +₹16,000
S-HNI (UPI limit) 4 16,000 ₹4,64,000 ₹4,96,000 +₹32,000
S-HNI (Max) 8 32,000 ₹9,28,000 ₹9,92,000 +₹64,000
B-HNI (Min) 9 36,000 ₹10,44,000 ₹11,16,000 +₹72,000
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹2.64
P/E (Post)
14.36 x
RoNW
11.13%
RoCE
15.85%
Net Worth
₹9.45 Cr
MetricLatest Reported
Total Income₹13.90 Cr
Profit After Tax₹1.05 Cr
Net Worth₹9.45 Cr

Promoters & Holding

Promoters: Akshay Dudani and Charu Dudani

Promoter Holding (Pre-Issue)100%
Promoter Holding (Post-Issue)64.99%

Strengths & Risks

Strengths

  • Presence across multiple operating verticals.
  • Established working relationships with Fashion & Lifestyle Companies through licensed manufacturing arrangements.
  • In-house manufacturing capability for women’s wear supported by outsourced processors.
  • Asset-light approach in men’s wear and selective trading categories.
  • Defined operational framework under the supply arrangement with a Quick-Commerce Company.
  • Multi-channel distribution for own-brand products.
  • Experience in handling marketplace-driven operations.
  • Integrated workflow from design development to dispatch.
  • Established supplier network for fabrics, trims and finished goods.

Risks & Concerns

  • Dependence on third-party processors for fabric dyeing, printing, embroidery, and related operations.
  • Market competition from established brands and new entrants.
  • Fluctuations in raw material prices affecting profitability.
  • Changes in consumer preferences impacting sales.
  • Regulatory changes affecting operations.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Dudani Retail Limited is engaged in designs, manufactures, sources, and supplies apparel and related products. It operates through own-brand, licensed manufacturing with Fashion & Lifestyle marketplaces, and a supply arrangement with a quick commerce platform.

Founded2015-12-01
HeadquartersJaipur, Rajasthan
IndustryRetail

Objects of the Issue

  • Funding Capital Expenditure towards purchase of machinery for expansion and upgradation of existing manufacturing facility
  • Repayment and / or pre-payment, in full or in part, of certain outstanding borrowings availed by the company.
  • To meet Working Capital Requirements
  • 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.

Registrar & Allotment

RegistrarMaashitla Securities Pvt.Ltd.
Phone011-45121795
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Dudani Retail Ltd IPO — dates, pricing, allotment and listing.

Dudani Retail Ltd IPO is a fixed price ipo of ₹11 crore. The issue was priced at ₹29 per share, with a lot size of 4,000 shares. Bidding ran from Fri, 25 Sep 2026 to Tue, 29 Sep 2026, with shares listed on BSE SME.

The price band was ₹29 per share.

One lot was 4,000 shares. Bids had to be placed in multiples of 4,000.

A retail investor needed at least ₹2,32,000 – one lot of 4,000 shares at ₹29.

Dudani Retail Ltd IPO opened on Fri, 25 Sep 2026 and closed on Tue, 29 Sep 2026.

Allotment was finalised on Wed, 30 Sep 2026.

Dudani Retail Ltd shares were listed on Mon, 05 Oct 2026 on BSE SME.

The company intended to use the net proceeds towards funding capital expenditure towards purchase of machinery for expansion and upgradation of existing manufacturing facility, repayment and / or pre-payment, in full or in part, of certain outstanding borrowings availed by the company, to meet working capital requirements and 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.

Finshore Management Services Ltd. is the book running lead manager. Maashitla Securities Pvt.Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Dudani Retail Ltd IPO subscription page, and on the BSE and NSE websites.

From Wed, 30 Sep 2026, check the Dudani Retail Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.