Dudani Retail IPO Details
IPO Overview
| Price Band | ₹29 |
|---|---|
| Lot Size | 4000 shares |
| Min Investment | Min ₹116000 |
| Total Subscription | 0 times |
| Status | Upcoming |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 8000 | 232000 |
| Individual investors (IND) (Max) | 2 | 8000 | 232000 |
| HNI (Min) | 3 | 12000 | 348000 |
IPO Tentative Timetable
| IPO Open Date | Sep 25, 2026 |
|---|---|
| IPO Close Date | Sep 29, 2026 |
| Allotment Date | Sep 30, 2026 |
| Refund Initiation | Oct 01, 2026 |
| Listing Date | Oct 05, 2026 |
IPO Detail
| Face Value | ₹10 per share |
|---|---|
| Issue Price | ₹29 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 36,36,000 shares (agg. up to ₹11 Cr) |
| Reserved for Market Maker | 1,84,000 shares (agg. up to ₹0.5336 Cr)Prabhat Financial Services Ltd. |
| Fresh Issue (Ex Market Maker) | 34,52,000 shares (agg. up to ₹10 Cr) |
| Net Offered to Public | 34,52,000 shares (agg. up to ₹10 Cr) |
| Share Holding Pre Issue | 67,50,000 shares |
| Share Holding Post Issue | 1,03,86,000 shares |
Key Performance Indicators (KPI)
| K P I | Mar 31, 2026 |
|---|---|
| ROE | 18.46% |
| ROCE | 25.88% |
| Debt/Equity | 0.47 |
| RoNW | 18.46% |
| PAT Margin | 7.73% |
| EBITDA Margin | 12.07% |
| NAV | 15.26 |
| Price to Book Value | 1.90 |
Issue Reservation
| Investor Category | Shares | % Of Net Issue | % Of Total Issue |
|---|---|---|---|
| NII (HNI) | 17,24,000 | 49.94% | 47.41% |
| Retail | 17,28,000 | 50.06% | 47.52% |
| Market Maker | 1,84,000 | 5.06% | |
| Total | 36,36,000 | 100.00% | 100.00% |
Company Financials (In Crore)
| Period Ended | Assets | Total Income | Profit After Tax | E B I T D A | N E T Worth | Reserves And Surplus | Total Borrowing |
|---|---|---|---|---|---|---|---|
| 31 Mar 2026 | 17.01 | 24.59 | 1.90 | 2.97 | 10.30 | 3.55 | 4.82 |
| 31 Mar 2025 | 14.28 | 25.29 | 1.78 | 2.86 | 8.40 | 1.65 | 4.03 |
| 31 Mar 2024 | 10.59 | 25.13 | 0.99 | 1.81 | 6.62 | 4.62 | 3.53 |
Objects of the Issue
| S. No. | Objects Of The Issue | Expected Amount (in Crores) |
|---|---|---|
| 1 | Funding Capital Expenditure towards purchase of machinery for expansion and upgradation of existing manufacturing facility | 0.79 |
| 2 | Repayment and / or pre-payment, in full or in part, of certain outstanding borrowings availed by the company. | 3.00 |
| 3 | To meet Working Capital Requirements | 3.97 |
| 4 | 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 |
| 5 | Issue Expenses | 1.29 |
| Total | 10.54 |
About Company
Incorporated in December 2015, Dudani Retail Limited is an apparel and lifestyle company engaged in the designing, manufacturing, sourcing and supply of apparel and related products through own-brand operations, licensed manufacturing arrangements with Fashion & Lifestyle marketplaces and a supply arrangement with a Quick-Commerce Platform. The Company’s own-brand business primarily focuses on women’s ethnic and fusion wear sold under the brand “Divena”, including suit sets, kurtas, dresses, tops, tunics, kaftans, co-ord sets, sarees and bottom wear. These products are designed and manufactured through a combination of in-house production and outsourced value-added processes. The Company also trades in men’s wear under “Millennial Men”, where finished goods are sourced from external suppliers and sold through online channels. It selectively trades in personal care and lifestyle products under “Cosse” based on sourcing opportunities and demand patterns.
In addition to its own-brand operations, the Company undertakes licensed manufacturing for Fashion & Lifestyle marketplaces, producing apparel against orders and according to specified design briefs, brand requirements and quality standards. The labels covered under these arrangements include Kalini, Corsica, Roadster, Anouk Rustic, All about you, Taavi, Navyaazri, Chandbaali, Baesd, ETC, Navibhu and Here & Now. The Company’s role is limited to manufacturing and supplying products on a just-in-time basis, while the intellectual property rights in these labels remain with the respective licensors.
The Company also supplies products to a Quick-Commerce Platform under a sell-or-return arrangement, where goods are delivered to designated hubs and payments are made periodically based on actual sales to end customers, after applicable margins. Its manufacturing facility in Jaipur, Rajasthan undertakes key processes including cutting, stitching, finishing, quality checks and dispatch, while fabric dyeing, printing, embroidery and other value-added processes are carried out through third-party processors.
The Company follows an integrated workflow covering design development, fabric and material procurement, sampling, manufacturing, outsourced processing, finishing and dispatch. Its products are distributed through multiple e-commerce marketplaces, including Myntra, Amazon, Flipkart, Ajio, Nykaa Fashion, Tata Cliq and Snapdeal, as well as through its own brand websites.
As on August 31, 2026, the Company had 33 permanent employees, including directors, supported by 35 temporary personnel primarily engaged in stitching and pressing activities.
Competitive Strengths
- Presence across multiple operating verticals.
- In-house manufacturing capabilities for women’s wear.
- Defined supply arrangement with a Quick-Commerce Platform.
- Asset-light model for men’s wear and selective trading categories.
- Established supplier network for fabrics, trims and finished goods.
- Multi-channel distribution through leading e-commerce marketplaces.
- Established relationships with Fashion & Lifestyle companies through licensed manufacturing.
Promoters
- Akshay Dudani and Charu Dudani.
Documents
Dudani Retail IPO Details — Frequently Asked Questions
What is Dudani Retail IPO?
What is the price band of Dudani Retail IPO?
What is the lot size and minimum investment for Dudani Retail IPO?
When will Dudani Retail IPO open and close for subscription?
What is the issue size of Dudani Retail IPO?
When is the Dudani Retail IPO listing date?
Is Dudani Retail a Mainline IPO or SME IPO?
How can I apply for Dudani Retail IPO?
Disclaimer
No financial information published within this application, including but not limited to information regarding securities or IPOs, should be considered as advice to buy or sell securities or to invest in IPOs, or as a guide to doing so in any way whatsoever. All content published in this application is provided solely for educational and informational purposes, and under no circumstances should it be used for making investment decisions. We are not a SEBI registered analyst.
Readers must consult a qualified financial advisor before making any actual investment decisions based on information published in this application. The information in this application is based on information available as of the date of publication, along with market perceptions, and may be subject to change without notice.