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Dudani Retail IPO Details

DR

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 IMar 31, 2026
ROE18.46%
ROCE25.88%
Debt/Equity0.47
RoNW18.46%
PAT Margin7.73%
EBITDA Margin12.07%
NAV15.26
Price to Book Value1.90

Issue Reservation

Investor CategoryShares% Of Net Issue% Of Total Issue
NII (HNI)17,24,00049.94%47.41%
Retail17,28,00050.06%47.52%
Market Maker1,84,0005.06%
Total36,36,000100.00%100.00%

Shareholding Structure

CategoryPre I P OPost I P O
Promoter and Promoter Group100%64.99%
Public35.01%
Total100%100%

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

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
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.

Dudani Retail IPO Details — Frequently Asked Questions

What is Dudani Retail IPO?
Dudani Retail IPO is a SME Initial Public Offering where the company raises capital by offering shares to the public. On this page you can find the price band (₹29), lot size, issue size, tentative dates, company financials, and other key details about the Dudani Retail IPO.
What is the price band of Dudani Retail IPO?
The price band for Dudani Retail IPO is ₹29. Investors can bid within this range during the subscription period. The final issue price is typically set at the upper end of the band when the IPO is oversubscribed.
What is the lot size and minimum investment for Dudani Retail IPO?
The market lot size for Dudani Retail IPO is 4000 shares shares. Retail investors need a minimum investment of approximately Min ₹116000 (one lot at the upper price band) to apply for this IPO.
When will Dudani Retail IPO open and close for subscription?
Dudani Retail IPO subscription is scheduled to open on Sep 25 and close on Sep 29. Investors can apply through their broker or bank using UPI or ASBA during this window.
What is the issue size of Dudani Retail IPO?
The total issue size of Dudani Retail IPO is 36,36,000 shares (agg. up to ₹11 Cr). This includes the fresh issue and offer for sale components as disclosed in the Red Herring Prospectus (RHP).
When is the Dudani Retail IPO listing date?
The tentative listing date for Dudani Retail IPO on the stock exchange (NSE/BSE) is Oct 05 2026. After allotment, shares are credited to your Demat account and trading begins on the listing day.
Is Dudani Retail a Mainline IPO or SME IPO?
Dudani Retail is classified as a SME IPO. SME IPOs are listed on the NSE Emerge or BSE SME platform with a lower minimum application size compared to mainboard IPOs.
How can I apply for Dudani Retail IPO?
To apply for Dudani Retail IPO, open your broker app or bank net banking, select the IPO section, choose Dudani Retail IPO, enter your bid quantity (in lots of 4000 shares shares), select a price within ₹29, and authorize payment via UPI or ASBA. A Demat account and PAN card are mandatory.

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