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Dudani Retail Ltd

Dudani Retail Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹29
₹29
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹29
Based on GMP
Min. Investment
₹116,000
1 lot × 4000 shares
Subscribed
1.42x
Over-subscribed
IPO Details
Open Date
25 Sep 2026
Close Date
29 Sep 2026
Allotment
30 Sep 2026
Listing Date
05 Oct 2026
Exchange
BSE SME
Price Band
₹29
Listing Price
See chart
Allotment Status
Price Band
₹29
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
36,36,000 shares (agg. up to ₹11 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹116,000
1 lot
Pre-IPO Holding
67,50,000 shares
Promoters
Post-IPO Holding
1,03,86,000 shares
Promoters
P/E (Pre)
10.28x
 
P/E (Post)
15.85x
 
EPS (Pre)
₹2.82
 
EPS (Post)
₹1.83
 
UPI Deadline
5:00 PM on 29 Sep 2026
Mandate
Anchor AllotmentThu, 24 Sep 2026
Basis of AllotmentWed, 30 Sep 2026
Refund InitiationThu, 01 Oct 2026
Demat CreditThu, 01 Oct 2026
Listing DayMon, 05 Oct 2026
UPI Mandate Deadline5:00 PM on 29 Sep 2026
Sale TypeFresh capital only
Net Offer to Public34,52,000 shares (agg. up to ₹10 Cr)
Market Maker Quota1,84,000 shares (agg. up to ₹0.5336 Cr)
Fresh Issue Shares34,52,000 shares (agg. up to ₹10 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Dudani Retail Ltd IPO subscribed 1.42 times overall. Retail: 2.31x. QIB: 1.00x. NII: 0.52x. By 29 Sep 2026.
QIB
1.00x
Over
NII/HNI
0.52x
Retail
2.31x
Over
Total
1.42x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
184,000
— ₹0.53
QIB
Over 1.00x
— — —
NII / HNI
0.52x
1,724,000
— ₹5.00
Retail
Over 2.31x
1,728,000
— ₹5.01
Total 1.42x
3,452,000
100% ₹10.01
IPO Shares Offered
Dudani Retail Ltd IPO total issue size: ₹10.01 Cr. Retail: ₹5.01 Cr. NII: ₹5.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 184,000 ₹0.53
5.33%
NII 1,724,000 ₹5.00
49.94%
Retail 1,728,000 ₹5.01
50.06%
Total 3,452,000 ₹10.01
100.00%
* Based on upper price band ₹29 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 1,724,000 1,728,000 3,452,000
Allotment price (₹) 29 29 29 29 29 29 29 29
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹5.01 ₹5.01
Times subscribed 1 — — — — 0.52x 2.31x 1.42x
Shares allotted — — — — — 1,724,000 1,728,000 3,452,000
No. of allottees — — — — — — — —
* Upper price band ₹29 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹29.00
Upper Band
Min Investment
₹116,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹232,000
Retail (Max — 13 Lots)1352,000₹1,508,000
S-HNI (Min — 14 Lots)1456,000₹1,624,000
B-HNI (Min — 68 Lots)68272,000₹7,888,000
* Issue Price ₹29 × Lot Size 4,000 shares
IPO Schedule
Anchor
24 Sep 2026
✓ Done
IPO Open
25 Sep 2026
✓ Done
IPO Close
29 Sep 2026
✓ Done
Allotment
30 Sep 2026
✓ Done
Refunds
01 Oct 2026
✓ Done
Demat Credit
01 Oct 2026
✓ Done
Listing Day
05 Oct 2026
✓ Done
Dudani Retail Ltd — Live Price LIVE
₹29.00
INR · BSE
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Issue ₹29.00 Live Price
About Dudani Retail Ltd
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 StrengthsPresence 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.
Objects of the Issue
1
Funding Capital Expenditure towards purchase of machinery for expansion and upgradation of existing manufacturing facility
2
Repayment and / or pre-payment, in full or in part, of certain outstanding borrowings availed by the company.
3
To meet Working Capital Requirements
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.
5
Issue Expenses
Dudani Retail Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹25.1
31 Mar 2024
₹25.3
31 Mar 2025
₹24.6
31 Mar 2026
Profit After Tax (PAT)
₹1.0
31 Mar 2024
₹1.8
31 Mar 2025
₹1.9
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 24.59 25.29 25.13
EBITDA 2.97 2.86 1.81
Profit After Tax (PAT) 1.90 1.78 0.99
Net Worth 10.30 8.40 6.62
Total Assets 17.01 14.28 10.59
Reserves & Surplus 3.55 1.65 4.62
Borrowings 4.82 4.03 3.53
EBITDA Margin (%) 12.07 — —
PAT Margin (%) 7.73 — —
P/BV Ratio
1.90
RoE
18.46
RoCE
25.88
RoNW
18.46
PAT Margin
7.73
EBITDA Margin
12.07
Debt/Equity
0.47
Issue Structure & Shareholding
Total Shares Offered36,36,000
Net Offer to Public34,52,000 shares (agg. up to ₹10 Cr)
Reserved for Market Maker1,84,000 shares (agg. up to ₹0.5336 Cr)
Pre-Issue Promoter Holding67,50,000 shares
Post-Issue Promoter Holding1,03,86,000 shares
P/BV Ratio1.90
RoE18.46
RoCE25.88
Debt / Equity0.47
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Finshore Management Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Dudani Retail Ltd IPO subscribed? ▲

Dudani Retail Ltd IPO is subscribed 1.42 times by Sep 29, 2026. Retail: 2.31x. QIB: 1.00x. NII: 0.52x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)0.52x
Retail Individual2.31x
Total Subscription1.42x
What is Dudani Retail Ltd IPO retail subscription status? ▼

The Dudani Retail Ltd IPO retail category is subscribed 2.31 times as of 29 Sep 2026. The retail portion is oversubscribed.

How to subscribe Dudani Retail Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 25 Sep 2026 and closes 29 Sep 2026. Min investment: ₹116,000 (1 lot = 4,000 shares). UPI mandate: 5:00 PM on 29 Sep 2026.

How many times Dudani Retail Ltd IPO subscribed? ▼

The Dudani Retail Ltd IPO subscribed 1.42x overall. QIB: 1.00x, NII: 0.52x, Retail: 2.31x. Applications: from NSE/BSE.

How to check Dudani Retail Ltd IPO allotment? ▼

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Sep 2026. Refunds: on 01 Oct 2026.

When Dudani Retail Ltd IPO will be listed? ▼

The Dudani Retail Ltd IPO listing date is 05 Oct 2026, Monday. Listed on: BSE SME. Issue price: ₹29. Estimated listing: ₹29. GMP: NIL.

When Dudani Retail Ltd IPO close? ▼

The Dudani Retail Ltd IPO closes on 29 Sep 2026, Tuesday. UPI mandate: 5:00 PM on 29 Sep 2026. Allotment: 30 Sep 2026. Listing: 05 Oct 2026.