Rachit Prints IPO

Rachit Prints IPO is a book-built issue worth ₹19.49 crore. The issue is entirely a fresh issue of 0.13 crore shares, raising the full amount through equity. The IPO will open for subscription on September 1, 2025, and close on September 3, 2025.

The basis of allotment is expected to be finalised on September 4, 2025, with tentative listing scheduled on BSE SME for September 8, 2025. The price band for the Rachit Prints IPO has been fixed between ₹140 and ₹149 per share.

Investors can bid for Rachit Prints IPO with a minimum of 2 lots of 2,000 shares, having 1,000 shares in each lot. For retail investors, the minimum investment required is ₹2,98,000. For small non-institutional investors (sNII), the lot size stands at 3 lots, equal to 3,000 shares, amounting to ₹4,47,000. For big non-institutional investors (bNII), the lot size is 7 lots, which translates to 7,000 shares, requiring an investment of ₹10,43,000.

Khambatta Securities Ltd. is the book running lead manager (BRLM) and Maashitla Securities Pvt Ltd. is the registrar of the issue. The market maker of the company is Prabhat Financial Services Ltd. Detailed information is available in the Rachit Prints IPO RHP.

Rachit Prints IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

1. Working capital requirements
2. Towards the financing of the expansion plan, i.e capex.
3. Partial pre-payment of term loan to the bank
4. General Corporate Purposes.

About Rachit Prints Limited

Incorporated in 2003, Rachit Prints Ltd (RPL) is engaged in textile manufacturing activities with expertise in knitted and printed fabrics tailored for the mattress industry. Over the years, the company has established a resilient and sustainable business framework by operating its business through an offline distribution model.

RPL caters to a wide geographic market, supplying its products across several Indian states including Assam, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Punjab, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal.

The company focuses on producing a variety of specialty fabrics for mattresses, including knitted fabrics, printed fabrics, warp-knit fabrics, pillow fabrics, and binding tapes. Additionally, RPL is engaged in the trading of complementary products such as comforters and bedsheets. The company is particularly skilled in converting yarn into high-quality fabrics through knitting and printing techniques.

RPL primarily operates on a B2B (business-to-business) model, supplying its textile products to companies that either resell or use them in their own manufacturing processes. The company has built strong relationships with major mattress brands such as Sleepwell, Kurlon Enterprise Limited, and Prime Comfort Products Private Limited. A large portion of its production is order-based, ensuring that products are tailored to the exact specifications of each client.

As of June 30, 2025, Rachit Prints Ltd. employed a workforce of 96 personnel, dedicated to delivering high-quality, customised fabric solutions to its growing clientele.

Industry Outlook

1. India is among the world’s largest producers and exporters of readymade garments, supported by a robust domestic market that has emerged as one of the fastest-growing globally. The sector plays a vital role in employment generation, with apparel manufacturing alone employing approximately 12.3 million people.
2. As per the Confederation of Indian Industry (CII), the Indian textile and apparel industry is expected to grow at a 10% CAGR from FY20 to FY26, reaching an estimated USD 190 billion.
3. The domestic apparel market, which was valued at USD 40 billion in 2020, is projected to expand to USD 135 billion by 2025, driven by rising incomes, urbanisation, and evolving fashion preferences.
4. In recent years, however, the industry has faced cyclical challenges. Consumer discretionary spending has moderated amid macroeconomic uncertainty, impacting domestic sales.

How To Apply for the Rachit Prints IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the Rachit Prints IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

How To Check the Allotment Status of Rachit Prints IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of Rachit Prints IPO

B-9, 10 & 11, Udyog Puram, Delhi Road, Partapur, Meerut, Uttar Pradesh-250103, India.

Phone: + 91-8958342975

E-mail: cs@rachitprints.co.in 

Rachit Prints IPO Reservation

Rachit Prints IPO Lot Size Details

Rachit Prints IPO Promoter Holding

The promoters of the company are Mr. Anupam Kansal, Ms. Naina Kansal, and Ms. Rose Kansal.

Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.

Key Performance Indicators for Rachit Prints IPO

Rachit Prints IPO Prospectus

• Rachit Prints IPO DRHP
• Rachit Prints IPORHP

Rachit Prints IPO Registrar and Lead Managers

Rachit Prints IPO Lead Managers

• Khambatta Securities Ltd

Registrar for Rachit Prints IPO

Maashitla Securities Pvt.Ltd.

• Contact Number: +011-47581432 Email: ipo@maashitla.com
• Email Address: ipo@maashitla.com

Financial Performance of Rachit Prints Limited

Know before investing

Strengths

1. Strong presence in the specialty fabric segment catering specifically to the mattress industry.

2. Offers a wide range of knitted, printed, and warp-knit fabrics for specialised applications.

3. Integrated operations from design to finishing ensuring consistent quality and control.

4. The offline sales model enables direct interaction and customized fabric solutions.

5. Increasing preference for high-quality, durable fabrics in the mattress industry.

6. Potential to extend offerings to adjacent home furnishing and upholstery segments.

7. Tailored services and direct relationships create long-term customer retention opportunities.

8. Reduced power and fuel costs present room for margin improvement.

Risks

1. Heavy reliance on a few key customers makes revenue vulnerable to demand fluctuations.

2. Limited supplier base for raw materials poses a risk to production continuity.

3. Fluctuations in yarn and chemical costs significantly impact margins.

4. Focus on mattress fabrics restricts diversification into broader textile markets.

5. Operations concentrated in Meerut expose the company to regional disruptions.

6. Faces intense competition from larger, well-diversified players like Welspun and Sleepwell.

7. Few long-term agreements reduce order visibility and revenue predictability.

8. History of negative cash flows across operations, investing, and financing activities poses financial risks.