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Dudani Retail Limited IPO Allotment Status

Written by: Team Angel OneUpdated on: 30 Sept 2026, 2:15 am IST
Dudani Retail Limited’s SME IPO closes for subscription today, September 29, 2026. The basis of allotment is expected to be finalised on September 30, 2026, and the shares are scheduled to list on the BSE SME platform on October 5, 2026.
Dudani Retail Limited IPO
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Dudani Retail IPO is a fixed price issue. 

Dudani Retail Limited is a fixed-price BSE SME IPO with an issue price of ₹29 per equity share. The bidding window opened on September 25, 2026, and closes today, September 29, 2026. 

The basis of allotment is expected to be finalised on September 30, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on October 1, 2026, while the shares are scheduled to list on BSE SME on October 5, 2026. 

The IPO has a market lot of 4,000 shares. The minimum retail application is two lots, or 8,000 shares, requiring ₹2,32,000. 

Finshore Management Services Ltd. is the book running lead manager. 

Investors can check Dudani Retail IPO allotment status after the basis of allotment is finalised through Maashitla Securities Private Limited, the registrar to the issue, or through the NSE/BSE IPO-status facilities. 

How to Check Dudani Retail IPO Allotment Status Online on BSE? 

  • Visit the BSE IPO allotment-status page.
  • Select “SME” under Issue Type.
  • Choose “Dudani Retail Limited” from the Issue Name dropdown after the allotment data is published.
  • Enter your Application Number or PAN.
  • Tick the “I’m not a robot” captcha.
  • Click on Search to view your application and allotment status. 

How to Check Dudani Retail IPO Allotment Status on the Registrar’s Website? 

  • Visit the official Maashitla Securities IPO allotment-status website.
  • Select “Dudani Retail Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
  • Choose PAN, Application Number or DP ID/Client ID as the search method.
  • Enter the required details.
  • Complete the captcha verification.
  • Click on Submit or Search to view your allotment result. 

Dudani Retail IPO Details 

Dudani Retail IPO is a fixed price issue. 

Dudani Retail’s IPO is priced at ₹29 per equity share. The face value of each equity share is ₹10. The company’s issue is proposed to list on the BSE SME platform. 

The IPO opened on September 25, 2026, and closes on September 29, 2026. The basis of allotment is expected on September 30, 2026, refunds and demat credits are expected on October 1, 2026, and the shares are scheduled to list on BSE SME on October 5, 2026. 

The market lot comprises 4,000 shares. The minimum retail application is two lots, or 8,000 shares, requiring ₹2,32,000. Applications can be made in permitted multiples of 4,000 shares thereafter. 

Allocation Quota for Dudani Retail IPO 

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% 
Firm Reservations       
Market Maker 1,84,000   5.06% 
Total 36,36,000 100.00% 100.00% 

Note: Category-wise shares offered and subscription figures vary slightly across sources and updates; the final basis of allotment published by Maashitla Securities will be definitive. 

Dudani Retail IPO – Overall Subscription Status 

As of the latest available update on September 29, 2026, at 6:54:46 PM (Day 3), the Dudani Retail IPO was subscribed 1.42 times overall. The non-institutional investor (NII) category was subscribed 0.52 times and the retail (Individual Investors) category 2.31 times. These figures may change slightly following exchange reconciliation after the issue closes. 

Dudani Retail IPO Subscription Details 

Category Subscription (x) Shares Offered Shares Bid For Total Amount (₹ Crore) 
Market Maker 1 1,84,000 1,84,000 0.53 
NII 0.52 17,24,000 9,04,000 2.62 
Individual Investors 2.31 17,28,000 40,00,000 11.60 
Total 1.42 34,52,000 49,04,000 14.22 

Note: Shares Offered and Total Amount are calculated at the upper price band. The Total row excludes the Anchor and Market Maker portions, and the NII figures exclude the Market Maker portion. 

Read More: NSE Share Price: Stock Lists at ₹1800.00 With a 0.84% Premium on BSE!  

Dudani Retail Business Overview 

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. 

Dudani Retail IPO allotment status is expected to be available on September 30, 2026, after approval of the basis of allotment. Investors should check Maashitla Securities or BSE using their PAN, application number or DP ID/Client ID. 

Know more about IPO allotment status and check your application details online for the latest updates on share allocation. 

Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Published on: Sep 29, 2026, 8:45 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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