In August 2025, India’s SME IPO segment continues to see investor interest with several promising small-cap companies entering the market. Retail participation remains a key driver, and companies with niche product portfolios or a B2B model are increasingly attracting attention.
Amid this backdrop, Rachit Prints Limited is opening its IPO on September 1, 2025. Here is a detailed insight into Rachit Prints Limited, its IPO, and the industry outlook.
About Rachit Prints Ltd.
Incorporated in 2003, Rachit Prints Limited manufactures specialty fabrics for the mattress industry. The company produces knitted, printed, warp-knit, and pillow fabrics, along with binding tapes. It also trades comforters and bedsheets.
Rachit Prints follows a B2B model, supplying fabrics to brands like Sleepwell, Kurlon Enterprises, and Prime Comfort Products. Its product offerings include:
- Knitted Fabric: Circular knitted fabrics made of polyester yarns, used in home furnishing and mattresses.
- Warp Knit: Loops interlock vertically along the fabric length, creating durable knit structures.
- Printed Fabric: Polyester printed fabrics using advanced printing techniques.
- Flame-Resistant Fabric: Fibers naturally resist burning; some treated for enhanced fire resistance.
The company benefits from a well-experienced management team, advanced knitting technology, government incentives, and sustained industry alliances.
Rachit Prints Ltd. IPO Details
Rachit Prints Ltd. IPO is a fresh issue of 13,08,000 shares, aggregating up to ₹19.49 crore. The IPO will be listed on BSE SME.
| Detail | Information |
| IPO Date | September 1, 2025 – September 3, 2025 |
| Listing Date (Tentative) | September 8, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹140 – ₹149 per share |
| Lot Size | 1,000 shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 13,08,000 shares (₹19.49 Cr) |
| Reserved for Market Maker | 66,000 shares (₹0.9834 Cr) |
| Net Offered to Public | 12,42,000 shares (₹18.51 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 36,28,100 shares |
| Shareholding Post-Issue | 49,36,100 shares |
Rachit Prints IPO Reservation
| Investor Category | Shares Offered |
| Market Maker | 66,000 (5.05%) |
| QIB | 26,000 (1.99%) |
| NII (HNI) | 6,08,000 (46.48%) |
| Retail Investors | 6,08,000 (46.48%) |
| Total | 13,08,000 (100%) |
Rachit Prints IPO Timeline (Tentative)
| Event | Date |
| IPO Open Date | Mon, Sep 1, 2025 |
| IPO Close Date | Wed, Sep 3, 2025 |
| Tentative Allotment | Thu, Sep 4, 2025 |
| Initiation of Refunds | Fri, Sep 5, 2025 |
| Credit of Shares to Demat | Fri, Sep 5, 2025 |
| Tentative Listing Date | Mon, Sep 8, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM, Sep 3, 2025 |
Rachit Prints IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 2 | 2,000 | ₹2,98,000 |
| Retail (Max) | 2 | 2,000 | ₹2,98,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,47,000 |
| S-HNI (Max) | 6 | 6,000 | ₹8,94,000 |
| B-HNI (Min) | 7 | 7,000 | ₹10,43,000 |
Rachit Prints Ltd. Promoter Holding
| Promoters | Holding Pre-Issue | Holding Post-Issue |
| Mr. Anupam Kansal, Ms. Naina Kansal, Ms. Rose Kansal | 92.09% | 67.69% |
Rachit Prints Ltd. Financials
Financial Information (Restated Standalone, ₹ Crore)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 26.09 | 19.02 | 23.27 |
| Total Income | 41.78 | 37.11 | 32.39 |
| Profit After Tax | 4.56 | 2.03 | 0.32 |
| EBITDA | 7.23 | 4.27 | 2.01 |
| Net Worth | 12.31 | 5.46 | 3.43 |
| Reserves & Surplus | 8.68 | 3.55 | 1.52 |
| Total Borrowing | 9.23 | 6.38 | 14.79 |
Key Performance Indicators (KPI)
The market capitalisation of Rachit Prints IPO is ₹73.55 Cr.
| KPI | Value |
| ROE | 51.34% |
| ROCE | 29.61% |
| Debt/Equity | 0.75 |
| RoNW | 37.06% |
| PAT Margin | 10.94% |
| EBITDA Margin | 17.33% |
| Price to Book Value | 4.24 |
| Metrics | Pre-IPO | Post-IPO |
| EPS (₹) | 12.57 | 9.24 |
| P/E (x) | 11.85 | 16.12 |
Objects of the Issue
| S.No. | Objects | Expected Amount (₹ Cr) |
| 1 | Working Capital Requirement | 9.50 |
| 2 | Capital Expenditure for Plant & Machinery | 4.40 |
| 3 | Partial Prepayment of Bank Term Loans | 1.32 |
| 4 | General Corporate Purpose | – |
Conclusion
Rachit Prints Ltd. offers an opportunity to invest in a niche segment of the mattress fabric industry, backed by experienced management, technological capabilities, and strong brand alliances. Consistent revenue growth and profitability are positives; however, investors should consider pricing, industry competition, and long-term sustainability before investing. Those seeking exposure to B2B specialty fabrics with moderate risk may find this IPO interesting for a medium-term investment horizon.
If you are exploring more investment opportunities, check out our dedicated page on upcoming IPO listings to stay updated on the latest market offerings.
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