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  5. Rachit Prints IPO kicks off: Check live subscription numbers, price band, lot size, key dates and more

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Rachit Prints IPO kicks off: Check live subscription numbers, price band, lot size, key dates and more

Kamal Joshi
By Kamal Joshi

3 min read | Updated on September 01, 2025, 15:37 IST

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SUMMARY

Rachit Prints IPO: The ₹19.49 crore initial share sale is a fresh issuance of 0.13 crore equity shares, without an offer for sale (OFS) component.

Established in 2003, Rachit Prints makes an array of fabrics utilised in the mattress industry. | Image: Shutterstock

Established in 2003, Rachit Prints makes an array of fabrics utilised in the mattress industry. | Image: Shutterstock

Rachit Prints IPO: Meerut-based speciality fabric manufacturer Rachit Prints' initial public offering opened for bidding on Monday, September 1. The issue will conclude on Wednesday, September 3. The price band has been fixed at ₹140 to ₹149 per share.

The ₹19.49 crore initial share sale is a fresh issuance of 0.13 crore equity shares, without an offer for sale (OFS) component.

The capital generated will be utilised for working capital requirements, partial prepayment of term loans, capital expenditure towards the purchase of plant and machinery and general corporate purposes.

Rachit Prints IPO day 1: Subscription status

Category (As of 3:37 pm)Subscription Status
Qualified Institutional Buyers (QIBs)--
Non-Institutional Investors34%
Retail Investors35%
Total34%

Rachit Prints IPO lot size

A lot consists of 1,000 shares. Individual investors can apply for a minimum of two lots or 2,000 shares.

Upcoming IPOs this week: Amanta Healthcare, Austere Systems, among 8 offers to open; 13 listings scheduled; check list

Rachit Prints IPO timeline: Allotment and listing dates

EventDate
Subscription periodSeptember 1 to September 3
Basis of allotmentSeptember 4
Initiation of RefundsSeptember 5
Credit of Shares to DematSeptember 5
Listing date on BSE SMESeptember 8

About Rachit Prints

Established in 2003, Rachit Prints makes an array of fabrics utilised in the mattress industry, including printed and knitted fabrics, pillow fabric, warp knit, and binding tape.

It also trades in comforters and bedsheets. Operating on a business-to-business model, the company's products are supplied to leading brands like Kurlon Enterprises Ltd, Sleepwell, and Prime Comfort Products.

The company posted revenue from operations of ₹41.70 crore and a profit after tax (PAT) of ₹4.56 crore in FY25, as compared with revenue of ₹37.08 crore and a net profit of ₹2.03 crore in the previous fiscal.

Khambatta Securities is the IPO's book-running lead manager, while Maashitla Securities Pvt Ltd is the registrar.

Rachit Prints IPO GMP

According to investorgain.com and media reports, Rachit Prints' unlisted shares are trading at ₹170 per share, reflecting a grey market premium (GMP) of 14.09% over the upper price band of ₹149.
Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.