Rachit Prints
September 1, 2025 – September 3, 2025
| Price | ₹140 - ₹149 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 1000 |
| Allotment | Sep 4, 2025 |
| Listing | Sep 8, 2025 |
Live Rate
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| P/E Ratio |
Rachit Prints Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| BSE | ₹119.20 | -₹29.80 | -20.00% |
Rachit Prints Subscription
Last updated on 03-Sep-2025 17:04:04
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 26000 | 26000 | 1 |
| HNIs | 608000 | 758000 | 1.25 |
| bHNI | 405000 | 639000 | 1.58 |
| sHNI | 203000 | 119000 | 0.59 |
| Individual | 608000 | 1666000 | 2.74 |
| Total | 1242000 | 2450000 | 1.97 |
Application-Wise Breakup  | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 135 | 36 | 0.27 |
| HNIs (3-10L) | 68 | 38 | 0.56 |
| Individual | 304 | 833 | 2.74 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.2 | @8% ₹0.2 | @9% ₹0.3 | @10% ₹0.3 | @11% ₹0.3 | @12% ₹0.3 |
Rachit Prints Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| bHNI | 7 | 7000 | 1043000 | 135 |
Rachit Prints Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 26000 | 1.99% |
| HNI | 608000 | 46.48% |
| INDIVIDUAL | 608000 | 46.48% |
| Market Maker | 66000 | 5.05% |
| Total | 1308000 | 100% |
Rachit Prints About
IPO Details
| Total Issue Size | 13,08,000 shares (aggregating up to ₹19.48 Cr) |
| Fresh Issue | 13,08,000 shares (aggregating up to ₹19.48 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 36,28,100 shares |
| Share Holding Post Issue | 49,36,100 Shares |
| Reserved for Market Maker | 66,000 shares (aggregating up to ₹0.9834 Cr) |
| Market Maker | Prabhat Financial Services Limited |
Key Performance Indicator (KPI)
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 51.34% | 45.64% | 9.87% |
| ROCE | 29.61% | 27.98% | 6.41% |
| DEBT / EQUITY | 0.75 | 1.17 | 4.31 |
| P/E PRE IPO | 11.85 | ||
| P/E POST IPO | 16.12 |
Company Financial (in ₹Crore)
| Period Ended | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| 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 and Surplus | 8.68 | 3.55 | 1.52 |
| Total Borrowing | 9.23 | 6.38 | 14.79 |
COMPARISON WITH INDUSTRY PEERS
*Company does not have any peer group company for comparison with Industry Peer.
About Company
- Incorporation: 2003
- Business Focus: Manufacturing of specialty fabrics for the mattress industry.
- Products & Trading: Manufactures knitted, printed, warp knit, and pillow fabrics, as well as binding tape. Also trades in comforters and bedsheets.
- Business Model: Operates on a B2B model, supplying printed and knitted fabrics to customers engaged in reselling or mattress production.
- Key Clients: Supplies to established brands such as Sleepwell, Kurlon Enterprises, and Prime Comfort Products.
Product Portfolio:
- Knitted Fabric: Circular knitted polyester fabric used in home furnishing and mattresses.
- Warp Knit Fabric: Fabrics with loops interlocked vertically along their length.
- Printed Fabric: Polyester-based mattress fabrics produced using advanced printing techniques.
- Flame Resistant Fabric: Naturally fire-resistant fibers or chemically treated fabrics that extinguish flames upon contact.
Strength
Looks like speculative gmp, so looks like avoid
Strong Market Presence: Established in 2003, the company holds a solid position in the specialty fabric segment for the mattress industry, supported by its focus on high-quality knitted, printed, and warp-knit fabrics.
Complete In-house Manufacturing: All stages of production—designing, weaving, printing, and finishing—are handled internally at its Meerut unit, ensuring strict quality control.
Direct Customer Connect: Its offline distribution model enables direct engagement with customers, meeting specific requirements and building strong relationships.
Weakness
Customer Concentration Risk: The company has long-term agreements with only two of its top 10 customers. Loss of key customers or reduced demand could adversely impact revenue and cash flows.
Supplier Dependence: The business relies on a limited number of suppliers for raw materials, and loss of any major supplier may disrupt operations.
Compliance Delays: There have been instances of minor delays in filing statutory returns under GST, EPF, and ESI regulations, indicating compliance risk.
Rachit Prints Latest Announcements
| Date | Subject | Attachment Text |
|---|
Rachit Prints Financial Results
Rachit Prints Lead Manager(s)
Rachit Prints Address
B-9, 10 & 11,
Udyog Puram, Delhi Road,IPO
Partapur,
Meerut, Uttar Pradesh, 250103
Phone: +91-8958342975
Email: cs@rachitprints.co.in