Dudani Retail

Dudani Retail

LISTED

IPO Date: 25 Sept - 29 Sept 2026

Listing Date: 5 Oct 2026

Price Range

₹29 per share

Issue Size

11 Cr

Min Investment

₹2,32,000

2 lots minimum (SEBI rule for SME)

Min Application

8000 Shares

4000 per lot × 2

View IPO Document

Schedule of Dudani Retail

  1. Issue open date

    25 Sept 2026

  2. Issue close date

    29 Sept 2026

  3. UPI mandate deadline

    29 Sept 2026 (5 PM)

  4. Allotment finalization

    30 Sept 2026

  5. Share credit

    1 Oct 2026

  6. Listing date

    5 Oct 2026

  7. Mandate end date

    14 Oct 2026

Issue size

Funds Raised in the IPOAmount
Overall11 Cr
Fresh Issue36.36 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date30 Sept 2026
Allotment Link{Link}

Grey Market Premium

New

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIPO PriceGMPEst. Listing Price
5 Oct 2026Latest---
4 Oct 2026---
3 Oct 2026---
2 Oct 2026---
1 Oct 2026---
30 Sept 2026---
29 Sept 2026---
28 Sept 2026---
27 Sept 2026---
26 Sept 2026---
25 Sept 2026---
24 Sept 2026---

Performance Dudani Retail

Issue PriceListing GainCurrent Market PriceP/L
₹29 per share....₹ 9.89NaN%

About Dudani Retail

Dudani Retail Limited is a Jaipur-based fashion and lifestyle company engaged in designing, manufacturing, sourcing and supplying apparel for women and men. Its own-brand business primarily operates under Divena, offering ethnic and fusion wear such as kurtas, suit sets, dresses, sarees and co-ord sets. The company also trades men’s apparel under Millennial Men and selected personal-care and lifestyle products under Cosse. In addition, it undertakes licensed manufacturing for fashion and lifestyle labels and supplies products through a quick-commerce arrangement. Its Jaipur facility handles cutting, stitching, finishing, quality checks and dispatch, while specialised processes such as dyeing, printing and embroidery are outsourced.

Founded in2015
Managing directorAkshay Dudani
Parent organization

Financial Overview

Strengths

4
  1. 1

    Diversified business model. Combination of own brands, licensed manufacturing and quick-commerce supply reduces reliance on a single business channel.

  2. 2

    In-house manufacturing. Key processes such as cutting, stitching, finishing and quality control are handled internally at its Jaipur facility.

  3. 3

    Multiple sales channels. Products are distributed through major online fashion/e-commerce platforms as well as the company’s own brand channels.

  4. 4

    Established brand and marketplace relationships. Manufacturing arrangements with multiple fashion labels provide access to established brands and recurring manufacturing opportunities.

Risks

4
  1. 1

    Dependence on fashion demand. Changing consumer preferences, fashion trends and seasonal demand can affect sales and inventory levels.

  2. 2

    Outsourcing dependency. Important value-added processes such as dyeing, printing and embroidery are performed by third-party processors, creating dependence on external vendors.

  3. 3

    Borrowings. The company had total borrowings of approximately ₹4.82 crore as of 31 March 2026, creating financial obligations and interest-related risks.

  4. 4

    Small operating scale. As of 31 August 2026, the company had only 33 permanent employees and 35 temporary personnel, which may create operational and scalability challenges as business volumes increase.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)0.52
Non-Institutional Investors (NIIs)0.01
Retail Individual Investors (RIIs)0.16
EmployeeN/A
Total0.08