Dudani Retail IPO Details
Dudani Retail IPO Summary

Dudani Retail IPO opens for subscription on 25 Sep 2026 and closes on 29 Sep 2026.The IPO will be listed on BSE with the tentative listing date set for 05 Oct 2026.
Dudani Retail IPO price band has been fixed at ₹29 – ₹29 per share. The face value is ₹10 per share with a lot size of 4000.
Dudani Retail IPO total issue size comprises 36,36,000 shares (aggregating up to ₹10.54 Cr). This includes a fresh issue of 36,36,000 shares (aggregating up to ₹10.54 Cr). Pre-issue shareholding stands at 67,50,000, which will increase to 1,03,86,000 post-issue.
Dudani Retail IPO carries a ₹0.5 (1.72%) GMP, reflecting investor sentiment.
Dudani Retail IPO Lot Size :Individual Minimum is 2 lots (8,000 shares) amounting to ₹2,32,000. Individual Maximum is 2 lots (8,000 shares) amounting to ₹2,32,000. HNI Minimum is 3 lots (12,000 shares) amounting to ₹3,48,000.
Dudani Retail IPO Details
Dudani Retail IPO Subscription
Dudani Retail IPO Application Wise Breakup
Dudani Retail IPO Dates
- 25 Sep 2026Opening dateOpen
- 29 Sep 2026Closing dateClose
- 30 Sep 2026Allotment Date Allotment
- 01 Oct 2026Initiation of RefundsRefund
- 01 Oct 2026Credit of SharesCredit
- 05 Oct 2026Listing dateListing
Dudani Retail IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 8000 | ₹2,32,000 |
| Individual Maximum | 2 | 8000 | ₹2,32,000 |
| HNI Minimum | 3 | 12000 | ₹3,48,000 |
Dudani Retail IPO Reservation
Promoter Holding
Documents
Dudani Retail IPO Valuations
Dudani Retail Financial Information
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 16.21 | 14.28 | 10.59 | 11.96 |
| Total Income | 13.90 | 25.29 | 25.13 | 24.18 |
| Profit After Tax | 1.05 | 1.78 | 0.99 | 0.64 |
| EBITDA | 1.60 | 2.86 | 1.81 | 1.27 |
| NET Worth | 9.45 | 8.40 | 6.62 | 5.62 |
| Reserves and Surplus | 2.70 | 1.65 | 4.62 | 3.62 |
| Total Borrowing | 3.95 | 4.03 | 3.53 | 3.51 |
| Amount in ₹ Crore | ||||
About Dudani Retail IPO
Dudani Retail Limited, incorporated in December 2015, is engaged in the design, manufacturing, sourcing, and supply of apparel and related products. The company operates through a multi-channel business model, including own-brand sales, licensed manufacturing arrangements with fashion and lifestyle marketplaces, and supply partnerships with quick-commerce platforms.
The company’s core operations include the manufacturing of women’s ethnic and fusion wear, trading of men’s apparel, and fulfillment of just-in-time (JIT) orders for licensed brands through collaborations with leading fashion and lifestyle marketplaces.
Dudani Retail Limited operates from its facility located at F-93, 4th Floor, Kartarpura Industrial Area, Jaipur, Rajasthan, where key processes such as cutting, stitching, finishing, quality control, and dispatch are carried out in-house. Ancillary processes including fabric dyeing, printing, and embroidery are outsourced to third-party processors, enabling operational flexibility and scalability.
The company manufactures products under licensed arrangements with various fashion and lifestyle marketplaces, covering multiple labels such as Kalini, Corsica, Roadster, Anouk Rustic, All About You, Taavi, Navyaazri, Chandbaali, Baesd, ETC, Navibhu, and Here & Now.
In addition, the company supplies products to a quick-commerce platform under a sell-or-return model, wherein goods are delivered to platform hubs and ownership is transferred upon acceptance. Payments are received periodically based on actual sales after applicable margins.
Dudani Retail Limited distributes its products through multiple e-commerce marketplaces, including Myntra, Amazon, Flipkart, Ajio, and Nykaa Fashion, as well as through its own website, enabling wide market reach and customer access.
As of February 28, 2026, the company had a workforce of 35 employees, including its directors, supporting its business operations and growth.
Strength Of Dudani Retail IPO
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
Risk Of Dudani Retail IPO
- The Company, Promoter and Director are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, result of operations and financial conditions.
- The company does not have long term agreements for supply of its raw materials. If the company is unable to procure raw materials of the required quality and quantity, at competitive prices, the company's business, results of operations and financial condition may be adversely affected. Majority of its raw materials are sourced from few key suppliers. Discontinuation of operations of such suppliers may adversely affect its ability to source raw materials at a competitive price.
- Substantial portion of the company's revenues has been dependent upon few customers. The loss of any one or more of its would have a material effect on the company's business operations and profitability.
- The company's supply arrangement with a Quick-Commerce Company operates on a sell-or-return and sales-linked settlement model, exposing the company to risks relating to unsold inventory, rejections and timing of payments.
- The company has no physical retail store, resulting in dependence on online channels for customer acquisition and sales.
- Inaccuracies or discrepancies in certain statutory filings may attract regulatory scrutiny, and there can be no assurance of a favourable outcome if any adverse notice is issued.
- There are certain instances of delays in the past with ROC/Statutory Authorities.
- There have been some instances of delayed filing of returns and depositing of statutory dues with regulatory authorities.
- If the company is unable to manage its growth or execute the company's strategies effectively, the company's business plan and expansion may not be successful, and the company's business and prospects may be adversely affected.
- The company generates majority portion of sales from its operations in certain geographical regions and any adverse developments affecting the company's operations in this regions could have an adverse impact on its revenue and results of operations.
Objectives Dudani Retail IPO
1. Funding Capital Expenditure towards purchase of machinery for expansion and upgradation of existing manufacturing facility
2. Repayment and / or pre-payment, in full or in part, of certain outstanding borrowings availed by the company.
3. To meet Working Capital Requirements
4. To be utilized towards Strategic initiatives, partnerships, joint ventures and acquisitions; Brand building and strengthening of promotional, marketing activities and advisory; On-going general corporate exigencies or any other purposes as approved by the Board subject to compliance with the necessary regulatory provisions etc.
Company Contact Details
F-93, 3rd Floor, Kartarpura Industrial Area, 22 Godamjaipur, Station Road,
Jaipur, Rajasthan , 302006
Phone: +91 8690532399
Email: cs@dudaniretail.com
Website: https://divenaworld.com/
Registrar Contact Details
Dudani Retail FAQs
The Dudani Retail IPO is a SME public issue comprising 3636000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹10.54 Cr. The issue price has been fixed at ₹29 per equity share, and the minimum application size is 4000 shares.
The IPO opens for subscription on 25 Sep 2026, and closes on 29 Sep 2026.
Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0.5 (1.72%).

