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Dudani Retail IPO

Incorporated in 2015, Dudani Retail is one of the leading designers and manufacturers of apparel and related products. Particularly focusing on offering ladies’ kurtis with elegant style and beautiful designs at affordable prices. Its product portfolio includes ladies’ kurtis, women’s wear, ladies’ suits, fancy tops, rayon ladies’ kurtis, girls’ tops, and men’s shirts, available in different colors, fabrics, and sleeve types, suitable for any work or occasion and for any size.

IPO GMP

+₹1

+3% expected gain

Price Band

₹29

Lot Size

8000 shares

Min Investment

₹2,32,000

Listing Date

October 5, 2026

About Dudani Retail

Company overview, business, and key facts.

Incorporated in 2015, Dudani Retail is one of the leading designers and manufacturers of apparel and related products. Particularly focusing on offering ladies’ kurtis with elegant style and beautiful designs at affordable prices. Its product portfolio includes ladies’ kurtis, women’s wear, ladies’ suits, fancy tops, rayon ladies’ kurtis, girls’ tops, and men’s shirts, available in different colors, fabrics, and sleeve types, suitable for any work or occasion and for any size.

The firm has over 6 years of experience in the manufacturing of women’s ethnic fusion wear and trading men’s wear. The firm operates in Jaipur, Rajasthan, where it handles every process, from cutting and stitching to finishing, quality checks, and dispatch. The firm’s products are sold under various E-commerce websites like Myntra, Amazon, Flipkart, Ajio, Nykaa Fashion, and via our website.

Founded

2015

Headquarters

Jaipur, Rajasthan

IPO Details

Issue TypeFixed Price Issue
Face Value₹10
Price Band₹29
Lot Size8000 shares
Total Issue Size₹11 Cr
Fresh Issue₹11 Cr
Offer for Sale—
Listing AtBSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)—
Non-Institutional (NII)0.52x
Retail Individual (RII)2.31x
Total Subscription1.42x

Financials

Restated summary financials for the most recent periods.

PeriodRevenueProfitAssets
2023₹24.18₹0.64₹11.96
2024₹25.13₹0.99₹10.59
2025₹25.29₹1.78₹14.28
2026₹24.59₹1.90₹17.01

Figures are indicative and restated for presentation.

Dudani Retail IPO Key Numbers

Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

Market cap at upper band

₹30.1 Cr

Post-IPO shares × upper price band

P/E on 2026 profit

15.8x

Peer median 25.2x (discount of 37.3%)

Price to sales

1.22x

Revenue growth, 2026

-2.8%

0.6% a year over the period

Profit growth, 2026

+6.7%

43.7% a year over the period

Profit margin (PAT)

7.7%

EBITDA margin 12.07%

ROE / ROCE

18.46% / 25.88%

As published in the offer document

Debt to equity

0.47

Promoter holding

100% → 64.99%

Before → after the IPO

Issue mix

100% fresh / 0% sale

Fresh issue goes to the company, offer for sale to selling shareholders

GMP-implied gain per lot

₹8,000

8000 shares on ₹2,32,000. GMP is unofficial.

What stands out

  • Priced at a 37.3% discount to the peer median P/E of 25.2.
  • GMP has been rising over the last three readings.

Watch-outs

  • Revenue fell 2.8% in 2026.
Listing price scenarios
If the current GMP holds₹30.00+3.4%
If the grey market premium disappears₹29.000%

Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

Not yet available for this IPO: published risk factors.

IPO Analysis SummaryAI-generated

A plain-language review of Dudani Retail's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

Dudani Retail IPO Review

Analysis based on live GMP, subscription, and issue details.

As of today, Dudani Retail IPO is trading at a grey market premium (GMP) of +₹1 (+3% estimated listing gain), indicating positive market sentiment.

The IPO has been subscribed 1.42x overall — QIB: —, NII: 0.52x, Retail: 2.31x.

Dudani Retail IPO subscription has closed. The shares are expected to list on October 5, 2026.

The minimum investment required is ₹2,32,000 for 8000 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

Dudani Retail IPO — Frequently Asked Questions

What is Dudani Retail IPO GMP today?

Dudani Retail IPO GMP (grey market premium) today is +₹1, suggesting an estimated listing gain of +3%. GMP is indicative and subject to change.

What is the price band of Dudani Retail IPO?

The price band for Dudani Retail IPO is ₹29 with a lot size of 8000 shares. The minimum investment required is ₹2,32,000.

When is Dudani Retail IPO allotment date?

Dudani Retail IPO allotment is expected to be finalised on September 30, 2026. You can check your allotment status on the registrar's website (Maashitla Securities Pvt. Ltd.) using your PAN number.

When will Dudani Retail IPO list on NSE/BSE?

Dudani Retail IPO is expected to list on BSE SME on October 5, 2026.

How to check Dudani Retail IPO allotment status?

To check Dudani Retail IPO allotment status, visit the registrar's website (Maashitla Securities Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

Should I apply for Dudani Retail IPO?

Dudani Retail IPO has a GMP of +₹1. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.

What is the lot size of Dudani Retail IPO?

The lot size for Dudani Retail IPO is 8000 shares per lot. The minimum investment for retail investors is ₹2,32,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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