R.K. Fashion Accessories SME IPO opens for subscription. Check price band, lot size and key details

The R.K. Fashion Accessories IPO opened for subscription on Monday, October 5, 2026, giving investors a three-day window to bid for shares. The public issue will remain open until October 7, with the allotment expected to be finalised on October 8.

The R.K. Fashion Accessories IPO is a book-built issue worth Rs 34.99 crore, comprising a fresh issue of 42.67 lakh shares. There is no offer-for-sale (OFS) component in the offer.

The company has fixed the IPO price band at Rs 77–82 per share, with a lot size of 1,600 shares. At the upper end of the price band, retail investors are required to apply for a minimum of two lots, or 3,200 shares, involving an investment of Rs 2,62,400.


For high-net-worth individuals (HNIs), the minimum application is three lots, or 4,800 shares, requiring an investment of Rs 3,93,600 at the upper price band.

Following the IPO, the shares are proposed to be listed on the NSE SME platform. The tentative listing date is October 12, 2026.

Affinity Global Capital Market Pvt Ltd is the book-running lead manager to the issue, while Cameo Corporate Services Ltd is the registrar. Anant Securities is the market maker for the issue.

IPO Objects of the Issue

The company proposes to utilise the net proceeds from the IPO primarily to meet its working capital requirements, for which Rs 5.21 crore has been earmarked. It also plans to allocate Rs 8.80 crore towards setting up a new plating facility in Baruipur, Kolkata, West Bengal, and Rs 5.37 crore towards establishing a new B2B showroom in Kolkata.

Further, Rs 2.48 crore will be used to complete B2C stores in Kolkata, while Rs 5.60 crore has been earmarked for inventory costs for the proposed new showroom and stores. The remaining proceeds will be utilised for general corporate purposes. The total amount proposed to be utilised towards these objectives stands at Rs 27.47 crore.

Financial Performance

R.K. Fashion Accessories Ltd. reported a strong improvement in its financial performance in FY26, with total income rising 77% to Rs 32 crore from Rs 18 crore in FY25. The growth reflects a significant increase in the company's revenue during the year ended March 31, 2026.

Profitability also strengthened during the period, with profit after tax (PAT) increasing 215% to Rs 6 crore in FY26 from Rs 2 crore in FY25. The sharp rise in profit indicates a substantial improvement in the company's earnings during the year.

About R.K.Fashion Accessories Ltd.

Incorporated in March 2010, R.K. Fashion Accessories Ltd. is engaged in manufacturing imitation jewellery through contract manufacturers and its wholesale distribution, along with trading branded cosmetics. Its portfolio includes handcrafted imitation jewellery that blends traditional designs with contemporary styles. The company caters to both B2B and B2C segments through wholesale, retail and online channels and has also adopted a multi-platform e-commerce strategy. It is developing a property on Rash Behari Avenue, Kolkata, to strengthen its retail presence and expand its B2C customer base.

The company focuses on product quality through multi-stage inspection and quality control processes and has built relationships with customers through its B2B operations. As of June 30, 2026, it had 50 permanent employees, including directors and key managerial personnel, supported by contractual workers based on business requirements and order volumes. Its workforce spans operations, management, finance, marketing, design, sales, customer service, packaging, quality control and human resources.

Disclaimer: The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here