R.K.Fashion Accessories IPO GMP Today

The issue

R.K. Fashion Accessories Limited is a Kolkata-based imitation jewellery and cosmetics company that manufactures imitation jewellery through third-party contract manufacturers and trades branded cosmetics. Its product portfolio features traditional and contemporary fashion jewellery marketed under brands such as City Girl and Manikya. The company primarily supplies products through wholesale B2B channels to boutique owners, retailers, and export merchants, alongside growing retail and online operations.

R.K.Fashion Accessories Limited is a SME issue on NSE. The price band is ₹82. One lot is 1,600 shares, and the smallest application is 2 lots (3,200 shares, ₹2,62,400 at the top of the band). The issue size is ₹34.99 crore.

The public issue is entirely a fresh issue of ₹34.99 crore with no offer-for-sale component. The proceeds will be used to meet working capital requirements, establish a new plating facility in Baruipur, open a B2B showroom and B2C stores in Kolkata, fund inventory for the new outlets, and support general corporate purposes.

For FY26, total revenue rose 77.0% to ₹31.54 crore from ₹17.82 crore in FY25. Profit after tax (PAT) increased by 214.5% to ₹6.29 crore in FY26 from ₹2.00 crore in FY25.

R.K.Fashion Accessories listed on 12 Oct 2026 at −2.44% over the ₹82 issue price. The last grey-market premium before listing was +₹1.5 (+1.83%), so the listing came in below what the grey market implied.

Latest overall subscription on this edition is 2.70×. A multiple above 1.00× means applications for more shares than are on offer; it does not mean you will get shares. Retail allotment in an oversubscribed category is a lottery for one lot. The split across QIB, NII and retail is omitted unless it belongs to the same snapshot as this total.

The company faces geographic concentration risk, with eastern states (led by West Bengal) generating over 85% of revenue. It is also exposed to risks from complete reliance on third-party contract manufacturers for jewellery production and reported negative operating cash flows in FY26.

The timetable on the record is open 5 Oct 2026, close 7 Oct 2026, allotment 8 Oct 2026, listing 12 Oct 2026. The registrar is the one named in the red herring prospectus. This sheet does not guess. After listing, this page stays up. The grey-market mark becomes history, and the listing print replaces the expected-listing sketch. Do not apply because a premium looks large. Read the prospectus.

Company profile: AI analysis of the offer document and news coverage (2 Nov 2026). Sources: trendlyne.com, goodreturns.in, youtube.com, youtube.com, halalstock.in. Check the offer document before relying on a figure.