Rachit Prints IPO Subscription Status

The Rachit Prints IPO was subscribed 0.85 times on the second day (September 2, 2025, till 5:00 PM).

• Qualified Institutional Buyers (QIBs): 0.00x
• Non-Institutional Investors (NIIs): 0.71x
• Retail Individual Investors (RIIs): 1.02x

The IPO received bids for 10,53,000 shares against 12,42,000 shares on offer.

Day-wise subscription:

• Day 1: 0.52x
• Day 2: 0.85x

About Rachit Prints Limited

Established in 2003, Rachit Prints Limited is a leading manufacturer of specialty fabrics for the mattress industry. The company’s portfolio covers a wide range of products, including:

• Knitted & printed fabrics
• Warp knit fabrics
• Pillow fabrics
• Binding tapes
• Trading of comforters and bedsheets

Operations & Process

The company’s end-to-end process includes weaving, designing, printing, and finishing, producing fabrics tailored to client needs.

It sources raw materials such as cotton yarn, viscose, spun, filament, and dyed yarn directly from suppliers in Delhi and Haryana.

Clients & Reach

Rachit Prints manufactures fabrics for reputed brands like:

• Sleepwell
• Kurlon Enterprises
• Prime Comfort Products

As of November 28, 2024, the company employed 52 people.

Financial Performance

• Revenue: ₹41.78 crore in FY 2025 vs. ₹37.11 crore in FY 2024 (~12.6% growth)
• Profit After Tax (PAT): ₹4.56 crore in FY 2025 vs. ₹2.03 crore in FY 2024 (~124.1% growth)

The strong profit growth reflects improved operational efficiency and rising demand from mattress and textile brands.

Rachit Prints IPO GMP

As of Tuesday, September 2, 2025, the Grey Market Premium (GMP) stood at ₹13. This indicates that the IPO shares were trading at ₹162 in the grey market, reflecting a premium over the issue price of ₹149.