Rachit Prints IPO Subscribed 1.97x on Day 3
Rachit Prints IPO was subscribed 1.97 times on the final day of bidding, i.e., 3rd September 2025, till 5.00 PM.
In total, the company received 24,50,000 share bids against 12,42,000 shares on offer.
This shows steady growth in demand as the IPO progressed, with strong momentum on the final day led by retail participation.
Established in 2003, Rachit Prints Limited is a well-known manufacturer of specialty fabrics catering primarily to the mattress and bedding industry. The company’s product portfolio includes:
The company manages end-to-end processes such as weaving, designing, printing, and finishing, ensuring customized and high-quality fabrics for its clients.
Rachit Prints relies on cotton yarn, viscose, spun, filament, and dyed yarn, sourced mainly from Delhi and Haryana, along with specialty chemicals for its textile production.
The company is a trusted supplier to reputed brands like Sleepwell, Kurlon Enterprises, and Prime Comfort Products. As of November 28, 2024, Rachit Prints employed 52 staff members.
This indicates a strong 23% revenue growth and more than 2x jump in profitability, reflecting better margins and operational efficiency.
As of Wednesday, 3rd September 2025, the Grey Market Premium (GMP) for Rachit Prints IPO stood at ₹13.
That suggests the IPO is trading at ₹162 in the grey market, compared to the issue price of ₹149, giving it a premium of 8.7%.
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