Rachit Prints Ltd IPO GMP, Date, Price Band & Review

Rachit Prints IPO is a BSE SME book-built offering set to commence on September 1, 2025, and conclude on September 3, 2025, featuring an Issue Price of ₹140–₹149 per equity share. The firm is launching its IPO with an aim of raising ₹19.1 -19.5 crore from the market via a fully fresh issuance of 13,08,000 equity shares, without any offer for sale. The minimum lot size is 1000 shares at a face value of ₹10 and at a higher price band, it will cost ₹1,49,000 for retail investors, whereas the issue will be listed on the BSE SME platform. Khambatta Securities is the sole merchant banker and Maashitla Securities is the registrar and dedicated market maker, in accordance with the subscribed and paid-up basis.

Company Background

Rachit Prints is based in Meerut, Uttar Pradesh & established in 2003, makes specialised fabrics for mattresses, which it supplies to large branded players and regional assemblers. The company has been transformed from a Partnership to a Private Limited Company and now a Public Limited Company in 2024, showing its longevity in business and planning for a public offer.

Operations & Product Range

Rachit Prints IPO is a manufacturer and exporter of Mattress Fabric and covers such as Knitted Jacquard, Woven Damask, Spacer, Print and specially designed fabric for comfort, durability & looks. The range also provides options from economy to premium mattresses, and in GSM, designs, colors, patterns and finishing to suit customer needs. The company is targeting B2B business with mattress brands and assemblers that are held responsible for quality, order turnarounds and logistics coordination in order to retain accounts.

Facility & Production

The Rachit Prints IPO has a state-of-the-art manufacturing facility located at Udyog Puram, Partapur industrial area, Meerut, Uttar Pradesh, operational at the same premises from fabric processing to printing and finishing, and also has flexible MOQs & faster changeovers. Processes include fabric preparation, rotary/screen printing, dyeing, heat-setting, cutting and stitching for covers, all enabled through QC checks at stages to minimize rejections and rework. Proximity to North India logistics routes helps dispatch to customers all over the Region on OEM Schedules with consistent lead times.

Brands & Market Presence

Rachit Prints IPO is a B2B supplier; the company’s brand recognition is built on its products’ performance and dependability for mattress OEMs, not consumer marketing. The trade receives media coverage highlighting marquee customers in the structured bedding segment, a broad footprint across major regional markets through OEM and assembler bases. Repeat orders, design refresh cycles and seasonally coordinated inventory planning can help to keep demand and the purse strings of those customers open.

Revenue Channels

• Business-to-business agreements for the sale of mattress fabrics and readymade covers to branded mattress OEMs and regional assemblers.
• Custom design and development fees are embedded in pricing for exclusive patterns or finishes for specific clients.
• Value-added processing and conversion solutions (cutting, sewing, packaging) for OEM-ready supply.

Management & Shareholding

Rachit Prints IPO is a promoter-led company with family leadership looking after strategy, operations and business development, with functional heads covering production, quality and finance. The company is raising growth capital through a 100% fresh issue, which would dilute promoter holdings while retaining operating control with the promoter group.

Promoters & Shareholding

Its promoters are the founder Anupam Kansal, Naina Kansal, and Rose Kansal and have taken the company from sole proprietorship/partnership to a corporate entity to a public company. The post-issue shareholding will reduce due to the fresh issue, but promoters are likely to still manage strategy, key customer relationships and product development.

Board Members

The board of Rachit Prints IPO includes promoter-directors and independent directors with responsibilities across audit, nomination & remuneration, and stakeholder relationship committees, aimed at aligning governance with public market norms. Executive management covers manufacturing, supply chain, sales, and finance to support timely deliveries and account servicing in OEM channels.