243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Rachit Prints Limited

Meerut

Date of DRHP : 02 Dec 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Rachit Prints Basic Details

   Textiles

Sub Sector: manufacturing of Speciality fabric tailored for mattresses such as knitted fabric, printed fabric, warp knit, pillow fabric, Binding Tape and trading of the comforters and bedsheets

Exchange:
BSE Emerge

About the Company

Rachit Prints is engaged in the manufacturing of Speciality fabric tailored for mattresses such as knitted fabric, printed fabric, warp knit, pillow fabric, Binding Tape and trading of the comforters and bedsheets. Their production process begins with yarn procurement and encompasses inhouse weaving, designing, printing, and finishing, resulting in knitted and printed fabrics crafted to meet their clients' customized specifications. Specializing in knitted Fabrics, printed Fabrics, and warp knit, they source yarn and chemicals to produce specialized textiles. The Company is specialised in converting yarn into fabric through knitting of fabrics and printing. Their raw material is ‘Cotton yarn’ ‘Viscose’ ‘Spun’ ‘Filament’ ‘Dyed Yarn’ procured from Delhi and Haryana from which they produce fabric. They primarily follow a B2B (business-to-business) model for their products. Their customers buy the printed fabric and knitted fabric from them in order to further sell them or produce. They produce their prdocuts for leading brands like Sleepwell, Kurlon Enterprises and Prime Comfort Products Private Limited. Majority of their work is on order basis. After an order is received, they send it to the factory to analyse the required raw material specification, designs and manufacturing specifications to have an idea about the raw materials available and raw materials needed to process the order timely with the best quality results. After checking the calculation for the balance raw materials needed, they make them available for their factory workers to initiate the production. Once, the production gets completed they approve the quality and designs and then work towards the finishing of complete order.

Financial Summary (Annualised Basis)

Revenue :
39.24 Cr.

PAT :
4.12 Cr.

Rachit Prints IPO Lead Manager(s)

Khambatta Securities Limited

Rachit Prints IPO Registrar

Maashitla Securities Private Limited

Rachit Prints DRHP Details

Objects of issue

  • To meet the working capital requirements of the Company
  • To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery
  • Partial Pre-payment of term loans to banks
  • General Corporate Purpose

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FAQs

Rachit Prints operates in Textiles and manufacturing of Speciality fabric tailored for mattresses such as knitted fabric, printed fabric, warp knit, pillow fabric, Binding Tape and trading of the comforters and bedsheets. The Issue would be listed on SME. The registrar of the Issue is Maashitla Securities Private Limited. The IPO type of Rachit Prints is Book Building Process and Object of issue is

  • To meet the working capital requirements of the Company
  • To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery
  • Partial Pre-payment of term loans to banks
  • General Corporate Purpose

The DRHP (Draft Red Herring Prospectus) of Rachit Prints IPO was filed on 02 Dec 2024.

No, Rachit Prints IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Rachit Prints are not available now. You can apply in Rachit Prints IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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