Rachit Prints Limited IPO

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Rachit Prints Limited, formerly known as Rachit Prints Private Limited, was established in 2003 after taking over the business of M/s Rachit Prints, a partnership firm promoted by Mr. Anupam Kansal. The company is engaged in manufacturing specialty knitted and printed fabrics tailored for the mattress industry. Over the years, it has built a sustainable offline business model supported by automated manufacturing facilities and advanced machinery.

Business Operations

i) Core Products: Knitted fabric, printed fabric, warp knit, pillow fabric, binding tape, comforters, and bedsheets.

ii) Manufacturing Process: Starts from yarn procurement (cotton yarn, viscose, spun, filament, dyed yarn) and covers weaving, designing, printing, and finishing.

iii) Distribution: Operates on a B2B model, primarily catering to mattress manufacturers like Sleepwell, Kurlon Enterprise Limited, and Prime Comfort Products Pvt. Ltd.

iv) Geographical Reach: Supplies products across major Indian states including Assam, Delhi, Gujarat, Haryana, Himachal Pradesh, J&K, Karnataka, Maharashtra, Odisha, Punjab, Tamil Nadu, Telangana, Uttar Pradesh, Rajasthan, and West Bengal.

Product Portfolio

1. Knitted Fabric (Circular Knit): Made from polyester yarns for home furnishing and mattress use.
2. Warp Knit Fabric: Vertically interlocked loops for strength and durability.
3. Printed Fabric: Polyester fabrics produced using advanced printing techniques.
4. Comforters: Fabric shells with warm filling for bedding solutions.
5. Flame-Resistant Fabric: Specially treated or naturally resistant fibers.
6. Binding Tape (Mattress Tape): Customized colored and designed tapes used for mattress finishing.

Competitive Strengths

i) Experienced Management Team – Decades of expertise from the promoters in textiles and specialty fabrics.
ii) Advanced Knitting Technology – 18 state-of-the-art imported knitting machines enabling faster, customized production.
iii) Government Incentives – Benefits under Amended Technology Upgradation Fund Scheme (ATUFS) supporting capital investment and expansion.
iv) Sustained Alliances – Long-term B2B relationships, including MoUs with Sheela Foam Limited and Kurlon Enterprise Limited for bulk supply of fabrics.

Objects of the Rachit Prints Limited IPO:

Company intends to utilize the proceeds of the Issue to meet the following objects: - 1. To meet the working capital requirements (₹9.50 cr) 2. To fund the expansion plan of the Company (₹4.40 cr) 3. Partial Pre-payment of term loans to banks (₹1.32 cr) 4. General Corporate Purpose.

Rachit Prints Limited IPO Details:

Open Date: Sep 01 2025
Close Date: Sep 03 2025
Total Shares: 13,08,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Building
Issue Size: 19.49 Cr.
Lot Size: 1000 Shares
Issue Price: ₹ 140-149 Per Equity Share
Listing At: NSE Emerge

Promoters And Management:

1. Mr. Anupam Kansal – Promoter & Managing Director, 54, is the Promoter and Managing Director of the Company. A first-generation entrepreneur, he established M/s Rachit Prints in 1985. With over three decades of experience in the textile and apparel industry, he actively manages the Company’s operations, continually seeking new opportunities and technological advancements. 2. Ms. Naina Kansal – Promoter & Whole-Time Director, 51, is the Promoter and Whole-Time Director of the Company. A science graduate from Meerut University (1997), she also operates Elite Traders, engaged in fabric and thread trading, which supplies materials to Rachit Prints Limited. With two decades of experience in specialty fabric manufacturing, she plays a key role in strategic decision-making and business growth. 3. Ms. Rose Kansal – Non-Executive Director, 23, serves as a Non-Executive Director of the Company. With over two years of experience, she is currently pursuing an engineering degree in Computer Science and Technology at Netaji Subhas Institute of Technology. Her academic background, innovative ideas, and agile mindset bring fresh perspectives to the Company’s operations.

Financials of Rachit Prints Limited IPO:

Particulars FY2024-2025 FY2024-2025 FY 2022-2023
Revenue from Operations 41.70 37.08 32.32
EBITDA 7.22 4.27 2
EBITDA Margins 17.33% 11.52% 6.21%
PAT 4.56 2.02 0.32
PAT Margins 10.94% 5.47% 1.00%
ROCE 29.61% 27.98% 6.41%
Debt to Equity Ratio(In Times) 0.75 1.17 4.31
Operating Cash Flows 0.46 9.18 -1.36

Comparison With Peers:

As Red Herring Prospectus, there are no listed peers comparable to this Company .

Lead Manager of Rachit Prints Limited IPO:

  1. Khambatta Securities Limited

Registrar of Rachit Prints Limited IPO:

  1. Maashitla Securities Pvt. Limited

Discussion on Rachit Prints Limited IPO:

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