Rajnandini Fashion India Ltd IPO

Wide range of products across multiple price points.

Presence across multiple online platforms.

In-house manufacturing facilities.

Experienced Management Team & Promoters.

The company is a womens apparel design, manufacturing and retail company which is vulnerable to variations in demand andchanges in consumer preferences, which could has an adverse effect on its business, results of operations and financialcondition.

The company has recently commenced in-house manufacturing of its products and given the company limited operating history inmanufacturing, its may faces challenges that could adversely affect the company business, financial condition, results of operationsand future growth prospects.

The company derives a significant portion of its revenue from fabric and apparel trading activities, which is a low-margin andcompetitive business and may expose its to risks that could adversely affect the company financial performance.

The company relies substantially on third-party e-commerce platforms for a significant portion of its business and any decision bysuch platforms to change their policies, delist or restrict sellers, increase fees or commissions, or otherwise alter theiroperations could adversely affect the company business, financial condition and results of operations.

The company business is dependent on the sale of casual and ethnic wear products which contributed 78.84%, 75.33%, 90.97% and97.72% of its revenue from operations for the period ended December 31, 2025, and for Fiscals 2025, 2024 and 2023,respectively. Any variations in demand and changes in customer preferences could has an adverse effect on the company business,financial condition, results of operations and cash flows.

The company does not has long-term agreements with its customers and the company revenues is significantly dependent on recurringpurchase orders, particularly from the company top B2B customers.

The company dependence on a limited number of suppliers for raw materials, coupled with volatility in raw material prices andincreases in operational costs, could adversely affect its business, financial condition, results of operations and cash flows.

The company Business is subject to risk of Sales Returns in the B2C Segment, which could adversely affect its financial and businessperformance.

The Company does not carry out any printing activities in-house and the entire printing process is outsourced to externalvendors.

The company requires certain approvals, licenses, registrations and permits to operates its business and failures to obtain or renew themin a timely manner or maintain the statutory and regulatory permits and approvals required to operates the company business mayadversely affect its operations and financial conditions.