Rachit Prints IPO

Incorporated in 2003, Rachit Prints Limited is engaged in the manufacturing of specialty fabrics for the mattress industry. The company manufactures specialty fabrics for mattresses, including knitted, printed, warp knit, and pillow fabric, along with binding tape. It also trades comforters and bedsheets. The company follows a B2B model, selling printed and knitted fabrics to customers who resell or produce. It manufactures for brands like Sleepwell, Kurlon Enterprises, and Prime Comfort Products. Product Portfolio: KINTTED FABRIC: Circular Knitted Fabric Knitted Fabric made by polyester yarns, it is used for home furnishing and mattress. WARP KNIT: In warp knitted fabric the loops interlock vertically along the length of the fabric. PRINTED FABRIC: Polyester printed fabric mattress these are made by employing the advanced printing techniques. FLAME RESISTANT FABRIC: Fibers that naturally resist burning when exposed to flames, whereas flame-retardant fabrics are treated with chemicals to make them resistant to fire, essentially extinguishing any flame that strikes them. Competitive Strengths: Well experienced Management Team Advanced Knitting Technology Government Incentive Sustained Alliances

The Company Rachit Prints IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (₹ in crores) 1 Working Capital Requirement 9.50 2 To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery. 4.40 3 Partial Pre-payment of term loans to bank. 1.32 4 General Corporate Purpose

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