Redtape Share Price

REDTAPE Limited manufactures and sells footwear and clothing for men, women, and kids in India and internationally. It offers footwear, topwear, and sportswear.The company also provides accessories, including wallets, socks, handkerchiefs, caps, belts, and backpacks. It operates through retail and online networks, including exclusive brand outlets, major retail partners, and e-commerce platforms. The company offers its products under the RedTape, RedTape Athleisure, MODE by RedTape, and BOND STREET by RedTape brands. Redtape share price on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries. 

The Redtape stock price is influenced by factors such as revenue growth, profit margins, brand investments, and seasonal consumer demand. Over the longer term, strategies like retail expansion, product portfolio development, and inventory management affect investor perception. All these factors must be closely monitored to have an idea about the Redtape stock price movements.  

Redtape live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of Redtape live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market. 

Furthermore, monitoring the Redtape share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook. 

Redtape Company Fundamentals 

Redtape Limited Company Background 

RedTape is an Indian fashion and lifestyle company incorporated on December 8, 2021, with operations spanning footwear, apparel, and accessories for men, women, and children. The company operates over 622 retail stores across India and follows an omni-channel model that integrates physical stores with online platforms. Backed by more than three decades of industry experience, RedTape manages an integrated footwear manufacturing unit and a structured supply chain supported by four online MP warehouses. The company’s product portfolio covers everyday and occasion-based fashion categories, serving diverse age groups and consumer preferences. RedTape has gradually expanded its presence beyond India and currently operates across multiple international markets, including the UK, US, Australia, the Middle East, Europe, and parts of Africa, with operations spread across 17 countries and six continents. Its business strategy focuses on product development, supply chain efficiency, and digital integration to support domestic and international operations. The company has also expanded into clothing and accessory segments in line with evolving market demand. RedTape incorporates environment-conscious practices within its operations, aiming to optimise resource usage, manage waste effectively, and reduce environmental impact across its manufacturing and retail activities. 

Redtape Limited Company Product Lines 

RedTape 

• Footwear for Men, Women and Kids (casual, formal, sports, sneakers, sandals, sliders) 
• Apparel including shirts, T-shirts, trousers, denims, jackets, sweaters and ethnic wear 
• Fashion accessories such as belts, socks, wallets and handkerchiefs 

MODE by RedTape 

• Women-focused footwear and apparel 

RedTape Athleisure 

• Activewear T-Shirts, sports footwear, joggers and casual performance wear 

Bond Street by Redatape 

• Men’s streetwear and casual footwear, including sneakers and everyday shoes 

Redtape Limited Company Revenue Model 

• Retail sales through exclusive brand outlets (EBOs) in India and select international locations 
• Online sales via RedTape’s own website and leading e-commerce marketplaces 
• Wholesale and multi-brand outlet sales in domestic and international markets 
• Export and international distribution across Europe, the UK, the US, Middle East and Asia 

Redtape Limited Geographic Presence 

• India 
  • 622+ exclusive brand outlets across PAN India 
  • Strong omni-channel presence (offline + online) 
• International Markets 
  • Presence across 14 + countries and 6 continents 
  • Key markets include the UK, the US, Europe ( France, Germany), Australia, Turkiye, the UAE, West Asia and South Africa 
  • Exclusive showrooms in India, Dubai, Sharjah, Nepal and Sri Lanka 
  • Sales through top chain stores, multi-brand outlets and online platforms in the UK, US and Europe 

Redtape Limited Leadership and Brand Recognition 

Some of the key leaders for Redtape Limited  as of January 2026 are 

• Mr. Omprakash Inani – Chairman 
• Mr. Vishnukant Chaturbhuj Bhutada – Managing Director 
• Mr. Sharath Reddy Kalakota – Whole-time Director 
• Ms. Hetal Madhukant Gandhi – Independent Director 
• Mr. Ashraf Loutfy Abdelhamid Allam – Independent Director 
• Dr. Anita Bandyopadhyay – Independent Woman Director 

Redtape Limited Key Milestones 

• 2021: RedTape Limited was incorporated on December 8, 2021 as a wholly owned subsidiary of Mirza International Limited. 
• Pre-2023: The Company operated as part of Mirza International Limited, engaged in the design, development, manufacturing, marketing, trading, export and retailing of leather footwear, sports shoes, garments, apparel, leather goods, accessories and related products. 
• 2023: A Composite Scheme of Arrangement involving RTS Fashions Private Limited, Mirza International Limited and RedTape Limited was sanctioned, providing for: 
• Amalgamation of RTS Fashions Private Limited with Mirza International Limited. 
• Demerger of the Branded Business / RedTape Business of Mirza International Limited into RedTape Limited on a going-concern basis. 
• February 25, 2023: The RedTape Business was officially demerged from Mirza International Limited into RedTape Limited. 
• 2023: Equity shares of RedTape Limited were allotted in a 1:1 ratio to shareholders of Mirza International Limited pursuant to the demerger. 
• August 11, 2023: Equity shares of RedTape Limited were listed on the stock exchanges. 
• August 4, 2023: REDTAPE HK Limited was incorporated as a subsidiary of the Company. 
• 2025: The Company launched Ozark, a brand designed for rugged outdoor use. 

Redtape Limited Industry Perspective 

RedTape Limited operates within the global apparel and footwear industry, a core segment of the broader fashion and lifestyle market that encompasses the design, manufacturing, distribution and retail of clothing, footwear and accessories. In 2024, the global apparel and footwear market was valued at approximately USD 2.1 trillion, reflecting sustained demand for both basic and fashion-oriented products. It is expected to grow at a compound annual growth rate (CAGR) of around 4.9 % from 2025 to 2034, driven by lifestyle shifts, increasing disposable incomes, and the rising influence of e-commerce and digital retail channels. By 2034, the market could reach an estimated USD 3.4 trillion in value. In India, the apparel and footwear market is also expanding: valued at roughly USD 67.3 billion in 2024, it is projected to reach USD 109 billion by 2030 with a CAGR of about 8.45 % between 2025 and 2030, supported by changing consumer behaviour and fashion trends. The footwear segment alone is significant, with the global industry valued around USD 423 billion in 2024 and expected to grow at a CAGR of about 4.3 % to 2033, reflecting rising interest in branded and lifestyle footwear. These trends position brands such as RedTape to participate in a market shaped by evolving preferences for style, comfort, sustainability and digital shopping experiences. 

RedTape is positioned to benefit from the steady growth of the apparel and footwear industry through its diversified product portfolio, omni-channel retail presence and established brand recognition in domestic and international markets. Rising demand for branded fashion, increasing online penetration and expanding consumption across emerging markets support sustained revenue opportunities and operational scale over the medium to long term. 

Redtape Stock Market Presence: Listings & Index Representation 

Redtape Limited is listed on the BSE (Bombay Stock Exchange) the NSE (National Stock Exchange) with NSE symbol REDTAPE, and BSE scrip code 540376. 

Redtape Limited is an established entity in the Indian stock market, listed on these major exchanges. Its inclusion in prominent indices like the S&P BSE Consumer Discretionary Goods & Services, S&P BSE MidSmallCap, S&P BSE SmallCap, and S&P BSE AllCap underscores the company’s relevance within India’s consumer discretionary sector. 

The Redtape stock price is tracked by investors interested in the consumer retail space. Its presence in sector-specific indices reflects its market capitalisation and operational scale in branded footwear and apparel. Listing on the NSE and BSE ensures liquidity, while its index inclusion connects it to funds tracking the broader consumer sector. 

Redtape Stock Performance and Share Price History 

The Redtape share price on NSE and BSE reflects its position in the consumer discretionary market. Performance is driven by revenue growth, operating margins, marketing spend, and inventory efficiency, influenced by consumer sentiment and seasonal trends. Investors compare the Redtape share price today with the Nifty 50 and sectoral indices to gauge relative performance. 

Underlying market movements are visible across different periods. The Redtape share price showed significant strength in 2024, with the stock delivering an annual return of 84.53%. This performance was supported by quarterly gains of 37.37% in Q1, 18.68% in Q2, and 10.53% in Q4. In contrast, the Redtape share price faced pressure in 2025, declining 42.97% for the year, with quarterly returns of -32.72% in Q1, -10.24% in Q2, and -13.31% in Q4. Corporate actions such as bonus issues can also impact the Redtape share price in the short term. This shows how specific events can trigger swings within a business cycle influenced by consumer demand, input costs, and competitive actions. 

While short-term movements reflect events and announcements, longer-term trends are visible through the Redtape share price 52-week high and low, providing context beyond daily changes. A 52-week high indicates strong brand performance or favourable market sentiment, while a low aligns with sector downturns or company-specific challenges. These levels capture the impact of economic cycles, consumer spending patterns, and earnings visibility, providing context for the stock’s historical performance. 

Redtape’s stock performance reflects the trading behaviour of a company in the cyclical retail sector. The company’s focus on branded products, marketing, and retail expansion has shaped its Redtape share price history. Over time, the stock has experienced periods of appreciation and consolidation. Recent performance shows notable volatility. For the one-year period ending January 23, 2026, the Redtape share price decreased by 39.71%, underperforming the Nifty 50 (+8.47%) and the Sensex (+7.02%). However, over a three-year horizon, the Redtape stock price delivered a gain of 77.06%, outperforming these benchmark indices. 

Redtape’s stock performance over time follows consumer economic cycles. For instance, the Redtape share price reached an intraday high of ₹245.00 over a multi-year period, reflecting periods of strong investor confidence. The stock’s one-year decline of 39.71% can be linked to broader sector challenges and specific financial results. Despite recent pressures, the Redtape stock price has shown resilience over multi-year periods, with the five-year and ten-year returns also recorded at 77.06%, highlighting its long-term journey in the public markets. 

Redtape Investor Relevance and Portfolio Role 

Redtape can be a holding in consumer-sector and small-to-mid-cap portfolios, offering exposure to branded retail, domestic consumption, and discretionary spending trends. Its inclusion in indices like the S&P BSE Consumer Discretionary Goods & Services underscores its relevance within that segment of the economy. Brand performance, retail execution, and margin stability are factors for long-term investor consideration. 

Redtape equity is held by a mix of domestic and international institutional investors, reflecting its profile in India’s consumer sector. Top institutional stakeholders include ICICI Prudential Asset Management Company Limited, HDFC Asset Management Company Limited, Eastspring Investments (Singapore) Limited, Eastspring Investments India Consumer Equity Open Limited, Dimensional Fund Advisors LP, the Investor Education and Protection Fund (IEPF), BlackRock, Inc., HSBC Global Asset Management (UK) Limited, and State Street Global Advisors, Inc. 

Prominent mutual fund holders include ICICI Prudential Mutual Fund – ICICI Prudential Flexicap Fund, HDFC Mutual Fund – HDFC Small Cap Fund, Eastspring Investments India Fund Limited, Eastspring Investments India Equity Fund, ICICI Prudential ELSS Tax Saver Fund, ICICI Prudential Mutual Fund – ICICI Prudential Bharat Consumption Fund, ICICI Prudential Mutual Fund – ICICI Prudential India Opportunities Fund, DFA Investment Dimensions Group Inc. – Emerging Markets Core Equity Portfolio, and iShares Public Limited Company – iShares Core MSCI EM IMI UCITS ETF. This investor base highlights the stock’s role in portfolios focused on Indian consumption. 

Beyond fundamentals, technical indicators such as the Redtape RSI or MACD can provide insight into short-term momentum shifts in the Redtape stock price. While primarily used for near-term perspective, these tools can help gauge market sentiment around earnings or sector news. 

Redtape’s beta values show variation across different time frames, reflecting its sensitivity to market movements as a consumer discretionary stock. Key beta figures include 2.00 for the daily one-month range, 0.690 for the daily three-month range, 1.10 for the weekly one-year range, 0.862 for the weekly two-year range, 0.976 for the two-week two-year range, and -0.130 for the monthly two-year range. These values indicate that the Redtape share price has experienced periods of both high and low correlation with the broader market, which is characteristic of stocks in its sector. This beta profile is relevant for understanding the Redtape share price volatility in different market conditions. 

Redtape Sectoral Relevance and Peer Positioning 

Redtape’s sector relevance stems from its position in branded footwear and apparel, marketing reach, retail and distribution network, and connection to consumer lifestyle trends, establishing it as a known player in India’s consumer discretionary ecosystem. Peer comparisons with other listed consumer brands focus on revenue growth, brand strength, profitability metrics, and market share rather than short-term stock moves. These benchmarks help assess operational scale and competitive positioning. Institutional tracking of same-store sales, margin trends, and consumer sentiment further highlights the company’s role within India’s retail markets. 

Redtape market cap was ₹61.87 billion as of January 23, 2026. This represents a decrease of approximately 45.12% over the previous year. The market cap history shows significant variation: it was ₹120.73 billion at the end of 2024, fell to ₹68.50 billion by the end of 2025, and stood at ₹61.87 billion in early 2026. This decline in valuation aligns with the downward trend observed in the Redtape share price over the same period, reflecting changing market sentiment and financial performance. 

Redtape earnings, measured by Net Income, have shown growth in recent years before a recent dip. Net Income was ₹142.15 crore in March 2023, increased to ₹176.24 crore in March 2024, and was reported at ₹170.24 crore for March 2025. The Compound Annual Growth Rate for Net Income over three years was significant, though the year-on-year change to March 2025 showed a marginal decline. Earnings before interest and tax (EBIT) followed a similar path, rising from ₹206.56 crore in 2023 to ₹268.75 crore in 2024 and settling at ₹284.04 crore in 2025. 

Redtape EPS reflects the underlying profit trends. EPS was ₹10.29 for March 2023, which increased to ₹12.75 for March 2024. The EPS for March 2025 was reported at ₹3.08. This represents a decrease of 75.84% from the previous year’s EPS. The latest trailing twelve months (TTM) PE ratio of 34.23 is based on this EPS. This EPS history provides a direct link between corporate profitability and the basis for market valuation. 

Redtape P/E ratio history indicates market valuation relative to earnings. The latest FY P/E ratio was 47.39 as of March 2025, down 8.17% from the previous financial year’s P/E of 51.60. The trailing twelve months (TTM) P/E ratio was 34.23. Analysis notes that a P/E ratio of 34.23 may suggest the stock price is high compared to company earnings. The change in P/E ratio is influenced by both the movement in the Redtape share price and the company’s reported earnings. 

Summary 

Redtape Limited is a listed entity in India’s consumer discretionary sector, focusing on footwear and apparel. The Redtape share price is influenced by company performance, consumer trends, and sector dynamics. Its stock is listed on key exchanges and included in specific sector indices. Historical performance shows periods of growth and volatility, influenced by financial results and market sentiment. The company is held by various institutional and mutual fund investors, and its valuation metrics like P/E and market cap provide insight into its market positioning relative to peers.