Clay Craft IPO

Listed SME
Min Investment
₹2,43,600
1200 Shares
Min Investment
₹2,43,600 · 1200 Shares
Open Jun 17
Close Jun 19
Allotment Jun 22
Refund Jun 23
Listing Jun 24

Market Sentiment

+Rs 29
+14.3%
Est. Listing: Rs 232
Updated: Jun 23, 2026 7:52 pm
Subscription Status
QIB
119.19x
NII
154.90x
bNII (>10L)
186.94x
sNII (2-10L)
90.81x
Retail
71.76x
Total
103.14x
Updated: Jun 19, 2026 5:39 pm IST
Analysis Score 63 / 100
Data: 80%
GMP Score 50
Subscription Score 75
Financial Health 70
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹193-203 per equity share
Face Value₹10 Per Equity Share
Lot Size 1200 shares (Min ₹2,43,600)
Total Issue Size ₹110.11 crore
Fresh Share₹110.11 crore
Issue TypeBookbuilding Issue
Lead ManagerHem Securities Ltd.
RegistrarKfin Technologies Ltd.
Listing atNSE
NSE SymbolCLAYCRAFT
ISININE1QGM01024
Listing Price₹211.00
Listing Gain+3.94%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 1,200 ₹2,43,600
Retail Maximum 2 1,200 ₹2,43,600
S-HNI Minimum 3 1,800 ₹3,65,400
S-HNI Maximum 8 4,800 ₹9,74,400
B-HNI Minimum 9 5,400 ₹10,96,200
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB10,30,20028.55%
NII (HNI)7,74,00021.45%
bNII > ₹10L5,16,00014.30%
sNII < ₹10L2,58,0007.15%
Retail18,03,60049.99%
Anchor15,43,80042.79%
Total36,07,800100.00%

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3
QIB 4.32x 5.18x 119.19x
NII 1.76x 13.49x 154.90x
bNII > ₹10L 2.07x 16.41x 186.94x
sNII 2-10L 1.14x 7.66x 90.81x
Retail 1.57x 8.11x 71.76x
Total 2.23x 7.84x 103.14x

Financial Analysis

Financial Data
EPS (Pre)
Rs 17.84
ROE
17.71%
ROCE
18.26%
RoNW
16.27%
EBITDA Margin
23.33%
NAV/Share
Rs 109.64
Revenue Growth
19.51%
Profit Margin
14.63%
Financial Performance
Metric 2025 2026
Revenue 154.44 184.57
Expense 125.94 148.51
Profit (PAT) 20.76 27.01
Total Assets 217.39 251.95
Values in Crores (₹)
Promoters & Holding Pattern

Promoters: Rajesh Narain Agarwal, Vikas Agarwal, Bharat Agarwal, Deepak Agarwal

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 1,51,46,280 100.00%
Promoter Holding Post Issue 2,05,70,280 73.63%

Strengths & Risks

Strengths
  • Heavily oversubscribed — 103.1x overall (so far).
  • Strong institutional (QIB) demand — 119.2x.
  • Revenue grew 20% in the latest reported year.
  • Solid profit margin — 14.6%.
  • Strong return on equity — 18%.
Risks & Concerns

No major red flags in the available data.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Clay Craft

Since its incorporation in July 1994, Clay Craft India has been one of the leading manufacturers of bone china crockery and ceramic tableware. The firm makes high-quality dining products, including plates, cups, saucers, mugs, Dinnerware, Platters & accessories, Tea & coffee service sets, and other kitchenware, for use in households, restaurants, hotels, and gifting. Its products come in innovative designs, durability, and styling finishes. Clay Craft also manufactures customized ceramic solutions for corporate and institutional clients as per their requirements and develops a large product range for the HoReCa (Hotel, Restaurant, and Catering) segment to meet the requirements of each client. As of March 31, 2026, the company has sold over 5,770 units across different product categories and brands.

Objects of the Issue
Purpose Amount (Cr)
To fund capital expenditure towards setting up an additional manufacturing facility at Manda, Rajasthan 97.00
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
June 16, 2026
Shares Offered to Anchors
15,43,800
Lock-in End (30 Days, 50%)
July 22, 2026
Lock-in End (90 Days, 50%)
September 20, 2026
Company Contact Information

Clay Craft India Ltd., F-766 & F-766 A,, Road No. 1-D,, Vishwakarma Industrial Area,, Jaipur, Rajasthan, 302013

Clay Craft IPO — Quick Take

Clay Craft has set a price band of Rs 193–Rs 203 per share for an issue size of Rs 110 crore. The stock listed with a 3.94% gain versus its issue price on June 24, 2026.

Since its incorporation in July 1994, Clay Craft India has been one of the leading manufacturers of bone china crockery and ceramic tableware. The firm makes high-quality dining products, including plates, cups, saucers, mugs, Dinnerware, Platters & accessories, Tea & coffee service sets, and other kitchenware, for use in households, restaurants, hotels, and gifting.

The issue is promoted by Rajesh Narain Agarwal, Vikas Agarwal, Bharat Agarwal, Deepak Agarwal with Hem Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards To fund capital expenditure towards setting up an additional manufacturing facility at Manda, Rajasthan (Rs 97 crore) and General Corporate Purpose.

Grey market is quoting a premium of +Rs 29 (+14.3% over issue price), down Rs 19 from the previous session. Final subscription data records overall subscription at 103.14x, retail at 71.76x, QIB at 119.19x, NII at 154.90x.

On fundamentals, the company is posting revenue growth of 19.5%, a profit margin of 14.6%, return on equity of 17.7% in its most recent reported period.

Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Clay Craft IPO is Rs 193 to Rs 203 per share. Face value is Rs 10 per share.

The total issue size of Clay Craft IPO is Rs 110 crore, comprising fresh issue of Rs 110 crore.

Retail investors must apply for a minimum of 1 lot of 1200 shares, requiring an investment of Rs 2,43,600.

Clay Craft IPO opens for subscription on June 17, 2026 and closes on June 19, 2026. Anchor investor bidding is scheduled for June 16, 2026.

The expected allotment date for Clay Craft IPO is June 22, 2026. Refunds for unsuccessful applicants are expected on June 23, 2026.

Clay Craft IPO is scheduled to list on June 24, 2026 on NSE. NSE symbol: CLAYCRAFT, ISIN: INE1QGM01024.

The current GMP (Grey Market Premium) of Clay Craft IPO is +Rs 29 (+14.3% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Clay Craft IPO is currently subscribed 103.14 times overall — retail at 71.76x, QIB at 119.19x, NII at 154.90x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 71.76x for Clay Craft IPO, the estimated retail allotment probability is approximately 1.6%. This is a low probability — approximately 2 out of every 100 retail applications may receive allotment.

The registrar for Clay Craft IPO is Kfin Technologies Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Clay Craft IPO are Hem Securities Ltd..

The promoter(s) of Clay Craft are Rajesh Narain Agarwal, Vikas Agarwal, Bharat Agarwal, Deepak Agarwal.

Clay Craft IPO GMP — What It Means

The latest grey market premium for Clay Craft IPO is ₹29 (+14.3%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Clay Craft it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Clay Craft GMP history and trend, or learn how grey market premium works and how reliable it is.

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