Madhur Knit Crafts IPO

Listed SME
Min Investment
₹2,40,000
2400 Shares
Min Investment
₹2,40,000 · 2400 Shares
Open Aug 24
Close Aug 27
Allotment Aug 28
Refund Aug 31
Listing Sept 01
Listing Price
₹100.00 (+0.00%)
vs issue price
Current Price (NSE)
₹73.60 (-26.40%)
as of 10 Sept, 3:09 pm IST

Market Sentiment

+Rs 2
+2.0%
Est. Listing: Rs 102
Updated: Aug 27, 2026 1:17 pm
Subscription Status
QIB
1.01x
NII
0.86x
bNII (>10L)
0.89x
sNII (2-10L)
0.80x
Retail
2.30x
Total
1.56x
Updated: Aug 27, 2026 5:00 pm IST
Analysis Score 34 / 100
Avoid
Data: 78%
GMP Score 35
Subscription Score 25
Financial Health 61
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹95-100 per equity share
Face Value₹10 Per Equity Share
Lot Size 2400 shares (Min ₹2,40,000)
Total Issue Size ₹27.00 crore
Fresh Share₹27.00 crore
Issue TypeBook-build Issue
Lead Manager SKI Capital Services Ltd.
Registrar Skyline Financial Services Pvt. Ltd.
Listing atNSE
NSE SymbolMADHURKNIT
ISININE1P5601010
Listing Price₹100.00
Listing Gain+0.00%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,400 ₹2,40,000
Retail Maximum 2 2,400 ₹2,40,000
S-HNI Minimum 3 3,600 ₹3,60,000
S-HNI Maximum 8 9,600 ₹9,60,000
B-HNI Minimum 9 10,800 ₹10,80,000
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB2,02,80050.00%
NII (HNI)22,77,60015.00%
bNII > ₹10L15,19,20010.00%
sNII < ₹10L7,59,6005.00%
Retail22,77,60035.00%
Anchor3,02,4005.98%
Total50,60,400

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3 Day 4
QIB 1.01x 1.01x 1.01x
NII 0.35x 0.40x 0.86x
bNII > ₹10L 0.49x 0.52x 0.89x
sNII 2-10L 0.08x 0.15x 0.80x
Retail 0.55x 1.09x 2.30x
Total 0.29x 0.45x 0.71x 1.56x

Financial Analysis

Financial Data
EPS (Pre)
Rs 8.35
ROE
37.42%
ROCE
33.49%
RoNW
37.42%
EBITDA Margin
13.56%
Debt/Equity
2.28
NAV/Share
Rs 22.31
Revenue Growth
58.44%
Profit Margin
6.42%
Financial Performance
Metric 2023 2024 2025 February 2025
Revenue 89.56 108.41 171.76 194.79
Expense 88.56 106.42 156.87 178.21
Profit (PAT) 0.90 1.70 11.03 12.35
Total Assets 64.59 90.60 122.59 159.97
Values in Crores (₹)
Promoters & Holding Pattern

Promoters: Arun Gupta, Piyush Gupta and Chirag Gupta

Strengths & Risks

Strengths
  • Revenue grew 58% in the latest reported year.
  • Strong return on equity — 37%.
Risks & Concerns
  • Elevated leverage — debt/equity of 2.28.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Madhur Knit Crafts

Madhur Knit Crafts Limited, established in August 1997, is a textile manufacturing company that produces fabrics, blankets, winter wear, garments, and other textile products. The company started commercial production in 2013, initially focusing on blankets, and later expanded its product range to serve consumer, industrial, and institutional customers. The company follows an integrated yarn-to-cloth manufacturing process, covering activities such as knitting, dyeing, printing, brushing, polishing, sueding, stentering, bonding, and finishing. Its manufacturing facility is located in Ludhiana, Punjab, a major textile hub that offers easy access to raw materials, suppliers, logistics, and distribution networks.

Objects of the Issue
Purpose Amount (Cr)
Funding capital expenditure for the purchase of Solar panel 4.00
Working Capital Requirement of the Company 14.10
Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company 17.40
General Corporate Purposes 35.50

Resources & Documents

Anchor Investors
Anchor Bidding Date
August 21, 2026
Shares Offered to Anchors
3,02,400
Lock-in End (30 Days, 50%)
September 27, 2026
Lock-in End (90 Days, 50%)
November 26, 2026
Company Contact Information

Madhur Knit Crafts Ltd., Village – Seera,, Sattowal Road, Rahon Road,, Eros Bajra Road, Ludhiana, Punjab, 141007

Madhur Knit Crafts IPO — Quick Take

Madhur Knit Crafts has set a price band of Rs 95–Rs 100 per share for an issue size of Rs 27 crore. The stock listed flat against its issue price.

Madhur Knit Crafts Limited, established in August 1997, is a textile manufacturing company that produces fabrics, blankets, winter wear, garments, and other textile products. The company started commercial production in 2013, initially focusing on blankets, and later expanded its product range to serve consumer, industrial, and institutional customers.

The issue is promoted by Arun Gupta, Piyush Gupta and Chirag Gupta with SKI Capital Services Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding capital expenditure for the purchase of Solar panel (Rs 4 crore) and Working Capital Requirement of the Company (Rs 14 crore).

Grey market is quoting a premium of +Rs 2 (+2.0% over issue price), down Rs 14 from the previous session. Final subscription data records overall subscription at 1.56x, retail at 2.30x, QIB at 1.01x, NII at 0.86x.

On fundamentals, the company is posting revenue growth of 58.4%, a profit margin of 6.4%, return on equity of 37.4% in its most recent reported period.

Our data-driven engine currently flags this issue as an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Madhur Knit Crafts IPO is Rs 95 to Rs 100 per share. Face value is Rs 10 per share.

The total issue size of Madhur Knit Crafts IPO is Rs 27 crore, comprising fresh issue of Rs 27 crore.

Retail investors must apply for a minimum of 1 lot of 2400 shares, requiring an investment of Rs 2,40,000.

Madhur Knit Crafts IPO opens for subscription on August 24, 2026 and closes on August 27, 2026. Anchor investor bidding is scheduled for August 21, 2026.

The expected allotment date for Madhur Knit Crafts IPO is August 28, 2026. Refunds for unsuccessful applicants are expected on August 31, 2026.

Madhur Knit Crafts IPO is scheduled to list on September 01, 2026 on NSE. NSE symbol: MADHURKNIT, ISIN: INE1P5601010.

The current GMP (Grey Market Premium) of Madhur Knit Crafts IPO is +Rs 2 (+2.0% 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.

Madhur Knit Crafts IPO is currently subscribed 1.56 times overall — retail at 2.30x, QIB at 1.01x, NII at 0.86x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 2.30x for Madhur Knit Crafts IPO, the estimated retail allotment probability is approximately 49.6%. This is a moderate probability of allotment.

The registrar for Madhur Knit Crafts IPO is Skyline Financial Services Pvt. 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 Madhur Knit Crafts IPO are SKI Capital Services Ltd..

The promoter(s) of Madhur Knit Crafts are Arun Gupta, Piyush Gupta and Chirag Gupta.

Madhur Knit Crafts IPO GMP — What It Means

The latest grey market premium for Madhur Knit Crafts IPO is ₹2 (+2.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Madhur Knit Crafts 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 Madhur Knit Crafts GMP history and trend, or learn how grey market premium works and how reliable it is.

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