Summary
Madhur Knit Crafts IPO is an NSE SME book-built issue worth ₹53.27 crore, with a price band of ₹95 to ₹100 per share.
The IPO opens on 24 August 2026 and closes on 27 August 2026, with listing scheduled for 1 September 2026.
Retail investors must apply for at least 2 lots, or 2,400 shares, requiring ₹2,40,000 at the upper price band.
The company reported assets of ₹159.97 crore and profit after tax of ₹12.35 crore for the latest reported period.
Madhur Knit Crafts is making its book-building IPO of ₹53.27 Crore on the NSE SME Exchange. The issue size will be 53,26,800 shares, out of these 2,66,400 are reserved for the market maker.
Subscription for this IPO is scheduled from 24 August 2026 until 27 August 2026. Allotment is scheduled for 28 August 2026, and listing for 1 September 2026.
The price band has been fixed at ₹95-₹100 per share, with a lot size of 1,200 shares. Applications from retail investors will begin with two lots, i.e., 2,400 shares, and will require an investment of ₹ 2,40,000 at the higher price band. For S-HNI applications, the minimum is 3 lots (i.e., 3,600 shares) and requires an investment of ₹ 3,60,000.
Madhur Knit Crafts IPO Key Details
Here is a quick look at the important details of the Madhur Knit Crafts IPO:
| IPO Open Date | 24 August, 2026 |
| Close Date | 27 August, 2026 |
| Face value | ₹10 per share |
| Price Band | ₹95 to ₹100 per share |
| Issue price | – |
| IPO Lot Size | 1200 share |
| Offer for sale | – |
| Fresh issue | 50,60,400 shares |
| Issue Type | Book-built issue |
| Listing at | NSE SME |
| Total Issue Size (₹ Crore) | ₹53.26 cr |
| Minimum Investment | ₹2,40,000 |
Madhur Knit Crafts IPO Timeline
The key dates for the Madhur Knit Crafts IPO are given below:
| Bidding Opens | 24 August, 2026 |
| Bidding Closes | 27 August, 2026 |
| Allotment Planned For | 28 August, 2026 |
| Refunds Start On | 31 August, 2026 |
| Share Credit to Demat | 31 August, 2026 |
| Listing Scheduled | 1st September, 2026 |
| Cut-off for UPI mandate | 27 August, 2026, 5:00 PM |
Madhur Knit Crafts Key Performance Indicators (KPIs)
Madhur Knit Crafts KPIs are presented in the following table:
| KPIs | FY 2026* | FY 2025 | FY 2024 |
| ROE (%) | 28.33% | 37.42% | 10.49% |
| ROCE (%) | 31.11% | 33.49% | 13.09% |
| Debt-Equity (times) | 1.69 | 2.28 | 3.56 |
| RoNW (%) | 28.33% | 37.42% | 10.49% |
| PAT Margin (%) | 6.34% | 6.43% | 1.57% |
| EBITDA Margin (%) | 13.19% | 13.56% | 7.42% |
| Price Book Value | 3.08 | 4.40 |
*11 months ended 28 February 2026
Madhur Knit Crafts Financials
Here is an overview of the company’s financial figures:
| Period | FY 2026 | FY 2025 | FY 2024 |
| Total Assets | 159.97 | 122.59 | 90.60 |
| Revenue from Operations | 194.69 | 171.64 | 108.41 |
| Profit After Tax | 12.35 | 11.03 | 1.70 |
(Amount in ₹ Crore)
Madhur Knit Crafts IPO Subscription Status
| Date | QIB (Ex Anchor) | NII* | Individual Investors | Total |
|---|---|---|---|---|
| Aug 24 (Day 1) | 0.00 | 0.17 | 0.12 | 0.14 |
Madhur Knit Crafts IPO Grey Market Premium
| GMP Date | GMP | Est. Listing Price (cap price + GMP) | Est. Profit* | Last Updated |
|---|---|---|---|---|
| 24-08-2026 Open | ₹16 ▲ | ₹116 (16.00%) | ₹19,200 | 24-Aug-2026 12:31 |
| 23-08-2026 | ₹9 ▲ | ₹109 (9.00%) | ₹10,800 | 23-Aug-2026 23:37 |
| 22-08-2026 | ₹0 ─ | ₹100 (0.00%) | ₹0 | 22-Aug-2026 23:33 |
| 21-08-2026 | ₹0 ─ | ₹100 (0.00%) | ₹0 | 21-Aug-2026 23:37 |
| 20-08-2026 | ₹0 ─ | ₹100 (0.00%) | ₹0 | 20-Aug-2026 23:32 |
| 19-08-2026 | ₹0 ─ | ₹100 (0.00%) | ₹0 | 19-Aug-2026 23:32 |
| 18-08-2026 | ₹0 ─ | ₹100 (0.00%) | ₹0 | 18-Aug-2026 23:32 |
Note: GMP represents sentiment in the unofficial market and should not be considered an indication of assured listing returns.
Madhur Knit Crafts IPO Reservation
The share allocation for each investor category is outlined below:
| Investor Category | Reservation |
| Market Maker | 2,66,400 shares |
| QIB | Not more than 50% of Net Issue |
| NIIs | Not less than 15% of the Net Issue |
| Retail Investors | Not less than 35% of the Net Issue |
| Total Shares | 53,26,800 shares |
Madhur Knit Crafts IPO Lot Size
The applicable lot sizes for different investor categories are as follows:
| Application Type | Lots | Shares | Amount |
| Individual Investor – Minimum | 2 | 2400 | ₹2,40,000 |
| Individual Investor – Maximum | 2 | 2400 | ₹2,40,000 |
| S-HNI Minimum | 3 | 3600 | ₹3,60,000 |
| S-HNI Maximum | 8 | 9600 | ₹9,60,000 |
| B-HNI Minimum | 9 | 10,800 | ₹10,80,000 |
Madhur Knit Crafts IPO Anchor Investors
The allotment status of Madhur Knit Crafts IPO is currently not available. As a result, information related to anchor bidding, share allocation, investment value and lock-in periods is not applicable.
Madhur Knit Crafts IPO Prospectus
For more information on the Madhur Knit Crafts IPO, check the links below:
About Madhur Knit Crafts IPO
Incorporation: 21st August, 1997
Managing Director: Arun Gupta,
Madhur Knit Crafts Limited is a textile firm that manufactures knitted and crocheted fabrics, yarn-to-cloth manufacturers whose actual product focus is blankets and home-furnishing/winterwear textiles. This firm operates from its manufacturing unit in Ludhiana, and its business activities relate to textile manufacturing.
Their promoters are Arun Gupta, Piyush Gupta and Chirag Gupta. Arun Gupta is the Managing Director of this company. In its proposed IPO, SKI Capital Services Limited is acting as Book Running Lead Manager, whereas Skyline Financial Services Private Limited is the issue registrar.
| Issue Registrar | Skyline Financial Services Private Limited |
| Lead Manager | SKI Capital Services Limited |
Madhur Knit Crafts IPO Objectives
Funds received from the IPO will be directed towards the following purposes:
| Particulars | Amount (in ₹ Cr) |
| Working capital requirements | 15.92 |
| Solar panels | 3.68 |
| Repayment/prepayment of borrowings | 20.85 |
| General corporate purposes |
Strengths of Madhur Knit Crafts
- Organised firm: It is an organised firm in the textile industry and has been manufacturing textile products for a number of years.
- Manufacturing capacity: Madhur Knit Crafts has the capacity to produce knitted and crocheted textile products.
- Experienced management: It is a firm managed by professionals who know the textile and manufacturing industries.
- Industry demands: Increasing demand for knitted textile products has been observed, which would help the firm’s growth.
- Quality-based firm: A firm that focuses on producing high-quality textile products to meet its clients’ requirements.
Risks of Madhur Knit Crafts
- Risk of fluctuations in cost of raw materials: An increase in the cost of raw materials such as cotton, yarn, etc. could lead to a rise in production cost.
- Intense competition: The textile sector comprises many competitors, which could impact prices, margins and market share.
- Dependence on textile industry demand: Any reduction in demand in the textile and apparel industries will affect demand for the firm’s products.
- Working capital needs: The company might require substantial working capital to manage inventory and production, as well as customer receivables.
- Risks related to the market and economy: There can be an impact on the company’s performance due to variations in consumer demand, inflation, and interest rates.
Madhur Knit Crafts IPO Review
Madhur Knit Crafts IPO offers investors an opportunity to invest in a company in the textile manufacturing industry. The company already has good experience in the industry and specialises in the manufacturing of knitted and crocheted fabrics as well as textile products.
Nevertheless, before applying to the IPO, the investor should pay attention to the risks involved in such an application. The company operates in a competitive textile industry, and changes in raw material prices can affect the company’s production costs and profits. The demand for the company’s products can be affected by the economic situation, consumer expenditures and changes in the clothing goods industry.
Moreover, the investor should consider IPO proceeds and how they will be used to assess how the company plans to develop in the future.
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Madhur Knit Crafts IPO FAQs
The Madhur Knit Crafts IPO is an SME IPO, and the company aims to raise an estimated ₹53.27 crores. The price range for this issue is from ₹95 to ₹100 and will be listed in the NSE SME segment.
Investors can apply for the issue through their broker from the IPO tab available in the trading application. They can submit the bid either via UPI or ASBA, depending on their application mode. A demat account and PAN card are needed.
The IPO gives investors access to a textile manufacturing firm with an established business. However, IPOs for SMEs tend to be riskier and less liquid. Thus, investors would need to assess the firm’s financial performance, valuation, and associated risks before investing.
It will not be possible to establish the listing premium/discount before the actual listing. Currently, the grey market price is unavailable because the GMP process has not yet started.
The Madhur Knit Crafts IPO will commence subscription on 24 August 2026, and bidding will continue up to 27 August 2026.
The minimum application lot size for the Madhur Knit IPO is 1,200 shares. Individual applicants must apply for a minimum of 2 lots (i.e., 2,400 shares), which require ₹2,40,000 at the higher price band of ₹100.
The basis of allotment of shares under the Madhur Knit Crafts IPO is estimated to be fixed by 28 August 2026. The refund and Demat of shares will be completed by 31 August 2026.
Listing of Madhur Knit Crafts IPO shares is expected to take place on 1 September 2026 on the NSE SME platform.
