SME

IPO ·

NSE SME

Clay Craft India Ltd

Listed

Incorporated in July 1994, Clay Craft India Ltd. is a manufacturer of bone china crockery and ceramic tableware.

Issue details

Price band

₹193 – ₹203

Face value

₹10

Lot size

600 shares

Minimum investment

₹2,43,600

Issue size

₹110.11 Cr

Fresh issue

₹104.58 Cr

Offer for sale

—

Issue type

Book Built

Exchange

NSE SME

Key dates

Opens

17 Jun 2026

Closes

19 Jun 2026

UPI mandate cut-off

5:00 PM on 19 Jun 2026

Allotment

22 Jun 2026

Refunds

23 Jun 2026

Shares in demat

23 Jun 2026

Listing

24 Jun 2026

Subscription and listing

Subscription

72.20x

Listing price

₹211

Registrar

Kfin Technologies Ltd

Lead manager

Hem Securities

Subscription by category

Total

72.20x

Total applications

1,35,788

Anchor investors

Amount raised

₹31.34 Cr

Bid date

16 Jun 2026

50% lock-in ends

22 Jul 2026

Rest lock-in ends

20 Sep 2026

Listing day

Issue price

₹203

Open

₹211.00

High

₹221.55

Low

₹211.00

Day close

₹221.55

Listing gain at open

+3.94%

Issue structure

Shares reserved per category and share of the total issue

QIB Shares Offered

25,74,000

47.46%

Anchor Investor Shares Offered

15,43,800

28.46%

QIB (Ex. Anchor) Shares Offered

10,30,200

18.99%

NII Shares Offered

7,74,000

14.27%

bNII > ₹10L

5,16,000

9.51%

sNII < ₹10L

2,58,000

4.76%

Retail Shares Offered

18,03,600

33.25%

Market Maker Shares Offered

2,72,400

5.02%

Total Shares Offered

54,24,000

100.00%

Finaccle’s quick read

Apply

FY26 income up 20%, PAT up 30%, ROE 17.71%, D/E 0.30, post-issue P/E 15.46x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

Incorporated in July 1994, Clay Craft India Ltd. is a manufacturer of bone china crockery and ceramic tableware. The company specialises in high-quality dining products, including plates, cups, saucers, mugs, and other kitchenware that are widely used in households, hotels, and corporate gifting. It is well-known for innovative designs, durability, and stylish finish in its product range.

Founded

1994

1994

Promoters

Rajesh Narain Agarwal, Vikas Agarwal,

Rajesh Narain Agarwal, Vikas Agarwal,

Promoter holding

100% pre-issue; 73.63% post-issue

100% pre-issue; 73.63% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

FY26

FY26

184.57

184.57

41.96

27.01

27.01

166.06

49.98

49.98

251.95

FY25

FY25

154.44

154.44

35.39

20.76

20.76

139.05

47.75

47.75

217.39

ROE

17.71%

ROCE

18.26%

Debt / equity

0.30

PAT margin

15.02%

P/E post issue

15.46

Market cap

₹417.58 Cr

Use of IPO money

To fund capital expenditure towards setting up an additional manufacturing facility at Manda, Rajasthan

₹97.00 Cr

General Corporate Purposes

₹0.02 Cr

Issue Expenses

₹13.09 Cr

Strengths

✓

Revenue up 20% in FY26 to ₹184.57 Cr

✓

PAT up 30% in FY26 to ₹27.01 Cr

✓

PAT margin of 15.02%

✓

ROE of 17.71% and ROCE of 18.26%

✓

Moderate leverage: debt to equity 0.30

Risks to watch

!

SME platform: large lot size and thinner trading liquidity

Planning to take your own company public?

Every listing on this page started with a growing business that got its numbers, governance and paperwork ready for investors. If you are a promoter weighing an SME or main board IPO, we can tell you where you stand and what it will take.

Talk to our IPO Advisory team for readiness planning, or our IPO Consultancy team to run the listing end to end.

Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.