SME
IPO ·
NSE SME
Madhur Knit Crafts Ltd
Listed
Incorporated in August 1997, Madhur Knit Crafts Limited is a textile manufacturing company engaged in the production of fabrics, blankets, winter textiles, garments and other textile products.
Issue details
Price band
₹95 – ₹100
Face value
₹10
Lot size
1,200 shares
Minimum investment
₹2,40,000
Issue size
₹53.27 Cr
Fresh issue
₹50.60 Cr
Offer for sale
—
Issue type
Book Built
Exchange
NSE SME
Key dates
Opens
24 Aug 2026
Closes
27 Aug 2026
UPI mandate cut-off
5:00 PM on 27 Aug 2026
Allotment
28 Aug 2026
Refunds
31 Aug 2026
Shares in demat
31 Aug 2026
Listing
1 Sep 2026
Subscription and listing
Subscription
1.31x
Listing price
₹100
Registrar
Skyline Financial Services Pvt Ltd
Lead manager
SKI Capital Services
Subscription by category
Total
1.31x
Total applications
2,328
Anchor investors
Amount raised
₹3.02 Cr
Bid date
21 Aug 2026
50% lock-in ends
27 Sep 2026
Rest lock-in ends
26 Nov 2026
Listing day
Issue price
₹100
Open
₹100.00
High
₹100.00
Low
₹95.00
Day close
₹95.00
Listing gain at open
0.00%
Issue structure
Shares reserved per category and share of the total issue
QIB
5,05,200
9.48%
Anchor Investor
3,02,400
5.68%
QIB (Ex. Anchor)
2,02,800
3.81%
NII
22,77,600
42.76%
bNII > ₹10L
15,18,000
28.50%
sNII < ₹10L
7,59,600
14.26%
Retail
22,77,600
42.76%
Market Maker
2,66,400
5.00%
Total
53,26,800
100.00%
Finaccle’s quick read
Neutral
FY25 income up 58%, PAT up 549%, ROE 28.33%, D/E 1.69, post-issue P/E 14.1x.
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 August 1997, Madhur Knit Crafts Limited is a textile manufacturing company engaged in the production of fabrics, blankets, winter textiles, garments and other textile products. The Company commenced commercial operations in 2013 with a focus on manufacturing blankets and has since diversified its product portfolio to cater to consumer, industrial and institutional textile requirements. The Company operates an integrated yarn-to-cloth manufacturing model, undertaking processes including knitting, dyeing, printing, brushing, polishing, sueding, stentering, bonding and finishing.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
28.33%
ROCE
31.11%
Debt / equity
1.69
PAT margin
6.34%
P/E post issue
14.1
Market cap
₹190.09 Cr
Use of IPO money
Funding capital expenditure for the purchase of Solar panel.
₹3.68 Cr
Working Capital Requirement of the Company.
₹15.92 Cr
Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
₹20.85 Cr
General Corporate Purposes
₹7.90 Cr
Issue Expenses
₹4.93 Cr
Strengths
✓
Revenue up 58% in FY25 to ₹171.76 Cr
✓
PAT up 549% in FY25 to ₹11.03 Cr
✓
ROE of 28.33% and ROCE of 31.11%
Risks to watch
!
High leverage: debt to equity 1.69
!
SME platform: large lot size and thinner trading liquidity
!
Modest PAT margin of 6.34%
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.