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Madhur Knit Crafts IPOLISTED

NSESMEBook Built Issue

Madhur Knit Crafts Limited is an integrated textile manufacturer engaged in fabrics, blankets, winter textiles and garments.

Compare

Listing price

₹100

Listing gain

+0.00%

Current

₹100

Listed

01 Sept 26

Opens

24 Aug 26

Closes

27 Aug 26

Allotment

28 Aug 26

Refund

31 Aug 26

Demat

31 Aug 26

Listing

01 Sept 26

Listed at

₹100

+0.00% on 01 Sept 26

Min. investment₹2,40,000
GMP₹0 · +0.0%
Subscribed0.31x
Track in the app

Overview

Price band

₹95-100

Lot size

1200 shares

Min. investment

₹2,40,000

Issue size

₹53.27 Cr

53.27 L shares

Fresh issue

₹53.27 Cr

53.27 L shares

Face value

₹10 / share

Issue type

Book Built Issue

Listing at

NSE

Lot size & investment

ApplicationLotsSharesAmount
Retail (Min)22,400₹2,40,000
Retail (Max)22,400₹2,40,000
S-HNI (Min)33,600₹3,60,000
S-HNI (Max)89,600₹9,60,000
B-HNI (Min)910,800₹10,80,000

Listing performance

NSE/BSE: MADHURKNIT

Listing gain

0.00%

Gain per retail lot

₹0

Latest vs issue

—

GMP was

—

₹100
₹1000.00%

Issue price

Listing price

Latest price appears here during market hours.

Madhur Knit Crafts Live GMP

GMP₹0
Est. Price₹100
Est. Gain0.00%

Not enough GMP history yet to draw a trend.

GMP × retail lot ₹0GMP × S-HNI min ₹0Expected listing ~ ₹100GMP is unofficial and changes often. Data as of 24 Aug, 05:30 pm.

Subscription

24 Aug, 05:30 pm

Subscribed 0.31 times · 251 applications

QIB
0.99x
NII (HNI)
0.32x
S-HNI
0.03x
B-HNI
0.46x
Retail
0.24x
Total
0.31x

Total applications

251

Total bid amount

₹14.82 Cr

Category breakdown

CategoryShares offeredShares bidTimesBid amount
QIB2,02,8002,00,4000.99x₹2 Cr
NII (HNI)22,77,6007,27,2000.32x₹7.27 Cr
B-HNI15,18,4007,04,4000.46x₹7.04 Cr
S-HNI7,59,20022,8000.03x₹0.23 Cr
Retail22,77,6005,54,4000.24x₹5.54 Cr
Total47,58,00014,82,0000.31x₹14.82 Cr

Application-wise breakup

CategoryApplications reservedAppliedTimes
B-HNI422140.03x
S-HNI21150.02x
Retail9492310.24x

Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).

Financials

(₹ in crores)

050100150200Mar 2024 · Revenue: 108.41Mar 2024 · Expense: 106.42Mar 2024 · Profit after tax: 1.7Mar 2024 · Assets: 90.6Mar 2024 · Borrowing: 57.79Mar 2024Mar 2025 · Revenue: 171.76Mar 2025 · Expense: 156.87Mar 2025 · Profit after tax: 11.03Mar 2025 · Assets: 122.59Mar 2025 · Borrowing: 67.2Mar 2025Feb 2026 · Revenue: 194.79Feb 2026 · Expense: 178.21Feb 2026 · Profit after tax: 12.35Feb 2026 · Assets: 159.97Feb 2026 · Borrowing: 73.54Feb 2026

Key performance indicators

As of 31 Mar 2026

ROE

28.33%

PAT Margin

6.34%

ROCE

31.11%

EBITDA Margin

13.19%

Debt to Equity Ratio

1.69

Price to Book Value

3.08

RoNW

28.33%

Valuation vs listed peers

EPS Pre IPO

₹8.23

EPS Post IPO

₹7.19

P/E Pre IPO

12.15

P/E Post IPO

13.91

Buzz AI analysis

From this IPO's filings and market data · educational, not investment advice

Revenue growth FY24 → FY25

+58.4%

Profit growth FY24 → FY25

+548.8%

ROCE

31.11%

  • PAT margin 6.3% and ROCE 31.1%.

Strengths & risks

  • Integrated manufacturing operations.
  • Advanced machinery and infrastructure.
  • Diversified textile product portfolio.
  • Strong supplier and distribution network.
  • Experienced promoters and skilled workforce.
5.5/10

Buzz score · Neutral

From GMP, subscription and issue size

Financials6.7
Growth5.0
Business6.6
Demand4.3
Risk7.2

Objects of the issue

PurposeAmount (₹ Cr)
Funding capital expenditure for the purchase of Solar panel.3.68
Working Capital Requirement of the Company.15.92
Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company.20.85
General Corporate Purposes.-

Company & documents

Madhur Knit Crafts Limited is a Ludhiana-based textile manufacturer engaged in knitted fabrics, blankets and ready-made garments, with operations spanning traditional and technical textiles.

The Company operates a vertically integrated textile facility spanning over 300,000 sq. ft., with in-house knitting, dyeing, printing and finishing capabilities and machinery sourced from Germany, Japan, South Korea, Taiwan and China.

The Company serves apparel, home textile and industrial markets, following a made-to-order model supported by a B2B network of dealers, wholesalers and institutional customers.

Products:

  • Anti-Pilling Fabric: Fabric designed to resist the formation of small fibre balls (pills) caused by friction and washing.
  • Knitted Fabrics: Flexible fabrics produced by interlooping yarns using knitting machines, used in apparel, blankets, cushion covers and industrial products.
  • Sherpa Fabric: A soft, fluffy fabric that mimics the texture and insulating properties of sheepskin, commonly used in winterwear and blankets.
  • Blankets: The Company’s inaugural product line includes mink, fleece, woollen, and flannel blankets for winter and semi-winter use.

As of the date of the Red Herring Prospectus, the Company had 177 full-time employees, including KMPs and Directors.

Registrar

Skyline Financial Services Pvt. Ltd.

Phone: 011-26812682

Email: ipo@skylinerta.com

Web: https://www.skylinerta.com/ipo.php

Company contact

Madhur Knit Crafts Ltd.

Village - Seera, Sattowal Road, Rahon Road, Eros Bajra Road Ludhiana, Punjab, 141007

Phone: 9878009690

Email: ipo@mkcpl.in

Web: https://www.mkcpl.in/

Book running lead managers

  • SKI Capital Services Ltd.

Promoters

100.0%Pre Issue
71.6%Post Issue
  • Arun Gupta
  • Piyush Gupta
  • Chirag Gupta