Madhur Knit Crafts IPO Details

SME NSE

Madhur Knit Crafts IPO Summary

Madhur Knit Crafts IPO opens for subscription on 24 Aug 2026 and closes on 27 Aug 2026.The IPO will be listed on NSE with the tentative listing date set for 01 Sep 2026.

Madhur Knit Crafts IPO price band has been fixed at ₹95 – ₹100 per share. The face value is ₹10 per share with a lot size of 1200.

Madhur Knit Crafts IPO total issue size comprises 53,26,800 shares (aggregating up to ₹53.27 Cr). This includes a fresh issue of 53,26,800 shares (aggregating up to ₹53.27 Cr). Pre-issue shareholding stands at 1,34,10,125, which will increase to 1,87,36,925 post-issue.

Madhur Knit Crafts IPO carries a ₹2 (2%) GMP, reflecting investor sentiment.

Madhur Knit Crafts IPO Lot Size :Individual Minimum is 2 lots (2,400 shares) amounting to ₹240,000. Individual Maximum is 2 lots (2,400 shares) amounting to ₹240,000. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹360,000. SHNI Maximum is 8 lots (9,600 shares) amounting to ₹960,000. BHNI Minimum is 9 lots (10,800 shares) amounting to ₹1,080,000.

The Lead Managers for Madhur Knit Crafts IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is SKI Capital Services Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is NNM Securities Pvt Ltd. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Madhur Knit Crafts Limited RHP.

Madhur Knit Crafts IPO Details

Open Date

24 Aug 2026

Close Date

27 Aug 2026

Listing Date

01 Sep 2026

Issue Price

₹95 - ₹100

Face Value

₹10 per share

Lot Size

1200 Shares

GMP

₹2(2%)

Issue Type

IPO

Listing On

NSE

Type

Book Built Issue

Pre-issue Shareholding

1,34,10,125 shares

Post-issue Shareholding

1,87,36,925 shares

Total Issue Size

53,26,800 shares(aggregating up to ₹53.27 Cr)

Fresh Issue

53,26,800 shares(aggregating up to ₹53.27 Cr)

Offer for Sale

Madhur Knit Crafts IPO Subscription

Madhur Knit Crafts IPO Application Wise Breakup

Madhur Knit Crafts IPO Dates

24 Aug 2026
Opening dateOpen
27 Aug 2026
Closing dateClose
28 Aug 2026
Allotment Date Allotment
31 Aug 2026
Initiation of RefundsRefund
31 Aug 2026
Credit of SharesCredit
01 Sep 2026
Listing dateListing

Madhur Knit Crafts IPO Lot Size

Application	Lots	Shares	Amount
Individual Minimum	2	2400	₹240,000
Individual Maximum	2	2400	₹240,000
SHNI Minimum	3	3600	₹360,000
SHNI Maximum	8	9600	₹960,000
BHNI Minimum	9	10800	₹1,080,000

Madhur Knit Crafts IPO Reservation

Promoter Holding

Pre Issue:

100%

Post Issue:

71.57%

Promoter Names:

Arun Gupta, Piyush Gupta, Chirag Gupta

Documents

DRHP

Madhur Knit Crafts IPO DRHP

RHP

Madhur Knit Crafts IPO RHP

Anchor List

Anchor Investors

Madhur Knit Crafts IPO Valuations

ROE28.33%

ROCE31.11%

Debt/Equity1.69

RoNW28.33%

PAT Margin6.34%

EBITDA Margin13.19%

NAV32.47

Price to Book Value3.08

Madhur Knit Crafts Financial Information

Period Ended	28 Feb 2026	31 Mar 2025	31 Mar 2024
Assets	159.97	122.59	90.60
Total Income	194.79	171.76	108.41
Profit After Tax	12.35	11.03	1.70
EBITDA	25.67	23.28	8.04
NET Worth	43.61	29.49	16.24
Reserves and Surplus	29.93	18.76	6.54
Total Borrowing	73.54	67.20	57.79
Amount in ₹ Crore

About Madhur Knit Crafts IPO

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. Its manufacturing facility is located in Ludhiana, Punjab, a well-established textile hub, providing access to raw materials, suppliers, logistics services and distribution networks. The facility is equipped with modern textile machinery sourced from Korea, Taiwan and China and is supported by an in-house Effluent Treatment Plant. The Company is also ISO 9001:2015 certified for its quality management system.

Madhur Knit Crafts follows a made-to-order production model, manufacturing products primarily against confirmed customer orders. Its products are marketed through wholesalers, distributors, retailers, institutional buyers and direct customer relationships across India. The Company also undertakes job work services, including dyeing, knitting and finishing, for third-party textile companies.

As of February 28, 2026, the Company had 177 employees, including Directors and Key Managerial Personnel, across finance and accounts, administration and HR, sales and marketing, production, quality control, stores, engineering and maintenance functions.

Strength Of Madhur Knit Crafts IPO

A state-of-the-art manufacturing facility with advanced technology.
Strategically located manufacturing unit enabling operational efficiency and cost advantages.
Extensive experience and proven track record of the promoters.
Experienced, aligned, and professional management team driving growth and governance.
Long-standing and robust relationships with customers and suppliers.
Established relationships with key clients ensuring recurring business.
Comprehensive quality assurance and control systems to maintain product excellence.

Risk Of Madhur Knit Crafts IPO

The Company has a high geographical concentration of revenue from Punjab.
The Company has entered into certain related party transactions and may continue to do so in the future.
Certain adjustments have been made in the financial statements of the Company by its Auditors.
Major portion of the company revenue depends upon its few customers. The loss of any one or more of its major customers would have a material adverse effect on the company business operations and profitability.
Risk Related to Customers Retention, Dependence on Existing Customers, and Acquisition of New Customers.
A substantial portion of its raw materials is sourced from a limited number of suppliers. Any disruption in supply, increase in prices, or inability of these suppliers to meet quality or delivery requirements could materially and adversely affect the company operations, production schedules, and profitability.
A significant portion of its raw materials is sourced from Punjab, and any disruption in this region could materially affect the company operations, production, and financial performance.
The current geographic concentration of its operations creates an exposure to local economies, regional downturns and severe weather or other catastrophic occurrences.
The company's business is seasonal in nature.
Its has experienced negative cash flows in the past. Any such negative cash flows in the future could affect the company business, results of operations and prospects.

Objectives Madhur Knit Crafts IPO

1. Funding capital expenditure for the purchase of Solar panel.

2. Working Capital Requirement of the Company.

3. Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company

4. General Corporate Purposes

Company Contact Details

Madhur Knit Services Ltd.
Village - Seera,
Sattowal Road, Rahon Road,
Eros Bajra Road
Ludhiana, Punjab, 141007
Phone: +91 91 987800969
Email: ipo@mkcpl.in
Website: https://www.mkcpl.in/

Registrar Contact Details

Name:

Skyline Financial Services Pvt Ltd

Phone:

+91-22-28511022

Email:

ipo@skylinerta.com

Website:

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

Lead Mangers

Market Maker

Madhur Knit Crafts FAQs

The Madhur Knit Crafts IPO is a SME public issue comprising 5326800 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹53.27 Cr. The issue price has been fixed at ₹100 per equity share, and the minimum application size is 1200 shares.

The IPO opens for subscription on 24 Aug 2026, and closes on 27 Aug 2026.

Skyline Financial Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The Madhur Knit Crafts IPO opens on 24 Aug 2026.

Madhur Knit Crafts IPO lot size is 1200, and the minimum amount required for application is ₹120000.

You may apply for the Madhur Knit Crafts IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Madhur Knit Crafts IPO is scheduled to be finalized on 28 Aug 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 31 Aug 2026. Investors are advised to regularly check the Madhur Knit Crafts IPO allotment status for updates.

The listing date for the Madhur Knit Crafts IPO has not yet been officially announced. However, the tentative listing date is scheduled for 01 Sep 2026.

Madhur Knit Crafts IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹2 (2%).