Madhur Knit Crafts IPO Details

SME NSE

Madhur Knit Crafts IPO Summary

Madhur Knit Crafts Logo | Madhur Knit Crafts IPO Details, Date, Price, GMP, Live Subscription

Madhur Knit Crafts IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

Madhur Knit Crafts IPO total issue size comprises 56,00,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 56,00,000 shares (aggregating up to ₹0.00 Cr.).

Madhur Knit Crafts IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

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 detailed information, Refer to the Madhur Knit Crafts Limited DRHP.

Madhur Knit Crafts IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0 Shares
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Pre-issue Shareholding
1,34,10,125 shares
Post-issue Shareholding
-
Total Issue Size
56,00,000 shares(aggregating up to ₹0.00 Cr.)
Fresh Issue
56,00,000 shares(aggregating up to ₹0.00 Cr.)
Offer for Sale
-
DRHP Status
Exchange Approval Received

Madhur Knit Crafts IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Madhur Knit Crafts IPO Reservation

Promoter Holding

Pre Issue:
-
Post Issue:
-

Madhur Knit Crafts IPO Valuations

ROE37.42%
ROCE33.49%
DEBT/EQUITY2.28
RONW37.42%
PAT MARGIN6.43%

Madhur Knit Crafts Financial Information

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets140.76122.5990.6064.59
Total Income65.23171.76108.4189.56
Profit After Tax3.0211.031.700.90
EBITDA7.0723.288.045.51
NET Worth32.5029.4916.2414.54
Reserves and Surplus19.0918.766.544.84
Total Borrowing72.1967.2057.7934.18
Amount in ₹ Crore

About Madhur Knit Crafts IPO

Incorporated on August 21, 1997, Madhur Knit Crafts Limited operates in the textile space, principally manufacturing home-furnishing products and knitted & crocheted fabrics.

The company’s product portfolio includes blankets (acrylic, woollen, printed, designer), mink blankets, and related home-textile offerings. It services domestic markets through dealer networks and engages in export too.

The Company operates from a state-of-the-art manufacturing facility equipped with textile machinery imported from Korea, Taiwan, and China, supporting a wide range of processes including knitting, dyeing, printing, brushing, polishing, sueding, and stentering.

Strength Of Madhur Knit Crafts IPO

To be announced

Risk Of Madhur Knit Crafts IPO

To be announced

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

Madhur Knit Crafts FAQs

The Madhur Knit Crafts IPO is a SME public issue comprising 5600000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

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 TBA.

Madhur Knit Crafts IPO lot size is 0, and the minimum amount required for application is ₹0.

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 TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. 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 TBA.

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 TBA.

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