Madhur Knit Crafts IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Aug 24 to Aug 27 2026
Price Band
₹95 - 100
Current GMP
₹100 (0.00%)
Subscription
1.50 times
IPO Details
| IPO Date | 24 to 27 Aug, 2026 |
| Listing Date | Tue, Sep 1, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹95 to ₹100 |
| Issue Price | ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 53,26,800 shares (agg. up to ₹ 53 Cr) |
| Reserved for Market Maker | 2,66,400 shares (agg. up to ₹ 3 Cr) NNM Securities Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 50,60,400 shares (agg. up to ₹ 51 Cr) |
| Net Offered to Public | 50,60,400 shares (agg. up to ₹ 51 Cr) |
| Share Holding Pre Issue | 1,36,82,432 shares |
| Share Holding Post Issue | 1,90,09,232 shares |
IPO Date
24 to 27 Aug, 2026
Listing Date
Tue, Sep 1, 2026
Face Value
₹ 10 per share
Price Band
₹95 to ₹100
Issue Price
₹100 per share
Lot Size
1,200 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Total Issue Size
53,26,800 shares (agg. up to ₹ 53 Cr)
Reserved for Market Maker
2,66,400 shares (agg. up to ₹ 3 Cr) NNM Securities Pvt.Ltd.
Fresh Issue (Ex Market Maker)
50,60,400 shares (agg. up to ₹ 51 Cr)
Net Offered to Public
50,60,400 shares (agg. up to ₹ 51 Cr)
Share Holding Pre Issue
1,36,82,432 shares
Share Holding Post Issue
1,90,09,232 shares
IPO Subscription Details
| Anchor | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 1.01 |
| NII*** | 0.74 |
| bNII (> ₹10L) | 0.86 |
| sNII (< ₹10L) | 0.80 |
| Individual Investors | 2.30 |
| Total ** | 1.50 |
Anchor
1
Market Maker
1
QIB (Ex Anchor)
1.01
NII***
0.74
bNII (> ₹10L)
0.86
sNII (< ₹10L)
0.80
Individual Investors
2.30
Total **
1.50
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Aug 2 4 (Day 1) | 0.99 | 0.32 | 0.56 | 0.03 | 0.25 | 0.32 |
| Aug 2 5 (Day 2) | 1.01 | 0.23 | 0.38 | 0.08 | 0.55 | 0.42 |
| Aug 2 6 (Day 3) | 1.01 | 0.28 | 0.42 | 0.15 | 1.10 | 0.70 |
| Aug 2 7 (Day 4) | 1.01 | 0.74 | 0.86 | 0.80 | 2.30 | 1.50 |
DayAug 2
4 (Day 1)
QIB (Ex Anchor)0.99
NII*0.32
NII (> ₹10L)0.56
NII (< ₹10L)0.03
Individual Investors0.25
Total0.32
DayAug 2
5 (Day 2)
QIB (Ex Anchor)1.01
NII*0.23
NII (> ₹10L)0.38
NII (< ₹10L)0.08
Individual Investors0.55
Total0.42
DayAug 2
6 (Day 3)
QIB (Ex Anchor)1.01
NII*0.28
NII (> ₹10L)0.42
NII (< ₹10L)0.15
Individual Investors1.10
Total0.70
DayAug 2
7 (Day 4)
QIB (Ex Anchor)1.01
NII*0.74
NII (> ₹10L)0.86
NII (< ₹10L)0.80
Individual Investors2.30
Total1.50
Day Wise GMP
| GMP Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 01-09-2026 | 100 | 2 (2.00%) | 102 |
| 31-08-2026 | 100 | 2 (2.00%) | 102 |
| 30-08-2026 | 100 | 2 (2.00%) | 102 |
| 29-08-2026 | 100 | 2 (2.00%) | 102 |
| 28-08-2026 | 100 | 2 (2.00%) | 102 |
| 27-08-2026 | 100 | 2 (2.00%) | 102 |
| 26-08-2026 | 100 | 14 (14.00%) | 114 |
| 25-08-2026 | 100 | 16 (16.00%) | 116 |
| 24-08-2026 | 100 | 16 (16.00%) | 116 |
| 23-08-2026 | 100 | 9 (9.00%) | 109 |
| 22-08-2026 | 100 | 0 (0%) | 100 |
| 21-08-2026 | 100 | 0 (0%) | 100 |
| 20-08-2026 | 100 | 0 (0%) | 100 |
| 19-08-2026 | 100 | 0 (0%) | 100 |
| 18-08-2026 | 100 | 0 (0%) | 100 |
GMP Date01-09-2026
IPO Price100
GMP2 (2.00%)
Est. Listing Price102
GMP Date31-08-2026
IPO Price100
GMP2 (2.00%)
Est. Listing Price102
GMP Date30-08-2026
IPO Price100
GMP2 (2.00%)
Est. Listing Price102
GMP Date29-08-2026
IPO Price100
GMP2 (2.00%)
Est. Listing Price102
GMP Date28-08-2026
IPO Price100
GMP2 (2.00%)
Est. Listing Price102
GMP Date27-08-2026
IPO Price100
GMP2 (2.00%)
Est. Listing Price102
GMP Date26-08-2026
IPO Price100
GMP14 (14.00%)
Est. Listing Price114
GMP Date25-08-2026
IPO Price100
GMP16 (16.00%)
Est. Listing Price116
GMP Date24-08-2026
IPO Price100
GMP16 (16.00%)
Est. Listing Price116
GMP Date23-08-2026
IPO Price100
GMP9 (9.00%)
Est. Listing Price109
GMP Date22-08-2026
IPO Price100
GMP0 (0%)
Est. Listing Price100
GMP Date21-08-2026
IPO Price100
GMP0 (0%)
Est. Listing Price100
GMP Date20-08-2026
IPO Price100
GMP0 (0%)
Est. Listing Price100
GMP Date19-08-2026
IPO Price100
GMP0 (0%)
Est. Listing Price100
GMP Date18-08-2026
IPO Price100
GMP0 (0%)
Est. Listing Price100
IPO Important Dates
| IPO Open | Mon, Aug 24, 2026 |
| IPO Close | Thu, Aug 27, 2026 |
| Allotment | Fri, Aug 28, 2026 |
| Refund | Mon, Aug 31, 2026 |
| Credit of Shares | Mon, Aug 31, 2026 |
| Listing | Tue, Sep 1, 2026 |
IPO Open
Mon, Aug 24, 2026
IPO Close
Thu, Aug 27, 2026
Allotment
Fri, Aug 28, 2026
Refund
Mon, Aug 31, 2026
Credit of Shares
Mon, Aug 31, 2026
Listing
Tue, Sep 1, 2026
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,400 | ₹2,40,000 |
| Individual investors (IND) (Max) | 2 | 2,400 | ₹2,40,000 |
| S-HNI (Min) | 3 | 3,600 | ₹3,60,000 |
| S-HNI (Max) | 8 | 9,600 | ₹9,60,000 |
| B-HNI (Min) | 9 | 10,800 | ₹10,80,000 |
ApplicationIndividual investors (IND) (Min)
Lots2
Shares2,400
Amount₹2,40,000
ApplicationIndividual investors (IND) (Max)
Lots2
Shares2,400
Amount₹2,40,000
ApplicationS-HNI (Min)
Lots3
Shares3,600
Amount₹3,60,000
ApplicationS-HNI (Max)
Lots8
Shares9,600
Amount₹9,60,000
ApplicationB-HNI (Min)
Lots9
Shares10,800
Amount₹10,80,000
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 |
Period EndedAssets
28 Feb 2026159.97
31 Mar 2025122.59
31 Mar 202490.60
Period EndedTotal Income
28 Feb 2026194.79
31 Mar 2025171.76
31 Mar 2024108.41
Period EndedProfit After Tax
28 Feb 202612.35
31 Mar 202511.03
31 Mar 20241.70
Period EndedEBITDA
28 Feb 202625.67
31 Mar 202523.28
31 Mar 20248.04
Period EndedNET Worth
28 Feb 202643.61
31 Mar 202529.49
31 Mar 202416.24
Period EndedReserves and Surplus
28 Feb 202629.93
31 Mar 202518.76
31 Mar 20246.54
Period EndedTotal Borrowing
28 Feb 202673.54
31 Mar 202567.20
31 Mar 202457.79
Key Performance Indicator
| ROE | 28.33% |
| ROCE | 31.11% |
| Debt/Equity | 1.69 |
| RoNW | 28.33% |
| PAT Margin | 6.34% |
| EBITDA Margin | 13.19% |
| NAV | 32.47 |
| Price to Book Value | 3.08 |
ROE
28.33%
ROCE
31.11%
Debt/Equity
1.69
RoNW
28.33%
PAT Margin
6.34%
EBITDA Margin
13.19%
NAV
32.47
Price to Book Value
3.08
IPO Reservation
| QIB | 5,05,200 |
| − Anchor Investor | 3,02,400 |
| − QIB (Ex. Anchor) | 2,02,800 |
| NII (HNI) | 22,77,600 |
| − bNII > ₹10L | 15,18,000 |
| − sNII < ₹10L | 7,59,600 |
| Retail | 22,77,600 |
| Market Maker | 2,66,400 |
| Total | 53,26,800 |
QIB
5,05,200
− Anchor Investor
3,02,400
− QIB (Ex. Anchor)
2,02,800
NII (HNI)
22,77,600
− bNII > ₹10L
15,18,000
− sNII < ₹10L
7,59,600
Retail
22,77,600
Market Maker
2,66,400
Total
53,26,800
Information about 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. 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.
Strengths
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
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
5: Issue Expenses
: Total
Disclaimer
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