Madhur Knit Crafts Ltd. IPO Details
Madhur Knit Crafts was incorporated on August 21, 1997. The company is a diversified textile manufacturer focused on product development, process efficiency and blanket manufacturing. It also produces a range of fabrics, garments and technical textiles, although consumer textile products contribute the majority of its operations
| Bidding Dates |
|---|
| 24 Aug 2026 - 27 Aug 2026 |
| Subscription |
|---|
| 0.64x Undersubscribed |
| Check Allotment Status |
|---|
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,28,000 | 2 | 2 | 1200 | 5.3 M | ₹95 - ₹100 | 70.54 % | ₹506.1 M - ₹532.8 M | RHP DOC |
Madhur Knit Crafts IPO SUBSCRIPTION STATUS
26 Aug '26Madhur Knit Crafts IPO overall subscription rate was 0.64 times the total available shares
Madhur Knit Crafts IPO retail subscription rate was 1.24 times in the retail segment
Madhur Knit Crafts IPO non-institutional investor subscription rate was 1.09 times in the non-institutional investor category
Madhur Knit Crafts IPO Qualified Institutional Bidder subscription rate was 0.08 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
26 Aug 2026 03:39 PM (Day 3) | 1.24x | 1.09x | 0.08x |
25 Aug 2026 (Day 2) | 0.67x | 1x | 0.08x |
24 Aug 2026 (Day 1) | 0.29x | 0.91x | 0.08x |
Madhur Knit Crafts FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 11MFY26 | 194.7 | 12.4 | 4.4 | -0.4 | 13.2% |
| FY25 | 171.6 | 11.0 | -2.6 | -6.1 | 13.6% |
| FY24 | 108.4 | 1.7 | -3.7 | -19.2 | 7.4% |
| FY23 | 89.3 | 0.9 | 0.0 | -1.3 | 6.2% |
Madhur Knit Crafts IPO SUBSCRIPTION STATUS DETAILS
Madhur Knit Crafts has 5.3 M shares on offer
Madhur Knit Crafts IPO offer price is in the range ₹95 - ₹100
Madhur Knit Crafts IPO minimum Investment is ₹228000
Madhur Knit Crafts IPO issue size is ₹ 506.1 M - ₹ 532.8 M
Madhur Knit Crafts has a minimum lot size of 1200 Shares per application
Madhur Knit Crafts NUMBER OF SHARES ON OFFER
Madhur Knit Crafts IPO IMPORTANT DATES
| Issue Open Date | 24 Aug 2026 |
| Issue close Date | 27 Aug 2026 |
| Allotment Date | 28 Aug 2026 |
| Refund Date | 31 Aug 2026 |
| Demat Account Credit Date | 31 Aug 2026 |
| Listing Date | 01 Sep 2026 |
| Listing on Exchange(s) | NSE |
| Madhur Knit Crafts Allotment Status | Exchange/ Registrar |
Madhur Knit Crafts IPO subscription opens on 24 Aug 2026, and closes on 27 Aug 2026
IPO allotment for Madhur Knit Crafts is expected to be finalized on Friday, 28 Aug 2026
IPO listing for Madhur Knit Crafts will be on NSE on Tuesday, 01 Sep 2026
Madhur Knit Crafts Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Madhur Knit Crafts Ltd. | 100 | 190.1 | 14.6 | 0 | 1.1 | 37.4 | 9 | 171.8 | 58.4 | 11 | 547.3 | 6.8 | 663.9 |
| KPR Mill Ltd. | 1137 | 38864.3 | 42.6 | 4 | 5.7 | 15.2 | 12.7 | 6784.3 | 5 | 866.5 | 6.3 | 26.7 | 10.7 |
| Welspun Living Ltd. | 190.6 | 18284.3 | 65.9 | -1.4 | 1.8 | 4.2 | 2 | 9467.9 | -11.5 | 204.4 | -68 | 2.9 | -48.7 |
| Vardhman Textiles Ltd. | 603 | 17455.4 | 20.6 | -43.5 | 1.7 | 7.1 | 5.4 | 10092.5 | -0.3 | 745.2 | -15.6 | 29.3 | -0.5 |
| Arvind Ltd. | 536.7 | 14600.4 | 35.3 | 2.8 | 1.5 | 10.2 | 4.7 | 9359.5 | 11.5 | 413.9 | 17.1 | 15.2 | 12.7 |
| Trident Ltd. | 24.5 | 12480 | 31.6 | -3.4 | 1.8 | 7.9 | 5 | 6775.2 | -3.9 | 377.1 | 2 | 0.8 | -9.4 |
Madhur Knit Crafts INFORMATION ON IPO ISSUE
About Madhur Knit Crafts
Madhur Knit Crafts was incorporated on August 21, 1997. The company is a diversified textile manufacturer focused on product development, process efficiency and blanket manufacturing. It also produces a range of fabrics, garments and technical textiles, although consumer textile products contribute the majority of its operations
Object of the Issue
- Funding capital expenditure for the purchase of solar panel.
- Working capital requirement of the company
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the company
- General corporate purposes
- Issue expenses
Madhur Knit Crafts - PROMOTERS
| Name |
|---|
| Arun Gupta |
| Piyush Gupta |
| Chirag Gupta |
Madhur Knit Crafts - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Arun Gupta | Managing Director |
| Piyush Gupta | Whole Time Director & Chief Financial Officer |
| Chirag Gupta | Whole Time Director |
| Avinash Rai | Independent Director |
| Sanjay Kapoor | Independent Director |
| Gurpreet Kaur | Independent Director |
Madhur Knit Crafts Book Running Lead Manager
SKI Capital Services Limited
mkcl@skicapital.net
Madhur Knit Crafts Registrar to the Offer
Skyline Financial Services Private Limited
ipo@skylinerta.com
Madhur Knit Crafts Strengths
Demand-driven production model
The company follows a made-to-order production model, starting manufacturing only after receiving confirmed customer orders. This approach reduces excess inventory, optimises raw material usage and working capital, and improves resource utilisation and financial control
Diversified product portfolio
The company offers a diversified range of textiles, including mink, woollen, fleece and flannel blankets, knitted winterwear fabrics and garments, serving both consumer and industrial markets. Its diverse product portfolio and technical textiles help spread business risk and respond to changing seasonal and market demand
Advanced machinery & infrastructure
The company has invested in advanced, high-speed textile machinery sourced from Germany, Japan, South Korea, Taiwan and China, supporting efficient and large-scale production. Its manufacturing facility spans over 300,000 sq. ft., enabling scalable operations, efficient layouts and high production capacity
Madhur Knit Crafts Risks
Seasonal demand
The company’s business is significantly influenced by seasonal demand due to its focus on winter wear garments and fabrics, with higher sales during winter months. Unseasonal weather, changing consumer preferences or delays in production and distribution could adversely affect revenue, inventory management and financial performance
Inventory management risks
The company maintains inventory based on customer forecasts and demand projections, typically covering three to four months of operations. Inaccurate forecasts could result in excess inventory or shortages, leading to higher costs, lost sales, underutilised capacity and adverse financial performance
Competition
The company operates in a highly competitive and largely unorganised textile industry, facing domestic, local and international manufacturers with varying cost advantages. Intense competition could create pricing pressure, increase marketing costs, reduce market share and adversely affect margins and financial performance
IPO FAQs
The promoters of the company are Arun Gupta, Piyush Gupta and Chirag Gupta.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 95.0 - 100.0.
The IPO application opens on Aug 24, 2026 and closes on Aug 27, 2026.
The minimum lot size for the IPO is 2400. The maximum lot size for the IPO is 2400.
For all category investors, the minimum application amount for this IPO is Rs. 228,000.0, the maximum value for this IPO is Rs 240,000.0.
This IPO will be allotted on Aug 28, 2026.
The refund will be credited to your account on Aug 31, 2026.
The allotted shares will be credited to your demat on Aug 31, 2026.
Madhur Knit Crafts Ltd.’s shares will list on the stock exchanges on Sep 01, 2026.