Madhur Knit Crafts IPO
Price Band
₹95 – ₹100
Issue Size
₹53.27 Cr
Issue Dates
24 Aug – 27 Aug 2026
Listing Date
1 Sept 2026
About Madhur Knit Crafts Ltd.
Madhur Knit Crafts Limited is a textile manufacturing company engaged in the production of fabrics, blankets, winter textiles, garments and other textile products. Incorporated in August 1997, 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, equipped with modern textile machinery sourced from Korea, Taiwan and China and supported by an in-house Effluent Treatment Plant. The Company is ISO 9001:2015 certified. Madhur Knit Crafts follows a made-to-order production model, marketing products through wholesalers, distributors, retailers, institutional buyers and direct customer relationships across India, and also undertakes job work services including dyeing, knitting and finishing for third-party textile companies.
IPO Details
| Price Band | ₹95 – ₹100 |
| Face Value | ₹10 |
| Issue Size | ₹53.27 Cr |
| Fresh Issue | ₹53.27 Cr |
| Total Shares Offered | 53,26,800 |
| Listed On | NSE |
Objects of the Issue
The Company proposes to utilise the Net Proceeds towards: (1) Funding capital expenditure for purchase of Solar panel - ₹3.68 Cr; (2) Working Capital Requirement of the Company - ₹15.92 Cr; (3) Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company - ₹20.85 Cr; (4) General Corporate Purposes. Total estimated amount: ₹40.44 Cr.
Key Financial Metrics
EPS (Basic)
₹8.23
P/E Ratio
12.15x
ROE
28.33%
ROCE
31.11%
Debt / Equity
1.69
Financial Performance
| Particulars (₹ Cr) | 31 Mar 2024 | 31 Mar 2025 | 28 Feb 2026 |
|---|---|---|---|
| Revenue | — | — | — |
| EBITDA | 8.04 | 23.28 | 25.67 |
| PAT | 1.7 | 11.03 | 12.35 |
| Total Assets | 90.6 | 122.59 | 159.97 |
| Net Worth | 16.24 | 29.49 | 43.61 |
| Total Borrowings | 57.79 | 67.2 | 73.54 |
Valuation
Market Capitalisation
P/E Ratio
Promoter Holding
Public Holding
Lot Size & Allocation
Investment by Category
| Category | Lot Size | Min Investment | Max Investment |
|---|---|---|---|
| retail | 2 × 1200 | ₹2,40,000 | ₹2,40,000 |
| shni_min | 3 × 1200 | ₹3,60,000 | — |
| shni_max | 1200 shares | — | ₹9,60,000 |
| bhni_min | 9 × 1200 | ₹10,80,000 | — |
Reservation / Allocation
| Category | Allocation | Cut-off |
|---|---|---|
| QIB | 50% | No |
| Retail | 35% | No |
| NII | 15% | No |
| Market Maker | — | No |
Registrar & Lead Managers
Registrar
Lead Managers (1)
Frequently Asked Questions
5 questions about Madhur Knit Crafts IPO IPO
Important Dates
Community Discussion
Ask questions and share your thoughts about this IPO
Be the first to ask or share about Madhur Knit Crafts IPO