Madhur Knit Crafts Limited

Total Issue Size

₹53.27 Cr

53,26,800 shares

Fresh Issue

₹53.27 Cr

53,26,800 shares

Offer for Sale

₹0 Cr

Face Value

₹10 per share

Issue Type

Book-built IPO

Listing At

NSE SME

Shares Pre-Issue

1,36,82,432

Shares Post-Issue

1,90,09,232

1. Offer opens

   24 Aug 2026

2. Offer closes

   27 Aug 2026

3. Allotment

   28 Aug 2026

4. Listing

   1 Sept 2026

• Anchor5.7%3,02,400 shares
• QIB3.8%2,02,800 shares
• HNI42.8%22,77,600 shares
• Retail42.8%22,77,600 shares
• MarketMaker5.0%2,66,400 shares

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 Vertically integrated manufacturing operations Advanced machinery and manufacturing infrastructure Strategic location in Ludhiana's textile hub Diversified product portfolio Order-based and demand-driven production model Robust supplier and distribution network Emphasis on quality assurance and customization

• Funding capital expenditure for the purchase of Solar panel. (₹3.68 Cr)
• Working Capital Requirement of the Company. (₹15.92 Cr)
• Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company (₹20.85 Cr)
• General Corporate Purposes (₹7.90 Cr)
• Issue Expenses (₹4.93 Cr)

• <p>Arun Gupta
• Piyush Gupta
• Chirag Gupta</p>

Book running lead managers

• SKI Capital Services Ltd.

Registered office

Village - Seera,, Sattowal Road, Rahon Road,, Eros Bajra Road, Ludhiana, Punjab, 141007

Market maker

NNM Securities Pvt.Ltd.

• DRHPDraft Red Herring Prospectus
• RHPRed Herring Prospectus
• AnchorAnchor Investor List