Madhur Knit Crafts Limited IPO Details
Factual IPO information from public filings. Not investment advice.
Issue Details
- Price Band
- ₹95 – ₹100
- Lot Size
- 1,200 shares
- Min. Investment
- ₹1,20,000
- 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
Lot Size & Investment
1 lot = 1,200 shares
Retail (min)
2 lots · 2,400 shares
Retail (max)
2 lots · 2,400 shares
S-HNI (min)
3 lots · 3,600 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 2,400 | ₹2,40,000 |
| Small HNI (S-HNI) | 3 | 3,600 | ₹3,60,000 |
| Big HNI (B-HNI) | 9 | 10,800 | ₹10,80,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Feb-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 159.97 | 122.59 | 90.6 |
| Total Income | 194.79 | 171.76 | 108.41 |
| Profit After Tax | 12.35 | 11.03 | 1.7 |
| EBITDA | 25.67 | 23.28 | 8.04 |
| Net Worth | 43.61 | 29.49 | 16.24 |
| Reserves & Surplus | 29.93 | 18.76 | 6.54 |
| Total Borrowing | 73.54 | 67.2 | 57.79 |
Key Performance Indicators
| Period | Feb-26 | Mar-25 |
|---|---|---|
| ROE (%) | 28.33 | 37.42 |
| ROCE (%) | 31.11 | 33.49 |
| EPS (₹) | — | 8.23 |
| P/E (pre-issue) | — | 12.15 |
| P/E (post-issue) | — | 13.91 |
About Madhur Knit Crafts Limited
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
Company Information
- 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.