MADHURKNIT · NSE · Other Textile Products
Madhur Knit Crafts IPO listed on 01 Sep 2026 on NSE at ₹100.00, a gain of 0.00% over the issue price of ₹100.00. The IPO was subscribed 1.50x overall.
Madhur Knit Crafts IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 24 Aug 2026 |
| IPO Close Date | 27 Aug 2026 |
| Basis of Allotment | 28 Aug 2026 |
| Initiation of Refunds | 31 Aug 2026 |
| Credit of Shares to Demat | 31 Aug 2026 |
| Listing Date | 01 Sep 2026 |
Listing day gain
+0%
Listed at ₹100 (issue ₹100)
Issue
₹100
Listing
₹100
Current
₹95
-5% vs issue
Day range
₹95 – ₹100
Issue Size
5,326,800 shares
(aggregating up to ₹53.00 Cr)
Issue Price
₹95 – ₹100
Face Value
₹10/share
Market Lot
1,200 shares
Retail Min Investment
₹240,000
Listing At
NSE
Sale Type
fresh issue
Fresh Issue
5,060,400 shares
(aggregating up to ₹51 Cr)
Offer for Sale
[.]
Reserved for Market Maker
266,400 shares
(aggregating up to ₹2.00 Cr)
Issue Type
book building
Open Date
24 Aug
Close Date
27 Aug
Allotment
28 Aug
Listing
01 Sep
Last updated: 1 month ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 31 Aug 2026 Latest | ₹100 | ₹2 | ₹102 | ₹2 |
2%
|
5:21 PM |
| 31 Aug 2026 | ₹100 | ₹2 | ₹102 | ₹2 |
2%
|
4:50 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 27 Aug 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 1.01x | - |
| NII | 0.74x | - |
| bNII (bids above ₹10L) | 0.86x | - |
| sNII (bids below ₹10L) | 0.8x | - |
| Individual Investors | 2.3x | - |
| Total | 1.5x | - |
Showing the latest subscription snapshot.
View full subscription historyArun Gupta, Piyush Gupta, and Chirag Gupta are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹240,000 |
| Retail (Max) | 2 | 2,400 | ₹240,000 |
| S-HNI (Min) | 3 | 3,600 | ₹360,000 |
| S-HNI (Max) | 8 | 9,600 | ₹960,000 |
| B-HNI (Min) | 9 | 10,800 | ₹1,080,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 505,200 (9.49%) |
|
•
Anchor Investor Shares Offered
|
302,400 (5.68%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
202,800 (3.81%) |
| NII (HNI) Shares Offered | 2,277,600 (42.75%) |
|
•
bNII > ₹10L
|
1,518,400 (28.50%) |
|
•
sNII < ₹10L
|
759,200 (14.25%) |
| Employees Shares Offered | 266,400 (5.00%) |
| Retail Shares Offered | 2,277,600 (42.76%) |
| Total Shares Offered | 5,326,800 (100.00%) |
Madhur Knit Crafts Limited was originally incorporated as Madhur Knit Crafts Private Limited on August 21, 1997, and is headquartered in Ludhiana, Punjab. It works in the textile manufacturing sector, focused on home-furnishing products and knitted fabrics.
The company manufactures blankets, including acrylic, woollen, printed, designer and mink variants, along with knitted and crocheted fabrics. It sells through a domestic dealer network and also exports its products. Manufacturing is carried out at a facility equipped with textile machinery imported from Korea, Taiwan and China, supporting processes such as knitting, dyeing, printing, brushing, polishing, sueding and stentering.
Total income rose to Rs 171.76 crore in FY25 from Rs 108.41 crore in FY24 and Rs 89.56 crore in FY23. Return on net worth improved to 37.42% in FY25 from 7.43% in FY23, and net asset value per share rose to Rs 22.31 in FY25 from Rs 13.12 in FY23. This is an SME IPO, proposed to be listed on the NSE Emerge platform. The issue is entirely a fresh issue of up to 56,00,000 equity shares of face value Rs 10 each, with no offer-for-sale component and the price band yet to be announced. Net proceeds are proposed to be used for setting up a rooftop solar power plant, meeting working capital requirements, and prepayment or repayment of a portion of the company's outstanding borrowings, with any balance for general corporate purposes.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Jun 2025 |
|---|---|---|---|
| Total Revenue | 108.41 | 171.76 | 65.23 |
| Profit After Tax (PAT) | 1.7 | 11.03 | 3.02 |
| EBITDA | 8.04 | 2.29 | 7.07 |
| Total Assets | 90.6 | 122.59 | 140.76 |
| Net Worth | 16.24 | 29.49 | 32.5 |
| Reserves & Surplus | 6.54 | 18.76 | 19.09 |
| Total Borrowing | 57.79 | 67.2 | 72.19 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2025 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 37.42% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 33.49% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 37.42% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 6.43% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 13.56% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 2.28x |
The basis of allotment for Madhur Knit Crafts IPO was finalised on 28 Aug 2026. You can check your allotment status using your PAN number or application number on the Skyline Financial Services Pvt.Ltd. portal or BSE.
The Madhur Knit Crafts IPO is expected to open in Aug 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Madhur Knit Crafts IPO is ₹95.00 - ₹100.00 per share.
As per market sources, Madhur Knit Crafts IPO GMP is currently ₹2.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Madhur Knit Crafts IPO stands at 1.50x overall.
The listing date for Madhur Knit Crafts IPO is 01 Sep 2026.
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