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Madhur Knit Crafts IPO

Madhur Knit Crafts Limited is closed and awaiting listing, offered in a price band of ₹95 to ₹100 per share, in lots of 2400 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band
₹95 – ₹100
Lot size
2400 shares
Minimum investment
₹2,40,000
Issue size
₹53.27 Cr
Fresh issue
₹27 Cr
Offer for sale
Opens
24 Aug 2026
Closes
27 Aug 2026
Listing date
1 Sept 2026
Registrar
Skyline Financial Services Pvt. Ltd.
Symbol
MADHURKNIT

One lot of 2400 shares at the upper band price of ₹100 is ₹2,40,000 — the smallest retail application this issue accepts.

Lead managers: SKI Capital Services Ltd.

Subscription status

How many times the issue has been applied for, by investor category, as reported by the exchange at 27 Aug 2026, 07:05 pm IST.

Madhur Knit Crafts IPO — subscription by category
CategoryTimes subscribed
Qualified institutional buyers (QIB)0.00×
Non-institutional investors (NII / HNI)0.00×
Retail individual investors1.99×
Total0.00×

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Madhur Knit Crafts — financials from the offer document
PATAssetsExpenseRevenuePeriod Ended
₹0.90₹64.59₹88.56₹89.562023
₹1.70₹90.60₹106.42₹108.412024
₹11.03₹122.59₹156.87₹171.762025
₹12.35₹159.97₹178.21₹194.79February 2025

Strengths disclosed in the offer document

  • The company has a vertically integrated manufacturing facility that handles all major textile processing stages.
  • The company utilizes state-of-the-art, high-speed textile machinery imported from technologically advanced countries.
  • The company benefits from a strategic location in Ludhiana, a textile hub, providing access to suppliers, labor, and logistics.
  • The company has a diversified product portfolio catering to both consumer and industrial markets.
  • The company follows an order-based, demand-driven production model that minimizes inventory and optimizes working capital.
  • The company emphasizes quality assurance and customization, holding ISO 9001:2015 certification.
  • The company has experienced promoters and a skilled workforce with decades of industry experience.

Risk factors disclosed in the offer document

  • The company has a high geographical concentration of revenue from Punjab, exposing it to regional economic and political risks.
  • The company's business is seasonal, with higher demand during winter months and lower during off-season periods.
  • The company faces intense competition from organized, unorganized, and international players.
  • The company is dependent on the availability of adequate and uninterrupted supply of electrical power and water at reasonable costs.
  • The company is involved in certain legal proceedings, and any adverse outcome could materially affect its business.
  • The company's inability to identify, understand, or cater to evolving industry trends may adversely affect its business.
  • The company may not be successful in implementing its business strategies.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply
Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.
What it will list at
Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.
Your allotment
Allotment is decided by the registrar (Skyline Financial Services Pvt. Ltd.) after the issue closes. Track the whole calendar in the IPO Centre.

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