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Market capitalisation is the post-issue share count in the offer document’s capital structure (1,61,10,125 shares) multiplied by the upper end of the price band, ₹100. It is arithmetic on those two filed figures, not a valuation.
| ₹ crore | 2023 | 2024 | 2025 | February 2025 |
|---|---|---|---|---|
| Revenue | ₹89.56 | ₹108.41 | ₹171.76 | ₹194.79 |
| Expenses | ₹88.56 | ₹106.42 | ₹156.87 | ₹178.21 |
| Net profit (PAT) | ₹0.9 | ₹1.7 | ₹11.03 | ₹12.35 |
| PAT margin | 1.0% | 1.6% | 6.4% | 6.3% |
| Total assets | ₹64.59 | ₹90.6 | ₹122.59 | ₹159.97 |
The founding owners and their group entities.
The post-issue ring is the register this issue’s RHP discloses. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.
| # | Anchor investor | Shares | % of book | ₹ Cr |
|---|---|---|---|---|
| 1 | Sunrise Investment | 2,00,400 | 66.27% | 2.00 |
| 2 | Craft Emerging | 1,02,000 | 33.73% | 1.02 |
Ranked by size of allocation; every anchor in an issue pays the same price, so the ranking is the same whether read in shares, rupees or share of the book. Anchor investors are allotted shares one day before the issue opens, at a price fixed on that day, and are locked in afterwards. Read straight from the company’s own Anchor Allocation intimation letter filed with the exchanges — names appear exactly as printed there. Percentages are the filer’s own and total the anchor portion, not the whole issue. View the filed letter
| Application | Shares | Amount at ₹100 |
|---|---|---|
| Individual investor (min)minimum application | 2,400 | ₹2,40,000 |
The minimum application is 2,400 shares, ₹2,40,000 at the ₹100 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Madhur Knit Crafts Limited, the registrar is Skyline Financial Services Pvt. Ltd. — allotment is finalised in the days between the issue closing on 27 Aug 2026 and listing on 01 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Skyline. Your bank will also show the blocked amount released if shares were not allotted.
The offer document for the Madhur Knit Crafts Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.
The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.
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 page lists all 7 as disclosed.
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 page lists all 7 disclosed risk factors.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹0 on a ₹100 upper band means the grey market is dealing at ₹100.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.