Madhur Knit Crafts IPO open date is August 24, 2026 and the IPO will close on August 27, 2026. Madhur Knit Crafts IPO is a Book-build Issue. The company to raise around ₹27.00 crores via IPO that comprises fresh issue of ₹27.00 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Madhur Knit Crafts IPO price band is ₹95 to ₹100 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Madhur Knit Crafts IPO to list on NSE SME on September 1, 2026. The allotment of Madhur Knit Crafts IPO date is August 28, 2026.
As per the financials, the IPO investors should apply the IPO for a long term.
Madhur Knit Crafts Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2400 | 240000 | 949 |
| sHNI | 3 | 3600 | 360000 | 211 |
| bHNI | 9 | 10800 | 1080000 | 422 |
Madhur Knit Crafts Reservation
| Category | Shares Offered | % |
|---|---|---|
| Total | 5326800 | 100% |
| Anchor | 302400 | 5.68% |
| QIB | 202800 | 3.81% |
| HNI | 2277600 | 42.76% |
| INDIVIDUAL | 2277600 | 42.76% |
| Market Maker | 266400 | 5% |
Madhur Knit Crafts About
IPO Details
| Total Issue Size | 53,26,800 shares (aggregating up to ₹53.26 Cr) |
| Fresh Issue | 53,26,800 shares (aggregating up to ₹53.26 Cr) |
| Face Value | ₹10/- Per Share |
| Issue Type | Book building IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | * shares |
| Share Holding Post Issue | * shares |
| Reserved for Market Maker | 2,66,400 shares (aggregating up to ₹2.66 Cr) |
| Market Maker | NNM Securities Private Limited |
Key Performance Indicators (KPI)
| KPI | Feb-26 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| ROE | 28.33% | 37.42% | 10.49% | 6.21% |
| ROCE | 31.11% | 33.49% | 13.09% | 13.78% |
| EPS (BASIC) | 9.20 | 8.51 | 1.41 | 0.74 |
| P/E Pre IPO | 10.86 | |||
| P/E Post IPO |
Company Financial (In ₹Crore)
| Period Ended | Feb-26 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 159.97 | 122.59 | 90.6 | 64.59 |
| Total Income | 194.79 | 171.76 | 108.41 | 89.56 |
| Profit After Tax | 12.35 | 11.03 | 1.7 | 0.9 |
| EBITDA | 25.67 | 23.28 | 8.04 | 5.51 |
| NET Worth | 43.60 | 29.49 | 16.24 | 14.54 |
| Reserves and Surplus | 29.92 | 18.76 | 6.54 | 4.84 |
| Total Borrowing | 73.54 | 67.2 | 57.79 | 34.18 |
Peers Comparison (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| Madhur Knit Crafts Limited | 10.86 | 100.00 | 10.00 |
| Kaytex Fabrics Ltd | 4.69 | 60.00 | 10.00 |
Source: RHP,All the financial information for listed industry peers mentioned above is on a Consolidated basis as available sourced from the financial Reports of the peer company uploaded on the NSE website for the year ended March 31, 2026. P/E Ratio has been computed based on the closing market price of Equity Shares on the NSE website on June 17, 2026, divided by the Diluted EPS. we have shown the P/E ratio of the IPO issuer company based on the pre-IPO valuation, and the CMP has been represented by the IPO issue price (upper price band).
Peers Comparison (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Madhur Knit Crafts Limited | 22.31 | 37.42% | 8.51 |
| Kaytex Fabrics Ltd | 79.27 | 14.96% | 12.79 |
About Company
Madhur Knit Crafts Limited was established in 1997 and has built a strong presence in the Indian textile and fashion industry, focusing on quality, innovation and speed in production.
Integrated Textile Manufacturing
The Company offers seamless yarn-to-fabric operations and specializes in pile fabrics, supported by fast lead times and an extensive portfolio of fabrics and blankets.
Key Strengths
- Integrated Production: Seamless yarn-to-fabric operations
- Pile Fabric Expertise: Specialized and exclusive capabilities
- Fast Lead Times: Quick response to changing fashion trends
- Diverse Portfolio: Wide range of fabrics and blankets
- Trend-Driven Innovation: Alignment with global fashion trends
- Quality Focus: Products meeting and exceeding international standards
- Dynamic Leadership: Visionary directors driving growth
- Customer-Centric Approach: Customized solutions and partnerships
Legacy & Market Presence
Over the years, Madhur Knit Crafts has become a trusted partner for fashion brands, retailers and designers, providing customized textile solutions aligned with emerging trends and customer preferences.
Commitment to Quality & Innovation
The Company follows the philosophy “Trust is Success”, focusing on quality raw materials, stringent quality control, sustainability, innovation and excellence. This approach supports its objective of delivering reliable textile solutions while maintaining its legacy of trust and quality.
Strength
Vertically Integrated Manufacturing: Fully integrated facility covering knitting, dyeing, printing, stentering, brushing, raising and finishing, reducing external dependency and supporting timely, customized production.
Advanced Machinery & Infrastructure: State-of-the-art machinery sourced from Germany, Japan, South Korea, Taiwan and China, supported by a 300,000+ sq. ft. manufacturing area for scalable and efficient production.
Strategic Location Advantage: Located in Ludhiana, Punjab, a major textile and hosiery hub, providing easy access to raw materials, skilled labour, ancillary industries and logistics, along with lower lead times and freight costs.
Risk Factors
Short-Term Rental Agreements: Operations depend on 11-month rental agreements. Non-renewal or unfavorable renewal terms may cause relocation, higher costs, operational delays and business disruption.
Related Party Transactions: The Company has entered into transactions with Promoters, Directors and Promoter Group. Although conducted on an arm’s-length basis, such transactions may not have been on terms as favorable as those with unrelated parties and could affect financial performance.
Raw Material Price & Availability Risk: The Company depends entirely on external suppliers for polyester, spun, acrylic, man-made, cotton and polyester-cotton blended yarns. Price fluctuations or supply constraints may adversely affect costs, business and results of operations.