How to Check Madhur Knit Crafts IPO Allotment Status

The allotment for the Madhur Knit Crafts IPO was finalised on August 28, 2026. Investors can check their allotment status online through the registrar's website, as well as through the NSE platform. The registrar to the issue is Skyline Financial Services Pvt. Ltd. 

Madhur Knit Crafts Ltd. is a textile manufacturing company engaged in the production of knitted fabrics and blankets. The company caters to domestic and export markets and operates in the textile and home furnishing segment. 

About the Madhur Knit Crafts Ltd. IPO

Madhur Knit IPO was a ₹53.27 crore book-built SME issue comprising an entirely fresh issue of 53.27 lakh equity shares. The public issue opened for subscription on August 24, 2026 and closed on August 27, 2026. 

The basis of allotment was finalised on August 28, 2026. Shares are expected to be credited to successful applicants' demat accounts on August 31, 2026, while refunds to unsuccessful bidders are expected to be initiated on the same day. The shares are scheduled to list on the NSE SME platform on September 1, 2026. 

The IPO was priced at ₹100 per share with a lot size of 1,200 shares. SKI Capital Services Ltd. acted as the book-running lead manager, while Skyline Financial Services Pvt. Ltd. was appointed as the registrar to the issue. 

 Registrar: Skyline Financial Services Pvt. Ltd. 

 NSE: NSE IPO Allotment Status Page 

Madhur Knit Crafts Ltd. IPO Subscription Status

Madhur Knit IPO was subscribed 1.50 times overall at the close of bidding on August 27, 2026. The issue witnessed the highest demand from retail investors, while QIB participation remained marginally above one time subscription and NII demand remained below full subscription. 

The QIB portion closed at 1.01 times subscription, indicating that institutional demand just about covered the shares reserved for the category. 

The NII category was subscribed 0.74 times, reflecting relatively muted participation from high-net-worth investors compared with many recent SME offerings. 

Retail investors subscribed their allotted portion 2.30 times, making them the strongest bidding segment in the issue. 

Overall subscription increased from 0.32 times on the opening day to 1.50 times by the close of bidding, with retail participation driving the final-day demand.

Madhur Knit Crafts Ltd. IPO Share Price and Investment Details

Madhur Knit IPO was priced at ₹100 per share. The issue lot size was fixed at 1,200 shares. Under SME IPO norms, retail investors were required to apply for a minimum of two lots (2,400 shares), taking the minimum investment amount to ₹2.40 lakh. 

The IPO comprised 53.27 lakh equity shares aggregating to ₹53.27 crore. Since the issue was entirely a fresh issue, there was no offer-for-sale component in the IPO. 

Based on the final subscription figures, retail investors led demand at 2.30 times, followed by QIBs at 1.01 times, while NIIs subscribed 0.74 times. Overall subscription stood at 1.50 times. 

With the issue subscribed 1.50 times overall, allotment prospects remained relatively better than heavily oversubscribed SME IPOs. The basis of allotment was finalised on August 28, 2026, ahead of the proposed September 1 listing. 

Utilisation of IPO Proceeds

Madhur Knit Crafts proposes to utilise the proceeds from the fresh issue to support its business growth and operational requirements. Since the IPO consists entirely of newly issued shares, the funds raised will accrue directly to the company. 

The capital raised is expected to strengthen the company's financial position and support future expansion initiatives in its textile manufacturing operations. 

A portion of the proceeds may also be utilised towards working capital requirements and general corporate purposes to support the company's ongoing business activities. 

Unlike IPOs that contain an offer-for-sale component, Madhur Knit Crafts will receive the full proceeds from the public issue as no existing shareholders sold shares through the IPO. 

The fresh issue structure is expected to provide additional financial flexibility while supporting the company's long-term growth plans.