clay-ipo

Clay Craft India IPO

  • Status: Closed
  • RHP:
  • NSE SME
  • ₹ 231,600 / 1200 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    24 Jun 2026

  • Listing Price

    ₹ 211.00

  • Listing Change

    -

  • Last Traded Price

    ₹ 200.00

Clay Craft India IPO Details

  • Open Date

    17 Jun 2026

  • Close Date

    19 Jun 2026

  • IPO Price Range

    ₹ 193 to ₹203

  • IPO Size

    ₹ 110.11 Cr

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Clay Craft India IPO Subscription Status

Last Updated: 03 July 2026 11:06 AM by 5paisa

Clay Craft India Limited is engaged in the manufacturing and distribution of ceramic tableware products in India. The company designs, develops, manufactures and sells ceramic tableware, including dinner sets, tea and coffee serving sets, mugs, tumblers, platters, bowls and table top accessories. 

The company markets its products under its in-house brands, Clay Craft and JCPL. It also undertakes design, development and manufacturing activities for select customers. Clay Craft India also offers customised ceramic solutions for corporate and institutional clients and has developed a product range for the HoReCa segment. 

As of March 31, 2026, the company offered approximately 5,770 SKUs across various product categories under different brands. The company operates manufacturing facilities in Rajasthan and is setting up an additional manufacturing facility at Manda, Rajasthan. 

Incorporated in: October 31, 1988 

Managing Director: Vikas Agarwal 

Clay Craft India Objectives

1. To fund capital expenditure towards setting up an additional manufacturing facility at Manda, Rajasthan: ₹97.00 crore 

2. Funds will support general corporate purposes 

Clay Craft India IPO Size 

Types Size
Total IPO Size ₹110.11 Cr 
Offer For Sale -
Fresh Issue ₹110.11 Cr 

Clay Craft India IPO Lot Size 

Application Lots Shares Amount (₹)
Retail (Min) 2 1,200  ₹2,43,600 
Retail (Max) 2 1,200  ₹2,43,600 
S - HNI (Min) 3 1,800  ₹3,65,400 
S - HNI (Max)  8 4,800  ₹9,74,400 
B - HNI (Min)  9 5,400  ₹10,96,200  

Clay Craft India IPO Reservation

Investors Category Subscription (times) Shares Offered* Shares bid for Total Amount (Cr.)*
QIB (Ex Anchor) 119.19 10,30,200 12,27,90,600 2,492.65
Non-Institutional Buyers 153.95 7,77,000 11,96,16,600 2,428.22
BNII 185.33 5,19,000 9,61,88,400 1,952.62
SNII 90.81 2,58,000 2,34,28,200 475.59
Individual Investors (IND category bidding for 2 Lots) 71.76 18,03,600 12,94,27,200 2,627.37
Total** 103.06 36,07,800 37,18,34,400 7,548.24

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (In ₹ Crores) FY24 FY25 FY26
Revenue 146.99  154.44  184.57 
EBITDA 28.65  35.39  41.96 
PAT 13.50  20.76  27.01 
Particulars (In ₹ Crores) FY24 FY25 FY26
Total Assets 188.67  217.39  251.95 
Share Capital 4.89  5.05  15.15 
Total Liabilities 46.80  47.75  49.98 
Cash Flows (₹ Crores) FY24 FY25 FY26
Net Cash Generated From / (used in) Operating Activities 25.36  27.17  26.64 
Net Cash Generated From / (used in) Investing Activities (14.40)  (0.65)  (21.08) 
Net Cash Generated From / (used in) Financing Activities (24.11)  (3.35)  (1.89) 
Net Increase (Decrease) in Cash and Cash Equivalents (13.15)  23.17  3.68 


Strengths

1. Established ceramic tableware manufacturer with operating history since 1988 

2. Diversified product portfolio of approximately 5,770 SKUs across dinnerware, mugs, platters, tea and coffee service sets and other products 

3. In-house brands Clay Craft and JCPL support brand-led sales across product categories 

4. Serves retail, institutional, corporate gifting and HoReCa customer segments

Weaknesses

1. Manufacturing operations are concentrated in Rajasthan 

2. Total borrowings increased from ₹46.80 crore in FY24 to ₹49.98 crore in FY26 

3. FY26 and FY25 numbers are consolidated, while FY24 is standalone, which affects direct comparability 

4. Ceramic tableware is a competitive and fragmented market 

Opportunities

1. Additional manufacturing facility at Manda, Rajasthan can support capacity expansion 

2. Rising demand from HoReCa, corporate gifting and institutional customers can support organised ceramic tableware players 

3. Growth in online retail and omni-channel distribution can improve reach 

4. Festive, wedding and home improvement-led demand can support tableware consumption 

Threats

1. High competition from organised brands, local manufacturers and imported products 

2. Volatility in key raw materials and energy costs can affect margins 

3. Any delay in the Manda facility expansion can affect planned growth 

4. Changes in consumer preferences can affect product demand 

Clay Craft India Limited is an established ceramic tableware manufacturer with a legacy dating back to 1988. The company boasts a highly diversified product portfolio featuring approximately 5,770 SKUs, including dinnerware, mugs, platters, and tea/coffee service sets. Sales are strongly supported across all product categories by its prominent in-house brands, Clay Craft and JCPL. To drive future growth, the company will utilize its fresh issue proceeds to fund a new manufacturing facility in Manda, Rajasthan. 

India’s ceramic tableware market is supported by household consumption, hospitality demand, festive purchases, weddings, home renovation and rising preference for design-led kitchen and dining products. Ceramic tableware is also gaining relevance as consumers move towards durable, reusable and traditional material-based tableware options. 

Growth in hotels, restaurants, cafés, corporate gifting and organised retail can support demand for ceramic tableware. Online retail and omni-channel distribution are also changing how tableware brands reach consumers. Clay Craft India operates in this market through its in-house brands, customised products, institutional business and HoReCa-focused product range. 

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FAQs

Clay Craft India IPO opens on June 17, 2026 and closes on June 19, 2026. 

Clay Craft India IPO is a ₹110.11 crore issue.  

The price band of Clay Craft India IPO is ₹193 to ₹203 per share. 

The lot size of Clay Craft India IPO is 1,200 shares.  

The minimum investment required for Clay Craft India IPO is ₹2,43,600. 

The basis of allotment for Clay Craft India IPO is expected to be finalised on June 22, 2026. 

Clay Craft India IPO is expected to list on NSE Emerge on June 24, 2026. 

Hem Securities Limited is the book running lead manager for Clay Craft India IPO. 

Clay Craft India IPO plans to utilise the Net Proceeds mainly towards funding capital expenditure for setting up an additional manufacturing facility at Manda, Rajasthan and general corporate purposes.