MADHUR KNIT CRAFTS LTD. text next to a geometric diamond emblem featuring stylized 'M' and 'K' letters

Madhur Knit Crafts IPO

  • Status: Closed
  • RHP:
  • NSE SME
  • ₹ 228,000 / 2400 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    01 Sep 2026

  • Listing Price

    ₹ 100.00

  • Listing Change

    0.00%

  • Last Traded Price

    ₹ 73.60

Madhur Knit Crafts IPO Details

  • Open Date

    24 Aug 2026

  • Close Date

    27 Aug 2026

  • IPO Price Range

    ₹ 95 to ₹100

  • IPO Size

    ₹ 53.27 Cr

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Madhur Knit Crafts IPO Subscription Status

Last Updated: 27 August 2026 6:30 PM by 5paisa

Madhur Knit Crafts Limited is a textile manufacturer producing fabrics, blankets, winter textiles, garments and related products. Operating since 2013, the Company follows an integrated yarn-to-cloth manufacturing model covering knitting, dyeing, printing and finishing processes. Its Ludhiana facility is equipped with modern machinery and an in-house Effluent Treatment Plant. The Company follows a made-to-order model, serving wholesalers, retailers, institutional buyers and customers across India, alongside providing textile job work services. 

Established in: 1997 

Managing Director: Arun Gupta 

Peers:  Kaytex Fabrics Ltd 

Madhur Knit Crafts Objectives

1. Funding capital expenditure for the purchase of Solar panel.     

2. Working Capital Requirement of the Company.     

3. Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company     

4. General Corporate Purposes 

Madhur Knit Crafts IPO Size

Types Size
Total IPO Size

₹53.27 Cr 

Offer For Sale -
Fresh Issue

₹53.27 Cr 

Madhur Knit Crafts IPO Lot Size

Application Lots Shares Amount (₹)
Retail (Min) 2 2,400 ₹2,28,000
Retail (Max) 2 2,400 ₹2,40,000
S - HNI (Min) 3 3,600 ₹3,42,000
S - HNI (Max)  8 9,600 ₹9,60,000
B - HNI (Min)  9 10,800 ₹10,26,000

Madhur Knit Crafts IPO Reservation

Investors Category Subscription (times) Shares Offered* Shares bid for Total Amount (Cr.)*
QIB (Ex Anchor) 1.01 2,02,800 2,04,000 2.040
Non-Institutional Buyers 0.46 22,77,600 10,56,000 10.560
  bNII 0.51 12,52,000 6,43,200 6.432
 sNII 0.54 7,59,200 4,12,800 4.128
Individual Investors (IND category bidding for 2 Lots) 1.86 22,77,600 42,36,000 42.360
Total** 1.16 47,58,000 54,96,000 54.960

*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) FY23 FY24 FY25
Revenue

89.33  

108.38 

171.64 

EBITDA

5.51 

8.04 

23.28 

PAT

0.90 

1.70 

11.03  

Particulars (In ₹ Crores) FY23 FY24 FY25
Total Assets

64.59 

90.60 

122.59  

Share Capital

9.70 

9.70 

10.73 
Total Liabilities

64.59 

90.60 

122.59 

Cash Flows (₹ Crores) FY23 FY24 FY25
Net Cash Generated From / (used in) Operating Activities

-0.05 

-3.68 

-2.56  

Net Cash Generated From / (used in) Investing Activities

-1.32  

-15.70 

-3.60  

Net Cash Generated From / (used in) Financing Activities

1.29 

19.50  

6.06  

Net Increase (Decrease) in Cash and Cash Equivalents

-0.08  

0.12 

-0.10  


Strengths

1. Integrated manufacturing supports better production process control.  

2. Diversified portfolio serves multiple textile customer segments.  

3. Ludhiana location provides strong textile ecosystem advantages.  

4. Modern machinery supports efficient manufacturing and finishing.  

Weaknesses

1. Made-to-order model depends heavily on customer demand.  

2. Operations remain concentrated within a single manufacturing location.  

3. Textile manufacturing requires significant working capital investment.  

4. Dependence on distributors may limit direct customer reach.  

Opportunities

1. Growing textile demand can support business expansion.  

2. Institutional textile requirements offer additional revenue opportunities.  

3. Job work services can diversify income streams.  

4. Product diversification can strengthen presence across markets.  

Threats

1. Raw material price volatility may pressure margins.  

2. Intense textile competition can affect pricing power.  

3. Changing consumer preferences may impact product demand.  

4. Regulatory requirements could increase manufacturing compliance costs. 

1. Integrated operations support greater manufacturing process efficiency. 

2. Diversified products serve multiple textile market segments. 

3. Ludhiana facility benefits from established industry ecosystem. 

4. Made-to-order model supports demand-based production planning. 

India’s textile industry benefits from rising domestic consumption, expanding apparel demand and a broad manufacturing ecosystem. Madhur Knit operates within this market through an integrated yarn-to-cloth model and a diversified product portfolio covering fabrics, blankets, garments and winter textiles. Its Ludhiana location provides access to established suppliers and logistics networks, while made-to-order production and job work services offer additional avenues to address varied customer and institutional requirements. 

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FAQs

Madhur Knit IPO opens from August 24, 2026 to August 27, 2026. 

The size of Madhur Knit IPO is ₹53.27 Cr. 

The price band of Madhur Knit IPO is fixed at ₹95 to ₹100 per share. 

To apply for Madhur Knit IPO, follow the steps given below: 

●    Login to your 5paisa demat account and select the issue in the current IPO section     

●    Enter the number of lots and the price at which you wish to apply for the Madhur Knit. IPO.     

●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.     

You will receive a mandate notification to block funds in your UPI app. 

The minimum lot size of Madhur Knit IPO is of 2,400 shares and the investment required is ₹2,28,000. 

The share allotment date of Madhur Knit IPO is August 28 ,2026 

The Madhur Knit IPO will likely be listed on September 1, 2026. 

SKI Capital Services Ltd is the book running lead managers for Madhur Knit IPO.

Madhur Knit IPO plans to utilise the raised capital from the IPO for: 

1. Funding capital expenditure for the purchase of Solar panel.      

2. Working Capital Requirement of the Company.      

3. Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company      

4. General Corporate Purposes