Madhur Knit Crafts Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 1.00x | 505,200 | 506,400 | ₹5 Cr |
| NII (HNI) | 0.44x | 998,400 | 998,400 | ₹10 Cr |
| Retail | 2.25x | 3,556,800 | 5,119,200 | ₹36 Cr |
| Market Maker | — | 266,400 | — | ₹3 Cr |
| Σ Total | 1.31x | 5,060,400 | 6,624,000 | ₹51 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹120,000 |
| Retail (Max) | 13 | 15,600 | ₹1,560,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,680,000 |
| B-HNI (Min) | 67 | 80,400 | ₹8,040,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 65 | 172 | 108 |
| EBITDA | 7 | 23 | 8 |
| Profit After Tax | 3 | 11 | 2 |
| Net Worth | 33 | 29 | 16 |
| Total Assets | 141 | 123 | 91 |
| Reserves & Surplus | 19 | 19 | 7 |
| Total Borrowing | 72 | 67 | 58 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure for the purchase of Solar panel. – 4.00
- Working Capital Requirement of the Company. – 14.10
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company – 17.40
- General Corporate Purposes –
Company Overview
Incorporated on August 21, 1997, Madhur Knit Crafts Limited operates in the textile space, principally manufacturing home-furnishing products and knitted & crocheted fabrics.
The company’s product portfolio includes blankets (acrylic, woollen, printed, designer), mink blankets, and related home-textile offerings. It services domestic markets through dealer networks and engages in export too.
The Company operates from a state-of-the-art manufacturing facility equipped with textile machinery imported from Korea, Taiwan, and China, supporting a wide range of processes including knitting, dyeing, printing, brushing, polishing, sueding, and stentering.
Products:
- Anti-pilling fabric is a type of textile that has been treated or engineered to resist the formation of small fibre balls (pills) on the surface caused by friction or washing.
- Knitted fabrics are flexible, breathable textiles made by interlooping yarns using circular or flat knitting machines.
- Sherpa Fabric is a type of textile designed to mimic the texture and insulating properties of natural sheepskin.
- Blankets were the inaugural product line of the Company, marking the commencement of its commercial manufacturing operations.
As on August 31, 2025, the compamy had 174 employees.
Competitive Strengths:
- Vertically Integrated Manufacturing Operations
- Advanced Machinery and Infrastructure
- Strategic Location Advantage
- Diversified Product Portfolio
- Order-Based and Demand-Driven Production Model