2.28xsubscribed
Madhur Knit Crafts IPO
2.28xsubscribed
Textile
listed
2.28xsubscribed
₹2.28LMin. investment
Madhur Knit Crafts Limited IPO Details
Sector
Textile
Issue size
₹53Cr
IPO type
SME
Market cap
₹187.37CrLower than sector avg
Price range
₹95.00 – ₹100
Listing exchange
NSE
RevenueApr 2010 - Mar 2011
₹171.63CrLower than sector avg
Listing date
1 Sep 2026
Lot size
1200 shares
Red Herring Prospectus
Read
Growth rate3Y CAGR
38.62%
SectorTextile
Price range₹95.00 – ₹100
IPO type
SME
Lot size1200 shares
Issue size₹53Cr
Red Herring Prospectus
Read
Market cap
₹187.37CrLower than sector avg
RevenueApr 2010 - Mar 2011
₹171.63CrLower than sector avg
Growth rate3Y CAGR
38.62%
Madhur Knit Crafts IPO Subscription Status
As on 24-Aug-26, 5:30 PM
Madhur Knit Crafts IPO Timeline
- Pre-apply21 Aug 2026
- Bid start24 Aug 2026
- Bid end27 Aug 2026
- Allotment28 Aug 2026
- Release of funds31 Aug 2026
- Demat transfer31 Aug 2026
- Listing1 Sep 2026
About Madhur Knit Crafts Limited
Madhur Knit Crafts IPO will open for subscription on Monday August 24 2026. Originally incorporated in 1997, Madhur Knit Crafts started its commercial operations in 2013 with the manufacture of blankets and has since expanded into a diversified textile business offering a range of fabrics and garments.
The company primarily manufactures anti-pilling fabrics, knitted fabrics, sherpa fabric, blankets and paint roller fabrics, with knitted cloth accounting for 88.3% of revenue as of February 28, 2026. It caters to end consumers through products such as blankets and winter textiles, while also supplying knitted fabrics for apparel, fashion and home textile applications. Its customer base includes retailers, wholesalers and direct-to-consumer channels, along with industrial enterprises, manufacturers and institutional clients requiring customised textile solutions under a made-to-order production model.
The company operates nine circular knitting machines along with one dyeing machine comprising high-pressure dyeing units designed to provide uniform coloration and durability across synthetic and blended fabrics. It has seven warp knitting machines, along with one flatbed printing machine for printing patterns based on customer-provided designs, one rotary printing machine for high-speed and continuous printing of repetitive designs on blankets and bulk fabrics, and two stenter machines for heat-setting and width stabilization. All machinery is owned by the company, with no leased machinery in operation.
The company’s installed production capacity has increased from 24,00,000 kg in FY23 to 75,00,000 KGs in FY25. Capacity utilisation was 64.50% in FY25 and increased to 69.75% from April 2025 to February 2026. On February 28, 2026, 100% of the sales were generated in the domestic market. Punjab contributed 98.1% with sales of ₹191.15 crore and rest of India contributed 1.8% with sales of ₹3.53 crore. New customers contributed 33.4% of revenue at ₹65.12 crore as of February 28, 2026. Retained customers contributed 66.5% of revenue at ₹129.5 crore as of February 28, 2026. As on 28th February 2026 the company had 177 people on its rolls including directors and KMPs.
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Objectives of Madhur Knit Crafts Limited IPO
Repayment of borrowings
39.10%
Working capital
29.80%
General corporate purposes
24.10%
Capital expenditure
6.90%
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Madhur Knit Crafts IPO Contact Details
Company NameMadhur Knit Crafts Limited
How to apply for Madhur Knit Crafts IPO?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Madhur Knit Crafts Limited IPO FAQs
How to invest in the Madhur Knit Crafts IPO ?
Investors can apply for the Madhur Knit Crafts IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Madhur Knit Crafts IPO ?
The issue size of the Madhur Knit Crafts IPO is 53 Cr.
What is 'pre-apply' for Madhur Knit Crafts IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Madhur Knit Crafts IPO shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
What are the open and close dates of the Madhur Knit Crafts IPO ?
Madhur Knit Crafts IPO will be open between 2026-08-24 and 2026-08-27.
What is the allotment date for the Madhur Knit Crafts IPO ?
Madhur Knit Crafts IPO allotment date is 2026-08-31. For Madhur Knit Crafts IPO allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of Madhur Knit Crafts IPO ?
For Madhur Knit Crafts IPO, the IPO registrar is SKYLINE FINANCIAL SERVICES PRIVATE LIMITED. You can check Madhur Knit Crafts IPO allotment status on the website of the registrar.
Where is the Madhur Knit Crafts IPO getting listed?
The shares are proposed to be listed on the BSE and NSE.
When will Madhur Knit Crafts IPO shares be credited to your demat account?
The Madhur Knit Crafts IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
What is the lot size and minimum order quantity of the Madhur Knit Crafts IPO ?
The Madhur Knit Crafts IPO lot size is 1200 and minimum order quantity is 2400.
What is the price band for the Madhur Knit Crafts IPO ?
Madhur Knit Crafts IPO has set the price band for its IPO at 100 per equity share with a face value of 10.