· SME · NSE
Price Band
₹95–100
Lot Size
1200 shares
Issue Size
₹53 Cr
Min. Investment
₹1,20,000
Indicative, updates through the day
Cap price plus current GMP: ₹102 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Madhur Knit Crafts IPO is an SME issue that listed on NSE on 1 September 2026. The issue price band is fixed at ₹95–₹100 per equity share with a minimum market lot size of 1200 shares, bringing the total issue size to ₹53 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,20,000.
The latest unlisted Grey Market Premium (GMP) for Madhur Knit Crafts IPO is quoted at ₹2, representing a premium of approximately 2% over the upper price band of ₹100. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹102, and informal quotes have eased over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
The minimum investment for retail investors is one lot of 1200 shares (approx. ₹1,20,000 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Skyline Financial Services Pvt. Ltd., with the basis of allotment finalised on 28 August 2026 and listing completed on 1 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹100
Listed At
₹100
Current Price
₹95
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. As on August 31, 2025, the compamy had 174 employees.
Madhur Knit IPO raises ₹3.02 crore from anchor investors. Madhur Knit IPO Anchor bid date is August 21, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 5,05,200 | 9.98% |
| − Anchor Investor | 3,02,400 | 0% |
| − QIB (Ex. Anchor) | 2,02,800 | 0% |
| NII (HNI) | 22,77,600 | 45.01% |
| − bNII > ₹10L | 15,18,000 | 0% |
| − sNII < ₹10L | 7,59,600 | 0% |
| Retail | 22,77,600 | 45.01% |
| Market Maker | 2,66,400 | 0% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,40,000 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,40,000 |
| S-HNI (Min) | 3 | 3600 | ₹3,60,000 |
| S-HNI (Max) | 8 | 9600 | ₹9,60,000 |
| B-HNI (Min) | 9 | 10800 | ₹10,80,000 |
EPS (Pre IPO)
8.23
EPS (Post IPO)
7.19
ROE
28.33%
P/E (Pre IPO)
12.15
P/E (Post IPO)
13.91
Price / Book
3.08
Market Cap
₹134Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Shree Balaji (Mala) Textiles Ltd. | 8.62 | ₹18.90 Cr | |
| Riyaasat Lifestyle Ltd. | 17.2 | ₹30.20 Cr | |
| Rajnandini Fashion India Ltd. | 9.31 | ₹18.21 Cr | |
| Kiaasa Retail Ltd. | 19.31 | ₹69.74 Cr | |
| Fractal Industries Ltd. | 15.99 | ₹49.00 Cr | |
| Vashishtha Luxury Fashion Ltd. | 12.14 | ₹8.87 Cr |
Madhur Knit Crafts Ltd. Address
Skyline Financial Services Pvt. Ltd.