Madhur Knit Crafts Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Madhur Knit Crafts Ltd IPO

Madhur Knit Crafts Limited, commencing commercial operations in 2013, is a textile company engaged in manufacturing blankets, knitted fabrics, and providing job work services. While initially focused on winter products, the Company has also ventured into technical textiles, including paint roller fabrics, although revenue from this segment remains minimal. Operating from its ISO 9001:2015 certified facility in Ludhiana with its capacity recently augmented by advanced imported machinery, the Company ensures high efficiency and quality across processes such as knitting, dyeing, and finishing. Its strategic location further strengthens supplier access, logistics, and distribution capabilities, supporting a stable and responsive supply chain.

Madhur Knit Crafts Ltd IPO Details

Total Shares Offered

₹ 53,26,800

Offer to Public

TBA

Retail Max (Shares)

₹ 17,71,140

Pre Issue Promoters Holding

₹ 1,34,10,125

Exchange

NSE

Issue size

₹ 53.27 Cr

IPO Open Date

Aug 24, 2026

Close Date

Aug 27, 2026

Lot Size

2400

Min Investment

₹ 2,28,000

Issue Type

Book Building - SME

Listing Date

Sep 1, 2026

Madhur Knit Crafts Ltd IPO Dates

Aug 24, 2026

Opening date

Aug 27, 2026

Closing date

Aug 28, 2026

Basis of Allotment

Aug 28, 2026

Initiation of Refunds

Aug 31, 2026

Credit of Shares

Sep 1, 2026

Listing date

Details

Sector	Type
Sector	Textiles - Products
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	2530200
NII	0x	759060
Retail	0x	1771140
Employee	0x	0
Total	0x	5326800

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

2530200

759060

1771140

5326800

Madhur Knit Crafts Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	19.01	17.26	3.77
EBITDA	21.44	19.63	5.56
PAT	12.35	11.03	1.70
Total Assets	127.10	89.18	60.46
Share Capital	13.68	10.73	9.70
Total Borrowings	75.27	62.07	53.19
Operating Activities (Net Cash)	14.78	13.40	3.49
Investing Activities (Net Cash)	0.00	0.00	-6.27
Financing Activities (Net Cash)	75.27	62.07	53.19
Net Cashflow	2.09	1.09	0.90

About Madhur Knit Crafts Ltd

Our Company was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of Madhur Knit Crafts Private Limited bearing Corporate Identification Number U17301PB1997PTC020381 August 21, 1997, issued by the Registrar of Companies, Punjab, H.P & Chandigarh. Subsequently, the name of our Company was changed to Madhur Knit Services Limited and a fresh Certificate of Incorporation dated January 28, 2025, was issued by the Registrar of Companies, Chandigarh. As on date of this Draft Red Herring Prospectus, the Corporate Identification Number of our Company is U17301PB1997PLC020381.

Peer Comparison:

Madhur Knit Crafts Limited
Kaytex Fabrics Ltd

Madhur Knit Crafts Ltd Key Points

Strengths

A state-of-the-art manufacturing facility with advanced technology.

Strategically located manufacturing unit enabling operational efficiency and cost advantages.

Extensive experience and proven track record of the promoters.

Experienced, aligned, and professional management team driving growth and governance.

Long-standing and robust relationships with customers and suppliers.

Risk

The Company has a high geographical concentration in Punjab, exposing it to region-specific economic, environmental, and operational risks.

Major portion of the company's revenue depends upon its few customers. The loss of any one or more of its major customers would have a material adverse effect on the company's business operations and profitability.

The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business, results of operations and prospects.

Strategy

Future Expansion into Technical Textiles to Boost Sales Volume.

Increasing Geographical Presence.

Revival and Expansion of Fabric Exports.

Efficient Working Capital Utilisation to Avail Supplier Discounts.

How To Apply for Madhur Knit Crafts Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Madhur Knit Crafts Ltd IPO?

Madhur Knit Crafts Ltd's IPO offers shares for up to 53.27 It begins on Aug 24, 2026 and ends on Aug 27, 2026.

What is the price of the Madhur Knit Crafts Ltd IPO?

The price of Madhur Knit Crafts Ltd IPO ranges between ₹95 to ₹100 per share.

What are the open and close dates for the Madhur Knit Crafts Ltd IPO?

The Madhur Knit Crafts Ltd IPO opens on Aug 24, 2026 and closes on Aug 27, 2026.

When will the Madhur Knit Crafts Ltd IPO be allotted?

The allotment for the Madhur Knit Crafts Ltd IPO will be finalised on Aug 28, 2026. The shares will be listed on BSE and NSE on Sep 1, 2026.

What is the minimum lot size required for Madhur Knit Crafts Ltd IPO?

The minimum lot size for Madhur Knit Crafts Ltd IPO is 2400 shares, priced between ₹95 to ₹100 per share.

What is the GMP of Madhur Knit Crafts Ltd IPO?

The GMP (Grey Market Premium) of Madhur Knit Crafts Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Madhur Knit Crafts Ltd IPO?

To check the allotment status of Madhur Knit Crafts Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Madhur Knit Crafts Ltd IPO getting listed?

The Madhur Knit Crafts Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 24, 2026, and closes on Aug 27, 2026. The allotment is finalised on Aug 28, 2026.

How do you apply for the Madhur Knit Crafts Ltd IPO?

To apply for the Madhur Knit Crafts Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.