Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |

Clay Craft India Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on to raise funds through Initial Public Offer (IPO).
Clay Craft India Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.54 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Hem Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Clay Craft IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 54,24,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 54,24,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,51,46,280 shares |
| Share Holding Post Issue | 2,05,70,280 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 2, 2025 |
| SEBI/Exchange approval received |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated on July 30, 1994, Clay Craft India Ltd. is manufacturers of bone china crockery and ceramic tableware.
The company specializes in high-quality dining products including plates, cups, saucers, mugs, and other kitchenware that are widely used in households, hotels, and corporate gifting. It is well-known for innovative designs, durability, and stylish finish in its product range.
The company also offer customized ceramic solutions for corporate and institutional clients based on specific requirements and have developed a product range for the HoReCa (Hotel, Restaurant, and Catering) segment to meet the operational needs of the industry.
As of March 31, 2025, the company offer approximately 6,270 stock-keeping units (“SKUs”) across various product categories under different brands.
Products:
As of September 02, 2025, the company has a total strength of over 1,239 employees.
Competitive Strengths:
Clay Craft India Ltd.'s revenue increased by 5% and profit after tax (PAT) rose by 54% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 217.39 | 188.67 | 202.33 |
| Total Income | 154.44 | 146.99 | 147.77 |
| Profit After Tax | 20.76 | 13.50 | 19.76 |
| EBITDA | 35.39 | 28.65 | 32.64 |
| NET Worth | 139.05 | 117.01 | 103.53 |
| Reserves and Surplus | 134.00 | 112.12 | 98.64 |
| Total Borrowing | 47.75 | 46.80 | 65.94 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To fund capital expenditure towards setting up an additional manufacturing facility at Manda, Rajasthan | 100.00 |
| 2 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 16.21% |
| ROCE | 17.05% |
| Debt/Equity | 0.34 |
| RoNW | 15.48% |
| PAT Margin | 13.66% |
| EBITDA Margin | 23.29% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
The company’s 2025 financials and KPIs are based on consolidated financials, while all other figures are derived from standalone financials.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees | |
| 2 | Fees Payable to Registrar to the Issue | |
| 3 | Fees Payable for Advertising and Publishing Expenses | |
| 4 | Fees Payable to Regulators including Stock Exchange | |
| 5 | Payment for Printing & Stationery, Postage, etc. | |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | |
| 7 | Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees, Underwriting fees and Miscellaneous Expenses) |
Lead Manager Reports
Clay Craft IPO is a SME IPO of 54,24,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Clay Craft IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Clay Craft IPO using UPI as a payment gateway. Zerodha customers can apply in Clay Craft IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Clay Craft IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Clay Craft IPO dates are not announced. Please check back again after some time.
Clay Craft IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Clay Craft IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Clay Craft IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Clay Craft IPO allotment status.
The Clay Craft IPO listing date is not yet announced. The tentative date of listing is .