Madhur Knit Crafts IPO Details

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

Madhur Knit IPO Logo
The exchange has approved the Initial Public Offer (IPO) of Madhur Knit Crafts Ltd. on February 5, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The exchange approval is valid for 12 months.

Madhur Knit Crafts Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.56 crore equity shares.

The equity shares are proposed to be listed on the NSE SME. SKI Capital Services Ltd. is the book running lead manager and Skyline Financial Services Pvt.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 Madhur Knit IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size56,00,000 shares
(agg. up to ₹[.] Cr)
Fresh Issue 56,00,000 shares
(agg. up to ₹[.] Cr)
Share Holding Pre Issue1,34,10,125 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeSat, Oct 25, 2025
SEBI/Exchange approval receivedThu, Feb 5, 2026

Issue Reservation

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 OfferedNot less than 15% of the Net Issue

About Madhur Knit Crafts Ltd.

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

Company Financials (Restated Consolidated)

Madhur Knit Services Ltd.'s revenue increased by 58% and profit after tax (PAT) rose by 547% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets140.76122.5990.6064.59
Total Income65.23171.76108.4189.56
Profit After Tax3.0211.031.700.90
EBITDA7.0723.288.045.51
NET Worth32.5029.4916.2414.54
Reserves and Surplus19.0918.766.544.84
Total Borrowing72.1967.2057.7934.18
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding capital expenditure for the purchase of Solar panel. 4.00
2 Working Capital Requirement of the Company. 14.10
3 Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company 17.40
4 General Corporate Purposes 35.50

Key Performance Indicator (KPI)

KPIMar 31, 2025
ROE37.42%
ROCE33.49%
Debt/Equity2.28
RoNW37.42%
PAT Margin6.43%
EBITDA Margin13.56%
Pre IPOPost IPO
Promoter Holding100.00%
Arun Gupta, Piyush Gupta, and Chirag Gupta are the promoters of the company.

IPO Registrar

Skyline Financial Services Pvt.Ltd.

Contact Details

Madhur Knit Crafts Ltd. Address
Village - Seera,
Sattowal Road, Rahon Road,
Eros Bajra Road
Ludhiana, Punjab, 141007
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IPO FAQs

Madhur Knit IPO is a SME IPO of 56,00,000 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 Madhur Knit IPO open and close dates are not available as of now.

Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Madhur Knit IPO using UPI as a payment gateway. Zerodha customers can apply in Madhur Knit IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Madhur Knit IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Madhur Knit IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Madhur Knit IPO dates are not announced. Please check back again after some time.

Madhur Knit IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Madhur Knit 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 Madhur Knit IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Madhur Knit IPO allotment status.

The Madhur Knit IPO listing date is not yet announced. The tentative date of listing is .

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