Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Madhuri Exports Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 27, 2026 to raise funds through Initial Public Offer (IPO).
Madhuri Exports Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.47 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Affinity Global Capital Market Pvt.Ltd. is the book running lead manager and Bigshare 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 Madhuri Exports 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 |
| Share Holding Pre Issue | 1,24,80,000 shares |
| Share Holding Post Issue | 1,72,14,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Mar 27, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in 1991, the company operates in the textile sector and is engaged in the manufacturing, sourcing, processing, and supply of a wide range of textile products, including sarees, fabrics for apparel and furnishing, stoles, scarves, and processed yarns, along with trading of unprocessed yarns.
The company covers multiple stages of the textile value chain, including raw material procurement, design development, weaving/knitting, dyeing, printing, finishing, quality control, packaging, and dispatch, while coordinating with suppliers, job workers, and customers for production and delivery.
Its product portfolio includes textiles made from cotton, linen, viscose, micro modal, silk, wool, and blended materials, catering to diverse customer segments across different price points.
The company primarily operates in the B2B segment and has recently expanded into the B2C segment. As of September 30, 2025, it has 44 employees.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 17.27 | 19.28 | 25.41 | 30.29 |
| Total Income | 16.30 | 23.11 | 26.53 | 30.15 |
| Profit After Tax | 2.51 | 2.69 | 0.32 | 0.00 |
| EBITDA | 4.19 | 4.95 | 2.13 | 1.67 |
| NET Worth | 14.33 | 11.83 | 4.45 | 4.13 |
| Reserves and Surplus | 9.53 | 11.03 | 3.85 | 3.53 |
| Total Borrowing | 14.35 | 12.14 | 13.31 | 12.15 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements | 8.74 |
| 2 | Prepayment and repayment of all or a portion of certain secured borrowings | 4.00 |
| 3 | Funding Capital Expenditure requirement towards purchase of plant and machinery | 7.18 |
| 4 | General Corporate Purpose; and | |
| 5 | To meet the Offer expenses | |
| Total | 19.92 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 19.15% | 33.10% |
| ROCE | 15.07% | 21.83% |
| RoNW | 34.96% | 22.78% |
| PAT Margin | 8.35% | 10.26% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.16 | 2.91 |
| Promoter Holding | 55.13% |
Lead Manager Reports
Madhuri Exports IPO is a SME IPO of 0 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 Madhuri Exports IPO open and close dates are not available as of now.
Bigshare 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 Madhuri Exports IPO using UPI as a payment gateway. Zerodha customers can apply in Madhuri Exports IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Madhuri Exports IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Madhuri Exports IPO dates are not announced. Please check back again after some time.
Madhuri Exports IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Madhuri Exports 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 Madhuri Exports IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Madhuri Exports IPO allotment status.
The Madhuri Exports IPO listing date is not yet announced. The tentative date of listing is .
