Madhur Knit Crafts
OPENIPO Date: 24 Aug - 27 Aug 2026
Listing Date: 1 Sept 2026
Price Range
₹95 to ₹100
Issue Size
53 Cr
Min Investment
₹1,14,000
Lot Size
1200 Shares
Schedule of Madhur Knit Crafts
Issue open date
24 Aug 2026
Issue close date
27 Aug 2026
UPI mandate deadline
27 Aug 2026 (5 PM)
Allotment finalization
28 Aug 2026
Share credit
31 Aug 2026
Listing date
1 Sept 2026
Mandate end date
11 Sept 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 53 Cr |
| Fresh Issue | 0.53 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 28 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 25 Aug 2026 | ₹100 | ₹16 | ₹116 (16%) |
| 24 Aug 2026 | ₹100 | ₹16 | ₹116 (16%) |
| 23 Aug 2026 | ₹100 | ₹9 | ₹109 (9%) |
| 22 Aug 2026 | ₹100 | ₹0 | ₹100 (0%) |
| 21 Aug 2026 | ₹100 | ₹0 | ₹100 (0%) |
| 20 Aug 2026 | ₹100 | ₹0 | ₹100 (0%) |
| 19 Aug 2026 | ₹100 | ₹0 | ₹100 (0%) |
| 18 Aug 2026 | ₹100 | ₹0 | ₹100 (0%) |
Performance Madhur Knit Crafts
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹95 to ₹100 | .... | .... | .... |
About Madhur Knit Crafts
Madhur Knit Crafts Limited is a Ludhiana-based textile manufacturer engaged in the production of knitted fabrics, blankets, garments and related textile products. The company has evolved from blanket manufacturing into a vertically integrated yarn-to-cloth manufacturing model, with in-house knitting, dyeing, printing and finishing capabilities. Its manufacturing facility uses modern textile machinery and allows the company to control quality and production across multiple stages. It also provides job-work services and has a small presence in technical textiles.
| Founded in | 1997 |
| Managing director | Arun Gupta |
| Parent organization |
Financial Overview
Strengths
- Vertically integrated manufacturing: In-house knitting, dyeing, printing and finishing provides greater control over quality, production and lead times.
- Strategic Ludhiana location: Access to established textile suppliers, skilled labour, logistics and distribution networks.
- Modern manufacturing infrastructure: The company has invested significantly in automated and modern textile machinery, supporting higher capacity and operational efficiency.
- Diversified product portfolio: Manufactures knitted fabrics, blankets, garments and technical textile products, reducing dependence on a single product category.
Risks
- Textile industry cyclicality: Demand and profitability can be affected by changes in consumer demand, fashion trends and overall economic conditions.
- Raw-material price risk: Yarn and other textile-input prices can fluctuate, potentially putting pressure on margins.
- High domestic dependence: The company’s sales are predominantly from the domestic market, limiting geographical diversification.
- Competition: The Indian textile industry is highly fragmented and competitive, with pressure on pricing, product quality and delivery timelines.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.01 |
| Non-Institutional Investors (NIIs) | 0.23 |
| Retail Individual Investors (RIIs) | 0.55 |
| Employee | N/A |
| Total | 0.42 |