Madhur Knit IPO: dates, price band, lot size and GMP

Madhur Knit logo

Madhur Knit IPO listed on 1 Sep at ₹100 (NSE SME). Issue dates 24 – 27 Aug 2026, price band ₹100, lot 1,200 shares. The shares now ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠​⁠​​​​⁠⁠⁠​⁠⁠​⁠​​⁠⁠⁠⁠​⁠​​⁠​⁠⁠​​​⁠⁠⁠⁠⁠​​​⁠​​​⁠​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠⁠trade on the exchange; any pre-IPO price on this site is historical.

Listing: Madhur Knit listed on 1 Sep 2026 on NSE SME at ₹100, ₹0 (0.0%) against the ₹100 upper band. Madhur Knit IPO listing date, ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠​⁠​​​​⁠⁠⁠​⁠⁠​⁠​​⁠⁠⁠⁠​⁠​​⁠​⁠⁠​​​⁠⁠⁠⁠⁠​​​⁠​​​⁠​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠⁠price and gain · Recently listed IPOs

Updated 17 Oct 2026, 22:10 IST. Unofficial grey-market figures, dated.

BuyUnlistedShares tracks 208 IPOs on its calendar; the Madhur Knit IPO has a price band of ₹100, a lot ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠​⁠​​​​⁠⁠⁠​⁠⁠​⁠​​⁠⁠⁠⁠​⁠​​⁠​⁠⁠​​​⁠⁠⁠⁠⁠​​​⁠​​​⁠​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠⁠of 1,200 shares and no grey-market premium reported yet as of 17 Oct 2026.

Key details

Madhur Knit IPO key details
BoardSME
Issue dates24 – 27 Aug 2026
Price band₹100
Lot size1,200 shares
Issue size₹53.27 Cr
Fresh issue₹50.6 Cr
Subscription1.5x
RegistrarSkyline Financial Services Pvt.Ltd.
Lead managersSKI Capital Services Ltd.
StatusListed

Timeline

  1. Issue opens: 24 Aug
  2. Issue closes: 27 Aug
  3. Allotment: 28 Aug
  4. Refunds: 31 Aug
  5. Demat credit: 31 Aug
  6. Listing: 1 Sep

Live subscription

Madhur Knit IPO subscription by category, times subscribed
CategorySubscribed
QIB1.01x
NII0.74x
sNII0.8x
bNII0.86x
Retail2.3x
Total1.5x

Last updated 27 Aug 2026, 6:55 PM IST.

Issue details

Madhur Knit IPO issue details
Face value₹10
Issue typeBook Build Issue
Listing atNSE SME
Market cap at the upper band₹187.37 Cr
P/E (pre-issue)12.15x
P/E (post-issue)13.91x
Fresh issue (shares)50,60,400
Total shares offered50,60,400
Promoter holding pre-issue98.01%
Promoter holding post-issue70.55%
PromotersArun Gupta, Piyush Gupta, Chirag Gupta
Lead managersSKI Capital Services Ltd.
Registrar phone011-26812682
Registrar emailipo@skylinerta.com
Company websitemkcpl.in
Anchor bid date21 Aug 2026
Anchor lock-in ends (50%)27 Sep 2026
Anchor lock-in ends (remaining)26 Nov 2026

Lot sizes by investor category

Madhur Knit IPO lot sizes
CategoryLotsSharesAmount
Retail (minimum)22,400₹2,40,000
Retail (maximum)22,400₹2,40,000
sNII (minimum)33,600₹2,40,000
bNII (minimum)33,600₹10,80,000

Reservation

Madhur Knit IPO reservation by category
CategoryShare of issueShares offeredBasis
Anchor Investor6%3,02,400
QIB4%2,02,800Not more than 50% of the Net Issue
NII (HNI)45%22,77,600Not less than 15% of the Net Issue
sNII15%7,59,600
bNII30%15,18,000
Retail45%22,77,600Not less than 35% of the Net Issue
Market Maker5.3%2,66,400

Subscription by day

Madhur Knit IPO subscription, day-end figures
DayQIBNIIsHNIbHNIRetailTotal
Day 1 · 24 Aug0.99x0.32x0.03x0.56x0.25x0.32x
Day 2 · 25 Aug1.01x0.32x0.08x0.56x0.55x0.42x
Day 3 · 26 Aug1.01x0.32x0.15x0.56x1.10x0.70x
Day 4 · 27 Aug1.01x0.74x0.80x0.86x2.30x1.50x

Key ratios as of 31 Mar 2025

Madhur Knit IPO key ratios
EPS (pre-issue)₹8.23
EPS (post-issue)₹7.19
P/E (pre-issue)12.15x
P/E (post-issue)13.91x
RoNW37.42%
RoCE33.49%
RoE37.42%
PAT margin6.43%
EBITDA margin13.56%
Price / book4.4x
NAV per share₹22.75
Debt / equity2.28
Market cap (upper band)₹187.37 Cr

Financials (₹ Cr)

Madhur Knit financials as filed, ₹ Cr
Metric28 Feb 2026FY25FY24FY25 vs FY24
Assets159.97122.5990.6+35.3%
Total Income194.79171.76108.41+58.4%
Profit After Tax12.3511.031.7×6.5
EBITDA25.6723.288.04+189.6%
NET Worth43.6129.4916.24+81.6%
Reserves and Surplus29.9318.766.54+186.9%
Total Borrowing73.5467.257.79+16.3%

About Madhur Knit

Madhur Knit Crafts Limited is engaged in the textile industry, primarily manufacturing home-furnishing products and knitted and crocheted fabrics. Its product portfolio includes acrylic, woollen, printed and designer blankets, mink blankets, and other home-textile products, which are supplied through domestic dealer networks and exported to international markets. The company operates a modern manufacturing facility equipped with textile machinery sourced ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠​⁠​​​​⁠⁠⁠​⁠⁠​⁠​​⁠⁠⁠⁠​⁠​​⁠​⁠⁠​​​⁠⁠⁠⁠⁠​​​⁠​​​⁠​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠⁠from Korea, Taiwan, and China. Its integrated production capabilities cover processes such as knitting, dyeing, printing, brushing, polishing, sueding, and stentering.

Product Portfolio: Anti-Pilling Fabrics: Fabrics designed to minimise the formation of pills caused by friction and regular use. Knitted Fabrics: Flexible and breathable fabrics produced through circular and flat knitting processes. Sherpa Fabrics: Soft, insulating fabrics designed to ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠​⁠​​​​⁠⁠⁠​⁠⁠​⁠​​⁠⁠⁠⁠​⁠​​⁠​⁠⁠​​​⁠⁠⁠⁠⁠​​​⁠​​​⁠​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠⁠replicate the feel and warmth of sheepskin. Blankets: The company's original product category, comprising various styles and materials for home furnishing applications. As of August 31, 2025, the company had 174 employees.

Objects of the issue

  1. Funding capital expenditure for the purchase of Solar panel. — ₹3.68 Cr
  2. Working Capital Requirement of the Company. — ₹15.92 Cr
  3. Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company — ₹20.85 Cr
  4. General Corporate Purposes — ₹7.9 Cr
  5. Issue Expenses — ₹4.93 Cr

Net proceeds: ₹53.27 Cr

Peer comparison

Madhur Knit IPO listed peers, financial year ended 31 Mar 2026
CompanyEPS (Basic)EPS (Diluted)NAV (₹ per share)P/E (x)RoNW (%)P/BV RatioFinancial statements
Madhur Knit Crafts Ltd. (issuer)8.518.5122.31—37.42%—Restated
Kaytex Fabrics Limited12.7912.7979.274.69x14.96%0.76Consolidated

Source: All the financial information for listed industry peers mentioned above is on a Consolidated basis as available sourced from the financial Reports of the peer company uploaded on the NSE website for the year ended March 31, 2026. Notes P/E Ratio has been computed based on the closing market price of Equity Shares on the NSE website on June 17, 2026, divided by ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠​⁠​​​​⁠⁠⁠​⁠⁠​⁠​​⁠⁠⁠⁠​⁠​​⁠​⁠⁠​​​⁠⁠⁠⁠⁠​​​⁠​​​⁠​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠⁠the Diluted EPS. RONW is computed as net profit after tax divided by the net worth. Net worth has been computed as the sum of share capital and reserves and surplus.

Offer documents: DRHP (PDF) · RHP (PDF)

Frequently asked questions

When does the Madhur Knit IPO open and close?

The issue is scheduled for 24 – 27 Aug 2026.

What is the Madhur Knit IPO price band?

The price band is ₹100 per share with a lot size of 1,200 shares.

How big is the Madhur Knit IPO?

The total issue size is ₹53.27 Cr.

When will Madhur Knit list?

The tentative listing date is 1 Sep on the SME platform.

How do I apply for the Madhur Knit IPO?

Apply through your broker or bank using ASBA or UPI within the issue ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠​⁠​​​​⁠⁠⁠​⁠⁠​⁠​​⁠⁠⁠⁠​⁠​​⁠​⁠⁠​​​⁠⁠⁠⁠⁠​​​⁠​​​⁠​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠⁠window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.

Sources

How to cite this page: BuyUnlistedShares, “Madhur Knit IPO”, https://buyunlistedshares.com/ipo/madhur-knit-ipo, as of 17 Oct 2026.

Other IPOs on the calendar

Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠​⁠​​​​⁠⁠⁠​⁠⁠​⁠​​⁠⁠⁠⁠​⁠​​⁠​⁠⁠​​​⁠⁠⁠⁠⁠​​​⁠​​​⁠​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠⁠desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.

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