Madhur Knit IPO listing: listed at ₹100, flat at the issue price

Madhur Knit listed on NSE SME on 1 Sep 2026 at ₹100 per share, ₹0 (0.0%) against the upper ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​​​​⁠⁠⁠​​​​​​⁠​​⁠​​⁠⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​​​⁠​⁠​⁠​​​⁠⁠​⁠⁠​⁠​​​​​⁠​​⁠​⁠⁠price band of ₹100. The issue (price band ₹100, bidding 24 Aug 2026 to 27 Aug 2026) was subscribed 1.5x overall. The last grey-market premium we captured before listing was ₹2 on 31 Aug 2026 (daily average of 10 quotes), which implied a listing price of ₹102; the shares listed at ₹100, ₹2 below that.

Updated 6 Oct 2026, 19:02 IST. Dated dealer references.

Listing day facts

Madhur Knit IPO listing, as recorded on 1 Sep 2026
Listing date1 Sep 2026
ExchangeNSE SME
Listing price₹100
Upper price band (issue price basis)₹100
Gain or loss vs upper band₹0 per share (0.0%)
Price band₹100
Issue dates24 Aug 2026 to 27 Aug 2026
Subscription (overall, at close)1.5x, as of 27 Aug 2026
Lot size1,200 shares
Gain or loss per lot vs upper band₹0

Grey-market premium against the actual listing

The last grey-market premium we captured before listing ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​​​​⁠⁠⁠​​​​​​⁠​​⁠​​⁠⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​​​⁠​⁠​⁠​​​⁠⁠​⁠⁠​⁠​​​​​⁠​​⁠​⁠⁠was ₹2 on 31 Aug 2026 (daily average of 10 quotes), which implied a listing price of ₹102; the shares listed at ₹100, ₹2 below that.

Madhur Knit IPO: captured GMP by day (daily average) and the implied listing price against the actual listing price of ₹100 on 1 Sep 2026
DateGMPImplied listing priceActual listing vs impliedQuotes captured
23 Aug 2026₹9₹109−₹9 (−8.3%)1
24 Aug 2026₹14₹114−₹14 (−12.3%)12
25 Aug 2026₹16₹116−₹16 (−13.8%)5
26 Aug 2026₹15₹115−₹15 (−13.0%)5
27 Aug 2026₹4₹104−₹4 (−3.8%)9
28 Aug 2026₹2₹102−₹2 (−2.0%)9
29 Aug 2026₹2₹102−₹2 (−2.0%)13
30 Aug 2026₹2₹102−₹2 (−2.0%)10
31 Aug 2026₹2₹102−₹2 (−2.0%)10

GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​​​​⁠⁠⁠​​​​​​⁠​​⁠​​⁠⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​​​⁠​⁠​⁠​​​⁠⁠​⁠⁠​⁠​​​​​⁠​​⁠​⁠⁠by day. Only the price band and the exchange listing price are official.

Frequently asked questions

What was the Madhur Knit IPO listing price?

Madhur Knit listed on NSE SME on 1 Sep 2026 at ₹100 per share.

How did Madhur Knit list against the issue price?

The listing price of ₹100 was ₹0 per share (0.0%) against the upper price band of ₹100.

What did the grey market indicate before Madhur Knit listed?

The last grey-market premium we captured before listing was ₹2 on 31 Aug 2026 (daily average ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​​​​⁠⁠⁠​​​​​​⁠​​⁠​​⁠⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​​​⁠​⁠​⁠​​​⁠⁠​⁠⁠​⁠​​​​​⁠​​⁠​⁠⁠of 10 quotes), which implied a listing price of ₹102; the shares listed at ₹100, ₹2 below that. GMP is unofficial and not a forecast.

Where do Madhur Knit shares trade now?

On NSE SME. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.

Madhur Knit IPO overview · GMP history · Subscription status · Allotment status

Indicative reference price, dated. BuyUnlistedShares is India's premium ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​​​​⁠⁠⁠​​​​​​⁠​​⁠​​⁠⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​​​⁠​⁠​⁠​​​⁠⁠​⁠⁠​⁠​​​​​⁠​​⁠​⁠⁠unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.

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Madhur Knit IPO Listing