• Total Issue Size – Up To 53,26,800 Equity Shares of ₹ 10 each
  • IPO Size – ₹ 53.27 Crore (At Upper Price Band)
  • Price Band – ₹ 95 – ₹ 100 Per Share
  • Lot Size – 1,200 Equity Shares (*Bids Can Be Made for A Minimum Of 2,400 Equity Shares and In Multiple Of 1,200 Equity Shares)

Mumbai: Madhur Knit Crafts Limited, engaged in the manufacturing of blankets, knitted fabrics and garments, proposes to open its Initial Public Offering on Monday, August 24, 2026 aiming to raise ₹ 53.27 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.

The issue size is up to 53,26,800 equity shares with a face value of ₹ 10 each with a price band of ₹ 95 – ₹ 100 Per Share.

Equity Share Allocation

  • QIB Portion – Not More Than 5,05,200 Equity Shares
  • Non-Institutional Investors – Not Less Than 22,77,600 Equity Shares
  • Individual Investors – Not Less Than 22,77,600 Equity Shares
  • Market Maker – Up to 2,66,400 Equity Shares

The net proceeds from the IPO will be utilized for Funding capital expenditure for the purchase of Solar panel, Working Capital Requirement of the Company, Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company and the General corporate purposes. The Anchor Bidding is on Friday, August 21, 2026. The issue will open on Monday, August 24, 2026 and will close on Thursday, August 27, 2026.

The Book Running Lead Manager to the Issue is SKI Capital Services Limited and the Registrar is Skyline Financial Services Private Limited.

Mr. Arun Gupta, Promoter & Managing Director of Madhur Knit Crafts Limited expressed, “The upcoming IPO represents a significant step forward for Madhur Knit Crafts Limited as we embark on the next phase of our growth journey. Over the years, we have built an integrated textile manufacturing platform with capabilities spanning yarn processing to finished fabrics and textile products.

The IPO will enable us to further strengthen our operational capabilities, support our growing working capital requirements and invest in a rooftop solar power plant aimed at improving energy efficiency and sustainability.”

Mr. Ghanisht Nagpal, Partner – Investment Banking of SKI Capital Services Limited said ” Madhur Knit Crafts Limited has demonstrated a strong growth trajectory, supported by its integrated manufacturing capabilities, diversified textile portfolio and experienced management team. The upcoming IPO marks an important milestone for the Company as it transitions into the public markets.

The proposed issue is expected to support the Company’s working capital requirements and investment in solar power infrastructure, providing a foundation for its next phase of growth. We believe the listing will enhance the Company’s visibility and provide a platform to pursue its long-term business objectives while maintaining its focus on operational efficiency and sustainable growth.”