Home
Charts
Search
Watchlist
Products
All IPOs
₹100 - 100
Madhur Knit Crafts Ltd
TextilesIPOSME
₹100 - 100
Madhur Knit Crafts Limited, commencing commercial operations in 2013, is a textile company engaged in manufacturing blankets, knitted fabrics, and providing job work services. While initially focused on winter products, the Company has also ventured into technical textiles, including paint roller fabrics, although revenue from this segment remains minimal. Operating from its ISO 9001:2015 certified facility in Ludhiana with its capacity recently augmented by advanced imported machinery, the Company ensures high efficiency and quality across processes such as knitting, dyeing, and finishing. Its strategic location further strengthens supplier access, logistics, and distribution capabilities, supporting a stable and responsive supply chain.
Lot1,200Min Invest₹2,40,000Face Value₹10Issue Size₹53 CrFresh Issue₹53 CrListing Price₹100CMP₹86
Timeline
24 Aug
Bidding opens
27 Aug
Bidding closes
28 Aug
Allotment
28-31 Aug
Refund & demat credit
1 Sept
Listing
Subscription
Subscription opens once dates are announced
Reports
Offer Details
Terms
Issue Size₹53 Cr0.53 Cr shares
Fresh Issue₹53 Cr
Face Value₹10
Lot Size1,200 shares
ReservationQIB 9.98% · NII 45.01% · RETAIL 45.01%
Application Sizes
Retail₹2,40,0001-1 lots
sNII₹2,40,000from 2 lots
bNII₹10,80,000from 9 lots
Managers & Registrar
Lead ManagerSKI Capital Services Limited
RegistrarSkyline Financial Services Pvt
Ownership & Proceeds
Shareholding
CategoryPre IPOPost IPOPromoter Group98.01%70.55%Public1.99%29.45%
Objects of the Issue
- 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
- General corporate purposes
Anchor Book
Bid Date21-Aug-2026
Financials
Profit & Loss
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| RevenueCr | 89 | 108 | 172 | 195 |
| Operating ProfitCr | 6 | 8 | 23 | 26 |
| OPM% | 6.2 | 7.4 | 13.6 | 13.2 |
| PBTCr | 1 | 2 | 15 | 17 |
| PATCr | 1 | 2 | 11 | 12 |
| EPS | 1 | 1 | 9 | 9 |
Balance Sheet
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity CapitalCr | 10 | 10 | 11 | 14 |
| ReservesCr | 5 | 7 | 19 | 30 |
| BorrowingsCr | 34 | 58 | 67 | 74 |
| Total AssetsCr | 65 | 91 | 123 | 160 |
Cash Flow
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Operating Cash FlowCr | 0 | -6 | -3 | 4 |
| Investing Cash FlowCr | -1 | -13 | -4 | -4 |
| Financing Cash FlowCr | 1 | 20 | 6 | 1 |
| Net Cash FlowCr | 0 | 0 | 0 | 2 |
Strengths & Risks
Strengths · as stated in the DRHP
- A state-of-the-art manufacturing facility with advanced technology.
- Strategically located manufacturing unit enabling operational efficiency and cost advantages.
- Extensive experience and proven track record of the promoters.
- Experienced, aligned, and professional management team driving growth and governance.
- Long-standing and robust relationships with customers and suppliers.
- Established relationships with key clients ensuring recurring business.
Strategies · as stated in the DRHP
- Future Expansion into Technical Textiles to Boost Sales Volume.
- Increasing Geographical Presence.
- Revival and Expansion of Fabric Exports.
- Efficient Working Capital Utilisation to Avail Supplier Discounts.
Risks · as stated in the DRHP
- The Company has a high geographical concentration in Punjab, exposing it to region-specific economic, environmental, and operational risks.
- Major portion of the company's revenue depends upon its few customers. The loss of any one or more of its major customers would have a material adverse effect on the company's business operations and profitability.
- The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business, results of operations and prospects.
- A substantial portion of the company's raw materials is sourced from a limited number of suppliers. Any disruption in supply, increase in prices, or inability of these suppliers to meet quality or delivery requirements could materially and adversely affect its operations, production schedules, and profitability.
- A significant portion of the company's raw materials is sourced from Punjab, and any disruption in this region could materially affect its operations, production, and financial performance.
- Certain adjustments have been made in the financial statements of the Company by the company's Auditors.