Madhur Knit Crafts IPO
Madhur Knit Crafts IPO closed on 27 Aug 2026. Allotment 28 Aug 2026, listing 1 Sept 2026. Price band ₹95–₹100, lot 1200 shares, GMP +₹0 (0%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · NSE |
| Price band | ₹95–₹100 |
| Lot size | 1200 shares |
| Minimum investment | ₹2,40,000 |
| Issue size | ₹53.27 Cr |
| GMP | +₹0 (0%) |
| Open date | 24 Aug 2026 |
| Close date | 27 Aug 2026 |
| Allotment date | 28 Aug 2026 |
| Listing date | 1 Sept 2026 |
| Registrar | SKYLINE |
About Madhur Knit Crafts
Madhur Knit Crafts is a textile company engaged in the manufacturing of blankets and knitted fabrics, alongside providing job work services. The company’s operations are strategically located in Ludhiana, a prominent textile hub, which provides access to a reliable network of suppliers and logistics. Over the years, the company has transitioned from minimal processing to a fully integrated yarn-to-cloth manufacturing model, focusing on complete value addition. Significant investments in modern production facilities have enhanced capacity, operational efficiency, and product quality. The company operates from a state-of-the-art manufacturing facility with textile machinery imported from Korea, Taiwan, and China, supporting a wide range of processes including knitting, dyeing, printing, and finishing.
Strengths
- Vertically integrated manufacturing operations for end-to-end production.
- Advanced machinery and infrastructure support high-quality output.
- Strategic location in Ludhiana provides key logistical advantages.
- A diversified product portfolio across multiple textile categories.
- An order-based and demand-driven production model.
Risks
- High geographical concentration of revenue from Punjab.
- Dependence on a few customers for a major portion of revenue.
- A substantial portion of raw materials is sourced from a limited number of suppliers.
- The business is seasonal, with a primary focus on winter wear.
- Potential for negative cash flows affecting business and operations.