GMP IPO Watch
Madhur Knit Crafts IPO Day 3: ₹53.27 Crore NSE SME Issue Sees Gradual Demand as Textile Maker Plans Working Capital and Solar Investment
Madhur Knit Crafts IPO entered Day 3 on August 26, 2026. The ₹53.27 crore NSE SME IPO is p...
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M
SME IPO
LISTED
NSE, BSE
MADHUR
Madhur Knit Crafts IPO
Madhur Knit Crafts IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹9
+9.0%
Est. Listing: ₹109.00
Price Band
₹95 - ₹100
Per equity share
Lot Size
1200 Shares
Min Invest: ₹2,40,000
Issue Size
₹52.27 Cr
Total Public Offering
Issue Dates
23 August 2026 – 26 August 2026
Bidding period
Subscription
1.5x
Total overall demand
Madhur Knit Crafts IPO Details
Key facts at a glance| IPO Open Date | 23 August 2026 | IPO Close Date | 26 August 2026 |
|---|---|---|---|
| Basis of Allotment | 27 August 2026 | Listing Date | 31 August 2026 |
| Price Band | ₹95 - ₹100 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,40,000 |
| Total Issue Size | ₹52.27 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Madhur Knit Crafts IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 23 August 2026 | Confirmed |
| IPO Close Date | 26 August 2026 | Confirmed |
| Basis of Allotment | 27 August 2026 | Tentative |
| Initiation of Refunds | 31 August 2026 | Tentative |
| Credit of Shares to Demat | 31 August 2026 | Tentative |
| IPO Listing Date | 31 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 27 August 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Madhur Knit Crafts IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,400 Shares | ₹2,40,000 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,40,000 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹3,60,000 |
| S-HNI (Max) | 8 Lots | 9,600 Shares | ₹9,60,000 |
| B-HNI (Min) | 9 Lots | 10,800 Shares | ₹10,80,000 |
Madhur Knit Crafts IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹9 +9.0%
Estimated Listing Price
₹109.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 28 Aug 2026 | ₹9 | ₹109.00 | +9.00% |
| 27 Aug 2026 | ₹9 | ₹109.00 | +9.00% |
| 26 Aug 2026 | ₹16 | ₹116.00 | +16.00% |
| 25 Aug 2026 | ₹16 | ₹116.00 | +16.00% |
| 24 Aug 2026 | ₹9 | ₹109.00 | +9.00% |
| 20 Aug 2026 | ₹0 | ₹100.00 | +0.00% |
| 19 Aug 2026 | ₹0 | ₹100.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Madhur Knit Crafts IPO Subscription Status
Demand breakdown by investor category
Retail
2.30x
QIB
1.01x
NII / HNI
0.74x
Total
1.50x
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.
Madhur Knit Crafts IPO Reservation & Share Quotas
The Madhur Knit Crafts IPO reservation is divided among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors and the anchor investor portion, where applicable.
As per the provided category-wise allocation, 50% of the issue is reserved for Qualified Institutional Buyers excluding the anchor portion. Non-Institutional Investors are allocated 15%, while 35% of the issue is reserved for Retail Individual Investors.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Note: The exact number of shares available under each investor category is not available in the provided data. The table currently reflects the available percentage-wise IPO reservation and can be updated once the final category-wise share allocation is announced.
Madhur Knit Crafts IPO Anchor Investors
The Madhur Knit Crafts IPO anchor investor details are currently awaited. The final anchor bidding date, anchor investor names, number of shares allocated and anchor portion size will be available after the company announces the final anchor allocation.
The IPO is scheduled to open for public subscription on August 24, 2026. Once the anchor allocation is finalized, the details can be updated along with the applicable 30-day and 90-day lock-in period end dates.
| Particular | Details |
|---|---|
| Anchor Bidding Date | 2026 |
| Anchor Investors List | – |
| Shares Offered | – Shares |
| Anchor Size | – Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – Remaining 50% Shares (90 Days) | 2026 |
Note: The anchor investor allocation details have not been provided yet. The anchor bidding date, investor list, shares offered, anchor issue size and lock-in dates should be updated after the final anchor allocation information becomes available.
Madhur Knit Crafts IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 24 Aug 2026 |
| IPO Close Date | 27 Aug 2026 |
| Basis of Allotment | 28 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 01 Sept 2026 |
Note: The timeline for മധുർ നെയ്ത്ത് കരകൗശല വസ്തുക്കൾ IPO is tentative and subject to change.
Madhur Knit Crafts Promoters and Shareholding Pattern
The promoters of Madhur Knit Crafts are Arun Gupta, Piyush Gupta and Chirag Gupta. Before the IPO, the promoter and promoter group collectively hold the entire pre-issue share capital of the company.
The promoter and promoter group hold 1,34,10,125 equity shares, representing 100% of the pre-IPO shareholding. Based on the provided data, there is no separate shareholding under the Others category before the public issue.
Following completion of the fresh issue, the company's total outstanding equity shares are expected to increase from 1,34,10,125 shares before the IPO to 1,61,10,125 shares after the IPO.
Promoters of Madhur Knit Crafts
- Arun Gupta
- Piyush Gupta
- Chirag Gupta
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 1,34,10,125 | 100% | – | -% |
| Others* | – | -% | – | -% |
| Total | 1,34,10,125 | 100% | 1,61,10,125 | 100% |
Note: Post-IPO promoter and public shareholding percentages are not available in the provided data. The total post-issue equity share capital is expected to increase to 1,61,10,125 shares following completion of the fresh issue.
Madhur Knit Crafts Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Madhur Knit Crafts About the IPO
To be updated soon
Madhur Knit Crafts Company Financial Report
To Be Updated Soon
Madhur Knit Crafts Company Valuation & Key Performance Indicators
To Be Updated Soon
Madhur Knit Crafts Peer Group Comparison
To Be Updated Soon
Madhur Knit Crafts Lead Managers & Merchant Bankers
- SKI Capital Services Ltd.
Madhur Knit Crafts IPO FAQs
Madhur Knit Crafts IPO opens for subscription on 23 August 2026 and closes on 26 August 2026.
The price band for Madhur Knit Crafts IPO is set at ₹95.00 to ₹100.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,40,000).
The latest Grey Market Premium (GMP) for Madhur Knit Crafts IPO is ₹9. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Madhur Knit Crafts IPO is tentatively scheduled for 27 August 2026, and shares are expected to list on the stock exchanges on 31 August 2026.
The registrar details will be confirmed in the official prospectus.
Madhur Knit Crafts IPO Analysis & Articles
