Madhur Knit Crafts IPO
Textiles • ₹27 Cr
High risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- SME listing with thinner post-listing liquidity
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹100
Lot Size
1200 shares
Issue Size
₹27 Cr
Open
24 Aug 2026
Close
27 Aug 2026
Subscription
1.47×
IPO Schedule
| Issue Open Date | 24 Aug 2026 |
| Issue Close Date | 27 Aug 2026 |
| Allotment Date | 28 Aug 2026 |
| Listing Date | 31 Aug 2026 |
About Madhur Knit Crafts
Madhur Knit Crafts Limited is a textile manufacturer engaged in producing fabrics, blankets and garments. The company commenced commercial operations in 2013 with the manufacture of blankets and has since expanded its product range to include consumer textile products and technical textiles such as paint roller fabrics. Its manufacturing processes include knitting, dyeing, printing, brushing, polishing, sueding and stentering, with capabilities covering the conversion of yarn into finished cloth. The company operates from its registered office and manufacturing facility in Ludhiana, Punjab. Its plant is equipped with circular knitting machines, warp knitting machines, dyeing machines, flatbed and rotary printing machines, stenter machines, brushing, embossing, punching, bonding, shearing and other textile machinery. The company also has an in-house effluent treatment plant for treating wastewater generated during dyeing and processing. Its machinery is sourced from Korea, Taiwan and China, and its operations are certified under ISO 9001:2015.
Company Details
Founders / Promoters
Mr Arun Gupta
Founded
1997
Registrar
SKYLINE
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Madhur Knit Crafts — IPOFins Verdict
QuantitativeDriven by QIB demand at 1.0x and elevated disclosed risk (8/10), Madhur Knit Crafts listed at a premium of 0.0% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- Madhur Knit Crafts claims to have an integrated manufacturing setup covering knitting, dyeing, printing, stentering, brushing, raising and finishing at a single facility, allowing the company to handl
- The company claims to operate a manufacturing facility with a built-up area of over 300,000 sq. ft. It also claims to have textile machinery sourced from countries including Germany, Japan, South Kore
- The company manufactures mink, woollen, fleece and flannel blankets, knitted winterwear fabrics and garments. It has also entered technical textiles, including products such as paint roller fabrics, g
- The company operates from Ludhiana, Punjab, which is a major textile and hosiery manufacturing hub. Its location provides access to yarn suppliers, skilled labour, ancillary industries, logistics prov
- The company follows a production model in which manufacturing is initiated after receiving confirmed customer orders. This approach can help limit overproduction and excess finished-goods inventory wh
Score breakdown — what drove this verdict
High risk from DRHP → score -1.2
Institutional subscription → score 0
Actual listing outcome → score −0.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹100
Listing Price
₹100
Listing Gain/Loss
+0.00%
Listing Date
31 Aug 2026
Price Since Listing
Returns are measured against the ₹100 issue price.
Listing
₹100
+0.0%
Current
₹73.6
-26.4%
Want to buy this stock?
Trade Madhur Knit Crafts on the secondary market
FAQ
What is the price band of Madhur Knit Crafts IPO?
The price band is ₹100 per share with a lot size of 1200 shares. Minimum investment: ₹1,20,000.
What does Madhur Knit Crafts do?
Madhur Knit Crafts Limited is a textile manufacturer engaged in producing fabrics, blankets and garments. The company commenced commercial operations in 2013 with the manufacture of blankets and has since expanded its product range to include consumer textile products and technical textiles such as paint roller fabrics. Its manufacturing processes include knitting, dyeing, printing, brushing, polishing, sueding and stentering, with capabilities covering the conversion of yarn into finished cloth. The company operates from its registered office and manufacturing facility in Ludhiana, Punjab. Its plant is equipped with circular knitting machines, warp knitting machines, dyeing machines, flatbed and rotary printing machines, stenter machines, brushing, embossing, punching, bonding, shearing and other textile machinery. The company also has an in-house effluent treatment plant for treating wastewater generated during dyeing and processing. Its machinery is sourced from Korea, Taiwan and China, and its operations are certified under ISO 9001:2015.
Should I apply for Madhur Knit Crafts IPO?
Madhur Knit Crafts listed at ₹100 (+0.0% premium to the ₹100 issue price) after 1.5x subscription. IPOFins Score 3/10: Driven by QIB demand at 1.0x and elevated disclosed risk (8/10), Madhur Knit Crafts listed at a premium of 0.0% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Madhur Knit Crafts?
Madhur Knit Crafts was founded by Mr Arun Gupta in 1997.