Madhur Knit Crafts Limited IPO — Subscription & GMP

listedSMENSENSE: MADHURKNIT
Grey market premium
—
Est. listing gain
—
Subscribed
0.00×
exchange data · 33 d ago
Min. investment
₹1,20,000
1200 shares × ₹100
Price band
₹95 – ₹100
Lot size
1200
Issue size
₹50.24 Cr
Bidding
24 Aug 2026 → 27 Aug 2026
Allotment
—
Listing
01 Sept 2026

Listing outcome

Official exchange prices
Listed at₹100vs ₹100 issue price
0.00%listing gain
Listing date01 Sept 2026
Day 1 close₹95 (-5.00%)
SourceExchange bhavcopy

No grey market premium was recorded at the close of bidding, so there is nothing to score this listing against.

Schedule

  1. 24 Aug 2026IPO open date
  2. 27 Aug 2026IPO close date
  3. 28 Aug 2026Allotment date†
  4. 28 Aug 2026Funds unblock or debit†
  5. 01 Sept 2026Tentative listing date

† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.

Fundamentals

The business, its valuation and returns

Business Model of Madhur Knit Crafts Limited

Madhur Knit Crafts Limited operates as an integrated textile manufacturing company specializing in home-furnishing products, winter textiles, and knitted fabrics.

  • Core Offerings: The company's primary product portfolio includes a wide variety of blankets (mink, acrylic, woolen, and printed), knitted fabrics, and related home textiles. It is also gradually expanding its footprint into technical textiles, such as paint roller fabrics.
  • Integrated Manufacturing: A major strategic advantage is its in-house "yarn-to-cloth" manufacturing model. Operating out of Ludhiana, Punjab—a major textile hub—the company manages the entire production cycle internally, including knitting, dyeing, printing, brushing, polishing, and finishing. This vertical integration reduces reliance on third-party processors, lowers delays, and ensures strict quality control.
  • Revenue Generation & Business Approach: Madhur Knit Crafts primarily operates on a made-to-order production model, manufacturing goods against confirmed customer orders to minimize inventory risk. It generates revenue through the direct sale of its textiles across domestic and export markets via a network of wholesalers, distributors, and institutional buyers. Additionally, it generates supplementary income by providing specialized textile job-work services (like dyeing and knitting) for third-party companies.
We do not yet hold parsed fundamentals for this issue. Ratios are published in the RHP and the basis-of-issue-price advertisement.

Official source: Basis of Issue Price / ratios filing (NSE) — carries P/E, RoNW and EPS pre and post issue as filed.

GMP is unofficial. Grey Market Premium is quoted by private dealers outside the exchange mechanism and is not recognised or regulated by SEBI. Figures vary by source, can change within minutes, and frequently diverge from actual listing prices. UpcomingIPO publishes GMP as market information only — this is not investment advice and not a recommendation to apply for any issue.

Grey market premium

Unofficial · not from any exchange
No grey market premium is being quoted for this issue. Unlike subscription, GMP has no official source — when dealers are not quoting it, there is nothing to report.

Subscription status

Live from NSE · fetched 799 hr ago
Overall subscribed
0.00×
exchange data, 33 d ago
QIB
0.00×
2.04 L shares bid
NII
0.00×
19.54 L shares bid
CategoryShares offeredShares bid forSubscribed
1Qualified Institutional Buyers(QIBs)—2.04 L0.00×
1(a)Foreign Institutional Investors(FIIs)—0—
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)—0—
1(c)Mutual funds—0—
1(d)Others—2.04 L—
2Non Institutional Investors—19.54 L0.00×
2.1Non Institutional Investors(Bid amount of more than Ten Lakh Rupees)—13.49 L0.00×
2.1(b)Individuals(Other than RIIs)—10.61 L—
2.1(b)Individuals(IND category bidding for more than 2 Lots)—10.61 L—
2.2Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees)—6.05 L0.00×
2.2(a)Corporates—0—
3Individual Investors (IND category bidding for 2 Lots)—52.42 L—
Total—21.58 L0.00×

Source: NSE issue information

Anchor investors

From NSE's anchor allocation filing

Anchor investors are institutions allotted shares one working day before public bidding opens, in exchange for a lock-in. Up to 60% of the QIB portion can go to them, which reduces the QIB shares left for everyone else — and their participation is widely read as a confidence signal.

Anchor allocation report (NSE)

The allocation table for this issue could not be read reliably from the filing, so nothing is reproduced here.

Allotment status

Check allotment · Skyline Financial Services Private Limited →BSE application status →NSE bid details →

You will need your PAN, application number or DP/client ID. These links go to the registrar and exchanges directly — UpcomingIPO never asks for those details.

Issue details

Price band
₹95 – ₹100
Lot size
1200 shares
Min. bid quantity
—
Face value
₹10.00
Tick size
₹1.00
Shares offered
50.24 L
Issue size
₹50.24 Cr
Max bid · QIB
47.58 L
Max bid · NII
45.55 L

Timeline & process

Bidding opens
24 Aug 2026
Bidding closes
27 Aug 2026
Bidding hours
10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.)
UPI mandate cutoff
27-Aug-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
Allotment
—
Listing
01 Sept 2026

Intermediaries

Registrar
Skyline Financial Services Private Limited
Sponsor bank
Axis Bank Limited
Lead managers
SKI Capital Services Limited