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Your Result on : IPO | IPO Synopsis |  As on : Aug 20,2026 05:45 PM
Madhur Knit Crafts Ltd
Registered Office: Village Seera Sattowal Road,Rahon Road Eros Bajra, Ludhiana - 141007, Punjab, India.
Phone : +91 98780 09690   Fax:
Email :    
Website :  
Initial public offer of up to 53,26,800 equity shares of face value of Rs.10 each (the "Equity Shares") of Madhur Knit Crafts Limited ("The Company" or the "Issuer") for cash at an issue price of Rs. 95-100 per equity shares (including securities premium of Rs. 85-90 per equity share) aggregating up to Rs. 50.6-53.27 Crores (the "Issue") of which 2,66,400 equity shares of Rs.10/- each aggregating to Rs. 2.53-2.66 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e issue of 50,60,400 equity share of Rs. 10 each at an issue price of Rs. 95-100 per equity share aggregating up to Rs. 48.07-50.60 Crores is hereinafter referred to as the "Net issue". The issue and the net issue will constitute [*] and [*] respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. Price Band: Rs. 95/- to Rs. 100/- per equity share of face value of Rs. 10/- each. The floor price is 9.5 times of the face value and the cap price is 10 times of the face value of the equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
24-Aug-26 27-Aug-26 (Rs) 95.00 (Rs) 0.00
Minimum Application for shares in Nos : 2400   Further Multiples of : 1200
  Lead Managers to the Issue
Project Cost (Rs.Cr) 0.00 SKI Capital Services Limited
Project Financed through Current Offer (Rs.Cr) 50.60  
Post Issue Equity Share Capital (Rs.Cr) 19.01  
Issue Price (Rs) 95.00  
Projects
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
Promoted By
Arun Gupta
Piyush Gupta
Chirag Gupta
Listing At
NSE - SME
Registrar to the Issue
Skyline Financial Services Pvt
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