Madhur Knit Crafts IPO: ₹27 Cr Issue Opens with ₹0 GMP
By IPO Desk
Madhur Knit Crafts SME IPO launched on Aug 24, 2026, aiming to raise ₹27 Cr. Currently, the Grey Market Premium (GMP) stands at ₹0. Explore IPO details.
The Madhur Knit Crafts Limited SME IPO, which opened on August 24, 2026, has logged a Grey Market Premium (GMP) of ₹0 as of August 27, 2026. The textile manufacturer is aiming to raise ₹27.00 crores through this public offering.
IPO Snapshot
- Issue Size: ₹27.00 crores
- Price Band: ₹95 to ₹100 per share
- Market Lot: 2400 shares
- Opening Date: August 24, 2026
- Closing Date: August 27, 2026
Madhur Knit Crafts Limited, established in August 1997, operates as a textile manufacturing company. Its primary production facility is located in Ludhiana, Punjab, a key region for textile operations.
Company Profile & Operations
- Commercial Production Start: 2013, initially specializing in blankets.
- Diversified Product Portfolio: Includes fabrics, blankets, winter wear, and various garments.
- Integrated Manufacturing: The company follows a complete yarn-to-cloth process.
This integrated process covers multiple stages within its Ludhiana facility. These stages ensure end-to-end control over product quality and manufacturing efficiency.
Production Stages
- Knitting
- Dyeing
- Printing
- Brushing
- Polishing
- Sueding
- Stentering
- Bonding
- Finishing
Madhur Knit Crafts has evolved significantly since its inception, expanding its product range beyond initial blanket specialization. The company’s operations highlight a comprehensive approach to textile production.