Madhur Knit Crafts Ltd.
SMEBSE₹95–100
₹ 50 Cr
2400 Shares
₹ 2,28,000
₹10
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 17,163.5 | 10,838.46 | |
| 12.56 | 2.12 | |
| 17,176.06 | 10,840.58 | |
| 14,835.99 | 10,034.06 | |
| 1,488.74 | 198.78 | |
| 1,103.25 | 170.43 |
Subscription Details
IPO Timeline
IPO Offer Start
24 Aug 2026
IPO Offer Ends
27 Aug 2026
1 Sept 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding capital expenditure for the purchase of Solar panel. | 36.75 |
| 2 | Working Capital Requirement of the Company. | 159.165 |
| 3 | Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company | 208.5 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
100.00%
Promoter stake
Post-IPO
70.55%
Promoter stake
Offered to Public
50,24,400
shares
Post Share Capital
1,34,10,125
shares
About the Company
The Company was founded by Mr. Arun Gupta along with his brothers – Mr. Rajesh Gupta, Mr. Ravi Gupta, and Mr. Vishnu Gupta – with the objective of becoming a textile manufacturer focused on product development and process efficiency. While incorporated in 1997, commercial operations commenced in 2013 with a focus on manufacturing blankets. Since then, the Company has grown into a diversified textile business offering a wide range of fabrics and garments. Although the Company has ventured into technical textiles, including paint roller fabrics that require precision processes such as chemical coating and lamination, revenue from these segments remains minimal, with the bulk of operations driven by consumer textile products.
Use of Proceeds
1. Funding capital expenditure for the purchase of Solar panel.2. Working Capital Requirement of the Company.3. Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company.4. General Corporate Purposes.5. Issue Expenses