NSE List Price : ₹100.00

subscription

Category	Times
QIBs	1.01x
HNIs	0.86x
Retail	2.3x
Total : 1.56x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	2,400	₹240,000
Retail Maximum	2	2,400	₹240,000
S-HNI Minimum	3	3,600	₹360,000
S-HNI Maximum	8	9,600	₹960,000
B-HNI Minimum	9	10,800	₹1,080,000

About the Company

Madhur Knit Crafts Limited, incorporated in August 1997, is engaged in the manufacturing of textiles, including fabrics, blankets, winter wear, garments, and various other textile products.

The company commenced commercial production in 2013, initially concentrating on the manufacturing of blankets. Over time, it diversified its product portfolio to cater to customers across the consumer, industrial, and institutional segments.

Madhur Knit Crafts Limited operates an integrated yarn-to-cloth manufacturing model, with in-house capabilities covering knitting, dyeing, printing, brushing, polishing, sueding, stentering, bonding, and other finishing processes. Its manufacturing facility is situated in Ludhiana, Punjab, a prominent textile hub that provides convenient access to raw materials, suppliers, logistics infrastructure, and established distribution networks.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹89.56	₹88.56	₹0.90	₹64.59
2024	₹108.41	₹106.42	₹1.70	₹90.60
2025	₹171.76	₹156.87	₹11.03	₹122.59
February 2025	₹194.79	₹178.21	₹12.35	₹159.97

Company Promoter

Arun Gupta

Piyush Gupta

Chirag Gupta

Know before investing

• • Strengths

  Vertically Integrated Manufacturing: The Company operates a fully integrated manufacturing facility with capabilities spanning knitting, dyeing, printing, stentering, brushing, raising, and finishing. This integrated setup minimizes reliance on third-party vendors while enabling timely delivery and greater flexibility for customized production.

  Strategic Location Advantage: The Company’s facility is situated in Ludhiana, Punjab, one of India’s leading textile and hosiery centers. The location provides convenient access to raw materials, skilled manpower, supporting industries, and logistics infrastructure, thereby helping reduce lead times and transportation costs.

• • Risks

  Short-Term Rental Agreements: The Company’s operations are conducted under 11-month rental agreements. Any failure to renew these agreements or renewal on unfavorable terms could result in relocation requirements, increased operating expenses, delays in operations, and potential disruption to business activities.

  Raw Material Price & Availability Risk: The Company is fully dependent on third-party suppliers for key raw materials, including polyester, spun, acrylic, man-made, cotton, and polyester-cotton blended yarns. Any increase in raw material prices or disruption in their availability could adversely impact production costs, business performance, and results of operations.

Objects of the Issue & Utilisation of proceeds

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.

Company  Address

Madhur Knit Crafts Ltd.
Village – Seera,
Sattowal Road, Rahon Road,
Eros Bajra Road
Ludhiana, Punjab, 141007
Phone: +91 9878009690
Email: ipo@mkcpl.in
Website: https://www.mkcpl.in/

IPO Registrar

Skyline Financial Services Pvt. Ltd.
Phone: 011-26812682
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php