Incorporated on August 21, 1997, Madhur Knit Crafts Limited operates in the textile space, principally manufacturing home-furnishing products and knitted & crocheted fabrics.
The company’s product portfolio includes blankets (acrylic, woollen, printed, designer), mink blankets, and related home-textile offerings. It services domestic markets through dealer networks and engages in export too.
The Company operates from a state-of-the-art manufacturing facility equipped with textile machinery imported from Korea, Taiwan, and China, supporting a wide range of processes including knitting, dyeing, printing, brushing, polishing, sueding, and stentering.
Products:
- Anti-pilling fabric is a type of textile that has been treated or engineered to resist the formation of small fibre balls (pills) on the surface caused by friction or washing.
- Knitted fabrics are flexible, breathable textiles made by interlooping yarns using circular or flat knitting machines.
- Sherpa Fabric is a type of textile designed to mimic the texture and insulating properties of natural sheepskin.
- Blankets were the inaugural product line of the Company, marking the commencement of its commercial manufacturing operations.
As on August 31, 2025, the compamy had 174 employees.
Competitive Strengths:
- Vertically Integrated Manufacturing Operations
- Advanced Machinery and Infrastructure
- Strategic Location Advantage
- Diversified Product Portfolio
- Order-Based and Demand-Driven Production Model
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding capital expenditure for the purchase of Solar panel. | ₹4 |
| Working Capital Requirement of the Company. | ₹14 |
| Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company | ₹17 |
| General Corporate Purposes | — |
| Metric | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Assets | 141 | 123 | 91 |
| Revenue | 65 | 172 | 108 |
| PAT | 3 | 11 | 2 |
| EBITDA | 7 | 23 | 8 |
| Net Worth | 33 | 29 | 16 |
| Reserves | 19 | 19 | 7 |
| Total Borrowing | 72 | 67 | 58 |
| Category | Sub (x) | Offered | Bid For |
|---|---|---|---|
| QIB | 1.00 | 505,200 | 506,400 |
| NII / HNI | 0.44 | 998,400 | 998,400 |
| Retail (RII) | 2.25 | 3,556,800 | 5,119,200 |
| Market Maker | — | 266,400 | — |
| Total | 1.31 | 5,060,400 | 6,624,000 |
* Amount calculated at upper price band (₹100) · ** Total includes all investor categories
- 1 Initiation of Refund 31 Aug 2026
- 2 Credit of Shares to Demat 31 Aug 2026
- The IPO P/E of 13x reflects a strong valuation relative to typical market ranges.
- Pre-issue EPS of ₹8 compares to post-issue EPS of ₹7 after dilution.
This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.
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