31 Mar 2024
Assets90.60
Total Income108.41
EBITDA8.04
Profit After Tax1.70
NET Worth16.24
Reserves and Surplus6.54
Total Borrowing57.79
At a glance
Updated 2026-09-09Madhur Knit is a SME IPO with an issue size of ₹53.27 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹50.60 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹53.27 Cr
Fresh issue₹50.60 Cr
Face value₹10
Price band₹95.00–₹100.00
Allotment28th Aug 2026
Listing1st Sep 2026
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listing₹102.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens24th Aug 2026
Closes27th Aug 2026
Allotment28th Aug 2026
Refund31st Aug 2026
Demat31st Aug 2026
Listing1st Sep 2026
Subscription demand
Full bidding ↗QIB1.01×
sHNI0.80×
bHNI0.89×
NII / HNI0.89×
Retail2.30×
Total1.50×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹240,000 |
| Retail (Max) | 2 | 2400 | ₹240,000 |
| S-HNI (Min) | 3 | 3600 | ₹360,000 |
| S-HNI (Max) | 8 | 9600 | ₹960,000 |
| B-HNI (Min) | 9 | 10800 | ₹1,080,000 |
Reservation
Issue mix
QIB9.48%5,05,200 shares
− Anchor Investor5.68%3,02,400 shares
− QIB (Ex. Anchor)3.81%2,02,800 shares
NII (HNI)42.76%22,77,600 shares
− bNII > ₹10L28.50%15,18,000 shares
− sNII < ₹10L14.26%7,59,600 shares
Retail42.76%22,77,600 shares
Firm Reservations
Market Maker5.00%2,66,400 shares
Total100.00%53,26,800 shares
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure for the purchase of Solar panel. | ₹3.68 Cr |
| Working Capital Requirement of the Company. | ₹15.92 Cr |
| Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company | ₹20.85 Cr |
| General Corporate Purposes | ₹7.90 Cr |
| Issue Expenses | ₹4.93 Cr |
| Total | ₹53.27 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue194.79₹ Cr · +13.4% vs prior year
EBITDA25.67₹ Cr · +10.3% vs prior year
PAT12.35₹ Cr · +12.0% vs prior year
Assets159.97₹ Cr · +30.5% vs prior year
Net Worth43.61₹ Cr · +47.9% vs prior year
Borrowing73.54₹ Cr · +9.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2025
Assets122.59
Total Income171.76
EBITDA23.28
Profit After Tax11.03
NET Worth29.49
Reserves and Surplus18.76
Total Borrowing67.20
28 Feb 2026
Assets159.97
Total Income194.79
EBITDA25.67
Profit After Tax12.35
NET Worth43.61
Reserves and Surplus29.93
Total Borrowing73.54
KPIs
| KPI | Mar 31, 2025 | Feb 28, 2026 |
|---|---|---|
| ROE | 37.42% | 28.33% |
| ROCE | 33.49% | 31.11% |
| Debt / Equity | 2.28% | 1.69% |
| RoNW | 37.42% | 28.33% |
| PAT Margin | 6.43% | 6.34% |
| EBITDA Margin | 13.56% | 13.19% |
| Price to Book Value | 4.4 | 3.08 |
Valuation & shareholding
Pre-IPO EPS8.23
Post-IPO EPS7.19
Pre-IPO P/E12.15
Post-IPO P/E13.91
Promoter holding pre98.01%
Promoter holding post70.55%
Market cap₹187.37 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Madhur Knit Crafts IPO | — | 13.35 x | — | — |
| Ashutosh Fibre IPO | — | 12.55 x | — | — |
| Fascinate Textiles IPO | — | 36.97 x | — | — |
| Shree Balaji IPO | — | 11.85 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding capital expenditure for the purchase of Solar panel. | ₹3.68 Cr |
| Working Capital Requirement of the Company. | ₹15.92 Cr |
| Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company | ₹20.85 Cr |
| General Corporate Purposes | ₹7.90 Cr |
| Issue Expenses | ₹4.93 Cr |
| Total | ₹53.27 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- SKI Capital Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-09.
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