ListedSME platform

Madhur Knit Crafts Limited

MADHURKNITTextiles & Apparels24 Aug 2026 – 27 Aug 2026INE1P5601010

Promoters Arun Gupta · Piyush Gupta · Chirag Gupta

On listing day it
-5.0%
listing-day close vs issue price
Since then, against the issue price
-26.4%
₹73.6 on 10 Sept 2026

Against an issue price of ₹100. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹100
final issue price
Issue size
₹46 cr
Lot size
1,200 sh
₹1,20,000 a lot
Listed on
1 Sept 2026
NSE
Now trading as MADHURKNIT — see its filed financials and price history →
Notes

Madhur Knit Crafts Limited raised ₹46 crore through a SME-platform initial public offer.

The filing places it in Textiles & Apparels and names three promoters: Arun Gupta, Piyush Gupta and Chirag Gupta.

The book was open from 24 August 2026 to 27 August 2026.

The issue was priced at ₹100 a share, from a band of ₹95 to ₹100.

As of the exchange's 27-Aug-2026 19:00:00 update the book was subscribed 0.00 times — bids came in below the number of shares on offer, counting bids on NSE and BSE together.

Against their reserved portions: qualified institutional buyers 0.00 times and non-institutional investors 0.00 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.

The shares listed on 1 September 2026.

The last official close on file is ₹73.60 (10 September 2026), which is 26.4% below the issue price.

It now trades as MADHURKNIT, and its filed financials are on its company page.

How it has done since listing
NSE close · 10 Sept 2026
Issue price
₹100
final issue price
Listing-day move
-5.0%
listing-day close vs issue price
Now vs issue price
-26.4%
10 Sept 2026
Since first close

Shares sold in the issue at ₹100 last closed at ₹73.6.

See MADHURKNIT’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 229(2)
Issue price
₹100
face value ₹10
Lot size
1,200 sh
₹1,20,000 a lot
Issue size
₹46 cr
How it was priced
Book-built — the price was discovered inside a band from the bids received
Listing sought at
NSE
Registered office
Northern India
Company website
www.mkcpl.in
Registrar
Skyline Financial Services Private Limited
Lead manager
  • SKI Capital Services Limited
What happens when
4-day book
  1. Bidding opens24 Aug 2026
  2. Bidding closes27 Aug 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing1 Sept 2026
How the bidding is going
as of 27-Aug-2026 19:00:00
0.00x
NSE + BSE combined
21.58 L bid against 0 offered
captured 28 Aug 2026, 7:00 pm IST

Investors have bid for 0.00 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.

Institutional buyers (QIB)0.00x
2,04,000 bid · 0 offered
Non-institutional (HNI)0.00x
19,53,600 bid · 0 offered
NSE bids only — a different figure

Bids placed on NSE alone, excluding BSE. It is smaller than the 0.00x headline above and the two must never be compared or added together.

Where in the price band the bids sit
as of 27 Aug 2026, 7:00 pm IST

Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.

₹95
₹96
₹97
₹99
₹100

Demand falls 10.2% between ₹95 and ₹100: that share of the bids named a price below the top of the band. The axis starts at zero.

Bid at cut-off (no price named)

These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.

Drop from ₹95 to ₹100
10.18%

How much of the demand falls away between the bottom and the top of the band.

Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    1 Oct 2026
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    30 Nov 2026
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    1 Mar 2027
    whole tranche releases on this date
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    1 Mar 2028
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set

The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.

Restated financials

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Kaytex Fabrics Limited15.0%
The issuer’s own figures, as it printed them
EPS
₹8.51
NAV per share
₹22.31
Return on net worth
37.42%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead manager
FirmIssuesTypical listing move
SKI Capital Services Limited
20252026
2
1 measurable
-5.0%
Registrar
FirmIssuesTypical listing move
Skyline financial services private limited
20212026
79
2 measurable
+12.3%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.