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Madhur Knit Crafts plans ₹53 crore NSE Emerge IPO for solar capex and debt repayment

Madhur Knit Crafts plans a ₹53 crore NSE Emerge IPO to fund solar-panel capex, debt repayment and corporate purposes. The Ludhiana-based textile manufacturer supplies blankets, knitted fabrics and garments to domestic consumers, retailers, wholesalers and apparel/home-textile segments.

Newer report , , Mint : Madhur Knit Crafts SME IPO draws 55% subscription; retail portion booked 81%

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Reported figures

From the report. Source details below

  • 53.27 lakh equity shares
  • ₹95-₹100 per share

The source

Source Read the source at The Hindu BusinessLine

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