Madhur Knit Crafts SME IPO draws 55% subscription; retail portion booked 81%

Textile manufacturer Madhur Knit Crafts’ SME IPO was 55% subscribed on day three, with retail demand at 81%. The ₹95-₹100 issue is expected to list on September 1; a ₹16 GMP implies a potential 16% listing premium.

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Reported figures

From the report. Source details below

Lot size: 1,200 shares
NII subscription: 25%
QIB subscription: 1.01x
Estimated listing price: ₹116
Fresh issue: 53.28 lakh shares
FY2025 income: ₹171.76 crore
FY2025 PAT: ₹11.03 crore
11 months ended February 28, 2026 income: ₹194.79 crore
11 months ended February 28, 2026 PAT: ₹12.35 crore
Debt repayment proceeds: ₹20.85 crore
Working-capital proceeds: ₹15.92 crore
Solar-panel purchase proceeds: ₹3.68 crore

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