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Back Office| Madhur Knit Crafts Ltd |
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| Registered Office: Village Seera Sattowal Road, Rahon Road Eros Bajra, Ludhiana - 141007, Punjab |
| Phone: 1 |
| Email: 1 |
| Website: 1 |
| Initial public offering of 53,26,800 equity shares of face value of Rs.10 each (the "Equity Shares") of Madhur Knit Crafts Limited ("MKCL" or the "Company") for cash at a issue price of Rs. 100 per equity shares (including a share premium of Rs. 90 per equity share) (the "Issue Price"), aggregating to Rs. 53.27 Crores ("The Issue"), comprising a fresh issue of 53,26,800 equity shares aggregating to Rs. 53.27 Crores by the company ("Fresh Issue"). There is no offer for sale component in the issue. Out of the issue, 2,66,400 equity shares of Rs.10/- each aggregating to Rs. 2.66 Crores were reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. 50,60,400 equity share of face value of Rs. 10 each at an issue price of Rs. 100 per equity share aggregating to Rs. 50.60 Crores is hereinafter referred to as the "Net issue". The issue and the net issue will constitute 28.02% and 26.62%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. Price Band: Rs. 100/- per equity share of face value of Rs. 10/- each. The floor price is 10 times of the face value of the equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 24-Aug-2026 | 27-Aug-2026 | 100.00 - 0.00 | 0.00 - 0.00 |
| Cr. | Lead Managers to the Issue |
|---|---|
| Project Cost | 48.34 |
| Project Financed through Current Offer | 53.27 |
| Post Issue Equity Share Capital | 19.01 |
| Issue Price | 100.00 |
| Projects |
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| Funding capital expenditure for the purchase of Solar panel. |
| Working Capital Requirement of the Company. |
| Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company |
| General corporate purposes |
| Promoted By |
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| Arun Gupta |
| Piyush Gupta |
| Chirag Gupta |
| NSE - SME |
| Registrar to the Issue |
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| Skyline Financial Services Pvt |