Madhur Knit Crafts IPO Financials, Risk Factors, Peers & Objects of Issue

An investor-focused breakdown of the Madhur Knit Crafts IPO offer document: restated financial performance, key ratios, valuation across the price band, competitive strengths, risk factors, listed peers, objects of the issue and the business model, all drawn from the company's RHP disclosures.

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Madhur Knit Crafts IPO Financial Performance (Restated)

Here is how the books have moved over the last three financial years:

All figures in ₹ Crore unless stated otherwise. Source: restated financials disclosed in the offer documents.

Profits have scaled from ₹1.70 Cr to ₹12.35 Cr over two years; the borrowings-to-net-worth ratio has eased to about 1.69. For investors, the trend matters more than any single year, steady compounding with contained leverage is what institutional bidders typically reward, while a late spike in borrowings deserves scrutiny against the stated objects of the issue.

Madhur Knit Crafts IPO Key Performance Indicators (KPI)

Reading these numbers. RoE and RoCE measure how efficiently the business turns shareholder capital into profit; anything in double digits is respectable, mid-twenties plus is strong. A debt-to-equity ratio well below 1 signals a balance sheet that does not depend on lenders. NAV per share anchors the book value of your bid, while price-to-book tells you how many rupees the issue is charging for each rupee of that book, compare it with listed peers in the same sector before deciding whether the premium is justified.

Madhur Knit Crafts IPO Valuation, Pre IPO vs Post IPO

The issue price converts into a different earnings multiple once the fresh shares hit the books. Here is the dilution-adjusted picture:

Pre-IPO figures are computed on the pre-issue share count; post-IPO figures assume full subscription at the upper band.

Madhur Knit Crafts IPO Risk Factors (per RHP)

It is essential to read the complete risk factors in the offer document before investing; this list summarises the key disclosures only.

Madhur Knit Crafts IPO Business Model

• Madhur Knit Crafts (CIN U17301PB1997PLC020381) is engaged in manufacturing of textile products, as disclosed in common pursuit with group company.
• Owns 35 trademarks in classes 24 (textiles) and 25 (clothing) including La' Peneli, Penguin, Madhur, Dickie Bird, indicating branded product sales.
• Operates a factory in Village Seerah, Punjab with land use approvals for 3,872 sq yds (6 Kanal 8 Marla) and 2.718 acres (21 Kanal 15 Marla).
• Holds Udyam MSME registration UDYAM-PB-12-0012200 and Factory Licence LDHOFL5547 valid till 31.12.2029 under Factories Act 1948.
• Has pollution consents (CTO Air/Water), boiler cert, and ISO 9001:2015 / ISO 14001:2015 supporting textile manufacturing operations.
• Company incorporated 21.08.1997 in Punjab, paid-up capital ₹1368.24 Lakhs (post-issue ₹1984.35 Lakhs), showing established scale.
• Earns revenue from manufacturing and sale of textile and garment products under its owned brands.

Madhur Knit Crafts IPO Industry Snapshot

• No market size figures or CAGR growth rates are disclosed in this excerpt; it primarily covers India's foreign investment regulatory framework.
• FDI Policy 2020 (consolidated FDI Policy Circular issued by DIPP, effective October 15, 2020) governs foreign direct investment into India and is proposed to be updated annually.
• RBI Master Circular on Foreign Investment dated July 01, 2015 and Master Direction – Foreign Investment in India (updated up to March 08, 2019) govern issuance of fresh shares by Indian companies to non-resident investors, subject to pricing guidelines and Form FC-GPR filings.
• Composite sectoral cap applies to all types of foreign investment (FDI, FPI, NRI/OCI, LLPs, FVCI, Investment Vehicles, DRs); portfolio investment up to 49% or the sectoral/statutory cap (whichever is lower) requires no Government approval provided ownership and control remain with resident Indian citizens.
• FPI limits under the Portfolio Investment Scheme: 10% of paid-up equity capital per FPI/investor group (individual limit) and 24% aggregate for all FPIs combined, with the 24% limit raisable up to the sectoral cap via Board resolution followed by special resolution of shareholders.
• NRI/OCI investment limits: 5% individually and 10% in aggregate of paid-up equity capital on repatriation basis (raisable to 24% by special resolution); NRI/OCI investments on non-repatriation basis under Schedule 4 of FEMA Regulations are deemed domestic investment at par with residents.

Madhur Knit Crafts IPO Listed Peers (per RHP)

Madhur Knit Crafts valuation versus listed peers in the same industry, from the RHP peer set. The highlighted This IPO column shows how the issue compares on P/E and return on net worth; green marks a cheaper multiple or a stronger ROE relative to the peer median.

Issuer: Madhur Knit Crafts Limited* | CMP: [●] | Face Value: 10 | Revenue: 17163.50 | Basic EPS: 8.51 | Diluted EPS: 8.51 | P/E: [●] | RONW: 37.42% | NAV per Equity Shares: 22.31

Madhur Knit Crafts IPO Objects of the Issue

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Last updated: 02 Sep 2026, 22:24 IST