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Madhur Knit Crafts announces launch of initial public offering

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19-08-2026 12:31 PM
Madhur Knit Crafts Ltd. has announced public offering of 2700000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 90.00 per share. The gross proceeds of the issue are expected to be Rs 2,700.00 lakhs.

The company's initial public offer (IPO) will open on 24 August 2026 and is expected to close on 27 August 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 95.00-100.00 per share.

The IPO includes a fresh Issue of 2700000 Equity Shares of the Company at an price of Rs 100.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Madhur Knit Crafts Ltd. anticipates using the proceeds of the issue for .

SKI Capital Services Limited as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.
Source: Dion Global Solution   Type: IPO Related

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