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Madhur Knit Crafts Announces Rs 53.28 Crore IPO Opening August 24

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Madhur Knit Crafts Announces Rs 53.28 Crore IPO Opening August 24

Analysed 21 Aug 2026·3 sources analysed·Ludhiana, India·Business
Madhur Knit Crafts Announces Rs 53.28 Crore IPO Opening August 24PreviousNext

Madhur Knit Crafts will launch a Rs 53.28 crore initial public offering (IPO) on August 24, closing on August 27, with a price band of Rs 95-100 per share. The company plans to use proceeds for debt repayment, working capital, and solar panel investment. Founded in 1997, Madhur Knit Crafts manufactures textiles and operates an integrated yarn-to-cloth model. For the 11 months ended February 2026, it reported Rs 194.79 crore income and Rs 12.35 crore profit after tax.

Sentiment
50%
TBN's observations

First-hand measurement across 3 sources

We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 36/100.

Outlets measured: thetribune, freepressjournal, news18. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 3 sources · Published under editorial oversight by The Balanced News
Analysed 21 Aug 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (50/100)

Sentiment was consistent across outlets (50–50/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

news18 broke this story on 21 Aug, 12:46 pm. Other outlets followed.

21 Aug, 12:46 pm3 sources · 2 h21 Aug, 02:31 pm
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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  1. 1
    news1821 Aug, 12:46 pm
    Madhur Knit Crafts IPO to open on August 24; sets Rs 95-100 share price band
  2. 2
    freepressjournal21 Aug, 01:15 pm
    Madhur Knit Crafts To Launch 53.28 Crore IPO On August 24 To Fund Expansion And Debt Repayment
  3. 3
    thetribune21 Aug, 02:31 pm
    Madhur Knit Crafts Limiteds IPO Opens from August 24, 2026 to August 27, 2026; Issue Price Band Fixed at Rs. 95 to Rs. 100 Per Equity Share - The Tribune

Who's involved

Institutions and figures named across source coverage.

Corporate
Madhur Knit Crafts LimitedSKI Capital Services

Story context

Category
Business
Location
Ludhiana, India
Sources analysed
3
Last analysed
21 Aug 2026
Key entities
Initial public offeringCroreIndian rupeeWorking capitalSolar panelTextile industryEquity (finance)National Stock Exchange of IndiaCommon stockDyeingTextileChief executive officer