Clay Craft India IPO: Price Band, GMP, and Subscription Details
Clay Craft India is set to launch its NSE SME-bound Initial Public Offering (IPO) this week, aiming to raise ₹110.11 crore to fuel its manufacturing expansion. With a growing portfolio in the ceramic tableware segment, the company is attracting significant attention from both retail and high-net-worth investors.
IPO Details, Price Band, and Investment Requirements
The Clay Craft India IPO will open for subscription on Wednesday, June 17, and will remain open until June 19. The issue consists entirely of a fresh issue of 54.24 lakh equity shares. Investors can bid within a price band of ₹193 to ₹203 per share. At the upper price limit, the company’s valuation stands at approximately ₹417.6 crore.
For those looking to participate, the investment scale is as follows:
- Retail Investors: A minimum application requires two lots (1,200 shares), involving an investment of ₹2.44 lakh at the upper price band.
- High-Net-Worth Investors (NII): A minimum bid of three lots (1,800 shares) is required, translating to an investment of ₹3.65 lakh.
The allotment process is expected to conclude on June 22, with the official listing on the NSE SME platform slated for June 24.
Grey Market Premium and Anchor Investor Interest
Market sentiment appears cautiously optimistic, with the Grey Market Premium (GMP) currently hovering around 20%. While GMP serves as an unofficial indicator of potential listing gains, it remains subject to high volatility before the actual listing date.
Strengthening investor confidence, Clay Craft India successfully raised ₹31.34 crore from anchor investors on June 16 through the allocation of 15.43 lakh shares. Hem Securities is managing the issue as the book-running lead manager, while Kfin Technologies will serve as the registrar.
Business Profile and Growth Strategy
Founded in 1994, Clay Craft India has established itself as a specialist in bone china crockery and ceramic tableware. The company serves a diverse clientele, ranging from individual households to the hospitality and corporate sectors. As of March 31, 2026, the company managed a massive inventory of approximately 5,770 stock-keeping units (SKUs) and employed over 1,390 people.
本次融资的主要目标是激进扩张。公司计划将募集资金净额中的约 97 crore 卢比用于在拉贾斯坦邦的曼达 (Manda, Rajasthan) 建立新的制造工厂。剩余资金将用于一般企业用途。
财务表现与营收趋势
公司的财务状况呈现出明显的上升趋势。Clay Craft 报告 2026 财年的总收入为 184.57 crore 卢比，较 2025 财年的 154.44 crore 卢比有显著增长。更令人印象深刻的是，税后利润 (PAT) 同比增长了 30%，从上一财年的 20.76 crore 卢比上升至 27.01 crore 卢比。
核心要点
- 资金用途： 公司计划将募集的 110.11 crore 卢比中的 97 crore 卢比用于在拉贾斯坦邦建设新的制造工厂。
- 强劲的财务增长： Clay Craft 报告其税后利润在 2026 财年同比增长 30%，达到 27.01 crore 卢比。
- 认购期： IPO 认购期为 6 月 17 日至 6 月 19 日，发行价格区间设定为每股 193–203 卢比。