Clay Craft India IPO- Company Analysis
Clay Craft India IPO under the SME IPO category is a bookbuild issue of Rs. 110.11 Cr by Clay Craft India Limited and producer of ceramic dinnerware and bone china dishes.
Plates, cups, saucers, mugs, and other kitchenware that are frequently used in homes, hotels, and business gifts are among the high-quality dining products that the company specializes in. Its product line is renowned for its inventive ideas, robustness, and fashionable finish.
In order to meet the operating demands of the business, the company has created a product line for the HoReCa (Hotel, Restaurant, and Catering) segment and offers tailored ceramic solutions for corporate and institutional clients based on particular requirements. The corporation offered about 5,770 stock-keeping units (or "SKUs") under numerous names in a variety of product categories as of March 31, 2026.
Goods:
-
Mugs for dinnerware
-
Accessories and platters
-
Coffee and tea service sets
-
Others
Clay Craft India IPO Details
The Clay Craft India IPO date of opening is 17 Jun 2026, its initial public offering will end on 19 Jun, IPO allotment on Jun 22 and refund initiation on Jun 23, 2026.
The Rs. 110.11 crore new SME IPO comprises a wholly fresh issue of 0.54 crore shares.
The Clay Craft India IPO listing date (expected) might be Wednesday, Jun 24, 2026, and listing at the NSE and SME.
The Clay Craft India IPO price band is Rs. 193 to Rs. 203.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Jun 17, 2026 |
|
IPO Closing Date |
Jun 19, 2026 |
|
IPO Allotment Date |
Jun 22, 2026 |
|
Refund Initiation |
Jun 23, 2026 |
|
IPO Listing Date |
Jun 24, 2026 |
Click to open demat account and apply for the IPO.
Company Financials
(Amount in Cr)
|
Particulars |
31 Mar 2026 |
31 Mar 2025 |
|
Assets |
251.95 |
217.39 |
|
Total Income |
184.57 |
154.44 |
|
Profit After Tax |
27.01 |
20.76 |
|
EBITDA |
41.96 |
35.39 |
|
Net Worth |
166.06 |
139.05 |
|
Reserves and Surplus |
150.92 |
134.00 |
|
Total Borrowing |
49.98 |
47.75 |
Cash Flows
(Amount in lac)
|
Net Cash Flow |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Net Cash Flow Operating Activities |
2,664.49 |
2,717.04 |
2,535.70 |
|
Net Cash Flow Investing Activities |
(2,107.79) |
(65.43) |
(1,440.23) |
|
Net Cash Flow Financing Activities |
(189.13) |
(335.08) |
(2,410.73) |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The company desires to use the Net Proceeds from the Issue to fulfill its following goals:
-
To fund capital expenditure towards setting up an additional manufacturing facility at Manda, Rajasthan. ~ Rs. 97 Cr.
-
General Corporate Purposes.
Listed Peers of Clay Craft India Ltd.
No listed peer of a similar size is engaged in the same lines of business as mentioned in the RHP.
Valuation
|
KPI |
Value (Mar 31, 2026) |
|
RoE |
17.71% |
|
ROCE |
18.26% |
|
Debt/Equity |
0.30 |
|
RoNW |
16.27% |
|
PAT Margin |
15.02% |
|
EBITDA Margin |
23.33% |
|
Price to Book Value |
1.85 |
Evaluation of P/E Ratio
Considering the period ended on FY 2026 with an EPS of Rs. 17.84 from the last year, the resulting P/E ratio is 11.37x.
Explore the Hexagon Nutrition IPO.
IPO's Strengths
-
Scalable and Integrated Manufacturing Capabilities.
-
Skilled Promoter and Management Group.
-
In-house design creation with an emphasis on creativity and quality.
-
A varied range of products.
IPO's Weaknesses
-
Brand recognition risk.
-
Supplier dependency risk.
-
Changing consumer preference risk.
Clay Craft India IPO GMP (Grey Market Premium)
Clay Craft India IPO GMP today is Rs. 25, as of 13 June 2026, while writing this information. A price band set at Rs. 203 suggests that the estimated listing price of the IPO could be around Rs. 215, indicating a gain/loss of 5.91%.
Clay Craft India IPO Summary
|
IPO Opening & Closing Date |
17 Jun, 2026 to 19 Jun, 2026 |
|
Face Value |
Rs. 10 per Share |
|
Issue Price |
Rs. 193 to Rs. 203 per Share. |
|
Lot Size |
600 Shares |
|
Issue Size |
54,24,000 Shares (Rs. 110 Cr) |
|
Offer for Sale |
- |
|
Fresh Issue |
51,51,600 Shares (Rs. 105 Cr) |
|
Listing at |
NSE, SME |
|
Issue Type |
Book build Issue |
|
Registrar |
Kfin Technologies Ltd. |
IPO Lot Details
Retail investors can invest in a minimum and maximum of 2 Lots (1200 Shares) for Rs. 2,43,600, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (1800 Shares) for Rs. 3,65,400.
|
Minimum Lot Investment (Retail) |
2 Lots |
|
Maximum Lot Investment (Retail) |
2 Lots |
|
HNI (Min) |
3 Lots |
Clay Craft India IPO Allotment Status
To check the Clay Craft India IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Clay Craft India Ltd.
-
Rajesh Narain Agarwal
-
Vikas Agarwal
-
Bharat Agarwal
-
Deepak Agarwal.
|
Pre-Issue Promoter Shareholding |
100% |
|
Post-Issue Promoter Shareholding |
73.63% |
IPO Lead Managers
Hem Securities Ltd.
Dividend Policy
The company has not paid a dividend during the last three financial years.
Conclusion
Clay Craft India IPO demonstrates strong financial performance with consistent growth in revenue, profit, and healthy operating margins supported by an efficient manufacturing model. The company benefits from a diversified product portfolio and strong in-house design capabilities, though it faces risks related to brand recognition and dependence on raw materials.
Other Related Blogs:- Aureate Tradde IPO, Hexagon Nutrition IPO
Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
To Apply for the IPO, Click Here.
To Read the Prospectus of the Company Click Here to Download the DRHP.
Click Here To Stay Updated With The Upcoming IPOs.
DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.
