Clay Craft

Clay Craft SME IPO

Listed

NSE SMEOpens 17 June 2026Closes 19 June 2026

Clay Craft India Limited, incorporated in July 1994, is a well-established and prominent manufacturer of high-quality bone china crockery, ceramic dinnerware, and premium kitchenware. Operating out of its integrated…

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Price band
₹193 - ₹203
Issue size
₹110.11 Cr
Lot size
600 shares
Type
NSE SME
GMP
₹35 (+17.2%)
Est. listing
₹238
Est. profit / app
₹42,000
Retail quota
35.01%

Key ratios

As per RHP / filings
Face value
₹10
EPS
13.13
P/E ratio
15.46
RoNW
16.27%
ROE
17.71%
Debt / Equity
0.3
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Timeline

  1. IPO Opens

    17 Jun 2026

  2. IPO Closes

    19 Jun 2026

  3. Allotment

    22 Jun 2026

  4. Listing

    24 Jun 2026

IPO Timeline & Listing Details

EventDate
IPO Open Date17 June 2026
IPO Close Date19 June 2026
Allotment Date22 June 2026
Listing Date24 June 2026

Investment Categories

CategoryLotsAmount
Individual
2₹2,43,600
SHNI (Min)
3₹3,65,400
SHNI (Max)
8₹9,74,400
BHNIAbove ₹10,00,000
9₹10,96,200

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)49.97%
NII (Non-Institutional Investor)15.02%
Retail35.01%
Market Maker5.02%
Total100.00%

IPO Objectives

  • To fund massive capital expenditure requirements towards setting up an additional, high-capacity automated manufacturing facility located at Manda, Rajasthan (₹97.00 Cr).
  • General Corporate Purposes.

Strengths

  • The company possesses a Vast Operational Lineage, successfully running an established consumer brand equity in the competitive ceramic tableware industry for more than three decades since 1994.
  • It leverages a Deep Catalog Sizing Moat, featuring a highly diversified, expansive portfolio managing roughly 5,770 specialized active SKUs that cleanly match changing household preferences and aesthetic design layers.
  • The business boasts Healthy Balance Sheet Metrics, maintaining very low financial leverage with a post-issue debt-to-equity layer tracking safely at an ultra-conservative 0.30.
  • It pursues Strategic Capital Allocation, ensuring that 100% of the fresh operational capital proceeds (excluding generic issue outlays) is directed entirely into fundamental asset creation via its upcoming Manda manufacturing setup.
  • The firm maintains a Steady Double-Digit Growth Trajectory, with total revenues scaling up by 20% while net PAT zoomed forward by 30% between the fiscal years ending 2025 and 2026.

Weaknesses

  • The firm faces Pre-IPO Margin Sustainability Concerns, as sharp bottom-line spikes registered post-FY24 have attracted intense analyst scrutiny regarding long-term structural sustainability within a deeply fragmented sector.
  • The business deals with Intense Competitive Friction, operating in a highly contested, localized marketplace packed with unorganized domestic suppliers and cheap global imports, putting baseline pricing power at risk.
  • It carries a Single-Site Concentration Risk, as its future expansion multipliers and major capital investments are exclusively centered inside a single upcoming hub framework at Manda, Rajasthan.
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)251.95217.39188.67
Revenue (₹ Cr.)184.57154.44146.99
PAT (₹ Cr.)27.0120.7613.5
Net Worth (₹ Cr.)166.06139.05117.01

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB4.32x5.18x119.19x
NII1.76x13.14x153.95x
S-HNI1.16x7.76x90.81x
B-HNI2.06x15.82x185.33x
RII1.62x8.28x71.76x
Total2.42x8.45x103.06x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB10,30,20012,27,90,6002,492.65
NII7,77,00011,96,16,6002,428.22
Small NII2,58,0002,34,28,200475.59
Big NII5,19,0009,61,88,4001,952.62
RII18,03,60012,94,27,2002,627.37
Total36,07,80037,18,34,4007,548.24
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Company Details

  • Clay Craft India Ltd.
  • F-766 & F-766 A, Road No. 1-D, Vishwakarma Industrial Area, Jaipur, Rajasthan, 302013
  • +91 1414107978
  • cs@claycraftindia.com
  • https://www.claycraftindia.com/

Registrar Details

Frequently Asked Questions

What does Clay Craft India do?
Clay Craft India manufactures and sells bone china crockery, porcelain tableware, kitchenware products, and customized dining solutions for households, corporate clients, and the hospitality industry.
What are the IPO dates for Clay Craft India SME IPO?
The Clay Craft India SME IPO will open for subscription on June 17, 2026, and close on June 19, 2026.
What is the price band and minimum investment for Clay Craft India IPO?
The IPO price band is fixed at ₹193 to ₹203 per share. Retail investors need to apply for a minimum of 2 lots (1,200 shares), requiring an investment of ₹2,43,600 at the upper price band.
What is the Grey Market Premium (GMP) of Clay Craft India IPO today?
As of June 15, 2026, the Grey Market Premium (GMP) of Clay Craft India IPO is around ₹65 per share, indicating an estimated listing price of about ₹268.
Where will Clay Craft India IPO be listed?
Clay Craft India IPO is proposed to be listed on NSE SME (NSE Emerge), with the tentative listing date set for June 24, 2026.

Clay Craft SME IPO News & Updates

Follow the latest updates for Clay Craft SME IPO, including grey market moves and allotment news.

Clay Craft SME IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Clay Craft SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Kfin Technologies Ltd.Official site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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