Clay Craft

Clay Craft India SME: Check IPO Date, Live Subscription and Key Details

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 production setups in Jaipur, Rajasthan, the company offers an extensive design catalog comprising approximately 5,770 stock-keeping units (SKUs). Its core product verticals stretch across high-end household dinnerware, specialized ceramic products for corporate gifting, and durable, heavy-grade ceramic solutions explicitly optimized for the fast-growing HoReCa (Hotel, Restaurant, and Catering) industry across local and multi-channel domestic markets.

Price Range
₹193.0 - ₹203.0
Issue Size
110.11 Cr
Lot Size
600 shares
IPO Type
NSE SME
GMP
33(+16.26%)
Est. Listing Price
₹236
Estimate Profit
₹39,600
Retail Portion
35.01%
Face Value
₹10
EPS
13.13
P/E Ratio
15.46
RoNW
16.27%
ROE
17.71%
Debt to Equity
0.3
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Timeline

IPO Opens

17 Jun

IPO Closes

19 Jun

Allotment

22 Jun

Listing

24 Jun

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 1
QIB4.32x
NII1.76x
S-HNI1.16x
B-HNI2.06x
RII1.62x
Total2.42x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB10,30,20044,51,40090.36
NII7,77,00013,68,00027.77
Small NII2,58,0003,00,0006.09
Big NII5,19,00010,68,00021.68
RII18,03,60029,19,60059.27
Total36,07,80087,39,000177.4
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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.
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