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InvestmentsIPOClay Craft IPO

Clay Craft IPO

SME

Open Date

17 Jun 2026

Close Date

19 Jun 2026

Min Investment

₹ 2,43,600

Lot Size

600

Issue Size

₹ 110.11 Cr

Price Range

₹ 193 - ₹ 203

Subscribed

2.37 x
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status

IPO Open Now.

IPO Timeline
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IPO Offer Start
17 Jun 2026
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IPO Offer Ends
19 Jun 2026
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Allotment Finalisation
22 Jun 2026
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Refund Initialisation
23 Jun 2026
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Non-Institutional Buyers (sHNI)
23 Jun 2026
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Listing of Shares
24 Jun 2026
IPO Subscription Details as on 18 Jun 2026, 06:55 AM
Qualified Instituational Buyers (QiB)
4.32 x
Retail
1.55 x
Total
2.37 x
Non-Institutional Buyer (bHNI)
1.95 x
Non-Institutional Buyer (sHNI)
1.1 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
Clay Craft India Limited is a manufacturer and distributor of ceramic tableware products in India, engaged in the design, development, production and sale of a wide range of ceramic tableware including dinner sets, tea and coffee serving sets, mugs, tumblers, platters, bowls, and table top accessories. The company markets products under in-house brands Clay Craft and JCPL, addressing diverse requirements of retail consumers, institutional buyers, and the hospitality industry. The company operates two manufacturing facilities in Rajasthan with a combined installed capacity of approximately 6,000 metric tonnes per annum and offers approximately 5,770 stock-keeping units across various product categories.
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Founded In

1988

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CEO

Vikas Agarwal

Financials of Clay Craft India IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2024Mar 2025Mar 2026
Operating Revenue145.43151.94179.89
Other Income1.562.494.68
Total Income
146.99154.44184.57
Total Expenses
127.71125.94148.51
Profit Before Tax19.2828.5036.06
Total Profit
13.5020.7627.01

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company intends to utilize IPO proceeds for expansion and purchase of additional new plant and machinery to expand existing production capacity and undertake civil work for design, manufacture, supply and installation of pre-engineered building to provide additional space for machines and storing ceramic products.97
The company will have flexibility in utilizing proceeds for general corporate purposes including meeting operating expenses, initial development costs for projects, strengthening business development and marketing capabilities, meeting exigencies, and other purposes as approved by the Board of Directors.-
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  • Integrated and Scalable Manufacturing Capabilities: The company operates two manufacturing facilities in Rajasthan with a combined installed capacity of approximately 6,000 metric tonnes per annum, equipped with requisite plant and machinery enabling both manufacturing and design functions in-house.
  • Experienced Promoter and Management Team: The company's promoters have decades of combined experience in the ceramic tableware industry, with Rajesh Narain Agarwal having 36 years, Vikas Agarwal having 27 years, Bharat Agarwal having 25 years, and Deepak Agarwal having 16 years of experience.
  • In-house Design Development with Focus on Quality and Innovation: The company undertakes comprehensive activities including product designing, development, manufacturing, decal printing, and packaging entirely within its own facilities, with ISO 9001:2015 certification for quality management systems.
  • Diversified Product Portfolio: The company offers approximately 5,770 stock-keeping units across various product categories including dinner sets, tea and coffee serving sets, mugs, tumblers, platters, bowls, and table top accessories under in-house brands Clay Craft and JCPL.
  • Extensive Distribution Network and Multi-channel Presence: The company has established a distribution network with approximately 132 distributors across major states and union territories in India, supported by a dedicated sales and marketing team of 47 personnel.
  • Track Record of Healthy Financial Performance: The company's revenue from operations increased from Rs. 14,542.55 lakhs in FY 2024 to Rs. 17,988.67 lakhs in FY 2026, with profit after tax growing from Rs. 1,350.20 lakhs to Rs. 2,701.49 lakhs during the same period.

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