Our Company was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of ÂMadhur Knit Crafts Private Limited bearing Corporate Identification Number U17301PB1997PTC020381 August 21, 1997 issued by the Registrar of Companies, Punjab, H.P & Chandigarh. Subsequently, the name of our Company was changed to ÂMadhur Knit Crafts Limited and a fresh Certificate of Incorporation dated January 30, 2025 was issued by the Registrar of Companies, Chandigarh. As on date of this Red Herring Prospectus, the Corporate Identification Number of our Company is U17301PB1997PLC020381.
Major events & Milestones:
1997
- Madhur Knit Crafts Private Limited was incorporated under the Companies Act, 1956 by its Promoter, Mr. Arun Gupta, with the objective of establishing our Company in the textile manufacturing sector.
2013
- Our Company commenced its commercial operations with a focus on manufacturing blankets, thereby establishing a presence in the winter textile segment.
2021
- To achieve strategic diversification, our Company expanded its product portfolio into fabrics and technical textiles, including value-added products such as chemically coated and laminated fabrics for industrial applications.Â
2022
- Our Company undertook a structured capital expenditure program to enhance its manufacturing capabilities, automation, and infrastructure, supporting scalability and operational efficiency.
2023
- Our Company achieved a key milestone by surpassing ?100 Crores in annual revenue, driven by greater market penetration, product diversification, and consistent demand across its business verticals.
2024
- As part of its technological upgradation strategy, our Company made a capital investment of approximately ?10 Crores in acquiring and commissioning advanced textile machinery, thereby enhancing its production capabilities and quality standards.
2025
- Our Company was converted into a public limited company and renamed Madhur Knit Crafts Limited, pursuant to a resolution passed by the shareholders, marking a new phase in its corporate journey.
2026
- The company has undertaken a preferential allotment of 2,72,307 Equity Shares to investors, enhancing its financial strength and supporting its pre-IPO growth objectives.