Mumbai, Sept. 1 -- The scrip was listed at Rs 100, matching the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 100 and a low of Rs 95. About 7.51 lakh shares of the company changed hands at the counter.

Madhur Knit Crafts' IPO was subscribed 1.47 times. The issue opened for bidding 24 August 2026 and it closed on 27 August 2026. The price band of the IPO was fixed between Rs 95 to Rs 100 per share.

The IPO comprised fresh issue of 53,27,693 equity shares. The company intends to utilize the net proceeds for funding capital expenditure for the purchase of solar panel, working capital requirement of the company, prepayment or repayment of a port...