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Clay Craft Ipo


Clay Craft IPO Review & Key Points

  • Review: Neutral

Peer Group Comparison

  • There are no listed companies.

IPO Lead Managers aka Merchant Bankers

  • Hem Securities Ltd.

Name of the Company Face Value (₹) EPS basic (₹)  EPS Diluted (₹) RONW (%) P/E Ratio NAV (₹)
Powerica Limited 5 15.26  15.26 15.37 %  24.45 99.76
Listed Peers
Cummins India Limited 2 72.15  72.15 26.45% 64.13  272.78
Kirloskar Oil Engines Limited 2 33.71 33.60 15.85% 43.24 212.60
NTPC Green Energy Limited 10 0.67 0.67 2.58% 129.40 21.88
Acme Solar Holdings Limited 2 4.55 4.53 5.59% 50.74  74.54
Adani Green Energy Limited 10 8.37 8.37 11.90%  101.53  76.62

IPO Open DateJune 17, 2026
IPO Close DateJune 19, 2026
Face Value₹10 Per Equity Share
IPO Price Band₹193 to ₹203 Per Share
Issue SizeApprox ₹110.11 Crores
Fresh IssueApprox ₹110.11 Crores
Issue TypeBookbuilding Issue
IPO ListingNSE SME
DRHP Draft Prospectus
RHP Draft Prospectus

ApplicationLot SizeSharesAmount
Retail Minimum21,200₹2,43,600
Retail Maximum21,200₹2,43,600
S-HNI Minimum31,800₹3,65,400
S-HNI Maximum84,800₹9,74,400
B-HNI Minimum95,400₹10,96,200

Investor CategoryShare Offered Shares (%)
Anchor Investor15,43,800 Shares28.46%
QIB (Ex. Anchor)10,30,200 Shares18.99%
NII Shares Offered7,74,000 Shares14.27%
Retail Shares Offered18,03,600 Shares33.25%

Anchor Bidding DateJune 16, 2026
Anchor Investors List
Shares Offered15,43,800 Shares
Anchor Size31.34 Cr.
lock-in period end date 50% shares (30 Days) July 22, 2026
lock-in period end date 50% shares (90 Days) Sep 20, 2026

IPO Open Date:June 17, 2026
IPO Close Date:June 19, 2026
Basis of Allotment:June 22, 2026
Refunds:June 23, 2026
Credit to Demat Account:June 23, 2026
IPO Listing Date:June 24, 2026
IPO Bidding Cut-off Time:June 19, 2026 – 5 PM

ParticularShares% Share
Promoter Holding Pre Issue1,51,46,280100%
Promoter Holding Post Issue2,05,70,28073.63%

PurposeCrores
To fund capital expenditure towards setting up an additional manufacturing facility at Manda, Rajasthan₹97.00
General Corporate Purpose₹-

Period EndedRevenueExpensePATAssets
2025₹154.44₹125.94₹20.76₹217.39
2026₹184.57₹148.51₹27.01₹251.95

KPIValues
ROE:17.71%
ROCE:18.26%
EBITDA Margin:23.33%
PAT Margin:15.02%
Debt to equity ratio:
Earning Per Share (EPS):₹17.84 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):16.27%
Net Asset Value (NAV):₹109.64

Period Ended Revenue Expense PAT Assets
2023 ₹184.81 ₹154.97 ₹32.10 ₹251.58
2024 ₹206.45 ₹175.85 ₹34.44 ₹339.25
2025 ₹322.58 ₹261.43 ₹28.13 ₹455.49
Dec 2025 ₹236.50 ₹186.96 ₹38.69 ₹561.34

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