Clay Craft India Limited is engaged in the manufacturing of bone china crockery and ceramic tableware products, catering to both domestic and institutional customers across multiple segments.
The company specializes in premium dining and kitchenware products including plates, cups, saucers, mugs, bowls, platters, tea sets, coffee sets, and other ceramic tableware products, widely used in households, hotels, restaurants, and corporate gifting.
It also provides customized ceramic solutions for corporate and institutional clients based on specific requirements and has developed a dedicated product range for the HoReCa (Hotel, Restaurant and Catering) segment to serve hospitality industry demand.
Product Portfolio:
• Dinnerware
• Mugs
• Platters & Accessories
• Tea & Coffee Service Sets
• Other Ceramic Products
The company offers products under multiple brands and, as of March 31, 2026, had around 5,770 SKUs (Stock Keeping Units) across different product categories, reflecting a wide and diversified product portfolio.
The company operates manufacturing facilities in Jaipur, Rajasthan, supported by modern production infrastructure and an integrated manufacturing process focused on quality, design innovation, and large-scale production capabilities.
As of March 31, 2026, Clay Craft India Limited had a workforce of over 1,392 employees, supporting its manufacturing operations and business growth.
Clay Craft India IPO – Details
| IPO Opening Date | 17 June 2026 |
| IPO Closing Date | 19 June 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 54,24,000 Shares Worth ₹110.11 Crore Fresh Issue: 54,24,000 Shares Worth ₹110.11 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹193 – ₹203 per share |
| Market Lot | 600 Shares |
| Min Order | 600 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Kfin Technologies Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Clay Craft India IPO – Date Schedule
| IPO Open Date | 17 June 2026 |
| IPO Close Date | 19 June 2026 |
| Basis of Allotment | 22 June 2026 |
| Initiation of Refund | 23 June 2026 |
| Credit of Shares to Demat | 23 June 2026 |
| IPO Listing Date | 24 June 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 19, 2026 |
Clay Craft India IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1200 | ₹2,43,600 |
| Retail (Max) | 2 | 1200 | ₹2,43,600 |
| S-HNI (Min) | 3 | 1800 | ₹3,65,400 |
| S-HNI (Max) | 8 | 4800 | ₹9,74,400 |
| B-HNI (Min) | 9 | 5400 | ₹10,96,200 |
Competitive Strength
- Integrated and Scalable Manufacturing Capabilities.
- Experienced Promoter and Management team.
- In house design development with focus towards quality and innovation.
- Diversified product portfolio.
- Extensive Distribution Network and multi-channel Presence.
Company Promoters
- Rajesh Narain Agarwal
- Vikas Agarwal
- Bharat Agarwal
- Deepak Agarwal
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 (Standalone) | ₹146.99 Cr | ₹127.71 Cr | ₹13.50 Cr | ₹46.80 Cr |
| 31 March 2025 (Consolidated) | ₹154.44 Cr | ₹125.94 Cr | ₹20.76 Cr | ₹47.75 Cr |
| 31 March 2026 (Consolidated) | ₹184.57 Cr | ₹148.51 Cr | ₹27.01 Cr | ₹49.98 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 17.71% |
| ROCE | 18.26% |
| Debt/Equity | 0.30 |
| RoNW | 16.27% |
| PAT Margin | 15.02% |
| EBITDA Margin | 23.33% |
| Price to Book Value | 1.85 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 17.84 | 13.13 |
| P/E (x) | 11.38 | 15.46 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| To fund capital expenditure towards setting up an additional manufacturing facility at Manda, Rajasthan. | ₹97.00 |
| General corporate purposes. | – |
✅Strengths
- Established brand with 35+ years experience.
- Wide portfolio with 5,770+ SKUs.
- Strong presence in HoReCa and retail segment.
- Provides customized ceramic products.
- Large manufacturing setup in Jaipur.
- Experienced promoters and strong workforce.
⚠️Risks
- Dependent on hospitality and consumer demand.
- Raw material price fluctuations can affect margins.
- Faces strong competition in ceramic industry.
- Slowdown in HoReCa sector may impact revenue.
- Manufacturing concentrated in single location.
- Brand reputation depends on product quality.
Clay Craft India IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.63% |
Clay Craft India IPO Prospectus
Company Contact Information
| Clay Craft India Limited F-766 & F-766 A, Road No. 1-D, Vishwakarma Industrial Area, Jaipur, Rajasthan, 302013 Phone: +91 1414107978 Email: cs@claycraftindia.com Website: https://www.claycraftindia.com/ |
Clay Craft India IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: claycraft.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Clay Craft India IPO Lead Manager(s)
| 1. Hem Securities Ltd. |
Clay Craft India IPO FAQ
| What is the Clay Craft India IPO? Clay Craft India IPO is an SME IPO. The issue is priced at ₹193 – ₹203 per equity share. The IPO is to be listed on NSE SME. |
| When will the Clay Craft India IPO open? The IPO is to open on 17 June 2026 for QIB, NII, and Retail Investors. |
| What is Clay Craft India IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Clay Craft India IPO Size? Clay Craft India IPO size is ₹110.11 Crore. |
| What are the Clay Craft India IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 1200 Shares for ₹2,43,600, while the maximum bid is 1200 Shares for ₹2,43,600. |
| What is the Clay Craft India IPO Allotment Date? Clay Craft India IPO allotment date is 22 June 2026. |
| What is the Clay Craft India IPO Listing Date? Clay Craft India IPO listing date is 24 June 2026. The IPO is to be listed on the NSE SME. |
