Jaipur-based ceramic tableware manufacturer Clay Craft India Limited is set to launch its initial public offering (IPO) on June 17, 2026, with the issue closing on June 19. The company aims to raise Rs 110.11 crore through the NSE Emerge platform, with a price band fixed at Rs 193 to Rs 203 per equity share.
Company Background and Operations
Founded in 1988, Clay Craft India operates two manufacturing facilities in Jaipur, spanning approximately 89,000 square meters. The combined production capacity stands at about 6,000 metric tonnes, with a current capacity utilisation of around 82%. The company plans to use the IPO proceeds to expand capacity by nearly 4,000 MT through the installation of European machinery sourced from Italy's SACMI, aiming to scale up production to meet growing demand.
Product Portfolio and Distribution
Clay Craft India markets its products under two in-house brands: Clay Craft and JCPL. The company offers a diverse portfolio of more than 5,770 stock-keeping units (SKUs). It has established a robust distribution network comprising over 130 distributors and maintains a presence across modern retail, e-commerce, HoReCa (Hotel, Restaurant, Café), corporate, and government channels.
Financial Performance
For the fiscal year 2026, Clay Craft India reported revenue from operations of Rs 179.89 crore. The company's EBITDA stood at Rs 41.96 crore, translating into an EBITDA margin of 23.33%. Profit after tax for the year was Rs 27.01 crore, while net worth reached Rs 166.06 crore. Operating cash flow came in at Rs 26.64 crore.
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