Clay Craft India Limited is set to launch its SME IPO on the NSE Emerge platform, making it one of the notable SME public issues in the consumer goods and ceramics space. In this article, we’ll cover everything you need to know about the IPO, including its GMP, price band, key dates, financials, strengths and challenges, and other important details.
As of 22 June 2026, on the second day of the IPO subscription, the Grey Market Premium (GMP) stands at 35%, while the issue has been subscribed 103.06 times.
What is Clay Craft India IPO?
The Clay Craft India IPO is a book-built public issue through which the company plans to raise funds by issuing new shares to investors. Since it is an entirely fresh issue, the proceeds will go directly to the company for its business and growth objectives.
Qualified Institutional Buyers (QIB): Not more than 50%.
Non-Institutional Investors (NII/HNI): Not less than 15%.
Retail Investors: Not less than 35%.
Listing Date & Time: June 24, 2026, 10:00 AM IST.
Upi Mandate Cut-off Time: June 19, 2026, 5:00 PM IST.
Clay Craft India IPO GMP Today
Today, as of 22 June 2026, Clay Craft India IPO GMP stands at approximately ₹72, implying a listing price of around ₹275 per share, which is about 35.47% premium over the upper band of ₹203.
GMP Date
IPO Price
GMP
Listing
Premium
22-Jun-26
₹203
₹73
₹275
35.47%
21-Jun-26
₹203
₹73
₹275
35.47%
20-Jun-26
₹203
₹73
₹275
35.47%
19-Jun-26
₹203
₹73
₹275
35.47%
18-Jun-26
₹203
₹73
₹275
35.47%
17-Jun-26
₹203
₹73
₹275
35.47%
16-Jun-26
₹203
₹73
₹275
35.47%
15-Jun-26
₹203
₹73
₹275
35.47%
14-Jun-26
₹203
₹74
₹275
35.47%
13-Jun-26
₹203
₹75
₹275
35.47%
12-Jun-26
₹203
₹76
₹275
35.47%
Clay Craft India IPO Subscription Status
Check the latest Clay Craft India IPO subscription status today, including retail, QIB, and NII subscription details, in the table below.
Type of Investor
Subscription (Multiples)
Qualified Institutional Buyers (QIB)
119.19x
Non-Institutional Investors (NII)
153.95x
Retail Investors
71.76x
Total
103.06x
Clay Craft India IPO Objectives
Capital Infusion for Growth: The IPO proceeds will be utilised for funding working capital requirements, capacity expansion, repayment/pre-payment of borrowings, and general corporate purposes.
Expansion Focus: As a pure Fresh Issue, the company receives funds to support business scaling, enhance manufacturing capabilities, and strengthen its market position.
No Divestment: Proceeds go entirely to the company for operational growth.
About Clay Craft India Limited
Clay Craft India Limited was incorporated in 1988 (with operations scaling significantly since the 1990s) and is primarily engaged in the manufacturing and distribution of ceramic tableware products. It operates mainly from Jaipur, Rajasthan, and is one of the leading players in the ceramic dinnerware segment in India.
Headquarters: Clay Craft India is headquartered in Jaipur, Rajasthan, a key hub for the ceramics and handicrafts industry.
Wide Product Portfolio: The company offers around 5,770 SKUs, ranging from dinner sets and mugs to bowls, platters, and other tableware products, serving retail customers as well as the gifting, HoReCa, and corporate segments.
Clay Craft India Ltd Company Overview
Clay Craft India is one of India’s leading ceramic tableware manufacturers with a strong presence in both domestic and international markets. The company offers a wide portfolio of quality products catering to households, hotels, and corporate clients. Its focus on innovation and quality has helped it build a trusted brand in the industry.
Core Business: Clay Craft specialises in designing and manufacturing a wide range of ceramic and bone china tableware, including dinner sets, porcelain products, and other tabletop essentials.
Manufacturing Strength: The company operates a state-of-the-art manufacturing facility in Jaipur that supports large-scale production while maintaining high quality standards through its ISO 9001:2015 certification.
Market Presence: With a strong footprint in India and growing exports, the company focuses on offering premium-quality tableware at competitive prices.
Growth Strategy: Clay Craft continues to invest in product innovation, expand its product portfolio, and strengthen its retail and institutional distribution network.
Clay Craft India Key Highlights
Clay Craft India has established itself as a prominent player in the ceramic tableware industry, backed by a strong brand and expanding market presence.
Here are some of the key reasons that could support its long-term growth:
Steady Growth: The company has witnessed consistent revenue growth, driven by strong brand recognition and a broad product portfolio.
Market Presence: It is among India’s leading ceramic tableware manufacturers with a well-established distribution network across the country.
Trusted Brand: Over the years, Clay Craft has built a strong reputation for quality, making its products a preferred choice among households, hotels, restaurants, and corporate customers.
Positive Industry Outlook: Growing demand for premium homeware, lifestyle products, and gifting solutions is expected to create favourable long-term growth opportunities for the company.
Strengths and Challenges of Clay Craft India
Strengths
Well-established brand with a diverse range of products and a strong reputation for quality.
End-to-end manufacturing capabilities help maintain better control over production and efficiency.
Wide distribution network and steady demand from retail customers, the hospitality sector (HoReCa), and export markets support business growth.
Challenges
Faces intense competition from both organised and unorganised players in the ceramics and tableware industry.
Profit margins can be impacted by fluctuations in the prices of key raw materials such as clay, glaze, and energy.
The business requires significant working capital to manage inventory and day-to-day operations.
Sales are closely tied to domestic consumer spending, making the company vulnerable to slowdowns in discretionary demand.
Clay Craft India Financial Performance
Period Ended
31-Mar-26
31-Mar-25
Assets
251.95
217.39
Total Income
184.57
154.44
Profit After Tax
27.01
20.76
EBITDA
41.96
35.39
NET Worth
166.06
139.05
Reserves and Surplus
150.92
134
Total Borrowing
49.98
47.75
How to Apply for the Clay Craft India IPO?
You can apply for the Clay Craft India IPO through the ASBA (Application Supported by Blocked Amount) facility or using the UPI-based IPO application process offered by most stockbrokers.
Online via ASBA/UPI
Step 1: Log in to your broker’s platform or Net Banking.
Step 2: Head to the IPO section and select "Clay Craft India Ltd IPO".
Step 3: Enter your bid details, including the number of lots, bid price, and ASBA details or enter UPI ID.
Step 4: Review the application, submit it and approve the payment.
Note: If applying through UPI, approve the mandate request in your UPI app before 5:00 PM on the IPO’s closing day for your application to be considered valid.
Offline Application
If you prefer the offline route, you can collect the IPO application form from your broker or a bank. Fill in the required details, sign the form, and submit it to the broker or bank before the application deadline.
Clay Craft India IPO Allotment Status
The Clay Craft India IPO allotment status will be available on the KFin Technologies Limited website post June 22, 2026.
Follow the steps below to check your allotment status online.
Visit the KFin Technologies Limited website.
Click on the IPO allotments section
Select “Clay Craft India Limited” from the dropdown.
Enter PAN, application number, or DP/Client ID.
Click “Search” to view your allotment status.
Note: Allotment status can also be checked through NSE and broker platforms.
Clay Craft India Ltd Contact Details
Registrar
Name: KFin Technologies Limited
Address: F-766 & F-766 A, Road No. 1-D, Vishwakarma Industrial Area, Jaipur, Rajasthan, India, 302013.
The Clay Craft India IPO gives investors a chance to back a well-established ceramic tableware brand with a diversified product portfolio and strong market presence. However, investors should also factor in industry competition and raw material cost risks before making an investment decision.
Disclaimer: The information provided in the article is only for educational purposes and should not be taken as investment advice. Investors are advised to conduct their own research and consult SEBI-registered financial advisors before making any investment decisions. Grey market premiums are unofficial and volatile, and past performance is not indicative of future results.
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