Clay Craft India Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Clay Craft India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹203
Per ShareLot Size
600 Shares
Minimum Investment
₹1,21,800
Issue Size
₹110.11 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.01%
QIB Quota
49.97%
NII Quota
15.02%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Clay Craft India Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
73.63%
Issue Type
Book Building - SME
ISIN
INE1QGM01024
About the Company
We are a manufacturer and distributor of ceramic tableware products in India, engaged in the design, development, production and sale of a wide range of ceramic tableware including dinner sets, tea and coffee serving sets, mugs, tumblers, platters, bowls, and tabletop accessories. Our product portfolio addresses the diverse requirements of retail consumers, institutional buyers, and the hospitality industry. We market our products under our in-house brands, Clay Craft and JCPL, in addition to our proprietary brands, we have entered into arrangements with various customers for whom we undertake design, development, and manufacturing activities.
Industry Overview
The Indian ceramic tableware market has shown a consistent upward growth trend from INR 35.6 billion in CY 2019 to a projected INR 58.5 billion in CY 2025 at a CAGR of 8.6%. This steady expansion underscores the growing importance of ceramic tableware within the overall ceramic industry, as well as shifting consumer preferences driven by both functional and lifestyle factors. The growth momentum, particularly post-2020, can be attributed to a noticeable increase in homecentric consumption patterns during the pandemic. With individuals spending more time indoors, there was a surge in home improvement spending, including aesthetic and practical kitchen and dining upgrades. This period marked a turning point for the segment, supported heavily by the rise in e-commerce adoption and digital retail infrastructure, making ceramic tableware widely accessible across geographies. The market has also been propelled by seasonal demand cycles especially during festive and wedding seasons and a cultural shift toward sustainable living, where consumers are increasingly preferring ceramic and other traditional materials over plastics and synthetics.
Company History
Our Company was originally formed as a Private Limited Company under Companies Act, 1956 in the name and style of "Clay Craft India Private Limited" pursuant to a certificate of incorporation dated October 31, 1988 which was issued by the Registrar of Companies, Jaipur, Rajasthan, bearing CIN: U26933RJ1988PTC004677. Subsequently, pursuant to special resolution passed by the shareholders at the Extra Ordinary General Meeting, held on June 26, 2025 our Company converted into a Public Limited Company and the name of our Company was changed from "Clay Craft India Private Limited" to "Clay Craft India Limited" vide a fresh certificate of incorporation dated July 15, 2025 was issued by the Registrar of Companies, Central Processing Centre, Manesar bearing CIN U26933RJ1988PLC004677.
Growth Strategy
- Continued innovation to increase our market share and expand consumer base
- Scale up branding, promotional and digital activities
- Expanding manufacturing and production capacities
- Increase Global Footprint.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 2 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY25 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 54,24,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Clay Craft India Limited ("the Company" or "the Issuer") at an issue price of Rs. 203 per equity share (including share premium of Rs. 193 per equity share) for cash, aggregating up to Rs. 110.11 Crores ("Public Issue") out of which upto 2,72,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 203 per equity share for cash, aggregating Rs. 5.53 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of upto 51,51,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 203 per equity share for cash, aggregating upto Rs. 104.58 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 25.04% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 203 per equity share of face value Rs. 10/- each. The floor price (Rs.203) is 20.3 times of the face value of the equity shares. Bids can be made for a minimum of 1200 equity shares and in multiples of 600 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- 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
- The company may not be able to maintain, protect, or enhance its brand recognition, which could has a material adverse effect on the company business, financial condition, and results of operations.
- The company depends on certain key suppliers to procure a significant portion of its raw materials. The company does not enter into long-term agreements with these suppliers and any denial of supplies or loss of the relationship with them could result in disruption in the company operations, which could has an adverse effect on its business, financial condition, results of operations and cash flows.
- If the company fail to identify and effectively respond to changing consumer preferences or quality standards in a timely manner, the demand for its products could decrease, causing the company business, results of operations, financial condition and cash flows to be adversely affected.
- The company is dependent on its distribution network, retailers including large format stores and online platform to sell the company products and any disruption in its trade channel could has an adverse effect on the company business, financial condition, cash flows and results of operations.
- The company is subject to the risk associated with certain of its premises being leased. Non-renewal or dispute with the lessors may disrupt the company business, and its may be subject to regulatory action, penalties, or penal actions being taken by the authorities.