Clay Craft India to Launch ₹110 Crore IPO on June 17; Price Band Set at ₹193–203

Jaipur-based ceramic giant Clay Craft India is entering the primary market to raise ₹110.11 crore for production expansion. The household tableware brand has fixed its price band at ₹193–203 per share.

Jaipur-based ceramic giant Clay Craft India is entering the primary market to raise ₹110.11 crore for production expansion. The household tableware brand has fixed its price band at ₹193–203 per share.

Clay Craft India Limited, a household name in the Indian ceramic tableware industry, has announced its plan to tap into the primary market. The Jaipur-headquartered company’s Initial Public Offering (IPO) is scheduled to open for subscription on June 17, 2026. Through this issue, the manufacturer aims to raise a total of ₹110.11 crore from investors.

Pricing and Issue Details

The company has fixed the price band for its equity shares at ₹193 to ₹203 per share. This offering provides retail investors with a rare opportunity to invest in a niche manufacturing sector that caters to both domestic kitchens and the hospitality industry. The funds raised through the fresh issue will be primarily directed toward scaling up the company's manufacturing footprint.

Growth Strategy and Utilization of Funds

Clay Craft intends to use the capital to fuel its next phase of growth. According to the company's filings, the proceeds will be utilized for:

• Installing advanced new machinery to increase production capacity.
• Modernizing existing manufacturing facilities in Jaipur.
• Meeting general corporate requirements and expansion costs.

Financial Performance

The IPO comes on the back of a robust financial performance in the 2026 fiscal year (FY26). The company reported significant growth in both its top-line revenue and Profit After Tax (PAT), signaling strong demand for its ceramic products. As a well-known brand in the Indian market, Clay Craft has built a reputation for its wide range of bone china and ceramic tableware, which are sold through retail outlets, online platforms, and institutional clients.

For retail investors, the entry of an established brand like Clay Craft offers a play on the rising trend of premiumization in Indian households. As consumer preferences shift toward branded and high-quality kitchenware, the company is positioning itself to capture a larger slice of the organized ceramics market.

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