Clay Craft IPO Open: Rs 110 crore IPO opened with 19% GMP, opportunity or risk for investors?

Business Desk – Clay Craft IPO Open: The IPO of ceramic tableware manufacturer Clay Craft India has opened for investors from today i.e. June 17, 2026. The company is planning to raise about Rs 110 crore through this public issue. Investors will be able to apply for this IPO till June 19. The company has fixed the price band of Rs 193 to Rs 203 per share for the issue.

There are positive signals regarding IPO in the gray market. According to market sources, the gray market premium (GMP) of Clay Craft IPO has reached about 19 percent. Based on the upper price band of Rs 203, the possible listing of the share could be around Rs 240. However, GMP only reflects market sentiment and actual performance on listing may differ.

The company will issue about 54.24 lakh new equity shares under this IPO. This is a completely fresh issue, meaning the company will receive the entire amount raised. The funds raised from the IPO will be used to set up new manufacturing units, increase production capacity and meet general corporate needs.

Clay Craft India deals in the field of manufacturing ceramic tableware and kitchenware products. The company manufactures dinner sets, mugs, cups, plates, bowls and other home use products. Its products are sold in the country as well as in the international markets.

The lot size of IPO has been fixed at 600 shares. According to the upper price band of Rs 203, investors will have to invest Rs 1 lakh 21 thousand 800 for one lot. This is an SME IPO, so the minimum amount of investment in it is higher than a normal IPO.

The IPO will close on June 19. The allotment of shares is likely to take place on June 22, while its listing on the NSE SME platform may take place on June 24. Investors’ eyes are now focused on subscription figures and listing gain prospects. Market experts say that due to strong GMP, the IPO may get a good response, but investors should not take decisions just by looking at the gray market premium. It would be better to invest only after keeping in mind the financial performance of the company, business prospects and risks of the SME segment.