Clay Craft India IPO GMP on Day 2 of Subscription, 18 June 2026: Grey Market Premium at ₹12, Expected Listing at ₹215

The clay craft india ipo gmp on Day 2 of subscription, 18 June 2026, stands at ₹12. The Clay Craft India IPO opened for subscription on June 17, 2026 and closes on June 19, 2026, a book built issue raising ₹110.11 Cr at a price band of ₹193 to ₹203 per share on the NSE SME platform. The implied expected listing price based on the current GMP is ₹215, approximately 5.9% above the issue price.

Ankit Jaiswal, Senior Research Analyst at Univest explains what the Clay Craft India IPO GMP signals, what the company does and the key factors investors should weigh before the close of subscription on June 19, 2026.

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Clay Craft India IPO GMP: Complete Snapshot

Detail	Information
IPO open date	June 17, 2026
IPO close date	June 19, 2026
Allotment date	June 22, 2026
Listing date	June 24, 2026
Issue size	₹110.11 Cr
Price band	₹193 to ₹203
Lot size	600 shares
Min retail application	1200 shares (₹2,43,600)
Issue type	Book Built
Exchange	NSE SME
Investor quota	35% retail, 50% QIB, 15% NII
Registrar	KFin Technologies Ltd.
Lead manager	HEM Securities Ltd.
Clay Craft India IPO GMP (Day 2)	₹12
Expected listing price	₹215

The table above captures the full snapshot for the Clay Craft India IPO GMP as of Day 2 of subscription. Every figure should be verified from the official BSE, NSE and registrar websites before applying.

Clay Craft India IPO GMP Day 2: What the Grey Market is Saying

The Clay Craft India IPO GMP stands at ₹12 on Day 2 of subscription. This implies an expected listing price of ₹215, approximately 5.9% above the issue price of ₹193 to ₹203. The slightly positive grey market reading suggests that unofficial market participants are expecting some listing premium, though this can shift rapidly as subscription data comes in over the next sessions.

It is important to treat IPO GMP as an informal sentiment indicator only. The grey market is unregulated, and premiums can change sharply between Day 1 and the listing date based on overall subscription, market conditions and sector sentiment.

About Clay Craft India: What Does the Company Do?

Clay Craft India Limited, incorporated in July 1994 and headquartered in Rajasthan, manufactures bone china crockery and ceramic tableware including plates, cups, saucers, mugs and kitchenware for households, hotels, restaurants and corporate gifting. The company offers approximately 5,770 stock-keeping units across its product categories and caters to the HoReCa segment through a dedicated product range. It plans to use the fresh issue proceeds to establish an additional manufacturing facility at Manda, Rajasthan.

Clay Craft India IPO: Key Financial Metrics

Metric	Value
Revenue FY26 / FY25	₹184.57 Cr / ₹154.44 Cr
PAT FY26 / FY25	₹27.01 Cr / ₹20.76 Cr

Investors should verify these figures from the official Red Herring Prospectus available on the BSE and NSE websites before using them in any investment decision related to the Clay Craft India IPO GMP.

How to Apply for the Clay Craft India IPO

The Clay Craft India IPO can be applied through the ASBA route via your bank’s net banking or through UPI via your stockbroker’s platform. The subscription window is open until June 19, 2026. Retail investors must apply for a minimum of 1200 shares at an investment of ₹2,43,600 at the upper price band of 203 per share.

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Clay Craft India IPO GMP: Should You Apply?

The positive Clay Craft India IPO GMP of ₹12 suggests the grey market is currently expecting listing gains, which has historically drawn more retail interest in SME issues. For any SME IPO investment, the GMP is one of many signals. The more important factors are the company’s revenue growth trend, profitability sustainability, peer valuation, promoter background, use of proceeds and the overall SME IPO market environment. SME IPOs carry higher liquidity risk than mainboard issues, and investors should allocate only what they can afford to hold through potential listing-day volatility.

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Conclusion

The Clay Craft India IPO GMP on Day 2 of subscription, 18 June 2026, stands at ₹12. The implied expected listing price of ₹215 is approximately 5.9% above the issue price of ₹193 to ₹203, reflecting slightly positive grey market sentiment. The IPO closes on June 19, 2026 and the tentative listing date on NSE SME is June 24, 2026. Investors should track the live subscription data and verify all figures from the official prospectus before making a decision. The Clay Craft India IPO GMP will be updated as new grey market data becomes available.

FAQs on Clay Craft India IPO GMP

What is the Clay Craft India IPO GMP today on Day 2?

Ans. The Clay Craft India IPO GMP on Day 2 of subscription, 18 June 2026, stands at ₹12. This implies an expected listing price of ₹215, approximately 5.9% above the issue price of ₹193 to ₹203.

What is the price band and lot size for the Clay Craft India IPO?

Ans. The Clay Craft India IPO price band is ₹193 to ₹203 per share with a face value of ₹10. The lot size is 600 shares. Retail investors must apply for a minimum of 1200 shares, requiring an investment of ₹2,43,600 at the upper price band.

When will Clay Craft India IPO shares be allotted and listed?

Ans. The Clay Craft India IPO allotment is expected on June 22, 2026. Shares will be credited to demat accounts before the listing, which is tentatively scheduled for June 24, 2026 on the NSE SME platform. Refunds for unsuccessful applicants will be processed around the same time.

Is Clay Craft India IPO GMP reliable for predicting listing gains?

Ans. The IPO GMP or grey market premium is an unofficial, unregulated indicator and should not be treated as a reliable predictor of listing gains. It reflects sentiment in the informal grey market and can change quickly based on subscription numbers, broader market conditions and demand. Always evaluate the company’s fundamentals, valuation and business model before applying.

What is Clay Craft India IPO subscription status on Day 2?

Ans. The Clay Craft India IPO opened for subscription on June 17, 2026 and closes on June 19, 2026. Day 2 of the subscription period is 18 June 2026. The final subscription data across retail, QIB and HNI categories will determine allotment probability. Investors should check the live subscription data on NSE or BSE before applying.

What does Clay Craft India plan to do with the IPO proceeds?

Ans. According to the offer documents, Clay Craft India plans to use the IPO proceeds for establishing an additional manufacturing facility at Manda, Rajasthan. The issue is a book built issue with a total size of ₹110.11 Cr on the NSE SME platform.

Should I apply for the Clay Craft India IPO?

Ans. Whether to apply for the Clay Craft India IPO depends on your risk appetite, investment horizon and assessment of the company’s fundamentals, valuation and growth prospects. SME IPOs carry higher liquidity risk than mainboard issues. The Clay Craft India IPO GMP gives an early sentiment signal, but it is not a recommendation to buy. Consult a SEBI-registered advisor before investing.