Madhur Knit Crafts Limited (MKCPL), a Ludhiana-based integrated textile manufacturer, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering. The company, incorporated in 1997, operates a fully integrated yarn-to-cloth manufacturing model, producing knitted fabrics, blankets, anti-pilling fabrics, sherpa fabrics, and garments. This filing marks a significant step for the nearly three-decade-old firm as it seeks public market capitalization to fund its operations and growth.Company Overview Madhur Knit Crafts Limited is headquartered in Ludhiana, Punjab, a premier hub for India’s textile and hosiery industry. The company has evolved…