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Crayons Advertising IPO is a book build issue of ₹41.80 crores. The issue is entirely a fresh issue of 0.64 crore shares of ₹41.80 crore.
Crayons Advertising IPO bidding started from May 22, 2023 and ended on May 25, 2023. The allotment for Crayons Advertising IPO was finalized on May 30, 2023. The shares got listed on NSE SME on Jun 2, 2023.
Crayons Advertising IPO price band is set at ₹65.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,24,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,60,000.
Corporate Capitalventures Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is SS Corporate Securities Ltd..
Refer to Crayons Advertising IPO RHP for detailed Information.
| IPO Date | May 22, 2023 to May 25, 2023 |
| Listing Date | June 2, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹62 to ₹65 per share |
| Issue Price Final | ₹65 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 64,30,000 shares (aggregating up to ₹41.80 Cr) |
| Reserved for Market Maker | 3,22,000 shares SS Corporate Securities Ltd. (aggregating up to ₹2.09 Cr) |
| Net Offered to Public | 61,08,000 shares (aggregating up to ₹39.70 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,80,00,000 shares |
| Share Holding Post Issue | 2,44,30,000 shares |
Crayons Advertising IPO offers total 64,30,000 shares. Out of which 30,52,000 (47.47%) allocated to QIB, 12,22,000 (19.00%) allocated to QIB, 9,18,000 (14.28%) allocated to NII, 21,38,000 (33.25%) allocated to RII and 18,30,000 (28.46%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,22,000 (5.01%) |
| QIB Shares Offered | 30,52,000 (47.47%) |
| − Anchor Investor Shares Offered | 18,30,000 (28.46%) |
| − QIB (Ex. Anchor) Shares Offered | 12,22,000 (19.00%) |
| NII (HNI) Shares Offered | 9,18,000 (14.28%) |
| Retail Shares Offered | 21,38,000 (33.25%) |
| Total Shares Offered | 64,30,000 (100.00%) |
Crayons Advertising IPO raises ₹11.90 crore from anchor investors. Crayons Advertising IPO Anchor bid date is May 19, 2023. Crayons Advertising IPO Anchor Investors list
| Bid Date | May 19, 2023 |
| Shares Offered | 18,30,000 |
| Anchor Portion Size (In Cr.) | 11.90 |
| Anchor lock-in period end date for 50% shares (30 Days) | June 29, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | August 28, 2023 |
Crayons Advertising IPO opens on May 22, 2023, and closes on May 25, 2023.
| IPO Open Date | Mon, May 22, 2023 |
| IPO Close Date | Thu, May 25, 2023 |
| Tentative Allotment | Tue, May 30, 2023 |
| Initiation of Refunds | Wed, May 31, 2023 |
| Credit of Shares to Demat | Thu, Jun 1, 2023 |
| Tentative Listing Date | Fri, Jun 2, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, May 25, 2023 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,30,000 |
| Retail (Max) | 1 | 2,000 | ₹1,30,000 |
| HNI (Min) | 2 | 4,000 | ₹2,60,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1986, Crayons Advertising Limited is an Integrated marketing and communications agency. They offer 360-degree solutions to a wide array of clients.
Established with the object and vision to provide advertising solutions, Crayons Advertising has expanded its business horizons continuously during its operations in the industry for over 36 years.
Crayons is one of the few agencies that can truly claim to be fully integrated and independent in providing marketing and communications solutions. It has provided a wide area of scope of work being offered and provided to its clients.
They offer world-class creative, exceptional brand marketing strategy, pragmatic online & offline media planning & buying, cutting-edge digital expertise, on-ground & virtual activation capabilities, and design solutions that help clients in brand building.
Crayons Advertising Limited offers a high-end ecosystem and end-to-end ad-tech communication solutions platform. These are for advertising media services consisting of Brand Strategy, Events, Print Media, Digital Media, and Outdoor (OOH) Media services.
These services are offered under various advertisement modes such as Newspapers, Brochures, Magazines, Television Channels, FM channels, and display of Outdoor Hoardings, etc.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 13,218.03 | 16,367.65 | 116.57 | 3,549.64 | 3,324.64 | 1,528.16 |
| 31-Mar-21 | 10,664.77 | 10,661.22 | 12.97 | 3,562.61 | 3,337.61 | 1,532.86 |
| 31-Mar-22 | 12,725.47 | 19,404.97 | 161.34 | 3,723.95 | 3,498.95 | 960.57 |
| 31-Dec-22 | 12,993.16 | 20,374.52 | 1,267.08 | 4,991.03 | 3,191.03 | 815.62 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of Crayons Advertising IPO is ₹158.80 Cr.
| KPI | Values |
|---|---|
| ROE | 0.29% |
| ROCE | 0.32% |
| Debt/Equity | 0.16 |
| RoNW | 25.39% |
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
[Dilip Davda] The company posted average historical trends in its financial performance till FY22 and marked a sudden boost in its bottom line for 9M FY23 – a pre-IPO year. This not only raises eyebrows but concerns over sustainability in the future. Considering historic trends, the issue is aggressively priced while it appears lucratively priced on boosted earnings. Hence well-informed investors may consider parking funds for the medium term. Read detail review...
| Listing Date | June 2, 2023 |
| BSE Script Code | |
| NSE Symbol | CRAYONS |
| ISIN | INE0OFK01019 |
| Final Issue Price | ₹65 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹65.00 |
| Open | ₹90.00 |
| Low | ₹90.00 |
| High | ₹94.50 |
| Last Trade | ₹94.50 |
Crayons Advertising Ltd.
NSIC Complex,
Maa Anandmayee Marg Okhla Industrial Estate,
Phase- III,
Delhi, New Delhi, 110020
Phone: +91 - 9654993221
Email: cs@thecrayonsnetwork.com
Website: http://www.thecrayonsnetwork.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Crayons Advertising IPO is a SME IPO of 64,30,000 equity shares of the face value of ₹10 aggregating up to ₹41.80 Crores. The issue is priced at ₹65 per share. The minimum order quantity is 2000.
The IPO opens on May 22, 2023, and closes on May 25, 2023.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Crayons Advertising IPO using UPI as a payment gateway. Zerodha customers can apply in Crayons Advertising IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Crayons Advertising IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Crayons Advertising IPO opens on May 22, 2023 and closes on May 25, 2023.
Crayons Advertising IPO lot size is 2000, and the minimum amount required for application is ₹1,30,000.
You can apply in Crayons Advertising IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Crayons Advertising IPO will be done on Tuesday, May 30, 2023, and the allotted shares will be credited to your demat account by Thursday, June 1, 2023. Check the Crayons Advertising IPO allotment status.
The Crayons Advertising IPO listing date is on Friday, June 2, 2023.
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