Crazy Snacks Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. Inventure Merchant Banker Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Crazy Snacks IPO DRHP for more details.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | [.] to [.] per share |
Lot Size | |
Sale Type | Fresh Capital-cum-Offer for Sale |
Fresh Issue | 56,00,000 shares (aggregating up to ₹[.] Cr) |
Offer for Sale | 13,98,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 1,79,38,830 shares |
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50% of the Net Offer |
Retail Shares Offered | Not less than 35% of the Net Offer |
NII Shares Offered | Not more than 15% of the Net Offer |
Description | Date |
---|---|
Filed with SEBI/Exchange | Wed, Jan 15, 2025 |
SEBI/Exchange approval received | Tue, Jul 1, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1995, Crazy Snacks Limited is engaged in the production of bakery items and a diverse range of snacks, including namkeens, chips, popcorn, and potato sticks.
The company offers products under three brands: Crazy (affordable snacks and bakery items), Bity (premium cakes, breads, and buns), and Baked Gold (premium cookies and rusks), catering to varied customer preferences.
The company primarily operates in North India. the company offers over 140 products priced between ₹2 and ₹150, aiming to blend traditional and contemporary flavors to cater to various consumer preferences.
The company operates primarily in Uttar Pradesh and Bihar, contributing 97% of its revenue. It has two manufacturing facilities and a distribution network of 999 distributors and 35 vehicles across North India.
Product Portfolio: Rusks, Cookies, Breads & Buns, Cakes, Chips, and Namkeen.
As of November 30, 2024, the company employs a total of 225 individuals.
Competitive Strengths:
Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 91.08 | 85.9 | 88.61 | 55.24 |
Total Income | 26.03 | 129.08 | 89.17 | 77.97 |
Profit After Tax | 1.28 | 5.32 | 3.54 | 2.11 |
Net Worth | 32.4 | 31.12 | 26.3 | 19.49 |
Reserves and Surplus | 14.46 | 29.41 | 24.59 | 17.78 |
Total Borrowing | 49.21 | 45.22 | 48.01 | 26.18 |
Amount in ₹ Crore |
KPI | Values |
---|---|
ROE | 17.08% |
ROCE | 14.16% |
Debt/Equity | 1.45 |
RoNW | 17.08% |
PAT Margin | 4.17% |
The Company Crazy Snacks IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (in Million) |
---|---|---|
1 | Funding capital expenditure requirements towards purchase of machinery, equipments and infrastructure enhancement in the existing manufacturing facility | 99.2 |
2 | Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company | 57.06 |
3 | General corporate purposes |
Crazy Snacks Ltd.
Shri Pramodaay Bhawan,
10 Park Road Officers, Residence Lane,
Near Sahara Press
Gorakhpur, Uttar Pradesh, 273001
Phone: +91 98380-76426
Email: secretarial@crazy.org.in
Website: http://www.crazy.org.in/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: csl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Crazy Snacks IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Crazy Snacks IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Crazy Snacks IPO using UPI as a payment gateway. Zerodha customers can apply in Crazy Snacks IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Crazy Snacks IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Crazy Snacks IPO dates are not announced. Please check back again after some time.
Crazy Snacks IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Crazy Snacks 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 Crazy Snacks IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Crazy Snacks IPO allotment status.
The Crazy Snacks IPO listing date is not yet announced. The tentative date of Crazy Snacks IPO listing is [.].
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