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Creative Graphics Solutions IPO is a book build issue of ₹54.40 crores. The issue is entirely a fresh issue of 0.64 crore shares of ₹54.40 crore.
Creative Graphics Solutions IPO bidding started from Mar 28, 2024 and ended on Apr 4, 2024. The allotment for Creative Graphics Solutions IPO was finalized on Apr 5, 2024. The shares got listed on NSE SME on Apr 9, 2024.
Creative Graphics Solutions IPO price band is set at ₹85.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,28,000 (1600 shares). The minimum lot size investment for HNI is 2 lots (3,200 shares), amounting to ₹2,72,000.
Corporate Capitalventures Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is SS Corporate Securities Ltd..
Refer to Creative Graphics Solutions IPO RHP for detailed Information.
| IPO Date | March 28, 2024 to April 4, 2024 |
| Listing Date | April 9, 2024 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹80 to ₹85 per share |
| Issue Price Final | ₹85 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 64,00,000 shares (aggregating up to ₹54.40 Cr) |
| Reserved for Market Maker | 3,20,000 shares SS Corporate Securities Ltd. (aggregating up to ₹2.72 Cr) |
| Net Offered to Public | 60,80,000 shares (aggregating up to ₹51.68 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,78,86,000 shares |
| Share Holding Post Issue | 2,42,86,000 shares |
Creative Graphics Solutions India IPO offers total 64,00,000 shares. Out of which 30,40,000 (47.50%) allocated to QIB, 12,16,000 (19.00%) allocated to QIB, 9,12,000 (14.25%) allocated to NII, 21,28,000 (33.25%) allocated to RII and 18,24,000 (28.50%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,20,000 (5.00%) |
| QIB Shares Offered | 30,40,000 (47.50%) |
| − Anchor Investor Shares Offered | 18,24,000 (28.50%) |
| − QIB (Ex. Anchor) Shares Offered | 12,16,000 (19.00%) |
| NII (HNI) Shares Offered | 9,12,000 (14.25%) |
| Retail Shares Offered | 21,28,000 (33.25%) |
| Total Shares Offered | 64,00,000 (100.00%) |
Creative Graphics Solutions IPO raises ₹15.50 crore from anchor investors. Creative Graphics Solutions IPO Anchor bid date is March 27, 2024. Creative Graphics Solutions IPO Anchor Investors list
| Bid Date | March 27, 2024 |
| Shares Offered | 18,24,000 |
| Anchor Portion Size (In Cr.) | 15.50 |
| Anchor lock-in period end date for 50% shares (30 Days) | May 5, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | July 4, 2024 |
Creative Graphics Solutions IPO opens on March 28, 2024, and closes on April 4, 2024.
| IPO Open Date | Thu, Mar 28, 2024 |
| IPO Close Date | Thu, Apr 4, 2024 |
| Tentative Allotment | Fri, Apr 5, 2024 |
| Initiation of Refunds | Mon, Apr 8, 2024 |
| Credit of Shares to Demat | Mon, Apr 8, 2024 |
| Tentative Listing Date | Tue, Apr 9, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Apr 4, 2024 |
Investors can bid for a minimum of 1,600 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 | 1,600 | ₹1,36,000 |
| Retail (Max) | 1 | 1,600 | ₹1,36,000 |
| HNI (Min) | 2 | 3,200 | ₹2,72,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Creative Graphics Solutions India Limited was founded in 2014 and manufactures flexographic printing plates. The company was previously known as Tanushii Industries Private Limited.
The company manufactures Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates. The company also has two wholly owned subsidiaries: Creative Graphics Premedia Private Limited and Wahren India Private Limited.
Creative Graphics Premedia Pvt Ltd offers premedia services such as design customization and print production. Its clients include ITC, TATA Consumers, MARS, Cavin Kare, Haldiram, Dabur India, KRBL, Himalaya, Hamdard Laboratories etc.
Wahren India Pvt Ltd offers packaging solutions for the pharmaceutical industry such as Alu-Alu Foil, Blister Foil, Tropical Alu-Alu Foil, CR Foil, and Pharmaceutical Sachet.
Creative Graphics Solutions India has 7 manufacturing facilities in Noida, Uttar Pradesh, Vasai, Mumbai, Chennai, Bmaddi Himachal Pradesh, Hyderabad, Ahmedabad and Pune.
The company's customers come from all over India and from countries such as Africa, Thailand, Qatar, Kuwait and Nepal.
As of March 2024, the company has over 400 employees.
Creative Graphics Solutions India Limited's revenue increased by 33.63% and profit after tax (PAT) rose by 85.82% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 10,031.29 | 6,600.07 | 4,497.40 | 3,471.15 |
| Total Income | 4,845.69 | 9,178.34 | 6,868.33 | 4,804.34 |
| Profit After Tax | 724.07 | 864.15 | 465.05 | 227.97 |
| Net Worth | 2,550.90 | 1,872.75 | 1,008.60 | 543.55 |
| Reserves and Surplus | 2,400.91 | 1,797.75 | 933.60 | 468.55 |
| Total Borrowing | 4,499.90 | 2,290.52 | 950.57 | 894.64 |
| Amount in ₹ Lakhs | ||||
The market capitalization of Creative Graphics Solutions IPO is ₹206.43 Cr.
KPI as of Sat, Sep 30, 2023.
| KPI | Values |
|---|---|
| ROE | 28.38% |
| ROCE | 24.99% |
| Debt/Equity | 1.76 |
| RoNW | 28.38% |
| PAT Margin | 15.06% |
| Price to Book Value | 0.50 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 4.83 | 5.96 |
| P/E (x) | 17.59 | 14.25 |
The company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
[Dilip Davda] The company enjoys virtual monopoly in pre-press flexo process. It marked growth in its top and bottom lines for the reported periods. Based on FY24 annualized super earnings, the issue appears fully priced. Considering rising preference for flexo process pre-press work, this company is poised for bright prospects ahead. Investors may park funds for the medium to long term rewards. Read detail review...
| Listing Date | April 9, 2024 |
| BSE Script Code | |
| NSE Symbol | CGRAPHICS |
| ISIN | INE0R7401011 |
| Final Issue Price | ₹85 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹85.00 |
| Open | ₹175.00 |
| Low | ₹167.10 |
| High | ₹183.75 |
| Last Trade | ₹176.25 |
Creative Graphics Solutions India Ltd.
3F-305, Third Floor, SSG East Plaza,
Plot No. 1&2, Mamram Complex, Mayur Vihar Phase-3,
Near SFS Flats, Pocket C,
Delhi, New Delhi, 110096
Phone: +91 74284 96617
Email: cs@creativegraphics.net.in
Website: https://creativegraphics.net.in/home/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Creative Graphics Solutions IPO is a SME IPO of 64,00,000 equity shares of the face value of ₹10 aggregating up to ₹54.40 Crores. The issue is priced at ₹85 per share. The minimum order quantity is 1600.
The IPO opens on March 28, 2024, and closes on April 4, 2024.
Bigshare 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 Creative Graphics Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Creative Graphics Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Creative Graphics Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Creative Graphics Solutions IPO opens on March 28, 2024 and closes on April 4, 2024.
Creative Graphics Solutions IPO lot size is 1600, and the minimum amount required for application is ₹1,36,000.
You can apply in Creative Graphics Solutions 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 Creative Graphics Solutions IPO will be done on Friday, April 5, 2024, and the allotted shares will be credited to your demat account by Monday, April 8, 2024. Check the Creative Graphics Solutions IPO allotment status.
The Creative Graphics Solutions IPO listing date is on Tuesday, April 9, 2024.
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