Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Creativity at Best Technologies Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on February 13, 2025.
Creativity at Best Technologies Ltd. IPO was a Book Build Issue
The equity shares were proposed to be listed on the BSE SME. Narnolia Financial Services Ltd. was the book running lead manager and Kfin Technologies Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Aug 17, 2024 |
| Offer document withdrawn | Thu, Feb 13, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 2016, Creativity At Best Technologies Limited (CABTL) engaged in the transport and logistics industry, providing postal courier services, including first and last-mile delivery, transportation, warehousing, and storage solutions for various clients.
The company offers customized logistics services, including first-mile, middle-mile, and last-mile delivery, aiming to bridge businesses and customers through efficient, reliable, and timely solutions.
The company manages a total of 8 warehouses, 130 delivery hubs, 7 rapid delivery points, and 4 micro fulfillment centers to ensure efficient and widespread logistics operations.
Services:
As of 30 June 2024, the company has employed 876 permanent employees.
Competitive Strengths:
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 160.83 | 103.29 | 39.46 |
| Total Income | 248.25 | 258.84 | 164.97 |
| Profit After Tax | 16.59 | 1.27 | 3.97 |
| NET Worth | 37.01 | 9.72 | 8.44 |
| Reserves and Surplus | 36.42 | 9.17 | 7.89 |
| Total Borrowing | 70.45 | 61.09 | 13.59 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure for setting up warehouses, Delivery Hubs and rapid Delivery Centre in various parts of India. | 28.00 |
| 2 | Funding the Working Capital Requirement of the Company | 28.00 |
| 3 | General Corporate Purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 71.02% |
| ROCE | 29.67% |
| RoNW | 71.02% |
| PAT Margin | 6.75% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 71.57% | 52.61% |
Lead Manager Reports
Creativity at Best IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Creativity at Best 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 Creativity at Best IPO using UPI as a payment gateway. Zerodha customers can apply in Creativity at Best IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Creativity at Best IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Creativity at Best IPO dates are not announced. Please check back again after some time.
Creativity at Best IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Creativity at Best 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 Creativity at Best IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Creativity at Best IPO allotment status.
The Creativity at Best IPO listing date is not yet announced. The tentative date of listing is .
