Crazy Snacks Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 4.75x | 72,000 | 342,000 | ₹0 Cr |
| NII (HNI) | 1.08x | 3,510,000 | 3,798,000 | ₹15 Cr |
| Retail | 1.26x | 3,534,000 | 4,458,000 | ₹15 Cr |
| Market Maker | — | 378,000 | — | ₹2 Cr |
| Σ Total | 1.21x | 7,116,000 | 8,598,000 | ₹30 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹126,000 |
| Retail (Max) | 13 | 39,000 | ₹1,638,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,764,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,442,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 112 | 129 | 89 |
| Profit After Tax | 6 | 5 | 4 |
| Net Worth | 37 | 31 | 26 |
| Total Assets | 110 | 86 | 89 |
| Reserves & Surplus | 19 | 29 | 25 |
| Total Borrowing | 63 | 45 | 48 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure requirements towards purchase of machinery, equipments and infrastructure enhancement in the existing manufacturing facility – 9.92
- Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company – 5.71
- General Corporate Purposes –
Company Overview
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:
- Diverse Product Portfolio
- Quality Control
- Inclusive offerings across all price segments
- In-House Packaging and Distribution