Crayons Advertising IPO Detail
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.
Company Promoters
Mr. Kunal Lalani, Mrs. Vimi Lalani, and M/s Vimi Investments and Finance Private LimitedIPO Details
| IPO Opening Date | May 22, 2023 |
| IPO Closing Date | May 25, 2023 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹62 - 65 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹41.80 Cr |
| Fresh Issue | 6,430,000 shares |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.01x | - | - | 1.98x | 8.81x | 4.63x |
| Day 2 | 0.08x | - | - | 4.55x | 24.71x | 12.74x |
IPO Tentative Timetable
The Crayons Advertising IPO open date is May 22, 2023, and the close date is May 25, 2023. The issue may list on Jun 02, 2023.
| IPO Open Date | May 22, 2023 |
| IPO Close Date | May 25, 2023 |
| Basis of Allotment Date | May 30, 2023 |
| Initiation of Refunds | May 31, 2023 |
| Credit of Shares to Demat Account | Jun 01, 2023 |
| IPO Listing Date | Jun 02, 2023 |
IPO Lot Size
The Crayons Advertising IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹130000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹130000 |
| Maximum | 1 | 2000 | ₹130000 |
IPO Promoter Holding
| Pre Issue Share Holding | 99.75% |
| Post Issue Share Holding | 73.50% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 13,218.03 | 16,367.65 | 116.57 |
| 31-Mar-21 | 10,664.77 | 10,661.22 | 12.97 |
| 31-Mar-22 | 12,725.47 | 19,404.97 | 161.34 |
| 31-Dec-22 | 12,993.16 | 12,993.16 | 1,267.08 |
Objects of the Issue:
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
- Funding of working capital requirements of the Company;
- Capital expenditure on infrastructure and cutting-edge technology for expansion;
- General Corporate Expenses.
Crayons Advertising IPO Registrar:
Skyline Financial Services Private Ltd
Crayons Advertising IPO Lead Manager(s):
Corporate Capital ventures Pvt Ltd
Company Contact Information:
Crayons Advertising
NSIC Complex,
Maa Anandmayee Marg Okhla Industrial Estate,
Phase- III New Delhi 110020
