Creative Graphics Solutions India Limited IPO Detail
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.
Company Promoters
Mr. Deepanshu Goel and Mrs. Sarika GoelIPO Details
| IPO Opening Date | Mar 28, 2024 |
| IPO Closing Date | Apr 04, 2024 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹80 - 85 per equity share |
| Market Lot | 1600 Shares |
| Min Order Quantity | 1600 Shares |
| Listing At | NSE SME |
| Issue Size | ₹54.40 Cr |
| Fresh Issue | ₹54.40 Cr |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.00x | 0.00x | 0.00x | 0.47x | 1.72x | 0.96x |
| Day 2 | 0.00x | 0.00x | 0.00x | 2.03x | 6.14x | 3.50x |
| Day 3 | 0.02x | 0.00x | 0.00x | 5.79x | 15.69x | 9.09x |
| Day 4 | 0.03x | 0.00x | 0.00x | 14.52x | 31.58x | 18.91x |
| Day 5 | 98.79x | 0.00x | 0.00x | 472.85x | 144.63x | 201.86x |
IPO Tentative Timetable
The Creative Graphics Solutions India Limited IPO open date is Mar 28, 2024, and the close date is Apr 04, 2024. The issue may list on Apr 09, 2024.
| IPO Open Date | Mar 28, 2024 |
| IPO Close Date | Apr 04, 2024 |
| Basis of Allotment Date | Apr 05, 2024 |
| Initiation of Refunds | Apr 08, 2024 |
| Credit of Shares to Demat Account | Apr 08, 2024 |
| IPO Listing Date | Apr 09, 2024 |
IPO Lot Size
The Creative Graphics Solutions India Limited IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹136000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1600 | ₹136000 |
| Maximum | 1 | 1600 | ₹136000 |
IPO Promoter Holding
| Pre Issue Share Holding | 92.10% |
| Post Issue Share Holding | 67.83% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 3471.15 | 4804.34 | 227.97 |
| 31-Mar-22 | 4497.40 | 6868.33 | 465.05 |
| 31-Mar-23 | 6600.07 | 9178.34 | 864.15 |
| 30-Sep-23 | 10031.29 | 4845.69 | 724.07 |
Objects of the Issue:
The company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
- To meet the working capital requirements of the company;
- Repayment/prepayment, in part or full, of certain borrowings;
- To meet the capital expenditure of the company;
- To meet out inorganic growth through unidentified acquisitions for company; and
- General Corporate Expenses.
Creative Graphics Solutions India Limited IPO Registrar:
Bigshare Services Pvt Ltd
Creative Graphics Solutions India Limited IPO Lead Manager(s):
Corporate Capitalventures Pvt Ltd
Company Contact Information:
Creative Graphics Solutions India Limited
3F-305, Third Floor, SSG East Plaza,
Plot No. 1&2, Mamram Complex, Mayur Vihar Phase-3,
Near SFS Flats, Pocket C, Delhi - 110096
