IPO Issue Details
Issue Price / Price Band₹85 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size64,00,000 shares (aggregating up to ₹54.40 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 28 Mar 2024
Subscription CloseThu, 04 Apr 2024
Anchor AllotmentWed, 27 Mar 2024
Basis of AllotmentFri, 05 Apr 2024
Initiation of RefundsMon, 08 Apr 2024
Credit of Shares to DematMon, 08 Apr 2024
Listing DateTue, 09 Apr 2024
UPI Mandate Deadline2024-04-04
Application & Investment Details
Retail — Min (1 Lots)₹1,36,000 — 1,600 shares
Retail — Max (13 Lots)₹1,768,000 (13 Lots)
HNI — Min (2 Lots)₹2,72,000 — 3,200 shares
EPS (Pre-IPO)₹4.83
EPS (Post-IPO)₹5.96
P/E Ratio (Pre-IPO)17.59x
P/E Ratio (Post-IPO)14.25x
Net Offer to Public60,80,000 shares (aggregating up to ₹51.68 Cr)
Reserved for Market Maker3,20,000 shares (aggregating up to ₹2.72 Cr)
Pre-IPO Promoter Holding1,78,86,000 shares
Post-IPO Promoter Holding2,42,86,000 shares
About Creative Graphics Solutions India Ltd
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.
Objects of the Issue
Creative Graphics Solutions India Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet the working capital requirements of the company;
2
Repayment/prepayment, in part or full, of certain borrowings;
3
To meet the capital expenditure of the company;
4
To meet out inorganic growth through unidentified acquisitions for company; and
5
General Corporate Expenses.
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,78,86,000 shares
Post-IPO Promoter Holding
2,42,86,000 shares