Crazy Snacks IPO
Market Sentiment
IPO Details
IPO Reservation
Market Lot Size
Return Estimator (GMP*)
Financial Analysis
| Metric | 2022 | 2023 | 2024 | June 2024 |
|---|---|---|---|---|
| Revenue | 77.97 | 89.17 | 129.08 | 26.03 |
| Expense | 75.37 | 84.41 | 121.88 | 24.36 |
| Profit (PAT) | 2.11 | 3.54 | 5.32 | 1.28 |
| Total Assets | 55.24 | 88.61 | 85.90 | 91.08 |
| Company | P/E | EPS |
|---|---|---|
| Annapurna Swadisht Ltd | 48.86 | 7.63 |
| Anjani Foods Ltd | 67.90 | 0.48 |
Promoters: Navin Kumar Agarwal and Upma Agrawal
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 1,79,38,830 | 76.14% |
Strengths & Risks
- Revenue grew 45% in the latest reported year.
- Strong return on equity — 17%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
- Elevated leverage — debt/equity of 1.45.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Overall, the company offers more than 140 products, with prices ranging from ₹2 to ₹150, allowing it to serve customers across different income groups.
| Purpose | Amount (Cr) |
|---|---|
| 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 Purpose | - |
Resources & Documents
Crazy Snacks Ltd., Shri Pramodaay Bhawan,, 10 Park Road Officers, Residence Lane,, Near Sahara Press, Gorakhpur, Uttar Pradesh, 273001
Crazy Snacks has set a price band of Rs 39–Rs 42 per share for an issue size of Rs 31 crore. The SME issue is scheduled to open for subscription on June 25, 2026 — 3 days from now.
Overall, the company offers more than 140 products, with prices ranging from ₹2 to ₹150, allowing it to serve customers across different income groups.
The issue is promoted by Navin Kumar Agarwal and Upma Agrawal with Inventure Merchant Banker Services Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding capital expenditure requirements towards purchase of machinery, equipments and infrastructure enhancement in the… (Rs 10 crore) and Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company (Rs 6 crore).
On fundamentals, the company is posting revenue growth of 44.8%, a profit margin of 4.1%, return on equity of 17.1% in its most recent reported period. Listed peers in this segment include Annapurna Swadisht Ltd (P/E 48.86x) and Anjani Foods Ltd (P/E 67.90x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Understanding Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.
How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.
Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.
Factors that influence GMP:
- Subscription levels — Higher subscription typically drives GMP up
- Market conditions — Bullish markets tend to boost GMP across all IPOs
- Company fundamentals — Strong financials and growth potential attract premium
- Industry sentiment — Positive outlook for the sector can increase demand
- IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP
Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.
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