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Crayons Advertising Limited IPO (Crayons Advertising IPO) Detail

May 22, 2023 - May 25, 2023

Crayons Advertising IPO is a book built issue of Rs 41.80 crores. The issue is entirely a fresh issue of 64.3 lakh shares.

Crayons Advertising IPO bidding started from May 22, 2023 and ended on May 25, 2023. The allotment for Crayons Advertising IPO was finalized on Tuesday, May 30, 2023. The shares got listed on NSE SME on June 2, 2023.

Crayons Advertising IPO price band is set at ₹62 to ₹65 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹130,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹260,000.

Corporate Capitalventures Pvt Ltd is the book running lead manager of the Crayons Advertising IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Crayons Advertising IPO is Ss Corporate Securities.

Refer to Crayons Advertising IPO RHP for detailed information.

Crayons Advertising IPO Details

IPO Date May 22, 2023 to May 25, 2023
Listing Date June 2, 2023
Face Value ₹10 per share
Price Band ₹62 to ₹65 per share
Lot Size 2000 Shares
Total Issue Size6,430,000 shares
(aggregating up to ₹41.80 Cr)
Fresh Issue6,430,000 shares
(aggregating up to ₹41.80 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue18,000,000
Share holding post issue24,430,000
Market Maker portion322,000 shares
Ss Corporate Securities

Crayons Advertising IPO Reservation

Crayons Advertising IPO offers 6,430,000 shares. 1,222,000 (19.00%) to QIB, 918,000 (14.28%) to NII, 2,138,000 (33.25%) to RII 1,830,000 (28.46%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered1,830,000 (28.46%)
Market Maker Shares Offered322,000 (5.01%)
QIB Shares Offered1,222,000 (19.00%)
NII (HNI) Shares Offered918,000 (14.28%)
Retail Shares Offered2,138,000 (33.25%)
Total Shares Offered6,430,000 (100%)

Crayons Advertising IPO Anchor Investors Details

Crayons Advertising IPO raises Rs 11.90 crore from anchor investors. Crayons Advertising IPO Anchor bid date is May 19, 2023. Crayons Advertising IPO Anchor Investors list

Bid Date May 19, 2023
Shares Offered 1,830,000
Anchor Portion Size (In Cr.) 11.90
Anchor lock-in period end date for 50% shares (30 Days) June 29, 2023
Anchor lock-in period end date for remaining shares (90 Days) August 28, 2023

Crayons Advertising IPO Timeline (Tentative Schedule)

Crayons Advertising IPO opens on May 22, 2023, and closes on May 25, 2023.

IPO Open Date Monday, May 22, 2023
IPO Close Date Thursday, May 25, 2023
Basis of Allotment Tuesday, May 30, 2023
Initiation of Refunds Wednesday, May 31, 2023
Credit of Shares to Demat Thursday, June 1, 2023
Listing Date Friday, June 2, 2023
Cut-off time for UPI mandate confirmation 5 PM on May 25, 2023

Crayons Advertising IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹130,000
Retail (Max) 1 2000 ₹130,000
HNI (Min) 2 4,000 ₹260,000
Lot Size Calculator

Crayons Advertising IPO Promoter Holding

The promoters of the Company are Mr. Kunal Lalani, Mrs. Vimi Lalani, and M/s Vimi Investments and Finance Private Limited.

Share Holding Pre Issue 99.75%
Share Holding Post Issue 73.50%

About Crayons Advertising Limited

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 Financials

Crayons Advertising Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-2013,218.0316,367.65116.573,549.643,324.641,528.16
31-Mar-2110,664.7710,661.2212.973,562.613,337.611,532.86
31-Mar-2212,725.4719,404.97161.343,723.953,498.95960.57
31-Dec-2212,993.1620,374.521,267.084,991.033,191.03815.62
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Crayons Advertising IPO is Rs 158.8 Cr.

KPI Values
ROE0.29%
ROCE0.32%
Debt/Equity0.16
RoNW25.39%
Pre IPO Post IPO
EPS (Rs) 7.04
P/E (x) 9.39

Objects of the Issue (Crayons Advertising IPO Objectives)

The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:

  1. Funding of working capital requirements of the Company;
  2. Capital expenditure on infrastructure and cutting-edge technology for expansion;
  3. General Corporate Expenses.

Crayons Advertising IPO Review (May apply)

[Dilip Davda]  The company posted average historical trends in its financial performance till FY22 and marked a sudden boost in its bottom line for 9M FY23 – a pre-IPO year. This not only raises eyebrows but concerns over sustainability in the future. Considering historic trends, the issue is aggressively priced while it appears lucratively priced on boosted earnings. Hence well-informed investors may consider parking funds for the medium term. Read detail review...


Crayons Advertising IPO Subscription Status (Bidding Detail)

The Crayons Advertising IPO is subscribed 147.54 times on May 25, 2023 7:29:00 PM. The public issue subscribed 169.94 times in the retail category, 45.20 times in the QIB category, and 231.59 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB45.20
NII231.59
Retail169.94
Total147.54

Total Application : 181,667 (169.94 times)

Crayons Advertising IPO Prospectus

Crayons Advertising IPO Rating

17
3.8
Rating:Rated 3.8 stars
Vote Here ...

Crayons Advertising IPO Listing Details

Listing Date June 2, 2023
BSE Script Code
NSE Symbol CRAYONS
ISIN INE0OFK01019
Final Issue Price ₹65 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹65.00
₹90.00
₹90.00
₹94.50
₹94.50

Check IPO Performance…

Crayons Advertising Limited Contact Details

Crayons Advertising Limited
NSIC Complex,
Maa Anandmayee Marg Okhla Industrial Estate,
Phase- III New Delhi 110020
Phone: +91 - 9654993221
Email: cs@thecrayonsnetwork.com
Website: http://www.thecrayonsnetwork.com/

Crayons Advertising IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

Crayons Advertising IPO - Buy or Not

Crayons Advertising IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 4 0 0

Read All Reviews Post Your Review Manage Reviews

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Crayons Advertising IPO FAQs

Crayons Advertising IPO is a SME IPO of 6,430,000 equity shares of the face value of ₹10 aggregating up to ₹41.80 Crores. The issue is priced at ₹62 to ₹65 per share. The minimum order quantity is 2000 Shares.

The IPO opens on May 22, 2023, and closes on May 25, 2023.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Crayons Advertising IPO using UPI as a payment gateway. Zerodha customers can apply in Crayons Advertising IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Crayons Advertising IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Crayons Advertising IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Crayons Advertising IPO opens on May 22, 2023 and closes on May 25, 2023.

Crayons Advertising IPO lot size is 2000 Shares, and the minimum amount required is ₹130,000.

You can apply in Crayons Advertising IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Crayons Advertising IPO will be done on Tuesday, May 30, 2023, and the allotted shares will be credited to your demat account by Thursday, June 1, 2023. Check the Crayons Advertising IPO allotment status.

The Crayons Advertising IPO listing date is on June 2, 2023.
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Crayons Advertising IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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555 Comments

263. Kapz |   Link |  Bookmark |June 27, 2023 11:39:53 AM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Not sure if anyone is still following this or not. But, it appears, there’s quite a significant accumulation happening at even this high level. Any inputs or guidance from anyone on this?
263.1. MRavichandran |   Link |  Bookmark |June 27, 2023 7:34:28 PM
IPO Guru IPO Guru (2000+ Posts, 2700+ Likes)
@Kapz 
Bought 25 lots today...I have already huge exposure, will hold for few weeks/months. (disclosure: i have high risk appetite, can hold for loner duration as needed)

Thanks
263.2. Kapz |   Link |  Bookmark |June 27, 2023 7:58:20 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
@MRavichandran sir, thanks for sharing. I think it’s a great move, as it appears there’s very strong buying happening continuously from last few days and there may be something to it. Wish you all the best for this and all other holdings of yours. 👍🙏
262. Arvind Rathi Barmer |   Link |  Bookmark |June 20, 2023 6:56:36 PM
REVENUE 281.14 (fy23), 45%up from 194.04 (fy22)
PAT 16.59 (fy23) , 1.61(fy22)
EPS 9.22 (fy23) , 0.90 (fy22)
9x in profit and EPS
261. Kapz |   Link |  Bookmark |June 20, 2023 1:59:19 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
In the meantime, Crayons has posted excellent results and in now on UC. Further upside expected..
261.1. mark bab |   Link |  Bookmark |June 20, 2023 2:28:41 PM (200+ Posts)
The results seem to be in line....i expected further improvement in margins.
261.2. Kapz |   Link |  Bookmark |June 20, 2023 3:07:27 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
@mark bab you are right that margins are less in comparison to it’s peers, but YoY, they seem to have made considerable improvement.
260. SAINUK |   Link |  Bookmark |June 17, 2023 10:10:50 AM
Dear M Ravichandran & Mr. Dilip Davada Sir,
When Circuit change to 10% , why share price go to in minus. And also on result declaration it go in minus, if the result is good. Pl advise.
259. arvindarvind |   Link |  Bookmark |June 9, 2023 9:30:28 PM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
bofa securities europe sa odi has buy 194000
Share today.
Dont know more about it buy feel acchi aa rahi hai.
258. Imhilli |   Link |  Bookmark |June 7, 2023 8:12:48 PM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Almost 30% shares changed hands today. 2-3 more UCs are for sure
258.1. arvindarvind |   Link |  Bookmark |June 7, 2023 9:14:58 PM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
My opinion is same here.
One thing i want to add, out of 19 lakh share no block deal from sell side.
Still no QIB has sell share so it is clear who buy on listing mostly has sell today.
It is a good sign.
257. arvindarvind |   Link |  Bookmark |June 7, 2023 3:03:56 PM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
Aaj ka volume dekh ke maja aa gaya
257.2. Amit banda |   Link |  Bookmark |June 7, 2023 4:16:17 PM
That means sir
257.3. arvindarvind |   Link |  Bookmark |June 7, 2023 5:26:30 PM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
It has open the door for 15 to 20 rs more in few days.
It may be three to four UC.
256. Hiren rock |   Link |  Bookmark |June 5, 2023 12:14:42 PM
I have 1 lot at alloted 65 rs. Can any suggest target price of crayons ?
256.2. SONMAYA |   Link |  Bookmark |June 6, 2023 10:48:11 AM
IPO Mentor IPO Mentor (1300+ Posts, 400+ Likes)
@HIREN HOLD TIGHLY CRAYONS🙏
256.3. Hiren rock |   Link |  Bookmark |June 7, 2023 6:26:32 AM
Thanks holding tightly.
255. arvindarvind |   Link |  Bookmark |June 5, 2023 9:21:36 AM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
If today 4 to 5 lakh share trade then it will be good for more and more UC.
254. PLAZA |   Link |  Bookmark |June 3, 2023 10:17:48 PM
IPO Guru IPO Guru (1600+ Posts, 1100+ Likes)
ऐसा लगता है इस फोरम के द्वारा की बहुत लोगो ने preopen में लौट खरीदे है इसलिए यह अपर सर्किट sustain नहीं हो पायेगा. Be cautious for this stock .This is exclusive my opinion by reading the comments in this forum.
Wish I might be wrong . Let's see
253. MRavichandran |   Link |  Bookmark |June 2, 2023 11:12:06 AM
IPO Guru IPO Guru (2000+ Posts, 2700+ Likes)
Bought 20 lots at pre-open. All the best for those holding or bought

Thanks
253.14. MRavichandran |   Link |  Bookmark |June 12, 2023 7:50:12 PM
IPO Guru IPO Guru (2000+ Posts, 2700+ Likes)
@Imhilli 
I will be holding at least for few weeks/months as buying interest is huge. May be getting accumulated by big investors/Institutions and some booking profits also (changing hands is good for fresh run).

Results on 20th June. (if the results better than expected, more chances of going further high)

Thanks
253.15. Nani Naresh |   Link |  Bookmark |June 14, 2023 8:58:53 AM
@Mravi sir,
Your reviews are really helpful to all the retail investors. Thank you sir.
If you are interested to buy any shares on SME ipo listing day, please post your view at least one day prior to listing OR on listing day. so that we can also buy some chunks in pre-open.
Once again big thank you for all your suggestions CG board.
252. Hiren rock |   Link |  Bookmark |June 2, 2023 5:25:31 PM
How many upper circuit can we expect ?
252.2. Pratham |   Link |  Bookmark |June 3, 2023 11:40:05 PM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
I think Monday uc
Tuesday initially uc, followed by some selling pressure as trading progresses.
252.3. Imhilli |   Link |  Bookmark |June 4, 2023 6:09:30 AM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
UC on Monday is more or less confirmed. Selling pressure will be there on Tuesday. If it sustain that it will have a good run.
251. Cyclodium |   Link |  Bookmark |June 2, 2023 11:50:10 AM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
Sold my lot which was allotted
250. PKRAJ |   Link |  Bookmark |June 2, 2023 11:01:57 AM
Not a good listing as per expectations. No doubt an U C. The premium quoted earlier proved to be very high. When listing is below a very high GMP , either the GMP was unnecessary quoted high or a chance of buying. Time will tell the truth.
No doubt GMP is not a parameter of any listing but a sign of relief before listing.
Congratulations to all who got the allotment.
249. Noorul |   Link |  Bookmark |June 2, 2023 10:30:49 AM
Holding alloted. Strong UC.. seems like will reach 120-25 easily. Listing was too below than GMP.
248. SJogi |   Link |  Bookmark |June 2, 2023 10:19:00 AM
IPO Mentor IPO Mentor (800+ Posts, 800+ Likes)
Bought 2 lots in preopen.
247. Arjun Rajkot |   Link |  Bookmark |June 2, 2023 8:51:16 AM
IPO Guru IPO Guru (1000+ Posts, 1900 Likes)
Buzz Market

Listing 90-95 Range
247.5. arvindarvind |   Link |  Bookmark |June 2, 2023 11:05:03 AM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
@Amit Jaipur 
Main nahi sir,
Data suggest kar rahe hai....
247.6. vishnu sewag |   Link |  Bookmark |June 2, 2023 1:12:40 PM
Sir ji aapka prediction 🙏
246. Hiren rock |   Link |  Bookmark |June 2, 2023 10:08:33 AM
When will circuit limit change from 5 to 10,,?
246.1. Amit Jaipur |   Link |  Bookmark |June 2, 2023 10:14:40 AM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
After 10 days of listing.
245. SSingh |   Link |  Bookmark |June 2, 2023 9:36:29 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Listing seems to be like EXHICON..
Got 1 lot in allotment and buying one lot in preopen.. Will keep average as stop loss..
Not a buying recommendation. Just sharing what I am personally doing!
Jai Shri Ram 🙏🏻
245.7. Anshujii |   Link |  Bookmark |June 2, 2023 11:18:48 AM (400+ Posts)
@SSingh agul ka kuch bataiye..hil hi nahi raha
245.8. SSingh |   Link |  Bookmark |June 2, 2023 12:04:45 PM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Some scripts need a lot of patience!
244. Rohan Bajaj |   Link |  Bookmark |June 2, 2023 9:50:05 AM (300+ Posts)
I think UC possible