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Creative Graphics Solutions India Limited IPO (Creative Graphics Solutions India IPO) Detail

March 28, 2024 - April 4, 2024

Creative Graphics Solutions India IPO is a book built issue of Rs 54.40 crores. The issue is entirely a fresh issue of 64 lakh shares.

Creative Graphics Solutions India IPO bidding started from March 28, 2024 and ended on April 4, 2024. The allotment for Creative Graphics Solutions India IPO was finalized on Friday, April 5, 2024. The shares got listed on NSE SME on April 9, 2024.

Creative Graphics Solutions India IPO price band is set at ₹80 to ₹85 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹136,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹272,000.

Corporate Capitalventures Pvt Ltd is the book running lead manager of the Creative Graphics Solutions India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Creative Graphics Solutions India IPO is Ss Corporate Securities.

Refer to Creative Graphics Solutions India IPO RHP for detailed information.

Creative Graphics Solutions India IPO Details

IPO Date March 28, 2024 to April 4, 2024
Listing Date April 9, 2024
Face Value ₹10 per share
Price Band ₹80 to ₹85 per share
Lot Size 1600 Shares
Total Issue Size6,400,000 shares
(aggregating up to ₹54.40 Cr)
Fresh Issue6,400,000 shares
(aggregating up to ₹54.40 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue17,886,000
Share holding post issue24,286,000
Market Maker portion320,000 shares
Ss Corporate Securities

Creative Graphics Solutions India IPO Reservation

Creative Graphics Solutions India IPO offers 6,400,000 shares. 1,216,000 (19.00%) to QIB, 912,000 (14.25%) to NII, 2,128,000 (33.25%) to RII and 1,824,000 (28.50%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered1,824,000 (28.50%)
Market Maker Shares Offered320,000 (5.00%)
QIB Shares Offered1,216,000 (19.00%)
NII (HNI) Shares Offered912,000 (14.25%)
Retail Shares Offered2,128,000 (33.25%)
Total Shares Offered6,400,000 (100%)

Creative Graphics Solutions India IPO Anchor Investors Details

Creative Graphics Solutions India IPO raises Rs 15.50 crore from anchor investors. Creative Graphics Solutions India IPO Anchor bid date is March 27, 2024. Creative Graphics Solutions India IPO Anchor Investors list

Bid Date March 27, 2024
Shares Offered 1,824,000
Anchor Portion Size (In Cr.) 15.50
Anchor lock-in period end date for 50% shares (30 Days) May 5, 2024
Anchor lock-in period end date for remaining shares (90 Days) July 4, 2024

Creative Graphics Solutions India IPO Timeline (Tentative Schedule)

Creative Graphics Solutions India IPO opens on March 28, 2024, and closes on April 4, 2024.

IPO Open Date Thursday, March 28, 2024
IPO Close Date Thursday, April 4, 2024
Basis of Allotment Friday, April 5, 2024
Initiation of Refunds Monday, April 8, 2024
Credit of Shares to Demat Monday, April 8, 2024
Listing Date Tuesday, April 9, 2024
Cut-off time for UPI mandate confirmation 5 PM on April 4, 2024

Creative Graphics Solutions India IPO Lot Size

Investors can bid for a minimum of 1600 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 1600 ₹136,000
Retail (Max) 1 1600 ₹136,000
HNI (Min) 2 3,200 ₹272,000
Lot Size Calculator

Creative Graphics Solutions India IPO Promoter Holding

Mr. Deepanshu Goel and Mrs. Sarika Goel are the company promoters.

Share Holding Pre Issue 92.10%
Share Holding Post Issue 67.83%

About Creative Graphics Solutions India Limited

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.

Creative Graphics Solutions India Limited Financial Information (Restated Consolidated)

Creative Graphics Solutions India Limited's revenue increased by 33.63% and profit after tax (PAT) rose by 85.82% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets10,031.296,600.074,497.403,471.15
Revenue4,845.699,178.346,868.334,804.34
Profit After Tax724.07864.15465.05227.97
Net Worth2,550.901,872.751,008.60543.55
Reserves and Surplus2,400.911,797.75933.60468.55
Total Borrowing4,499.902,290.52950.57894.64
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Creative Graphics Solutions India IPO is Rs 206.43 Cr.

KPI as of September 30, 2023.

KPI Values
ROE28.38%
ROCE24.99%
Debt/Equity1.76
RoNW28.38%
P/BV0.5
PAT Margin (%)15.06
Pre IPO Post IPO
EPS (Rs) 4.835.96
P/E (x) 17.5914.25
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2023 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2023 that is available in RHP.

Objects of the Issue (Creative Graphics Solutions India IPO Objectives)

The company intends to utilize the Net Fresh Issue Proceeds 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.

Creative Graphics Solutions India IPO Review (Apply)

[Dilip Davda]  The company enjoys virtual monopoly in pre-press flexo process. It marked growth in its top and bottom lines for the reported periods. Based on FY24 annualized super earnings, the issue appears fully priced. Considering rising preference for flexo process pre-press work, this company is poised for bright prospects ahead. Investors may park funds for the medium to long term rewards. Read detail review...


Creative Graphics Solutions India IPO Subscription Status (Bidding Detail)

The Creative Graphics Solutions India IPO is subscribed 201.86 times on April 4, 2024 6:22:04 PM. The public issue subscribed 144.63 times in the retail category, 98.79 times in the QIB category, and 472.85 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB98.79
NII472.85
Retail144.63
Total201.86

Total Application : 192,354 (144.63 times)

Creative Graphics Solutions India IPO Rating

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Creative Graphics Solutions India IPO Listing Details

Listing Date April 9, 2024
BSE Script Code
NSE Symbol CGRAPHICS
ISIN INE0R7401011
Final Issue Price ₹85 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹85.00
₹175.00
₹167.10
₹183.75
₹176.25

Check IPO Performance…

Creative Graphics Solutions India Limited Contact Details

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
Phone: +91 74284 96617
Email: cs@creativegraphics.net.in
Website: https://creativegraphics.net.in/home/

Creative Graphics Solutions India IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Creative Graphics Solutions India IPO - Buy or Not

Creative Graphics Solutions India IPO Recommendation Summary

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Members 3 0 0

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Creative Graphics Solutions India IPO FAQs

Creative Graphics Solutions India IPO is a SME IPO of 6,400,000 equity shares of the face value of ₹10 aggregating up to ₹54.40 Crores. The issue is priced at ₹80 to ₹85 per share. The minimum order quantity is 1600 Shares.

The IPO opens on March 28, 2024, and closes on April 4, 2024.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Steps to apply in Creative Graphics Solutions India 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 'Creative Graphics Solutions India 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 Creative Graphics Solutions India IPO opens on March 28, 2024 and closes on April 4, 2024.

Creative Graphics Solutions India IPO lot size is 1600 Shares, and the minimum amount required is ₹136,000.

You can apply in Creative Graphics Solutions India 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 Creative Graphics Solutions India IPO will be done on Friday, April 5, 2024, and the allotted shares will be credited to your demat account by Monday, April 8, 2024. Check the Creative Graphics Solutions India IPO allotment status.

The Creative Graphics Solutions India IPO listing date is on April 9, 2024.
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