The Creative Graphics IPO date has been confirmed from March 28, 2024, and closes on April 4, 2024. Read the post to learn about Creative Graphics IPO GMP.
Hey there, exciting news in the investment arena! Creative Graphics Developers is stepping into the IPO game with a hefty Rs 54.40 crores on the table. They’re locking in a price band from ₹80 to ₹85 per share. Creative Graphics IPO GMP Today is ₹40. So, if you’re thinking about jumping on this train, here’s the scoop: you’ll need at least 1600 shares to get in, which means a minimum investment of ₹136,000 for the retail crew. And for our High Net Worth Individuals (HNIs), it’s double the action – they’ll need to dive in with a minimum of 2 lots, totaling ₹272,000.
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Bidding Dates
Mar 28 – Apr 4
Price Range
₹80 to ₹85 per share
Face Value
₹10 per share
GMP
₹47
Creative Graphics IPO GMP
The Creative Graphics IPO GMP Today is ₹47.
IPO Overview
Now, let’s talk timelines. The subscription window for Creative Graphics Developers’ IPO opens on March 28, 2024, and closes on April 4, 2024. Allocation news is expected to roll out by April 5, 2024, with a tentative listing date set for April 9, 2024, over at NSE SME.
Creative Graphics IPO Details
| IPO Date | March 28, 2024 to April 4, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹80 to ₹85 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 6,400,000 shares (aggregating up to ₹54.40 Cr) |
| Fresh Issue | 6,400,000 shares (aggregating up to ₹54.40 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,886,000 |
| Share holding post issue | 24,286,000 |
| Market Maker portion | 320,000 shares |
Creative Graphics Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 10,031.29 | 6,600.07 | 4,497.40 | 3,471.15 |
| Revenue | 4,845.69 | 9,178.34 | 6,868.33 | 4,804.34 |
| Profit After Tax | 724.07 | 864.15 | 465.05 | 227.97 |
| Net Worth | 2,550.90 | 1,872.75 | 1,008.60 | 543.55 |
| Reserves and Surplus | 2,400.91 | 1,797.75 | 933.60 | 468.55 |
| Total Borrowing | 4,499.90 | 2,290.52 | 950.57 | 894.64 |
| Amount in ₹ Lakhs | ||||
Creative Graphics IPO Timeline
| 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 |
Company Profile
So, what’s the deal with Creative Graphics Developers? Well, they’re all about flexographic printing plates, and they’ve been at it since 2014. Before that, they went by the name Tanushii Industries Private Limited. They churn out a variety of plates like letterpress plates, coating plates, and digital flexo plates. Plus, they’ve got a couple of fully owned subsidiaries – Creative Graphics Premedia Private Limited and Wahren India Private Limited. These guys offer media services and a range of packaging options for the pharmaceutical sector.
Based in Noida, Uttar Pradesh, Creative Graphics Developers operates across seven production locations in Vasai, Mumbai, Chennai, Baddi, Himachal Pradesh, Hyderabad, Ahmedabad, and Pune. They’ve got clients from all over India and beyond, with customers hailing from Africa, Thailand, Qatar, Kuwait, and Nepal. By March 2024, their team will swell to over 400 talented individuals. So, keep your eyes peeled for this IPO if you’re keen to join the action!
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Creative Graphics Solutions India Limited |
| Phone number | +91 74284 96617 |
| Email ID | cs@creativegraphics.net.in |
| Website | creativegraphics.net.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
