26-Mar-2024
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Creative Graphics Solutions India offers a book-built issue, with a 100% fresh issue of 64 Lakh shares worth Rs 54.40 Cr. The price band is Rs 80 to Rs 85 per share, and the lot size for the application is 1600 shares. The investors can apply for the same from March 28, 2024, till April 4, 2024. The IPO is managed by Corporate Capital Ventures Private Limited, i.e., the book-running lead manager, whereas Bigshare Services Private Limited has been appointed as the registrar for the issue. The listing will be on the National Stock Exchange (NSE) SME segment.
About Creative Graphics Solutions India Limited
Creative Graphics is a premier pre-press company engaged in the manufacturing of flexographic printing plates, including Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates. The Company serves customers across India as well as outside India, namely African countries such as Thailand, Qatar, Kuwait, and Nepal. Prior to the incorporation of Creative Graphics Solutions India Limited, the Company’s promoter, Mr Deepanshu Goel, carrying a proprietorship concern since 1998 under the name and style “Creative Graphics”, with the same business line as Creative Graphics Solutions India Limited is viz, manufacturer of all types of- Printing blocks (Photopolymer plates) for flexographic, letterpress & dry offset machines. With an idea to expand further, Creative Graphics Solutions India Limited (hereinafter referred to as “Creative Graphics”) was incorporated in the year 2014.
Primary Objectives of Public Issue of Creative Graphics Solutions India IPO
The Company intends to use net proceeds in various segments that are to meet the working capital requirements, Repayment/prepayment, in part or full, of certain of the borrowings, to meet the capital expenditure of the Company, to meet the inorganic growth through unidentified acquisition for Company and other general corporate expenses.
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Financial Performance of Creative Graphics Solutions India Limited (In Rs Lakhs)
The Company reported its net revenue of 91.79 Cr and Profit after Tax of 8.64 Cr, which increased by 33.63% and 85.82%%, respectively, for the FY22-23.
| Period Ended | 30-Sep-23 | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
| 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 | 933.6 | 468.55 |
| Total Borrowing | 4,499.90 | 2,290.52 | 950.57 | 894.64 |
Essential Details of Creative Graphics Solutions India IPO 2024
| IPO Date | March 28, 2024 to April 4, 2024 |
| Listing Date | April 9, 2024 |
| Face Value | Rs 10 per share |
| Price Band | Rs 80 to Rs 85 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 6,400,000 shares (aggregating up to Rs 54.40 Cr) |
| Fresh Issue | 6,400,000 shares (aggregating up to Rs 54.40 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 17,886,000 |
| Shareholding post issue | 24,286,000 |
| Market Maker Portion | 320,000 shares |
| Ss Corporate Securities |
Tentative Timetable of Creative Graphics Solutions India IPO 2024
Creative Graphics Solutions India IPO will open for subscription on March 28, 2024, and close on April 4, 2024.
| IPO Open Date | March 28, 2024 |
| IPO Close Date | April 4, 2024 |
| Basis of Allotment | April 5, 2024 |
| Initiation of Refunds | April 8, 2024 |
| Credit of Shares to Demat | April 8, 2024 |
| Listing Date | April 9, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 4, 2024 |
Creative Graphics Solutions India IPO Lot Size
A minimum of 1600 shares, i.e. 1 lot and in multiples thereof, can be purchased by investors.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | Rs. 136,000 |
| Retail (Max) | 1 | 1600 | Rs. 136,000 |
| HNI (Min) | 2 | 3200 | Rs. 272,000 |
Key Performance Indicator of Creative Graphics Solutions India Limited
| KPI | Values |
| ROE | 28.38% |
| ROCE | 24.99% |
| Debt/Equity | 1.76 |
| RoNW | 28.38% |
| P/BV | 0.5 |
| PAT Margin (%) | 15.06 |
Promoter Holding of Creative Graphics Solutions India Limited IPO
| Shareholding Pre Issue | 92.10% |
| Shareholding Post Issue | 67.83% |
Promoter of the Creative Graphics Solutions India Limited
The promoters of the Company are Mr. Deepanshu Goel and Mrs. Sarika Goel.
Lead Manager(s) of Creative Graphics Solutions India IPO 2024
The lead manager(s) of Creative Graphics Solutions India IPO 2024 is Corporate Capitalventures Private Limited.
How to Apply for Creative Graphics Solutions India Limited IPO 2024
Wait for the public issue to open for subscription, then click here to apply for the Creative Graphics Solutions India Limited IPO with Bigul.
How to Check the Allotment Status of Creative Graphics Solutions India Limited IPO 2024
Bigshare Services Limited is the registrar for Creative Graphics Solutions India Limited IPO 2024. You can check your allotment status by clicking here.
FAQs
- When is the IPO scheduled to open and close?
Creative Graphics Solutions India IPO is scheduled to open on March 28, 2024. Investors can apply for the same until its closing date, April 4, 2024.
- What will be the price band for the IPO?
The Creative Graphics Solutions India Limited IPO price band is decided from Rs 80 to Rs 85 per share. An investor can bid from that given price range. For the maximum probability of getting allotted, an investor should bid the maximum price of the given band range.
- What are the main objectives of this IPO?
The Company intends to use net proceeds in various segments that are to meet the working capital requirements, Repayment/prepayment, in part or full, of certain of the borrowings, to meet the capital expenditure of the Company, to meet the inorganic growth through unidentified acquisition for Company and other general corporate expenses.
- How has Creative Graphics Solutions India Limited performed financially?
The Company reported its net revenue of 91.79 Cr and Profit after Tax of 8.64 Cr, which increased by 33.63% and 85.82%%, respectively, for the FY22-23.
- What are the key performance indicators of Creative Graphics Solutions India Limited?
Key performance indicators reported an ROE of 28.38%, a ROCE of 24.99%, a RoNW of 28.38%, and a PAT Margin of 15.06%.
- How can I apply for the Creative Graphics Solutions India IPO?
Once the Creative Graphics Solutions India Limited IPO opens for subscription, you can apply for it by clicking here with us on bigul.
- How can I check the allotment status of the IPO?
You can check the status of your allotment of the Creative Graphics Solutions India IPO by visiting here.
- Who are the promoters of Creative Graphics Solutions India Limited?
The promoters of Creative Graphics Solutions India Limited are Mr. Deepanshu Goel and Mrs. Sarika Goel.
- Where will the IPO be listed?
The IPO will be listed on the NSE SME Segment (National Stock Exchange Small and Medium Enterprises).
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