Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Crazy Snacks Ltd IPO
Crazy Snacks Ltd
₹2,34,000 /6000 sharesMinimum investment
IPO listing details
Listed on
3 Jul '26
Issue price
₹42.00
Listing price
₹44.00
Listing gains
₹2.00 (4.76%)
Exchange
--
IPO details
Minimum investment
₹2,34,000
Price range
₹39 - ₹42
Lot size
3,000
Issue size
31.47 Cr
Face value
10
IPO document
Subscription rate
Qualified Institutional Buyers4.75x
Non-Institutional Investor1.07x
Retail Individual Investor1.26x
Total1.20x
As of 30 Jun'26, 05:02 PM
Schedule
25 Jun 2026
IPO open date
30 Jun 2026
IPO close date
1 Jul 2026
Allotment date
1 Jul 2026
Funds unblock or debit
3 Jul 2026
Tentative listing date
About
Founded in
1995
MD/CEO
Mr. Navin Kumar Agarwal
Parent organisation
Crazy Snacks Ltd
Crazy Snacks Financials
Revenue
Total Assets
Profit
All values are in ₹ Cr
Strengths & Risks
Strengths
Risks
The company has a diversified product portfolio comprising 297 products across bakery and snack categories through Crazy Snacks Limited and its subsidiary, Crazy Bakery Udyog Private Limited. Its offerings include bread, buns, cakes, cookies, rusks, namkeen, chips, popcorn, and other snacks, catering to multiple consumer segments.
Crazy Snacks operates across a wide pricing spectrum, with products priced between Rs 2 and Rs 170. This allows the company to serve both value-conscious consumers and customers seeking relatively premium bakery and snack products.
The company is ISO 22000:2018 certified for food safety management systems and also holds FSSAI and Legal Metrology registrations. These certifications and registrations indicate compliance with recognised food safety, packaging, and labelling standards.
The company claims to use modern production technology and quality control processes across its manufacturing operations. It states that quality checks are conducted at various stages of production to maintain consistency in its bakery and snack products.
The company claims to have an integrated packaging and distribution setup. It owns packaging machinery and has a dedicated distribution fleet, which, according to the company, helps maintain greater control over packaging quality and product deliveries.
The company has established a significant presence in North India, particularly in Uttar Pradesh and Bihar. Its distribution network includes a large number of distributors, helping it reach both urban and rural markets across the region.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 74.41 crore in FY22 to Rs 89.12 crore in FY23 to Rs 127.59 crore in FY24, while PAT increased from Rs 2.11 crore in FY22 to Rs 3.54 crore in FY23 to Rs 5.31 crore in FY24.
The company is significantly dependent on a few product categories for its revenue. Sales of rusks, breads, and buns contributed Rs 17.66 crore (67.94%), Rs 108.36 crore (84.91%), Rs 68.29 crore (76.62%), and Rs 68.68 crore (92.30%) of revenue from operations for the period ended June 30, 2024, and FY24, FY23, and FY22, respectively. Any decline in demand for these products, changes in consumer preferences, or a shift towards healthier snacking alternatives could adversely affect the company's revenue and profitability.
The company's business is highly concentrated in Uttar Pradesh and Bihar. Revenue from these two states stood at Rs 25.41 crore (97.79%), Rs 124.36 crore (97.47%), Rs 85.84 crore (96.32%), and Rs 69.51 crore (93.41%) of revenue from operations for the period ended June 30, 2024, and FY24, FY23, and FY22, respectively. Any adverse economic, regulatory, political, or weather-related developments in these regions could materially affect the company's business and financial performance.
Raw material costs constitute a significant portion of the company's expenses. Cost of materials consumed stood at Rs 14.59 crore (56.14%), Rs 77.63 crore (60.84%), Rs 54.92 crore (61.62%), and Rs 55.02 crore (73.94%) of revenue from operations for the period ended June 30, 2024, and FY24, FY23, and FY22, respectively. Any increase in the prices of key inputs such as flour, sugar, edible oil, milk products, or packaging materials may adversely affect margins and profitability.
The company derives a substantial portion of its revenue from low-priced products. SKUs priced between Rs 2 and Rs 5 contributed Rs 8.11 crore (31.21%), Rs 30.90 crore (24.22%), Rs 19.39 crore (21.76%), and Rs 14.33 crore (19.27%) of revenue from operations for the period ended June 30, 2024, and FY24, FY23, and FY22, respectively. Rising input costs may be difficult to pass on to consumers in this price-sensitive segment, potentially affecting profitability.
The company operates two manufacturing facilities, both located in Gorakhpur, Uttar Pradesh. Any disruption from equipment breakdowns, power shortages, labour disputes, natural disasters, or operational issues at these facilities could hurt production, sales, and profitability.
The company's products are semi-perishable, with shelf lives generally ranging from 15 to 90 days. Any inaccuracies in demand forecasting may result in excess inventory, product wastage, and inventory write-offs, which could adversely affect margins and cash flows.
As of November 30, 2024, the company had outstanding financial indebtedness of Rs 53.06 crore. Any failure to service or repay these loans can harm the company’s operations and financial position.
Application details
For Crazy Snacks IPO, eligible investors can apply as Individual investor.
| Apply as | Price band | Apply range | Lot size |
|---|---|---|---|
| Individual investor | ₹39 - ₹42 | ₹2 - ₹5 Lakhs | 3000 |
About
Objective of Crazy Snacks IPO Proceeds
|
Particulars |
Estimated Amount (in ₹ 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 Purposes |
[.] |
|
Total |
15.63 |
Book Running Lead Managers & Registrar of Crazy Snacks IPO
|
Book Running Lead Manager |
Inventure Merchant Banker Services Private Limited |
|
Registrar to the Issue |
KFin Technologies Limited |
|
Market Maker |
Alacrity Securities Limited |
Key Performance Indicators (KPIs) of Crazy Snacks Ltd.
|
KPI |
Value (for the financial year ended March 31, 2025) |
|
ROE (%) |
18.61 |
|
ROCE (%) |
12.31 |
|
Debt/Equity Ratio |
1.72 |
|
PAT Margin (%) |
5.69 |
|
EPS (Basic) (Pre IPO) (₹) |
3.53 |
|
Return on Net Worth (RoNW) (%) |
17.20 |
|
Net Asset Value (NAV) per Equity Share (₹) |
20.52 |
Crazy Snacks IPO Contact Details
|
Company Name |
Crazy Snacks Limited |
|
Registered Office |
Shri Pramodaay Bhawan, 10 Park Road Officers, Residence Lane, Near Sahara Press, Gorakhpur- 273001, Uttar Pradesh, India |
|
Phone |
+91 98380-76426 |
|
|
|
|
Website |
Crazy Snacks IPO Registrar Contact Details
|
Company Name |
KFin Technologies Limited |
|
Phone |
04067162222/ 04079611000 |
|
|
|
|
Website |