Crazy Snacks IPO
Bookbuilding IPO | ₹31.00 Cr | Listing at BSE SME
Closed
IPO Open
Thu, Jun 25, 2026
IPO Close
Tue, Jun 30, 2026
Price Band
₹39.00 to ₹42.00
Market Cap (Pre-IPO)
₹100.54 Cr
IPO Details
| IPO Date | Jun 25, 2026 to Jun 30, 2026 |
| Listing Date | Tentative: Jul 03, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹39.00 to ₹42.00 |
| Lot Size | 3000 Shares (Minimum: ₹126,000.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Issue Size | ₹31.00 Crores |
| Total Shares Offered | 7,494,000 shares |
| Fresh Issue | 5,621,000 shares |
| Offer For Sale | 1,495,000 shares |
Crazy Snacks IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
Crazy Snacks IPO Lot Size
Investors can bid for a minimum of 6,000 shares and in multiples of 3,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 6,000 | ₹252,000 |
| Retail (Max) | 2 | 6,000 | ₹252,000 |
| S-HNI (Min) | 3 | 9,000 | ₹378,000 |
| S-HNI (Max) | 7 | 21,000 | ₹882,000 |
| B-HNI (Min) | 8 | 24,000 | ₹1,008,000 |
Crazy Snacks Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 121.61 | 109.82 | 85.90 | 88.61 |
| Total Income | 87.56 | 111.63 | 129.08 | 89.17 |
| Profit After Tax | 6.00 | 6.33 | 5.32 | 3.54 |
| EBITDA | - | - | - | - |
| NET Worth | 42.82 | 36.82 | 31.25 | 26.43 |
| Reserves and Surplus | 24.75 | 18.75 | 29.41 | 24.59 |
| Total Borrowing | 69.91 | 63.26 | 45.22 | 48.01 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 18.61% |
| ROCE (Return on Capital Employed) | 12.31% |
| Debt/Equity | 1.72 |
| RoNW (Return on Net Worth) | 17.20% |
| Price to Book Value | 2.05 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 3.53 | 3.34 |
| P/E (x) | 11.90 | 12.57 |
| Promoter Holding | 76.14% | 50.85% |
Company Promoters
- Navin Kumar Agarwal and Upma Agrawal.
Company Overview
Crazy Snacks – Company Overview
- Incorporated in 1995, Crazy Snacks Limited is engaged in the manufacturing of bakery products and snack foods, including namkeens, chips, popcorn, and potato sticks.
- The company markets its products under three brands: Crazy (affordable snacks and bakery products), Bity (premium cakes, breads, and buns), and Baked Gold (premium cookies and rusks).
- Its product portfolio includes Rusks, Cookies, Breads & Buns, Cakes, Chips, and Namkeen, catering to a wide range of consumer preferences.
- The company offers more than 150 products across various price points ranging from ₹2 to ₹170, combining traditional and modern flavors.
- Crazy Snacks primarily operates in North India, with Uttar Pradesh and Bihar contributing approximately 99.01% of revenue in FY25.
- The company operates two manufacturing facilities and has an extensive distribution network comprising 2,045 distributors and 35 vehicles across the region.
- The company focuses on serving both urban and rural markets through a diversified product range and strong distribution reach.
- As of January 31, 2026, the company had a workforce of 347 employees.
Company Strengths
- Diverse Product Portfolio
- Quality Control
- Inclusive offerings across all price segments
- In-House Packaging and Distribution
Use of Proceeds
| 1) | Funding capital expenditure requirements towards purchase of machinery, equipments and infrastructure enhancement in the existing manufacturing facility | 9.92 |
| 2) | Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company | 5.71 |
| 3) | General Corporate Purposes | |
| Total | 15.63 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Crazy Snacks IPO Peer Comparison
Crazy Snacks peer comparison with similar listed entities. (As on March 28, 2024)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Crazy Snacks Limited | 2.96 | 2.96 | 17.35 | - | 17.08 | - | - |
| Annapurna Swadisht Limited | 7.63 | 7.63 | 61.48 | 48.86 | 11.46 | - | Consolidated |
| Anjani Foods Ltd | 0.48 | 0.51 | 5.15 | 67.90 | 8.53 | 5.80 | Consolidated |
Quick Info
| Sector | Food & Beverage or Food Processing & Packaging |
| Exchange | BSE SME |
| Market Cap (Pre-IPO) | ₹100.54 Cr |
Important Dates
| IPO Open | Jun 25, 2026 |
| IPO Close | Jun 30, 2026 |
| Allotment Date | Jul 01, 2026 |
| Credit to Demat | Jul 02, 2026 |
| Listing Date | Tentative: Jul 03, 2026 |
Lead Manager(s)
Inventure Merchant Banker Services Pvt.Ltd.
Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
Description
- IPO Type: Book build issue aggregating to ₹31.47 crores.
- Issue Structure: Combination of a fresh issue of 0.60 crore shares totaling ₹25.20 crores and an offer for sale of 0.15 crore shares totaling ₹6.28 crores.
- IPO Dates: The issue opens on June 25, 2026 and closes on June 30, 2026.
- Allotment Date: The allotment is expected to be finalized on July 1, 2026.
- Listing Details: The shares are proposed to be listed on BSE Limited SME on July 3, 2026.
- Issue Price Band: ₹39 to ₹42 per equity share.
- Lot Size: 3,000 shares per lot.
- Retail Investment Requirement: Minimum 2 lots (6,000 shares) amounting to approximately ₹2,52,000 (at the upper price band).
- HNI Investment Requirement: Minimum 3 lots (9,000 shares) totaling around ₹3,78,000.
This IPO offers investors an opportunity to participate in the packaged food and snacks sector through a combination of a fresh issue and an offer for sale of shares.