Creative Graphics Solutions India is scheduled to hit the market on March 28, 2024 and close on April 4, 2024. Creative Graphics Solutions plans to raise around ₹54.40 Cr through an IPO with a sale of up to 6,400,000 equity shares of ₹10 each.
Creative Graphics Solutions India, formerly Tanushii Industries Private Limited, was founded in 2014. The company manufactures flexographic printing plates and operates two subsidiaries: Creative Graphics Premedia Private Limited and Wahren India Private Limited.
With over 400 employees as of March 2024, it has seven manufacturing facilities across India and serves clients from India and other countries like Africa, Thailand, Qatar, Kuwait, and Nepal.
Creative Graphics Solutions India IPO Details
Creative Graphics Solutions India IPO opens on March 28, 2024, and closes on April 4, 2024. The Listing date for Creative Graphics Solutions India IPO is on April 9, 2024. The price band for IPO is ₹80 to ₹85 per share and lot size of 1600 Shares.
| IPO Date | Mar 28, 2024 to April 4, 2024 |
| Listing Date | April 9, 2024 |
| Price | ₹80 to ₹85 per share |
| Lot Size | 1600 Shares |
| Issue Size | ₹54.40 Cr |
| Face Value | ₹10 per share |
Creative Graphics Solutions India IPO Tentative Timetable
Creative Graphics Solutions India opening date is March 28, 2024 and close date is April 04, 2024. The IPO allotment date is April 05, 2024. The refund initiation of IPO is on April 08, 2024. The credit of shares in demat account is on April 08, 2024. The listing date is on April 09, 2024.
| Event | Date |
|---|---|
| IPO Opening | Mar 28, 2024 |
| IPO Closing | April 04, 2024 |
| IPO Allotment Date | April 05, 2024 |
| Refund Initiation | April 08, 2024 |
| Shares Credit to Demat | April 08, 2024 |
| Lisiting Date | April 09, 2024 |
Creative Graphics Solutions India IPO Lot Size
Lot Size of this IPO is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹136,000).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 1600 | ₹136,000 |
| Retail(Maximum) | 1 | 1600 | ₹136,000 |
| HNI (Minimum) | 2 | 3200 | ₹272,000 |
Creative Graphics Solutions India IPO Promoter Holding
| Pre Issue Share Holding | 92.10% |
| Post Issue Share Holding | 67.83% |
Creative Graphics Solutions India IPO Review
Creative Graphics Solutions India, a leading manufacturer of flexographic printing plates, has recently launched its IPO with a market capitalization of Rs 206.43 Cr. The company, formerly known as Tanushii Industries Private Limited, has shown impressive financial growth with a 33.63% increase in revenue and an 85.82% rise in profit after tax between March 2022 and March 2023. With over 400 employees and a diverse range of products including Digital Flexo Plates and Pharmaceutical Packaging solutions, Creative Graphics Solutions has established itself as a key player in the industry.
The IPO key performance indicators as of September 30, 2023, reflect the company's strong financial health. With a Return on Equity (ROE) of 28.38%, Return on Capital Employed (ROCE) of 24.99%, and a healthy Profit After Tax (PAT) margin of 15.06%, investors can expect good returns. The company's focus on inorganic growth through acquisitions, capital expenditure, and working capital management demonstrates a strategic approach towards expansion and sustainability. Additionally, the post-issue EPS of 5.96 and a reduced Price/Earnings ratio indicate a positive outlook for potential investors.
In conclusion, Creative Graphics Solutions India IPO presents an exciting opportunity for investors looking to participate in the growth story of a dynamic company in the printing and packaging industry. With a solid financial track record, diversified product portfolio, and strategic objectives for fund utilization, the IPO offers a promising investment prospect. As the company continues to expand its market presence both domestically and internationally, investors can consider this IPO as a valuable addition to their investment portfolio for long-term growth potential.
Creative Graphics Solutions India IPO Subscription Status (Bidding Details)
Table not foundCreative Graphics Solutions India IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Creative Graphics Solutions India IPO FAQs
What is Creative Graphics Solutions India IPO?
Creative Graphics Solutions India is issuing 6,400,000 equity shares with a face value of ₹10 each, totaling up to ₹54.40 Cr. The shares are being offered at a price of ₹80 to ₹85 each, with a minimum order quantity of 1600 shares.
Bigshare Services Pvt Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Creative Graphics Solutions India IPO will open?
Creative Graphics Solutions India will open on March 28, 2024 for QIB, NII, and Retail Investors.
When Creative Graphics Solutions India IPO will end?
Creative Graphics Solutions India will end on April 04, 2024.
What is Creative Graphics Solutions India IPO Size?
Creative Graphics Solutions India IPO size is ₹54.40 Cr.
What is Creative Graphics Solutions India IPO Price Band?
Creative Graphics Solutions India price band is ₹80 to ₹85 per share.
What is the Creative Graphics Solutions India IPO Allotment Date?
Creative Graphics Solutions India allotment date is April 05, 2024.
What is the Creative Graphics Solutions India IPO Listing Date?
Creative Graphics Solutions India listing date is April 09, 2024. The IPO is to be listed on BSE and NSE.
How to Creative Graphics Solutions India IPO through Zerodha?
To apply for the IPO “Creative Graphics Solutions India” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply Creative Graphics Solutions India IPO through Upstox?
To apply for the IPO “Creative Graphics Solutions India” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check Creative Graphics Solutions India IPO Allotment Status?
For Creative Graphics Solutions India IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Creative Graphics Solutions India IPO GMP?
You can check out here: Creative Graphics Solutions India IPO GMP