Creative Graphics Solutions India Limited IPO : Company Details

Creative Graphics Solutions India Limited IPO is set to launch on 28 March, 2024. The company initiated its business operations in the year 2014. It manufactures Flexographic printing plates. It was known as Tanoshii Industries private Limited before. It manufactures Conventional Flexo Printing Plates, Digital Flexo Plates, metal Back Plates, Letterpress Plates, Coating plates etc. It also owns two subsidiaries named Wahren India Private Limited and Creative graphics Premedia Private Limited. Both its companies do well in their fields with their client base including Tata Consumers, ITC, Cavin Kere, MARS, KRBL, Dabur India, Hamdard laboratories etc. It has 7 manufacturing facilities in Vasai, Noida, Chennai, Hyderabad, Himachal Pradesh, Ahmedabad and Pune. The company also exports its products to various countries like Thailand, Africa, Kuwait, Qatar and Nepal. It has an employee base of 400 people.

Creative Graphics Solutions India Limited IPO DETAILS

Creative Graphics Solutions India Limited IPO is set to launch on 28 March, 2024. The subscription timeline extends till 4 April, 2024. The size for the IPO is 54.40 Crore Rs. Shares issued through fresh issue mode are worth Rs 54.40 Crore. No shares are issued through offer for sale mode. The lot size is 1600 shares and the price is 80 Rs to 85 Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a Book Built Issue. The registrar for the company is BigShare Services Private Limited.

Tabular Description of Creative Graphics Solutions India Limited IPO

IPO OPENING DATE	28 March, 2024
CLOSING DATE FOR IPO	4 April, 2024
ISSUE TYPE	Book Built Issue
Face Value per share	10 Rs. per share
IPO price band	80 Rs to 85 Rs per share
LOT SIZE	1600 shares
MINIMUM ORDER QUANTITY	1600 shares
ISSUE SIZE	54.40 Crore Rs.
OFFER FOR SALE	No shares are issued through offer for sale mode
FRESH ISSUE	54.40 Crore Rs.
LISTING AT	NSE SME
LISTING DATE	9 April, 2023

Creative Graphics Solutions India Limited IPO: IMPORTANT DATES

IPO OPENING DATE	28 March, 2024
CLOSING DATE FOR IPO	4 April, 2024
IPO ALLOTMENT DATE	5 April, 2024
REFUNDS	8 April, 2024
DEMAT A/C CREDITED ON	8 April, 2024
IPO LISTING DATE	9 April, 2024

Creative Graphics Solutions India Limited IPO begins for subscription from 28 March, 2024. The IPO subscription would continue till 4 April, 2024. The allotment status for the shareholders who applied would come on 5 April, 2024. The refunds for the ones who did not get allotment would be initiated on 8 April, 2024. The DEMAT accounts of shareholders would be credited on 8 April, 2024. The listing of the company would be completed on 9 April, 2024.

Creative Graphics Solutions India Limited IPO : Lead Managers

The lead managers are :

• Corporate Capital Ventures Private Limited

The minimum lot size for the company is decided at 1600 shares. This holding accounts to 136000 Rs.. The maximum lot size is decided at 3200 shares (HNI). This amounts to 272000 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	1600 shares	136000 Rs.
Maximum	3200 shares	272000 Rs.

OBJECTIVES FOR THE IPO

• IPO proceeds would be used for general corporate purposes.
• The company will use the IPO money for further working capital requirements.

COMPANY FINANCIALS

Particularly (in Lakh Rs.)	2020-21	2021-22	2022-23
Asset	3471	4497	6600
Revenue	4804	6868	9178
PAT	227	465	864

Creative Graphics Solutions India Limited had an asset base of 3471 Lakh Rs in 2021 which increased to 4497 Lakh Rs in 2022 and 6600 Lakh Rs in 2023. The revenue of the firm was 4804 Lakh Rs in 2022 which increased to 6868 Lakh Rs in 2022 and 9178 Lakh Rs in 2023. The profit of the firm was 227 Lakh Rs in 2021. This increased to 465 Lakh Rs in 2022 and the same increase to 864 Lakh Rs in the year 2023.

PROS

• It manufactures Conventional Flexo Printing Plates, Digital Flexo Plates, metal Back Plates, Letterpress Plates, Coating plates etc.
• It also owns two subsidiaries named Wahren India Private Limited and Creative graphics Premedia Private Limited. Both its companies do well in their fields with their client base including Tata Consumers, ITC, Cavin Kere, MARS, KRBL, Dabur India, Hamdard laboratories etc.
• It has 7 manufacturing facilities in Vasai, Noida, Chennai, Hyderabad, Himachal Pradesh, Ahmedabad and Pune.
• The company also exports its products to various countries like Thailand, Africa, Kuwait, Qatar and Nepal.
• It has an employee base of 400 people.

Creative Graphics Solutions India Limited IPO Application Process with Zerodha

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

1. Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
2. Click the Creative Graphics Solutions India Limited IPO button and press the BID button.
3. Entering the details asked for like UPI ID, Quantity and price.
4. Submit the application form for the IPO.
5. Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.