Creative Graphics Solutions India Limited
Book Built Issue IPO · NSE
- Price band
- ₹80 - ₹85
- Lot size
- 1,600 shares
- Issue amount
- ₹54.4 cr
- Total subscription
- 201.94×
- Opens
- 28 Mar 2024
- Closes
- 4 Apr 2024
- Allotment
- 5 Apr 2024
- Listing
- 9 Apr 2024
Offer at a glance
Issue overview
- Issue size
- 64,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,28,000
- Fresh issue
- ₹54.4 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,36,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,78,86,000
- Shares after issue
- 2,42,86,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,36,000 |
| HNI | 2 | 3,200 | ₹2,72,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 10.34 | 1,021.13 |
| RETAIL | 18.09 | 2,615.99 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 56 | 115 | 62 |
| ROE | 28.38 | 46.14 | 46.11 |
| ROCE | 24.99 | 42.71 | 57.8 |
| RONW | 28.38 | 45.42 | 46.1 |
| PRE IPO(PE) | 0.5 | 0 | 0 |
| POST IPO(PE) | 17.59 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Creative Graphics Solutions India Limited, formerly Tanushii Industries Private Limited, has been a trailblazer in flexographic printing plate manufacturing since 2014. Offering a diverse range of products, including Digital Flexo Plates and Conventional Flexo Printing Plates, the company delivers precision and quality to meet various printing needs. Through its subsidiaries—Creative Graphics Premedia Private Limited and Wahren India Private Limited—it also provides premedia services and specialized packaging solutions for the pharmaceutical industry. With seven strategically located manufacturing facilities across India, Creative Graphics serves both domestic and international markets, including Africa, Thailand, Qatar, Kuwait, and Nepal. Backed by a skilled workforce of over 400 employees as of March 2024, the company remains dedicated to innovation, excellence, and customer satisfaction in the evolving printing and packaging sector.
Strengths
- Tech-Savvy Operations: The company uses advanced technology to improve production, maintain high quality, and develop innovative products, helping it stay competitive.
- Strong Manufacturing Network: With seven factories across India, the company ensures smooth distribution, lower costs, and easy access to regional markets.
- Wide Product Range: Offering products like Digital Flexo Plates and Conventional Flexo Printing Plates, the company reaches a broad market while reducing reliance on any single product.
Risk factors
- Risk from Subsidiary Loans: The company has guaranteed loans for its subsidiary, Wahren India Private Limited. If the subsidiary fails to repay, the company may have to cover the losses, which could strain its finances.
- Reliance on Promoter/Director Guarantees: The company depends on personal guarantees and mortgaged properties from its promoters/directors to secure loans. If these guarantees are revoked or triggered, the company might need to repay loans early or find new financial backing.
- Unsecured Loan Risks: The company has taken unsecured loans that lenders can demand repayment for at any time. If this happens suddenly, it could put pressure on cash flow and disrupt operations.
- Restricted Asset Use: Since the company’s fixed assets and book debts are pledged as loan security, they can't be freely used for other financial needs. If the company defaults, lenders could seize these assets, impacting operations.
Promoters
Mr. Deepanshu Goel
Mrs. Sarika Goel
Registrar & documents
Lead manager
Corporate Capitalventures Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
3F-305, Third Floor, SSG East Plaza, Plot No. 1&2, Mamram Complex, Mayur Vihar Phase-3, Near SFS Flats, Pocket C, Delhi - 110096
+91 74284 96617
[email protected]Company website ↗Understanding CGRAPHICS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.