Creative Graphics Solutions India was incorporated on January 24, 2014. It is a pre-press company engaged in the manufacturing of flexographic printing plates, including digital flexo plates, conventional flexo printing plates, letterpress plates, metal back plates, and coating plates. The company serves customers across India, as well as in international markets such as African countries, Thailand, Qatar, Kuwait, and Nepal.
| Bidding Dates |
|---|
| 28 Mar 2024 - 04 Apr 2024 |
| Subscription |
|---|
| 187.82x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,28,000 | 1 | 1 | 1600 | 6.4 M | ₹80 - ₹85 | 67.83 % | ₹512.0 M - ₹544.0 M | RHP DOC |
Creative Graphics IPO SUBSCRIPTION STATUS
04 Apr '24Creative Graphics IPO overall subscription rate was 187.82 times the total available shares
Creative Graphics IPO retail subscription rate was 192.16 times in the retail segment
Creative Graphics IPO non-institutional investor subscription rate was 628.72 times in the non-institutional investor category
Creative Graphics IPO Qualified Institutional Bidder subscription rate was 52.51 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
04 Apr 2024 (Day 5) | 192.16x | 628.72x | 52.51x |
03 Apr 2024 (Day 4) | 41.27x | 19.63x | 0.02x |
02 Apr 2024 (Day 3) | 20.56x | 8.13x | 0.01x |
01 Apr 2024 (Day 2) | 8.01x | 3.14x | 0x |
28 Mar 2024 (Day 1) | 2.24x | 0.62x | 0x |
Creative Graphics FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY24 | 72.4 | 480.7 | 19.5 | 13.5 | 24.8% |
| FY23 | 86.4 | 901.4 | 48.3 | -110.0 | 17.6% |
| FY22 | 46.5 | 683.1 | 35.7 | 2.4 | 14.6% |
| FY21 | 22.8 | 475.8 | 13.9 | -19.3 | 10.8% |
Creative Graphics IPO SUBSCRIPTION STATUS DETAILS
Creative Graphics had 6.4 M shares on offer
Creative Graphics IPO offer price was in the range ₹80 - ₹85
Creative Graphics IPO minimum Investment was ₹128000
Creative Graphics IPO issue size was ₹ 512.0 M - ₹ 544.0 M
Creative Graphics had a minimum lot size of 1600 Shares per application
Creative Graphics NUMBER OF SHARES ON OFFER
Creative Graphics IPO IMPORTANT DATES
| Issue Open Date | 28 Mar 2024 |
| Issue close Date | 04 Apr 2024 |
| Allotment Date | 05 Apr 2024 |
| Refund Date | 08 Apr 2024 |
| Demat Account Credit Date | 08 Apr 2024 |
| Listing Date | 09 Apr 2024 |
| Listing on Exchange(s) | NSE |
| Creative Graphics Allotment Status | Exchange |
Creative Graphics IPO subscription opened on 28 Mar 2024, and closed on 04 Apr 2024
IPO allotment for Creative Graphics was finalized on Friday, 05 Apr 2024
IPO listing for Creative Graphics was on NSE on Tuesday, 09 Apr 2024
Creative Graphics IPO LISTING GAINS
| Issue Price (adjusted) | 85.0 |
| Listing Open Price | 175.0 |
| Listing Close Price | 176.3 |
| Listing Gain% | 105.9% |
| Current Gain% | 76.5% |
Creative Graphics Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Creative Graphics Solutions India Ltd. | 150 | 364.3 | 19.4 | -2 | 1 | 14.9 | 6.7 | 348.9 | 36 | 18.8 | -9.7 | 7.7 | -9.7 |
| DOMS Industries Ltd. | 2260.6 | 13719.2 | 63.1 | 13.6 | 5.6 | 18.9 | 13.4 | 2344.9 | 21.2 | 230.2 | 13.8 | 35.8 | 4.6 |
| Flair Writing Industries Ltd | 252.4 | 2660.2 | 19 | 1.1 | 2.1 | 12.2 | 10.2 | 1270.9 | 15.1 | 139.8 | 16.9 | 13.3 | 16.9 |
| Kokuyo Camlin Ltd. | 85 | 852.7 | 38.7 | 0 | 1.1 | 7.7 | 5.3 | 806.5 | 5.7 | 24.8 | 325 | 2.2 | 6412.7 |
| Linc Ltd. | 99.9 | 594.1 | 18.9 | -1.3 | 1.1 | 12.7 | 9.1 | 551.3 | 0.6 | 32.7 | -13.9 | 5.3 | -14.1 |
| Alkosign Ltd. | 61.5 | 66.4 | -13.9 | -16.9 | -10.6 | 26.9 | -48.1 | -4.8 | -226.3 | -4.4 |
Creative Graphics INFORMATION ON IPO ISSUE
About Creative Graphics
Creative Graphics Solutions India was incorporated on January 24, 2014. It is a pre-press company engaged in the manufacturing of flexographic printing plates, including digital flexo plates, conventional flexo printing plates, letterpress plates, metal back plates, and coating plates. The company serves customers across India, as well as in international markets such as African countries, Thailand, Qatar, Kuwait, and Nepal.
Object of the Issue
- Meeting the working capital requirements of the company.
- Repayment or prepayment, either in part or in full, of certain borrowings.
- Funding capital expenditure initiatives of the company.
- Pursuing inorganic growth through unidentified acquisitions.
- Allocation for general corporate expenses.
Creative Graphics - PROMOTERS
| Name |
|---|
| Deepanshu Goel |
| Sarika Goel |
Creative Graphics Lead Manager to the Issue
Corporate Capital Ventures Private Limited
smeipo@ccvindia.com
Creative Graphics Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Creative Graphics Strengths
Long-term supply agreements
The company's long-term agreements with global suppliers such as Dupont, ESKO, and Kodak confer significant competitive advantages
Customer relationships
The company's existing client relationships facilitate repeat business and also enable cross-selling of other products and services to customers
ISO certifications
The company has been certified with various ISO certifications, including ISO 9001:2015 for the quality management system and ISO 14001:2015 for the environmental management system
Creative Graphics Risks
Unsecured loans
The company has availed unsecured loans that are repayable on demand. Any demand from the lenders for repayment of such unsecured loans may affect the cash flow and financial condition
Geographical concentration
The company generates a major portion of its sales from specific geographical regions in India. Consequently, any adverse developments affecting operations in these regions could have a detrimental impact on revenue
IPO FAQs
The promoters of the company are Deepanshu Goel and Sarika Goel.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 80.0 - 85.0.
The IPO application opens on Mar 28, 2024 and closes on Apr 04, 2024.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 128,000.0, the maximum value for this IPO is Rs 136,000.0.
This IPO will be allotted on Apr 05, 2024.
The refund will be credited to your account on Apr 08, 2024.
The allotted shares will be credited to your demat on Apr 08, 2024.
Creative Graphics Solutions India Ltd.’s shares listed on the stock exchanges on Apr 09, 2024.