The Crazy Snacks IPO is a Book Built SME public issue through which Crazy Snacks Limited plans to raise capital for its future business requirements while also providing an exit opportunity to certain existing shareholders through an Offer for Sale. The company operates in India’s organised packaged food industry and manufactures a diversified portfolio of bakery and snack products supplied through an established distribution network.
Crazy Snacks Limited manufactures and markets various food products, including bread, buns, cakes, cookies, rusks, namkeen, and other packaged snack items. The company serves retailers, distributors, wholesalers, institutional customers, and other business partners across multiple regions. Over the years, it has focused on expanding its manufacturing capacity, strengthening product availability, and improving operational efficiency to support long-term business growth.
India’s packaged food sector continues to expand due to increasing urbanisation, changing food consumption patterns, rising disposable incomes, and growing demand for convenient ready-to-eat and packaged food products. Organised manufacturers are also benefiting from improvements in retail infrastructure, wider distribution channels, and increasing consumer preference for branded food products.
The company intends to utilise the proceeds from the fresh issue to support business expansion, strengthen its manufacturing capabilities, meet capital expenditure requirements, reduce certain borrowings, and address general corporate purposes. These initiatives are expected to improve operational efficiency and support the company’s future growth strategy.
Before investing in the Crazy Snacks IPO, investors should carefully analyse the company’s financial performance, valuation, manufacturing capabilities, competitive position, industry outlook, and long-term business strategy. A detailed assessment of both opportunities and risks can help investors make informed investment decisions rather than relying only on short-term market sentiment.
This article provides complete information about the Crazy Snacks IPO, including IPO details, issue dates, reservation, lot size, financial information, key performance indicators, objectives of the issue, GMP, subscription status, strengths, risks, registrar details, allotment process, listing performance, and frequently asked questions.
| IPO Details | Information |
|---|---|
| IPO Name | Crazy Snacks IPO |
| Company Name | Crazy Snacks Limited |
| IPO Status | Closed |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹39 to ₹42 Per Equity Share |
| Issue Size | ₹31.47 Crore |
| Fresh Issue | ₹25.20 Crore |
| Offer for Sale | ₹6.28 Crore |
| Fresh Issue Shares | 59,99,000 Equity Shares |
| Offer for Sale Shares | 14,95,000 Equity Shares |
| Total Shares Offered | 74,94,000 Equity Shares |
| IPO Open Date | 25 June 2026 |
| IPO Close Date | 30 June 2026 |
| Basis of Allotment | 1 July 2026 |
| Refund Initiation | 2 July 2026 |
| Shares Credited to Demat | 2 July 2026 |
| Listing Date | 3 July 2026 |
| Listing Exchange | BSE SME |
| Lot Size | 3,000 Shares |
| Minimum Investment | ₹2,52,000 |
| Registrar | KFin Technologies Limited |
| Book Running Lead Manager | Inventure Merchant Banker Services Private Limited |
| Market Maker | Rikhav Securities Limited |
The Crazy Snacks IPO comprises both a fresh issue of equity shares and an Offer for Sale by existing shareholders. While the proceeds from the fresh issue will be utilised by the company for its proposed business objectives, the Offer for Sale proceeds will be received by the selling shareholders. The equity shares are proposed to be listed on the BSE SME platform after completion of the IPO process.
Crazy Snacks IPO Dates
Investors should be aware of the important IPO timeline to ensure timely submission of applications and to track allotment and listing activities.
| IPO Event | Date |
|---|---|
| IPO Opening Date | 25 June 2026 |
| IPO Closing Date | 30 June 2026 |
| Basis of Allotment | 1 July 2026 |
| Refund Initiation | 2 July 2026 |
| Shares Credited to Demat Account | 2 July 2026 |
| Listing Date | 3 July 2026 |
Applicants whose shares were allotted received the equity shares in their demat accounts before the company was listed on the BSE SME platform. Investors can also monitor future corporate announcements through the company’s official filings.
Crazy Snacks IPO Reservation
The reservation of shares under the Crazy Snacks IPO has been structured in accordance with the applicable SEBI regulations governing SME public issues.
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 50% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
The final allotment within each investor category depended upon the total number of valid applications received during the subscription period.
Crazy Snacks IPO Lot Size
The minimum application quantity for the Crazy Snacks IPO was determined under the SME IPO framework. Investors were required to apply in multiples of the prescribed lot size.
| Application | Shares | Amount |
|---|---|---|
| Retail Minimum | 2 Lots (6,000 Shares) | ₹2,52,000 |
| Retail Maximum | 2 Lots (6,000 Shares) | ₹2,52,000 |
| HNI Minimum | 3 Lots (9,000 Shares) | ₹3,78,000 |
The lot size and investment amount were calculated using the upper end of the IPO price band. Applicants were required to maintain sufficient funds in their bank accounts until the allotment process was completed.
About Crazy Snacks IPO
Crazy Snacks Limited is a food processing and packaged snacks company engaged in the manufacturing, marketing, and distribution of bakery products and ready-to-eat snack items. The company offers a diversified product portfolio that caters to both retail and institutional customers across multiple states in India.
Its product range includes bread, buns, pav, cakes, cookies, rusks, khari, toast, namkeen, and various packaged snack products. By offering products across different price segments and consumption categories, the company aims to serve a broad customer base while maintaining product quality and consistency.
The company operates manufacturing facilities equipped with modern production lines and quality control systems to support efficient production processes. It follows food safety and quality standards throughout manufacturing, packaging, and distribution to ensure that its products meet customer expectations and regulatory requirements.
Crazy Snacks has developed a distribution network comprising distributors, wholesalers, retailers, supermarkets, and institutional customers. This network enables the company to expand its market reach while improving product availability across different regions.
The Indian packaged food industry continues to experience steady growth due to rising urbanisation, increasing disposable income, changing eating habits, and growing demand for convenient food products. Consumers are increasingly shifting towards branded packaged foods because of improved quality, hygiene, convenience, and product availability.
The company plans to strengthen its market position by increasing manufacturing capacity, expanding its geographical presence, introducing new products, improving operational efficiency, and investing in brand development. These initiatives are expected to support long-term business growth while enhancing customer reach.
Before investing in the Crazy Snacks IPO, investors should carefully analyse the company’s business model, manufacturing capabilities, product portfolio, distribution network, financial performance, industry outlook, and future expansion strategy.
Crazy Snacks IPO Financial Information
Reviewing a company’s financial performance helps investors understand its revenue growth, profitability, financial stability, and operational efficiency. Important financial parameters such as revenue, profit after tax, net worth, borrowings, and cash flow provide useful insights into the company’s overall business performance.
Crazy Snacks Limited generates revenue primarily through the manufacturing and sale of bakery products and packaged snacks. Its financial performance depends on production capacity, product demand, raw material costs, pricing strategy, operational efficiency, and expansion of its distribution network.
Crazy Snacks Financial Summary
| Particulars | FY2024 | FY2025 |
|---|---|---|
| Revenue from Operations | ₹185.34 Crore | ₹228.69 Crore |
| Total Income | ₹186.07 Crore | ₹229.43 Crore |
| EBITDA | ₹21.42 Crore | ₹28.56 Crore |
| Profit Before Tax | ₹11.36 Crore | ₹16.89 Crore |
| Profit After Tax | ₹8.39 Crore | ₹12.48 Crore |
| Net Worth | ₹36.82 Crore | ₹49.21 Crore |
| Total Borrowings | ₹41.87 Crore | ₹38.65 Crore |
The company has reported growth in revenue and profitability during the reported financial period while also improving its net worth. Investors should evaluate these financial trends together with future expansion plans, operating margins, working capital requirements, and debt management before making an investment decision.
Crazy Snacks IPO Key Performance Indicators (KPIs)
Key Performance Indicators (KPIs) provide valuable information about the company’s profitability, valuation, capital efficiency, and financial health. These ratios should be analysed collectively and compared with industry peers to better understand the company’s operating performance.
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 28.47% |
| Return on Capital Employed (ROCE) | 24.91% |
| Return on Net Worth (RONW) | 25.36% |
| EBITDA Margin | 12.49% |
| PAT Margin | 5.46% |
| Debt-to-Equity Ratio | 0.79 |
| Earnings Per Share (EPS) | ₹4.61 |
| Net Asset Value (NAV) Per Share | ₹18.17 |
| Price to Earnings (P/E) | 9.11x |
The above financial ratios indicate the company’s profitability, capital utilisation, operational efficiency, and valuation at the upper price band. Investors should compare these ratios with similar listed food manufacturing companies before evaluating the IPO.
Objects of the Crazy Snacks IPO
Crazy Snacks Limited proposes to utilise the net proceeds from the fresh issue for the following purposes:
- Funding capital expenditure for expansion of manufacturing facilities.
- Purchase of additional plant and machinery.
- Repayment or prepayment of certain outstanding borrowings.
- Meeting incremental working capital requirements.
- General corporate purposes.
The proposed utilisation of funds is intended to strengthen manufacturing capacity, improve operational efficiency, support business expansion, and enhance the company’s long-term growth prospects. Investors should evaluate these objectives together with the company’s financial performance and future business strategy before making an investment decision.
Crazy Snacks IPO GMP
The Grey Market Premium (GMP) is an unofficial indicator that reflects the demand for an IPO before its shares are listed on the stock exchange. Since grey market transactions are not regulated by SEBI or recognised stock exchanges, GMP should only be considered as a market sentiment indicator and not as a guarantee of listing performance.
The Crazy Snacks IPO GMP may fluctuate daily depending on investor demand, subscription levels, market conditions, and overall sentiment towards SME IPOs. Investors should focus on the company’s fundamentals, financial performance, valuation, and long-term growth prospects rather than relying solely on GMP while making an investment decision.
Crazy Snacks IPO GMP Today
| Particular | Value |
|---|---|
| IPO Price Band | ₹39 to ₹42 Per Share |
| GMP | Check Latest GMP |
| Estimated Listing Price | Based on Latest GMP |
| Estimated Listing Gain | Depends on Latest GMP |
Note: The Grey Market Premium changes frequently until the listing date. Therefore, investors should always verify the latest GMP before making any investment decision.
Crazy Snacks IPO Subscription Status
The subscription status indicates the demand received for an IPO from different categories of investors during the bidding period. A higher subscription generally reflects stronger investor participation, although it should not be considered the only factor while evaluating an IPO.
The Crazy Snacks IPO received subscriptions from Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). The final subscription figures are shown below.
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) | 1.48x |
| Non-Institutional Investors (NII) | 3.87x |
| Retail Individual Investors (RII) | 5.94x |
| Total Subscription | 3.91x |
The IPO witnessed healthy participation across all investor categories, with the retail segment recording the highest subscription among the three categories.
Crazy Snacks IPO Review
Crazy Snacks Limited operates in India’s organised food processing industry, manufacturing a diversified portfolio of bakery products and packaged snack foods. The company has established a distribution network that supplies its products to retailers, wholesalers, distributors, supermarkets, and institutional customers across multiple regions.
The Indian packaged food market continues to grow because of increasing urbanisation, rising disposable income, changing consumer lifestyles, and growing demand for convenient ready-to-eat food products. These long-term industry trends provide growth opportunities for organised manufacturers with strong production capabilities and efficient distribution networks.
The company has reported consistent growth in revenue and profitability during the recent financial years while also strengthening its net worth. The proposed utilisation of IPO proceeds towards manufacturing expansion, repayment of borrowings, working capital requirements, and business development may further support its future growth.
At the same time, investors should consider factors such as fluctuations in raw material prices, intense competition in the packaged food industry, changing consumer preferences, regulatory compliance, and dependence on distribution efficiency before making an investment decision.
Overall, the Crazy Snacks IPO may be considered by investors seeking exposure to India’s growing packaged food industry. However, investment decisions should be based on the company’s financial performance, valuation, competitive strengths, and long-term business prospects rather than short-term listing expectations.
Crazy Snacks IPO Strengths
- Diversified portfolio of bakery products and packaged snack foods.
- Established manufacturing facilities with modern production capabilities.
- Well-developed distribution network covering multiple states.
- Consistent growth in revenue and profitability over recent financial years.
- Experienced management team with industry knowledge.
- Growing demand for organised packaged food products in India.
- Focus on manufacturing expansion and operational efficiency.
Crazy Snacks IPO Risk Factors
- Business performance depends on the availability and pricing of key raw materials.
- Intense competition from established regional and national food brands.
- Changes in consumer preferences may impact demand for existing products.
- Rising input and transportation costs may affect operating margins.
- The company is subject to various food safety, quality, and regulatory compliance requirements.
- Failure to effectively expand manufacturing capacity or distribution operations may impact future growth.
- Business performance may be affected by changing economic conditions and fluctuations in consumer spending.
Crazy Snacks IPO Promoters
Crazy Snacks Limited is promoted by experienced entrepreneurs who have been associated with the food processing and bakery industry for several years. The promoters have played an important role in establishing the company’s manufacturing operations, expanding its product portfolio, strengthening the distribution network, and driving overall business growth.
Their focus has been on increasing production capacity, maintaining product quality, improving operational efficiency, and expanding the company’s presence across different markets. The management also continues to invest in product innovation and business development to support sustainable long-term growth.
Crazy Snacks IPO Promoters Details
Crazy Snacks Limited is promoted by experienced entrepreneurs who have been associated with the food processing and bakery industry for several years. The promoters have played an important role in establishing the company’s manufacturing operations, expanding its product portfolio, strengthening the distribution network, and driving overall business growth.
Their focus has been on increasing production capacity, maintaining product quality, improving operational efficiency, and expanding the company’s presence across different markets. The management also continues to invest in product innovation and business development to support sustainable long-term growth.
| Promoter | Category |
|---|---|
| Navin Kumar Agarwal | Promoter |
| Upma Agrawal | Promoter |
Crazy Snacks IPO Registrar Details
| Particular | Details |
|---|---|
| Registrar Name | KFin Technologies Limited |
| Website | https://www.kfintech.com |
| IPO Allotment Status | https://ris.kfintech.com/ipostatus |
| Email ID | [email protected] |
| Contact Number | +91 40 6716 2222 |
Crazy Snacks IPO Lead Manager Details
| Particular | Details |
|---|---|
| Lead Manager | Inventure Merchant Banker Services Private Limited |
| Website | https://www.inventuremerchantbanker.com |
| Email ID | [email protected] |
| Contact Number | +91 22 7114 8585 |
How to Check Crazy Snacks IPO Allotment Status
Investors can check the Crazy Snacks IPO allotment status through any of the following methods:
Through KFin Technologies
- Visit the KFin Technologies IPO allotment portal.
- Select “Crazy Snacks IPO”.
- Choose PAN Number, Application Number, or DP/Client ID.
- Enter the required details.
- Click Submit to view the allotment status.
Through BSE
- Visit the BSE IPO allotment page.
- Select the IPO name.
- Enter your Application Number or PAN.
- Complete the verification.
- Click Search to view the allotment status.
Crazy Snacks IPO Listing Performance
| Particular | Details |
|---|---|
| Listing Exchange | BSE SME |
| Listing Date | 3 July 2026 |
| Issue Price | ₹42 Per Share |
| Listing Price | Check BSE Listing |
| Listing Gain | Based on Listing Price |
The listing performance depends on market sentiment, subscription demand, company valuation, and prevailing market conditions. Investors should evaluate the company’s long-term fundamentals instead of focusing only on listing-day performance.
Should You Invest in the Crazy Snacks IPO?
Crazy Snacks Limited operates in India’s growing packaged food industry and has demonstrated growth in revenue and profitability in recent years. The company intends to utilise the fresh issue proceeds for business expansion, capital expenditure, repayment of borrowings, and working capital requirements.
Investors should analyse the company’s financial performance, valuation, competitive position, manufacturing capabilities, and future growth plans before making an investment decision. Long-term investment decisions should be based on business fundamentals rather than grey market activity or expected listing gains.
Conclusion
Crazy Snacks Limited has established itself as a manufacturer of bakery and packaged snack products serving a diversified customer base through an expanding distribution network. The company has reported steady financial growth and plans to utilise the IPO proceeds to strengthen manufacturing capacity, improve operational efficiency, reduce borrowings, and support future expansion.
The packaged food sector in India continues to offer long-term growth opportunities; however, investors should also consider industry competition, raw material price volatility, and execution risks before investing.
A balanced evaluation of the company’s financial performance, valuation, business strategy, and long-term growth prospects can help investors make informed investment decisions rather than relying solely on short-term market sentiment or listing expectations.
Frequently Asked Questions (FAQs)
What is the Crazy Snacks IPO?
Crazy Snacks IPO is a Book Built SME IPO of Crazy Snacks Limited comprising a fresh issue of 59,99,000 equity shares and an Offer for Sale of 14,95,000 equity shares.
What is the Crazy Snacks IPO price band?
The price band for the Crazy Snacks IPO was fixed at ₹39 to ₹42 per equity share.
What is the Crazy Snacks IPO issue size?
The total issue size of the Crazy Snacks IPO was ₹31.47 crore.
When did the Crazy Snacks IPO open and close?
The IPO opened for subscription on 25 June 2026 and closed on 30 June 2026.
What is the Crazy Snacks IPO lot size?
The lot size was 3,000 equity shares. Retail investors were required to apply for a minimum of 2 lots (6,000 shares).
Who is the registrar of the Crazy Snacks IPO?
KFin Technologies Limited is the registrar for the Crazy Snacks IPO.
Who is the lead manager of the Crazy Snacks IPO?
Inventure Merchant Banker Services Private Limited acted as the Book Running Lead Manager for the issue.
Where will the Crazy Snacks IPO be listed?
The equity shares of Crazy Snacks Limited are listed on the BSE SME platform.
How can I check the Crazy Snacks IPO allotment status?
Investors can check the allotment status through the KFin Technologies IPO allotment portal or the BSE IPO allotment page using their PAN, Application Number, or DP/Client ID.
