Crazy Snacks Ltd IPO

About Crazy Snacks Ltd

Our Company was originally incorporated as Crazy Snacks Private Limited on December 13, 1995, as a private limited company under the provisions of the Companies Act, 1956, pursuant to Certificate of Incorporation issued by Registrar of Companies, Kanpur. Our Company was converted into a public limited company pursuant to shareholders resolution passed at the extra-ordinary general meeting of our Company held on April 19, 2024, and the name of our Company was changed to Crazy Snacks Limited, and a Fresh Certificate of Incorporation dated July 10, 2024, was issued by the Registrar of Companies, CPC. The Corporate Identification Number of our Company is U51224UP1995PLC019164.

India is among the fastest-growing major economies, with GDP growth projected at 8% in FY 2025-26, and a strong agricultural base supporting its food processing industry. The Indian packaged food market is expected to reach US$ 535 billion by FY 2025-26, growing at a CAGR of over 15%, driven by rising incomes, urbanisation, and demand for convenience foods. Within this, the snacks, wafers, and bakery segments are Witnessing robust growth estimated at Rs. 80,000+ crore and Rs.60,000+ crore respectively, with CAGRs of 12-14% and 9-10%. The sector benefits from a favourable policy ecosystem, 100% FDI assowance, and increasing global demand for Indian ready-to-eat and ready-to-cook foods.

The Company, Crazy Snacks Limited offers a wide range of bakery products to meet the everyday needs of Indian consumers. Our portfolio includes bread, buns, cakes, and rusks, with 150 products priced between Rs. 2.00 and Rs. 170.00. We focus on providing affordable, high-quality options that cater to different tastes, making our products a reliable choice for households. Our rusks, produced under both Crazy Snacks and Crazy Bakery Udyog, are a key part of our range, offering a convenient snack for customers. In our subsidiary, Crazy Bakery Udyog Private Limited, we specialise in a variety of snacks, including namkeen, chips, popcorn, and potato sticks, with 147 products priced between Rs. 2.00 and Rs. 150.00. We aim to offer snacks that blend traditional and new flavours to suit different preferences. With a strong presence in North India, we ensure our products are widely available to meet the snacking needs of customers. We primarily operate in Uttar Pradesh and Bihar, which together account for nearly 99.01% of our consolidated revenue from operations in FY2025, highlighting their importance to our business. Our two manufacturing facilities are strategically located to serve customers effectively across these regions. Our extensive distribution network consisting of more than 2045 distributors helps us in covering urban and rural areas of North India extensively.

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