Creative Graphics Solutions India Ltd IPO
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Creative Graphics Solutions India Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 64 L | TBA | ₹ 21.28 L | ₹ 164.72 L | NSE | ₹ 54.4 Cr |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
28 Mar, 24 | 04 Apr, 24 | 1600 | ₹ 1,28,000 | Book Building - SME | 09 Apr, 24 |
Creative Graphics Solutions India Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Engineering |
Sub Sector | NA |
Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 3040000 | 0 |
NII | 473.2x | 912000 | 431555200 |
Retail | 144.63x | 2128000 | 307768000 |
Employee | 0x | 0 | 0 |
Total | 134.29x | 6400000 | 859456000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Creative Graphics Solutions India Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 131.59 | 90.14 | 68.31 |
EBITDA | 20.49 | 18.04 | 12.29 |
PAT | 10.53 | 8.64 | 4.65 |
Total Assets | 56.35 | 36.38 | 31.23 |
Share Capital | 17.89 | 0.75 | 0.75 |
Total Borrowings | 36.42 | 19.10 | 7.51 |
Operating Activities (Net Cash) | 13.64 | 11.67 | 7.67 |
Investing Activities (Net Cash) | 1.16 | 1.03 | 0.11 |
Financing Activities (Net Cash) | 36.42 | 19.10 | 7.51 |
Net Cashflow | 3.27 | 1.22 | 1.14 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Creative Graphics Solutions India Ltd
Creative Graphics Solutions India Limited was originally incorporated on January 24, 2014 as a Private Limited Company as Tanushii Industries Private Limited vide Registration No. 263964 under the provisions of the Companies Act, 1956 with the Registrar of Companies, NCT of Delhi. Subsequently, pursuant to a special resolution passed by the Shareholders at their Extra Ordinary General Meeting held on May 21, 2019, the name of the company was changed from Tanushii Industries Private Limited to Creative Graphics Solutions India Private Limited and a Fresh Certificate of Incorporation was issued on June 15, 2019. Subsequently, pursuant to a special resolution passed by the Shareholders at their Extra Ordinary General Meeting held on August 04, 2023, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the Company was changed to Creative Graphics Solutions India Limited and a Fresh Certificate of Incorporation consequent to Conversion was issued on August 24, 2023 by the Registrar of Companies, Delhi. The Corporate Identification Number of the Company is U22219DL2014PLC263964.
Global Flexographic Printing Plates Market size was valued at USD 696.57 million in 2021 and is poised to grow 751.39 million in 2022 to 1259.85 million by 2030, growing at a CAGR of 7.8% in the forecast period (2023-2030). Due to a growing emphasis on refining the performance of flexographic printing throughout time, the market has experienced considerable technological advancements. High demand for printing presses across a number of industries has caused the market to change. In recent years, photopolymer printing plates have replaced rubber printing plates as the material of choice. The adoption of flat-top dots technology by the printing sector has led to a steady increase in the market potential tor flexographic printing plates. The growing consumer demand for eco-friendly packaging is one of the key reasons that will support the growth of the market. Businesses now have new revenue opportunities thanks to the advent of digital flexo plates. Flexographic Printing to Gain Popularity across Numerous End Use Industries due to its Safe and Sustainable Properties: Flexographic printing uses non-toxic inks and dries quickly. It is now feasible for printing on food packaging due to these considerations. It can be applied to disposable cups and containers as well as packaging like milk cartons, food and beverage containers, and food and beverage containers. Flexography can be used to print medicine packaging and other medical supplies since the correct ink makes it food-safe. It can be applied to cardboard packaging, plastic, foil wrappers, and sanitary bags. It is the ideal technique for printing on the brown corrugated boxes used in shipping and storage businesses since it can print on a wide range of substrates and surfaces. Flexographic printing is useful when printing on rolls of material used for plastic and paper bags since it may be done on flexible, non-rigid materials. It is the ideal option for commercial converters who produce printed plastic and paper bags.
Creative Graphics Solutions India Limited is manufacturer of all types of- Printing blocks(Photopolymer plates) for flexographic, letterpress & dry offset machines. Creative Graphics is a premier pre-press company, engaged in the manufacturing of flexographic printing plates including Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates. the company is serving the customers across India as well as outside India namely African Countries, Thailand, Qatar, Kuwait and Nepal. The company had setup 7 manufacturing units in different states i.e., Noida, Uttar Pradesh since inception of the company, Vasai, Mumbai (2014), Chennai (2017), Baddi Himachal Pradesh (2018), Hyderabad (2018), Ahmedabad (2021) and Pune 2022.
Peer Comparison:
- No Listed Industry Peers
Creative Graphics Solutions India Ltd IPO Key Points
Strengths
- Well versed and equipped with advance technology.
- Strategically located manufacturing facility.
- Diverse product portfolio with focus on quality.
- Experienced Promoter and management team with strong industry expertise.
- Quality Assurance & Control.
Risk
- The object of making unidentified acquisitions may lead to significant investments in the businesses that may not be sustainable in the long run, which may result in financial losses and negatively impact the company's overall portfolio.
- The company has not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment / machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment / machineries in a timely manner, or at all, the same may result in time and cost over-runs.
- The company requires certain approvals, licenses, registrations and permits to operate its business, and failure to obtain or renew them in a timely manner or maintain the statutory and regulatory permits and approvals required to operate its business may adversely affect the company operations and financial conditions.
Strategy
- Strategic Business Acquisition.
- Leveraging its Infrastructure.
- Well versed and equipped with advance technology.
- Strategically located manufacturing facility.
- Diverse product portfolio with focus on quality.
- Experienced Promoter and management team with strong industry expertise.
- Quality Assurance & Control.
How To Apply for Creative Graphics Solutions India Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.