Creative Graphics Solutions India Limited (NSE SME)

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Creative Graphics Solutions India Limited (NSE SME)

March 28, 2024 – April 4, 2024

Price ₹80 - ₹85
Premium ₹66
Lot size 1600
Allotment Apr 5, 2024
Listing Apr 9, 2024

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Last updated on 04-Apr-2024 17:00:05

CategoryOfferedAppliedTimes
QIB121600012013280098.79
NIB912000431555200473.2
RETAIL2128000307763200144.63
Total4256000859451200201.94
Retail Apps192352© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹54
@8%
₹61.71
@9%
₹69.42
@10%
₹77.14
@11%
₹84.85
@12%
₹92.57

About

Category Lot(s) Qty Amount Reserved
Retail 1 1600 136000 1330
HNI 2 3200 272000 570
Anchor Details
Name of AnchorNo. of Shares% PortionAmount (cr)
BOFA SECURITIES EUROPE SA- ODI3,52,00019.30%2.99
PERSISTENT GROWTH FUND- VARSU INDIA GROWTH STORY SCHEME 13,52,00019.30%2.99
QRG INVESTMENTS AND HOLDINGS LIMITED2,35,20012.89%2.00
ACINTYO INVESTMENT FUND PCC - CELL 12,35,20012.89%2.00
ASTRONE CAPITAL VCC - ARVEN2,33,60012.82%1.98
ABSOLUTE RETURNS SCHEME1,79,2009.82%1.52
FINAVENUE CAPITAL TRUST- FINAVENUE GROWTH FUND1,18,4006.49%1.01
VIKASA INDIA EIF I FUND - INCUBE GLOBAL OPPORTUNITIES1,18,4006.49%1.01
Total18,24,000100.00%15.50
IPO Reservation
Investor CategoryShares OfferedNo. of Shares
Retail33.252128000
NII (HNI)14.25912000
QIB 19.001216000
Anchor28.501824000
Market Maker5.00320000
Total 1006400000

Creative Graphics Solutions India Limited, formerly known as Tanushii Industries Private Limited, has been a pioneering force in the manufacturing of flexographic printing plates since its establishment in 2014. With a comprehensive product line including Digital Flexo Plates, Conventional Flexo Printing Plates, and more, the company caters to diverse printing needs with unmatched quality and precision. Bolstered by its subsidiaries, Creative Graphics Premedia Private Limited and Wahren India Private Limited, the company extends its offerings to encompass premia services and specialized packaging solutions for the pharmaceutical industry, respectively. With a robust network of seven manufacturing facilities strategically located across India, Creative Graphics Solutions India Limited continues to serve a broad clientele spanning the domestic market and international territories, including Africa, Thailand, Qatar, Kuwait, and Nepal. Boasting a dedicated workforce exceeding 400 employees as of March 2024, the company remains committed to innovation, excellence, and customer satisfaction in the dynamic landscape of printing and packaging solutions.

Creative Graphics Solutions India IPO Details
Issue Size6,400,000 shares
(aggregating up to ₹54.40 Cr)
Fresh Issue6,400,000 shares
(aggregating up to ₹54.40 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue17,886,000
Share holding post issue24,286,000
Market Maker portion320,000 shares
Ss Corporate Securities
Creative Graphics Solutions India IPO Anchor Investors Details

Creative Graphics Solutions India IPO raises Rs 15.50 crore from anchor investors. Creative Graphics Solutions India IPO Anchor bid date is March 27, 2024.

Bid DateMarch 27, 2024
Shares Offered1,824,000
Anchor Portion Size (In Cr.)15.50
Anchor lock-in period end date for 50% shares (30 Days)May 5, 2024
Anchor lock-in period end date for remaining shares (90 Days)July 4, 2024
Key Performance Indicator
KPISep-23Mar-23Mar-22
ROE28.38%46.14%46.11%
ROCE24.99%42.71%57.80%
RONW28.38%45.42%46.10%
D/E1.761.220.94
EPS (pre ipo)
(basic & diluted)
5611562
P/BV0.5
P/E
(Pre IPO)
17.59
Company Financials
Creative Graphics Solutions India Limited Financial Information (Restated Consolidated)

Creative Graphics Solutions India Limited's revenue increased by 33.63% and profit after tax (PAT) rose by 85.82% between the financial year ending with March 31, 2023 and March 31, 2022.

Period30 Sep 2023Mar 2023Mar 2022Mar 2021
Assets10,031.296,600.074,497.403,471.15
Revenue4,845.699,178.346,868.334,804.34
Profit724.07864.15465.05227.97
Net Worth2,550.901,872.751,008.60543.55
Reserves2,400.911,797.75933.60468.55
Borrowing4,499.902,290.52950.57894.64
Amount in ₹ Lakhs
Strength Factors

Advanced Technology Integration: The company's proficiency in utilizing advanced technology equips it to stay ahead in the industry. This allows for efficient production processes, superior quality control, and innovative product development, ensuring they remain competitive.

Extensive Manufacturing Presence: With seven strategically located manufacturing units across India, the company benefits from a widespread operational footprint. This not only facilitates efficient distribution and reduced logistics costs but also enhances their ability to cater to diverse regional markets effectively.

Diverse Product Portfolio: Creative Graphics Solutions India Limited boasts a diverse product portfolio, including Digital Flexo Plates, Conventional Flexo Printing Plates, and more. This diversity not only widens their market reach but also mitigates risks associated with dependence on a single product line.

Risk Factors

Exposure to Subsidiary Default: The corporate guarantees provided by the company for the loans of its subsidiary, Wahren India Private Limited, expose it to the risk of financial loss in the event of default by the subsidiary. Such defaults could potentially strain the company's financial resources and affect its liquidity position.

Dependency on Promoter/Directors' Guarantees: Reliance on the mortgaged properties and personal guarantees of the promoter/directors to secure loan facilities poses a risk, as any revocation or invocation of these guarantees could lead to the need for alternative arrangements or repayment of outstanding amounts. This could potentially impact the company's financial stability and operational continuity.

Vulnerability to Unsecured Loan Demands: The availing of unsecured loans, repayable on demand, exposes the company to the risk of sudden repayment requests from lenders. Such demands could strain the company's cash flow and financial condition, potentially leading to liquidity challenges or disruptions in business operations.

Asset Encumbrance: The charging of fixed assets and book debts by lenders as security for finance availed by the company restricts its ability to utilize these assets for other purposes. In the event of default or failure to meet obligations, lenders may enforce their security interests, potentially resulting in asset seizure or loss of control over essential resources, affecting the company's operations and financial health.

Strength

Weakness

Address

Creative Graphics Solutions India Limited
3F-305, Third Floor, SSG East Plaza,
Plot No. 1&2, Mamram Complex, Mayur Vihar Phase-3,
Near SFS Flats, Pocket C, Delhi - 110096
Phone: +91 74284 96617
Email: cs@creativegraphics.net.in
Website: https://creativegraphics.net.in/home/

Registrar

Bigshare Services Pvt Ltd
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059