Published: 22 June 2026 | 8.00 AM
Last Updated: 22 June 2026 | 2.30 PM
Crazy Snacks IPO Review, GMP, Price Band, Subscription & Allotment Status
IPO Overview / Intro
Crazy Snacks IPO is an SME book building issue aggregating up to Rs. 31.47 Crore. The IPO comprises a fresh issue of 60,00,000 equity shares and an Offer for Sale of 14,95,000 equity shares.
The IPO opens for subscription on 25 June 2026 and closes on 30 June 2026. The shares are proposed to be listed on BSE SME with a tentative listing date of 3 July 2026.
Crazy Snacks Limited is engaged in the manufacturing and marketing of bakery products and packaged snack foods. The company offers a diversified portfolio comprising namkeens, chips, popcorn, potato sticks, cakes, breads, buns, cookies and rusks under multiple brands catering to different consumer segments.
The company markets its products under the Crazy, Bity and Baked Gold brands and primarily operates across North India. Its distribution network spans hundreds of distributors and retail outlets supported by in-house logistics and distribution capabilities.
The company derives the majority of its revenue from Uttar Pradesh and Bihar and operates manufacturing facilities supported by a broad product portfolio of more than 140 SKUs across multiple price points.
Key Highlights
| Particulars | Details |
|---|---|
| IPO Type | SME Book Building IPO |
| Issue Size | Rs. 31.47 Crore |
| Fresh Issue | 60,00,000 Shares |
| Offer For Sale | 14,95,000 Shares |
| Price Band | Rs. 39 to Rs. 42 Per Share |
| Face Value | Rs. 10 Per Share |
| Listing Exchange | BSE SME |
| Lot Size | 3,000 Shares |
| Retail Application | Rs. 2,52,000 |
| Market Cap | To Be Announced |
| Listing Date | 3 July 2026 |
👉 | IPO GMP – which IPO commands fancy?
| IPO Reviews | IPO Subscription | IPO Allotment |
Crazy Snacks IPO GMP – Latest Update
| GMP Details | Value |
| Crazy Snacks IPO GMP Today | Updating Soon |
| Kostak Rate | Updating Soon |
| Subject to Sauda | Updating Soon |
Crazy Snacks IPO Subscription Status – Live Update
| Category | Subscription |
| QIB Category | Updating Soon |
| NII Category | Updating Soon |
| Retail Category | Updating Soon |
| Total Subscription | Updating Soon |
IPO Details at a Glance
| Particulars | Details |
| IPO Date | 25 June 2026 to 30 June 2026 |
| Listing Date | 3 July 2026 |
| Face Value | Rs. 10 Per Share |
| Price Band | Rs. 39 to Rs. 42 Per Share |
| Lot Size | 3,000 Shares |
| Issue Type | Book Building SME IPO |
| Listing At | BSE SME |
| Total Issue Size | 74,94,000 Shares |
| Issue Size | Rs. 31.47 Crore |
| Fresh Issue | 60,00,000 Shares |
| Offer For Sale | 14,95,000 Shares |
| Reserved For Market Maker | 3,78,000 Shares |
| Net Offered To Public | 71,16,000 Shares |
| Shareholding Pre Issue | 1,79,38,830 Shares |
| Shareholding Post Issue | 2,39,37,830 Shares |
| Market Cap | To Be Announced |
IPO Timetable
| Event | Date |
| IPO Open Date | 25 June 2026 |
| IPO Close Date | 30 June 2026 |
| Basis of Allotment | 1 July 2026 |
| Refund Initiation | 2 July 2026 |
| Credit of Shares | 2 July 2026 |
| Listing Date | 3 July 2026 |
Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not More Than 50% Of Net Offer |
| NII Shares Offered | Not More Than 15% Of Net Offer |
| Retail Shares Offered | Not Less Than 35% Of Net Offer |
Lot Size
| Application Type | Lots | Shares | Amount |
| Retail Minimum | 2 | 6,000 | Rs. 2,52,000 |
| Retail Maximum | 2 | 6,000 | Rs. 2,52,000 |
| S-HNI Minimum | 3 | 9,000 | Rs. 3,78,000 |
| S-HNI Maximum | 7 | 21,000 | Rs. 8,82,000 |
| B-HNI Minimum | 8 | 24,000 | Rs. 10,08,000 |
Company Details
Crazy Snacks Limited was incorporated in 1995 and is engaged in the manufacturing and sale of bakery products and packaged snack foods.
The company operates through three brands namely Crazy, Bity and Baked Gold. Its product portfolio includes rusks, cookies, breads, buns, cakes, chips, namkeen, popcorn and potato sticks targeted across multiple consumer segments.
The company primarily serves markets in Uttar Pradesh and Bihar and operates through two manufacturing facilities supported by a distribution network of 999 distributors and 35 delivery vehicles.
As of 30 November 2024, the company had 225 employees and offered more than 140 products across multiple price categories ranging from affordable daily-use products to premium offerings.
Competitive Strengths
| Key Strengths |
| Diverse Product Portfolio |
| Established Brands |
| Quality Control Processes |
| Multi-Price Point Strategy |
| In-House Packaging |
| Strong Distribution Network |
| Manufacturing Capabilities |
| Experienced Management Team |
IPO Objects
| Sr. No. | Objects of the Issue | Estimated Amount |
| 1 | Capital Expenditure Towards Machinery, Equipment And Infrastructure Enhancement | Rs. 9.92 Crore |
| 2 | Repayment / Prepayment Of Borrowings | Rs. 5.71 Crore |
| 3 | General Corporate Purposes | Balance Amount |
| Total | Total Utilisation | Rs. 15.63 Crore |
Company Address
| Particulars | Details |
| Registered Office | Shri Pramodaay Bhawan, 10 Park Road Officers Residence Lane, Near Sahara Press, Gorakhpur, Uttar Pradesh – 273001 |
| Phone | +91 98380 76426 |
| secretarial@crazy.org.in |
Lead Manager & Registrar
| Particulars | Details |
| Lead Manager | Inventure Merchant Banker Services Pvt. Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Registrar Phone | +91-40-67162222 |
| Registrar Email | csl.ipo@kfintech.com |
Financials
| Particulars (Rs. Crore) | FY2025* | FY2024 | FY2023 | FY2022 |
| Total Assets | 91.08 | 85.90 | 88.61 | 55.24 |
| Total Income | 26.03 | 129.08 | 89.17 | 77.97 |
| Profit After Tax | 1.28 | 5.32 | 3.54 | 2.11 |
| Net Worth | 32.40 | 31.12 | 26.30 | 19.49 |
| Reserves & Surplus | 14.46 | 29.41 | 24.59 | 17.78 |
| Total Borrowings | 49.21 | 45.22 | 48.01 | 26.18 |
*Period Ended 30 June 2024
Valuation
Key Performance Indicators (KPI)
| KPI | FY2024 |
| ROE | 17.08% |
| ROCE | 14.16% |
| Debt / Equity | 1.45 |
| RoNW | 17.08% |
| PAT Margin | 4.17% |
Shareholding Pattern
| Particulars | Pre Issue | Post Issue |
| Promoter Holding | 76.14% | 50.85% |
Chanakya View
Investment Summary
| Parameter | Observation |
| Industry | Packaged Foods & Snacks |
| Product Portfolio | Bakery & Snack Products |
| Business Model | Manufacturing & Distribution |
| Revenue Base | North India Focused |
| Brand Portfolio | Three Brands |
| Distribution Network | Extensive |
| Debt Levels | Elevated |
| Profitability | Moderate |
| Valuation | Awaiting Market Response |
| Listing | BSE SME |
Positives
| Strengths |
| Diversified Product Portfolio |
| Established Brand Presence |
| Strong Distribution Network |
| Multiple Product Categories |
| Manufacturing Infrastructure |
| North India Market Presence |
| In-House Logistics |
| Experienced Promoters |
Concerns
| Risks |
| High Borrowings |
| Low Profit Margins |
| Regional Revenue Concentration |
| Competitive FMCG Industry |
| Raw Material Cost Volatility |
| SME Liquidity Risk |
Crazy Snacks operates in the packaged foods and bakery products segment, serving consumers through a diversified product portfolio spanning snacks, bakery products and convenience foods. The company has built a meaningful distribution network and brand presence across North India.
The business benefits from a broad product range, established manufacturing infrastructure and an extensive distributor network. The company’s multi-brand strategy allows it to cater to both value and premium consumer segments.
Investors should, however, monitor profitability levels, debt position and regional concentration risks. The packaged food industry remains highly competitive and margins can be influenced by fluctuations in raw material prices.
The IPO proceeds will partly be utilised for capacity enhancement and debt reduction, which may strengthen future operational efficiency and financial flexibility.
Chanakya View: Neutral to Positive. The company operates in a large consumer food category with established brands and distribution strength. However, investors should monitor debt levels and profitability trends while evaluating the issue for medium to long-term investment.
FAQs
What is the Crazy Snacks IPO GMP today?
Crazy Snacks IPO GMP is currently updating in the grey market. Investors should track the latest GMP before the IPO opens for subscription.
What is the Crazy Snacks IPO price band?
Crazy Snacks IPO price band is fixed at Rs. 39 to Rs. 42 per share.
What is the Crazy Snacks IPO lot size?
Crazy Snacks IPO lot size is 3,000 shares. Retail investors need to apply for a minimum of 6,000 shares.
When will Crazy Snacks IPO list?
Crazy Snacks IPO is expected to list on BSE SME on 3 July 2026.