IPO

IPO Synopsis

Creative Graphics Solutions India Ltd
Public issue of 64,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Creative Graphics Solutions India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 85.00 per equity (the "Issue Price") aggregating to Rs. 54.40 crores ("The Issue") comprising of a fresh issue of 64,00,000 equity shares aggregating to Rs. 54.40 crores (the "Fresh Issue") of which 3,20,000 equity shares aggregating to Rs. 2.72 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 60,80,000 equity shares aggregating to Rs. 51.68 crores (the "Net Issue"). The issue and the net issue will constitute 26.35% and 25.03% respectively of the post issue paid up equity share capital of the company. The Offe Price is Rs. 85 per equity share of face value of Rs. 10/- each and the issue price is 8.50 times of the face value. Bid can be made for minimum of 1600 equity shares and the multiples of 1600 equity shares thereafter.
Issue
Opens On Closes On
28-Mar-24 04-Apr-24
Money Payable On
Application Allotment
85.00 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
Cr Lead Managers to the Issue
Project Cost (.Cr) 49.60 Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer (.Cr) 54.40  
Post Issue Equity Share Capital (.Cr) 24.29
Issue Price () 85.00
Projects
To meet the working capital requirements of the company Creative Graphics"
Repayment/prepayment in part or full of certain of its borrowings
To meet the working capital requirements of the company Creative Graphics
To meet out the inorganic growth through unidentified acquisition for company
General corporate purposes
Promoted By
Deepanshu Goel
Sarika Goel
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd