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Creative Graphics Solutions IPO
Price Band
₹80.0–85.0
Issue Size
₹54.4 Cr
Lot Size
1,600 shares
Min Investment
₹136,000
GMP
+₹66.0 (77.65%)
Issue Price
₹85.0
Subject to Sauda
₹80300
Paid only if allotted
Creative Graphics Solutions IPO AI Summary
- Creative Graphics Solutions IPO is listed on NSE SME in the Other Industrial Products sector.
- Price band: ₹80.0–₹85.0 per share, lot size 1,600 shares (min. investment ₹136,000).
- Subscription window: 28 Mar–04 Apr 2024, listing on 09 Apr 2024.
- Current GMP is +₹66.0 (77.65%), an estimated listing price of ₹151 — unofficial and can change daily.
Creative Graphics Solutions India Limited is set to offer its IPO with a price band of ₹80.0 to ₹85.0, aiming to raise ₹54.4 Cr. The company has shown fluctuations in revenue and profit, with a notable decrease in total income and profit after tax in the latest reporting period. Investors should consider their risk profile and market conditions when evaluating this IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Creative Graphics Solutions IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 04 Apr 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Creative Graphics Solutions IPO Grey Market Premium (GMP) Today
GMP
+₹66.0
GMP %
+77.65%
Est. Listing
₹151.0
Updated: 25 Jul 2026 14:06
About the Company
Creative Graphics Solutions India Limited was founded in 2014 and manufactures flexographic printing plates. The company was previously known as Tanushii Industries Private Limited. The company manufactures Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates. The company also has two wholly owned subsidiaries: Creative Graphics Premedia Private Limited and Wahren India Private Limited. Creative Graphics Premedia Pvt Ltd offers premedia services such as design customization and print production. Its clients include ITC, TATA Consumers, MARS, Cavin Kare, Haldiram, Dabur India, KRBL, Himalaya, Hamdard Laboratories etc. Wahren India Pvt Ltd offers packaging solutions for the pharmaceutical industry such as Alu-Alu Foil, Blister Foil, Tropical Alu-Alu Foil, CR Foil, and Pharmaceutical Sachet. Creative Graphics Solutions India has 7 manufacturing facilities in Noida, Uttar Pradesh, Vasai, Mumbai, Chennai, Bmaddi Himachal Pradesh, Hyderabad, Ahmedabad and Pune. The company's customers come from all over India and from countries such as Africa, Thailand, Qatar, Kuwait and Nepal. As of March 2024, the company has over 400 employees.
Company Financials (₹ Cr)
As of 2023-09-30
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 100.31 | 66.00 | 44.97 | 34.71 |
| Total Income | 48.46 | 91.78 | 68.68 | 48.04 |
| Profit After Tax | 7.24 | 8.64 | 4.65 | 2.28 |
| NET Worth | 25.51 | 18.73 | 10.09 | 5.44 |
| Reserves and Surplus | 24.01 | 17.98 | 9.34 | 4.69 |
| Total Borrowing | 45.00 | 22.91 | 9.51 | 8.95 |
Key Ratios
EPS
₹4.83
NAV
₹249.70
ROE
28.38%
ROCE
24.99%
RoNW
28.38%
P/B Value
0.50
P/E Ratio
17.59
Market Cap
₹206.43 Cr
PAT Margin
9.59%
Debt/Equity
1.76
Promoters
Deepanshu Goel and Sarika Goel
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 To meet out the working capital requirements of our company “Creative graphics” 15.00 2 Repayment/prepayment, in part or full, of certain of our borrowings 11.00 3 To meet out the capital expenditure of our company “Creative graphics” 10.00 4 To meet out the inorganic growth through unidentified acquisition for company* 5.00 5 General Corporate Expenses 8.60
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹48.46 Cr in the period ending 30 Sep 2023, a decrease from ₹91.78 Cr for the year ending 31 Mar 2023. This decline is notable as the latest figure represents a 9-month period, not a full year, so isn't directly comparable.
Profit Trend
Profit after tax was ₹7.24 Cr in the period ending 30 Sep 2023, down from ₹8.64 Cr for the year ending 31 Mar 2023. Again, this is a 9-month figure and not a full year, making direct comparison less straightforward.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an indicator of the expected listing price of an IPO. It reflects the demand for the shares in the grey market, which operates outside of the official stock exchange. A higher GMP suggests strong demand and potential for listing gains.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. Factors such as the company's growth potential, market conditions, and individual financial goals should be considered.
Who May Want to Wait
Investors who prefer stable and established companies with predictable earnings may want to avoid this IPO, as it operates in a competitive sector and has shown fluctuations in revenue and profit.
IPO Timeline, Explained
The IPO opens for subscription on March 28, 2024, and closes on April 4, 2024. Allotment of shares will be done on April 5, 2024, with the listing date set for April 9, 2024.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares of an IPO are listed on the stock exchange and traded for the first time. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and the company's performance post-listing.
This evaluation is generated from Creative Graphics Solutions's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Creative Graphics Solutions IPO GMP today?
Creative Graphics Solutions IPO GMP today is +₹66.0 (77.65%), indicating an estimated listing price of ₹151. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Creative Graphics Solutions IPO?
The price band of Creative Graphics Solutions IPO is ₹80.0–₹85.0 per share.
When does Creative Graphics Solutions IPO open and close?
Creative Graphics Solutions IPO opens on 28 March 2024 and closes on 04 April 2024.
When does Creative Graphics Solutions IPO list on the stock exchange?
Creative Graphics Solutions IPO listed on 09 April 2024 at ₹151.0.
What is the lot size for Creative Graphics Solutions IPO?
The lot size for Creative Graphics Solutions IPO is 1600 shares, requiring a minimum investment of ₹136,000.
What is the price band for the IPO?
The price band for the IPO is ₹80.0 to ₹85.0.
What is the minimum investment required?
The minimum investment required is ₹136,000.
What is the lot size for this IPO?
The lot size for the IPO is 1600 shares.
When is the listing date?
The listing date is April 9, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on demand in the grey market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
28 Mar 2024
Close
04 Apr 2024
Allotment
05 Apr 2024
Listing
09 Apr 2024
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