Crazy Snacks IPO GMP & Allotment
Crazy Snacks Limited is a food manufacturing company engaged in producing and distributing bakery and snack products. Its bakery portfolio includes bread, buns, rusks, cakes and cookies, while its snack range includes namkeen, chips, popcorn, fries and other snack products. The company operates through its own business and its subsidiary, Crazy Bakery Udyog Private Limited, offering a combined portfolio of over 290 products across different price points to cater to varied consumer preferences. The company generates revenue primarily through the sale of these products via an extensive distributor-led network spread across multiple states, with a strong presence in North India, particularly Uttar Pradesh and Bihar. It manufactures products using dedicated production processes for bakery and snack categories and focuses on quality control, packaging and distribution. The business is supported by a large and growing distribution network that helps ensure product availability across urban and rural markets.
- IPO Price Band
- ₹39.00 - ₹42.00
- Lot Size
- 3,000 Shares
- Bidding Closes
- 30 Jun 2026
- Listing Date
- 03 Jul 2026
Crazy Snacks IPO GMP Today & Key Takeaways
Crazy Snacks IPO officially listed on 03 Jul 2026 at Rs 44.00, delivering a +4.76% listing gain compared to its issue price of Rs 42.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹2.
Crazy Snacks IPO officially listed on 03 Jul 2026 at ₹44.00, delivering a +4.76% listing gain compared to its issue price of ₹42.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹2.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹2 | +4.76% vs upper band (30 Jun 2026) |
| Est. Listing Price | ₹44.00 | +4.76% Est. Listing Gain |
| Price Band | ₹39.00 - ₹42.00 | SME IPO |
| Retail Minimum Investment | ₹2,52,000 | 2 Lot (3,000 Shares) |
| Bidding Window | 25 Jun 2026 – 30 Jun 2026 | Listed |
| Allotment & Listing Dates | Allotment: 01 Jul 2026 | Listing: 03 Jul 2026 |
Complete IPO information
| IPO Open Date | 25 Jun 2026 |
|---|---|
| IPO Close Date | 30 Jun 2026 |
| IPO Price Band | ₹39.00 - ₹42.00 |
| Lot Size | 3,000 Shares |
| Current GMP | ₹2 |
| Estimated Listing Gain | +4.76% |
| Issue Size | Approx ₹31.47 Cr |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | BSE SME |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 1.2x |
| Minimum Investment | ₹2,52,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Crazy Snacks is priced at ₹42 per share. With a minimum lot size of 3,000 shares, a retail investor applying for one lot would need approximately ₹2,52,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Crazy Snacks stands at ₹2, implying an estimated listing gain of around 4.76% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Crazy Snacks's IPO was subscribed 1.2x overall, with a category-wise breakdown of Retail 1.26x, QIB 4.75x.
Among the strengths highlighted in Crazy Snacks's IPO documents: Experienced promoters and management team with deep industry knowledge and a proven track record.; Asset-light business model supports growth without heavy investment in manufacturing assets..
Investors should also weigh the risk factors Crazy Snacks has disclosed, including: A significant portion of revenue comes from rusk, bread and bun products..
A share of Crazy Snacks's issue proceeds is earmarked for Repayment Of Borrowings: 5.71 (22.66%).
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 25 Jun 2026 | Completed |
| Bidding Closes | 30 Jun 2026 | Completed |
| Allotment | 01 Jul 2026 | Completed |
| Listing | 03 Jul 2026 | Completed |
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 30 Jun 2026 | ₹0.00 | - | 0.00% |
| 26 Jun 2026 | ₹0.00 | - | 0.00% |
| 25 Jun 2026 | ₹0.00 | - | 0.00% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 6,000 | ₹2,52,000 |
| Retail Maximum | 2 Lot | 6,000 | ₹2,52,000 |
| S-HNI Minimum | 3 Lot | 9,000 | ₹3,78,000 |
| S-HNI Maximum | 7 Lot | 21,000 | ₹8,82,000 |
| B-HNI Minimum | 8 Lot | 24,000 | ₹10,08,000 |
Objects of the Issue & Official Documents
- Repayment Of Borrowings 5.71 (22.66%)
- General Corporate Purpose 9.57 (37.97%)
Important takeaways before applying
Strengths
- Experienced promoters and management team with deep industry knowledge and a proven track record.
- Asset-light business model supports growth without heavy investment in manufacturing assets.
- Scalable business model focused on efficient operations and expanding market reach.
- Wide product portfolio across bakery and snack categories catering to diverse consumer preferences.
- Large distribution network with over 2,200 distributors supporting market penetration.
Risks
- A significant portion of revenue comes from rusk, bread and bun products.
- Most sales are concentrated in Uttar Pradesh and Bihar, increasing geographic dependence.
- The business relies heavily on its distributor network for product sales and distribution.
- Products are semi-perishable, creating risks of inventory losses and wastage.
- Certain trademarks used by the company are not yet registered, which may affect brand protection.
Crazy Snacks IPO Reservation
Crazy Snacks IPO has reserved shares for various categories of investors in accordance with SME IPO regulations and applicable stock exchange guidelines. The allocation structure ensures participation opportunities for institutional investors, non-institutional investors, and retail investors.
The largest allocation has been reserved for Qualified Institutional Buyers (QIBs), followed by retail investors and Non-Institutional Investors (NIIs). The final allocation of shares will be subject to demand received during the subscription period.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) Excluding Anchor | – Shares | 50% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Individual Investors (RII) | – Shares | 35% |
Crazy Snacks IPO Dates
The Crazy Snacks IPO will open for subscription on June 25, 2026, and close on June 30, 2026. Investors can place their bids during the subscription window through supported brokerage and banking platforms.
Following the closure of the issue, the allotment process is expected to be completed on July 1, 2026. Shares allotted to successful applicants will be credited to their demat accounts before the company makes its debut on the BSE SME platform.
| IPO Activity | Date |
|---|---|
| Crazy Snacks IPO Open Date | June 25, 2026 |
| Crazy Snacks IPO Close Date | June 30, 2026 |
| Basis of Allotment | July 1, 2026 |
| Refund Initiation | July 2, 2026 |
| Credit of Shares to Demat Account | July 2, 2026 |
| Crazy Snacks IPO Listing Date | July 3, 2026 |
| IPO Bidding Cut-off Time | June 30, 2026 – 5:00 PM |
Crazy Snacks IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 25 Jun 2026 |
| IPO Close Date | 30 Jun 2026 |
| Basis of Allotment | 01 Jul 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 03 Jul 2026 |
Note: The timeline for Crazy Snacks IPO is tentative and subject to change.
Crazy Snacks IPO Objects of the Issue & Utilisation of Proceeds
Crazy Snacks Limited intends to utilize the proceeds from the fresh issue primarily for capacity expansion, modernization of its manufacturing infrastructure, and strengthening its financial position. The proposed investments are expected to improve production efficiency and support the company's future growth plans.
A portion of the IPO proceeds will also be used to reduce existing debt obligations, which may help lower finance costs and improve the company's overall balance sheet strength. The remaining amount will be utilized for general corporate purposes and business requirements.
| Purpose | Amount |
|---|---|
| Funding Capital Expenditure Requirements Towards Purchase of Machinery, Equipment and Infrastructure Enhancement in the Existing Manufacturing Facility | ₹9.92 Cr. |
| Repayment and/or Pre-payment, in Part or Full, of Certain Borrowings Availed by the Company | ₹5.71 Cr. |
| General Corporate Purposes | ₹- |
Crazy Snacks Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Crazy Snacks IPO Company Financial Report
Crazy Snacks Limited has delivered stable financial performance over the last few years with consistent profitability growth and an expanding asset base. The company operates in the packaged snacks segment and continues to strengthen its position through product diversification and wider market reach.
Revenue witnessed strong growth in FY2024, while profitability continued to improve in FY2025 and the period ended December 2025. The company's improving Profit After Tax (PAT) indicates better operational efficiency and stronger margins despite fluctuations in revenue growth.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹89.17 Cr. | ₹84.41 Cr. | ₹3.54 Cr. | ₹88.61 Cr. |
| 2024 | ₹129.08 Cr. | ₹121.88 Cr. | ₹5.32 Cr. | ₹85.90 Cr. |
| 2025 | ₹111.63 Cr. | ₹103.93 Cr. | ₹6.33 Cr. | ₹109.82 Cr. |
| December 2025 | ₹87.56 Cr. | ₹79.56 Cr. | ₹6.00 Cr. | ₹121.61 Cr. |
Crazy Snacks Company Financials
To Be Updated Soon
Crazy Snacks Company Valuation – FY2026
To Be Updated Soon
Crazy Snacks IPO Peer Group Comparison
To Be Updated Soon
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