Crazy Snacks

Crazy Snacks Limited is launching its Initial Public Offering (IPO) through the book-building process to raise capital for business expansion and future growth initiatives. The company operates in the snacks and food products segment and plans to utilize the funds raised for strengthening its operations and improving market presence.

The IPO consists of a combination of a fresh issue of equity shares and an Offer for Sale (OFS) by existing shareholders. The shares are proposed to be listed on the BSE SME platform, offering investors an opportunity to participate in the company's growth story.

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.

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.

Crazy Snacks Limited is promoted by Mr. Navin Kumar Agarwal and Mrs. Upma Agrawal. The promoters have been instrumental in establishing and expanding the company's operations in the snacks and food products segment and continue to play a significant role in the company's strategic direction and growth plans.

Prior to the public issue, the promoter group holds a majority stake in the company. Following the IPO, promoter shareholding is expected to be diluted due to the fresh issue of shares and offer for sale component, while the promoters are expected to continue retaining management control of the business.

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.