Creative Graphics Solutions India Limited
IPO Details
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Lot Distribution
Reservation
Company Fin.
₹66(77.65%)
Premium (ELP)
Having completed its public offering, Creative Graphics Solutions India Limited's is now listed and trading on the NSE exchange as of Apr 09, 2024. The IPO raised cumulative capital of 64,00,000 Shares, including 64,00,000 Shares in primary capital infusion.
The IPO was conducted with a price range of ₹80 to ₹85 and minimum investment requirement of 1600 shares. subscription activity between Mar 28, 2024 and Apr 04, 2024 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Apr 05, 2024 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Creative Graphics Solutions India Limited, formerly Tanushii Industries Private Limited, has been a trailblazer in flexographic printing plate manufacturing since 2014. Offering a diverse range of products, including Digital Flexo Plates and Conventional Flexo Printing Plates, the company delivers precision and quality to meet various printing needs. Through its subsidiaries—Creative Graphics Premedia Private Limited and Wahren India Private Limited—it also provides premedia services and specialized packaging solutions for the pharmaceutical industry. With seven strategically located manufacturing facilities across India, Creative Graphics serves both domestic and international markets, including Africa, Thailand, Qatar, Kuwait, and Nepal. Backed by a skilled workforce of over 400 employees as of March 2024, the company remains dedicated to innovation, excellence, and customer satisfaction in the evolving printing and packaging sector.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Tech-Savvy Operations: The company uses advanced technology to improve production, maintain high quality, and develop innovative products, helping it stay competitive.
- Strong Manufacturing Network: With seven factories across India, the company ensures smooth distribution, lower costs, and easy access to regional markets.
- Wide Product Range: Offering products like Digital Flexo Plates and Conventional Flexo Printing Plates, the company reaches a broad market while reducing reliance on any single product.
- Risk from Subsidiary Loans: The company has guaranteed loans for its subsidiary, Wahren India Private Limited. If the subsidiary fails to repay, the company may have to cover the losses, which could strain its finances.
- Reliance on Promoter/Director Guarantees: The company depends on personal guarantees and mortgaged properties from its promoters/directors to secure loans. If these guarantees are revoked or triggered, the company might need to repay loans early or find new financial backing.
- Unsecured Loan Risks: The company has taken unsecured loans that lenders can demand repayment for at any time. If this happens suddenly, it could put pressure on cash flow and disrupt operations.
- Restricted Asset Use: Since the company’s fixed assets and book debts are pledged as loan security, they can't be freely used for other financial needs. If the company defaults, lenders could seize these assets, impacting operations.
- Mr. Deepanshu Goel
- Mrs. Sarika Goel
Creative Graphics Solutions India Limited
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