Creative Graphics Solutions India Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Creative Graphic

CMP

189.90

+4.75 (2.57%)

  • DRHP
₹85

Offer Price

₹ 54.40 Cr

Issue Size

₹ 1,36,000

Min Investment

1,600

Lot size

Time Line

  • 28
    Mar 2024
    Open
  • 04
    Apr 2024
    Close
  • 05
    Apr 2024
    Finalisation of Basis of Allotment
  • 05
    Apr 2024
    Initiation of Refunds
  • 08
    Apr 2024
    Transfer of Shares to Demat Account
  • 09
    Apr 2024
    Listing Date

Objects of the Offer

  • Strategic Business Acquisition.

  • Leveraging its Infrastructure.

Products & Services

  • Creative Graphics Solutions India Limited is manufacturer of all types of- Printing blocks(Photopolymer plates) for flexographic ,letterpress & dry offset machines.

Strengths

  • Well versed and equipped with advance technology.

  • Strategically located manufacturing facility.

  • Diverse product portfolio with focus on quality.

  • Experienced Promoter and management team with strong industry expertise.

  • Quality Assurance & Control.

Risks

  • The object of making unidentified acquisitions may lead to significant investments in the businesses that may not be sustainable in the long run, which may result in financial losses and negatively impact the company`s overall portfolio.

  • The company has not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment / machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment / machineries in a timely manner, or at all, the same may result in time and cost over-runs.

  • The company requires certain approvals, licenses, registrations and permits to operate its business, and failure to obtain or renew them in a timely manner or maintain the statutory and regulatory permits and approvals required to operate its business may adversely affect the company operations and financial conditions.

  • The Company has given Corporate Guarantees of Rs. 18,34,42,047 in respect to the loan taken by its subsidiary company ("Wahren India Private Limited"). The company cannot assure that there will be no default done by its subsidiary in the future.

  • Its Promoter/ Directors have mortgaged their properties and provided personal guarantees to secure certain of its loan facilities, which if revoked or invoked may require alternative guarantees, repayment of amounts due or termination of the facilities.

Company Promoters

Promoters Holding

Issue For IPO
24.27%
Pre Holding

92.10%

Post Holding

67.83%

Top Promoters Holding

Financials

All values in Cr

Mar-2021 Mar-2022 Mar-2023 3-Yr trend
Revenue 47.58 (-) 68.31 (43.60%) 90.14 (32.00%)
Gross Profit 47.58 (-) 68.31 (43.60%) 90.14 (32.00%)
Net Income 47.58 (-) 68.31 (43.60%) 90.14 (32.00%)
Assets 47.58 (-) 68.31 (43.60%) 90.14 (32.00%)
Liabilities 47.58 (-) 68.31 (43.60%) 90.14 (32.00%)

Book Running Managers

  • Corporate Capitalventures Pvt Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

3F-305 3rd Flr SSG East Plaza,
P.# 1&2 Mam Cpx Mayur V.Phase3,
Delhi - 110096
Phone : +91 74284 99617 Email : cs@creativegraphics.net.in https://creativegraphics.net.in/home/

Offer Related Information

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... More

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