Crazy Snacks
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Crazy Snacks IPO

IPO Open Now
₹2,34,000
0.01 xOver-subscribed
Bidding Dates 25 Jun, 26 -30 Jun, 26
Min Investment ₹2,34,000
Lot Size3,000
Price Range ₹39 – ₹42
Issue Size ₹31.47 Cr.
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IPO Subscription Details
Retail Subscription Details
0.02 x
Non-Institutional Buyers (sHNI)
0 x
Non-Institutional Buyers (bHNI)
0 x
Qualified Institutional Buyers (QIB)
0 x
Total
0.01 x
IPO Timeline
IPO Offer Start
25 Jun,26
IPO Offer Ends
30 Jun,26
Allotment Finalisation
01 Jul,26
Refund Initiation
02 Jul,26
Listing of Shares
03 Jul,26

IPO Analysis

Strengths
Strenghts

The company offers over 150 bakery products priced between ₹2 and ₹170, and over 147 snack products priced between ₹2 and ₹150 through its subsidiary, providing consistent value across North India markets.

Strenghts

The company uses modern technology and strict quality control with ISO 22000:2018 certification, FSSAI license, and Legal Metrology registration to ensure consistent product quality and safety standards.

Strenghts

The company offers products priced between ₹2 and ₹170, catering to both value-driven customers and premium segments while maintaining quality and consistency across all categories.

Risks
Risk

The company is significantly dependent on its distributors who distribute products to end retailers, with a majority of revenue generated from distributors in Uttar Pradesh and Bihar. Any inability to expand or effectively manage the distributor network, or disruptions in the distribution network may adversely affect business operations and financial performance.

Risk

The company manufactures semi-perishable bakery and snack products with shelf life ranging from 15 to 90 days. Inaccurate demand forecasting can result in excess inventory and product wastage, with wastage ratios up to 4% for breads and buns, which could adversely impact financial condition and cash flows.

Risk

The company is significantly dependent on sale of small pack SKUs available at ₹2-₹5, which accounted for 26.01% of revenue from operations for the period ending December 31, 2025. Rising commodity prices may force the company to increase prices or reduce product weight, potentially leading to customer loss and declining sales.

Objectives

The company intends to purchase various plant and machinery including sifters, water chilling plants, dough equipment, bread processing machines, packaging machines, and other bakery equipment to enhance production capacity and operational efficiency.

The company plans to undertake infrastructure enhancement and development work to improve its operational facilities and support business growth.

The company intends to purchase goods transportation vehicles including Maruti Suzuki Super Carry CNG and Eicher Pro 2059 CNG vehicles to strengthen its distribution capabilities.

The company proposes to utilize proceeds towards full or partial repayment or pre-payment of outstanding borrowings to reduce debt servicing costs and improve financial position.

The company proposes to deploy proceeds towards general corporate purposes including business development initiatives, meeting expenses such as salaries, rent, administration costs, insurance premiums, repairs and maintenance, payment of taxes and duties, subject to not exceeding 25% of gross proceeds.

Yearly Financial Results

Annual Financials
Mar 2024
Mar 2025
Revenue
127.59
111.38
Expenses
121.88
103.93
Other Income
1.48
0.25
Total Revenue
129.08
111.63
Profit Before Tax
7.20
7.70
Net Profit
5.32
6.33

Balance Sheet

Balance Sheet
Mar 2024
Mar 2025
Q3 2025
Total Assets
85.90
109.82
121.61
Current Assets
49.15
70.10
77.11
Fixed Assets
36.75
39.72
44.50
Total Equity & Liabilities
85.90
109.82
121.61
Total Liabilities
54.66
71.81
78.79
Current Liabilities
37.42
43.30
47.60
Non Current Liabilities
17.23
28.51
31.19
Total Equity
31.25
36.82
42.68

Cash Flow

Cash Flow
Mar 2024
Mar 2025
Q3 2025
Net Cash Flow
-4.45
-0.03
-0.22
Investing Activities
-9.19
-7.65
-7.66
Operating Activities
11.76
-6.51
4.16
Financing Activities
-7.03
14.13
3.27

About Crazy Snacks

The company operates in the food manufacturing sector, producing bakery products including bread, buns, and rusks, as well as snacks such as namkeen, chips, popcorn, and other savory items. The company offers over 150 bakery products priced between ₹2 and ₹170, and over 147 snack products priced between ₹2 and...more
Managing DirectorNavin Kumar Agarwal