Crazy Snacks Ltd.
CRAZY-SNCSME
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Overview
Crazy Snacks Limited is a North India-focused FMCG food company engaged in manufacturing and distributing bakery products and packaged snacks. Crazy Snacks Limited offers breads, buns, cakes and rusks, while its subsidiary Crazy Bakery Udyog Private Limited adds namkeen, chips, popcorn and potato sticks to the portfolio. The business markets products under the Crazy, Bity and Baked Gold brands across economy, semi-premium and premium segments, with a strong presence in Uttar Pradesh and Bihar supported by two manufacturing facilities in GIDA, Gorakhpur and an extensive distributor-led distribution network.
Opening Date
Jun 25, 2026
Closing Date
Jun 30, 2026
Listing Date
Jul 03, 2026
IPO Type
SME
IPO Status
Closed
Issue Size
31.47 Cr
Fresh Issue
25.2 Cr
Offer for Sale
6.28 Cr
Price Band
₹39 - ₹42
Lot Size
3000
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
IPO Objective
The main objectives of the issue are to fund growth initiatives, strengthen the balance sheet and secure listing-related benefits.
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Funding capital expenditure for the purchase of new machinery, production equipment and related tools to modernize and expand the company’s existing manufacturing facilities at GIDA, Gorakhpur, improve automation levels, increase operating efficiency and support higher production capacity across bakery and snack categories.
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Financing infrastructure enhancement and development work within the existing manufacturing premises, including civil construction and additional production space, to accommodate new equipment, improve workflow, support storage and logistics requirements and create capacity for future scale-up.
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Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the company, which is expected to reduce finance costs, improve leverage and strengthen the overall financial position of the business.
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Meeting general corporate purposes, including supporting business operations, working capital flexibility, brand and market development needs and other strategic corporate requirements, along with obtaining the visibility, credibility and market access benefits associated with listing the equity shares on the BSE SME platform.
Key Performance Indicator
P/E Ratio
11.9
EPS
3.53
ROE
15%
ROCE
10.04%
RONW
14.01%
Debt to Equity Ratio
—
PAT Margin
6.86%
EBITDA Margin
—
P/B
2.05
SWOT Analysis
Strengths
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Diversified portfolio across bakery and snack products with offerings under Crazy, Bity and Baked Gold catering to multiple price and quality segments.
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Strong regional presence in Uttar Pradesh and Bihar supported by two manufacturing facilities in GIDA, Gorakhpur and a broad distributor-led network.
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Integrated in-house packaging and owned distribution support improve delivery reliability, product freshness and operational control.
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Experienced promoter and management team with sector and financial expertise, supported by established quality control systems and food safety compliance.
Weaknesses
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Revenue concentration in Uttar Pradesh and Bihar makes the business vulnerable to regional demand, logistics or competitive disruptions.
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Product concentration in major categories such as rusks, breads and buns increases dependence on a limited product mix.
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Operations rely heavily on continuous functioning of manufacturing facilities, exposing the company to shutdown, machinery and labor-related risks.
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Raw material costs form a significant portion of revenue, making margins sensitive to supply interruptions and commodity price fluctuations.
Opportunities
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Capacity expansion, automation and infrastructure upgrades can increase throughput, improve efficiency and support entry into new markets.
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Growing demand for packaged foods, bakery items and ready-to-consume snacks in India provides a favorable long-term demand environment.
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Expansion beyond core North Indian markets through the distributor network can widen geographic reach and reduce regional concentration.
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Scope to launch new products and healthier or premium variants under existing brands can deepen wallet share and improve margins.
Threats
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Intense competition from organized and unorganized players in bakery and snack categories may pressure pricing, market share and margins.
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Failure to maintain or strengthen the popularity of the Crazy, Baked Gold and Bity brands could adversely affect sales and customer loyalty.
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Quality, food safety, packaging or regulatory non-compliance issues could damage reputation and disrupt operations.
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Macroeconomic slowdowns, inflation, interest rate changes and weaker consumer spending can reduce demand for packaged food products.
Subscription Rate
Frequently Asked Questions about Crazy Snacks Ltd.
Crazy Snacks Limited is a North India-focused FMCG food company engaged in manufacturing and distributing bakery products and packaged snacks. Crazy Snacks Limited offers breads, buns, cakes and rusks, while its subsidiary Crazy Bakery Udyog Private Limited adds namkeen, chips, popcorn and potato sticks to the portfolio. The business markets products under the Crazy, Bity and Baked Gold brands across economy, semi-premium and premium segments, with a strong presence in Uttar Pradesh and Bihar supported by two manufacturing facilities in GIDA, Gorakhpur and an extensive distributor-led distribution network.
The Crazy Snacks Ltd. IPO is scheduled to open for subscription on Jun 25, 2026 and close on Jun 30, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Crazy Snacks Ltd. IPO is ₹39 to ₹42. Investors can place bids within this range once the issue opens.
The minimum lot size for the Crazy Snacks Ltd. IPO is 3000 shares. The minimum investment amount ₹1,26,000.
The total issue size of the Crazy Snacks Ltd. IPO is approximately ₹31.47. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Crazy Snacks Ltd. IPO has been subscribed 0.32 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Crazy Snacks Ltd. IPO is ₹[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Crazy Snacks Ltd. are expected to list on stock exchanges on Jul 03, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Crazy Snacks Ltd. IPO are proposed to be used for The main objectives of the issue are to fund growth initiatives, strengthen the balance sheet and secure listing-related benefits., Funding capital expenditure for the purchase of new machinery, production equipment and related tools to modernize and expand the company’s existing manufacturing facilities at GIDA, Gorakhpur, improve automation levels, increase operating efficiency and support higher production capacity across bakery and snack categories., Financing infrastructure enhancement and development work within the existing manufacturing premises, including civil construction and additional production space, to accommodate new equipment, improve workflow, support storage and logistics requirements and create capacity for future scale-up., Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the company, which is expected to reduce finance costs, improve leverage and strengthen the overall financial position of the business., Meeting general corporate purposes, including supporting business operations, working capital flexibility, brand and market development needs and other strategic corporate requirements, along with obtaining the visibility, credibility and market access benefits associated with listing the equity shares on the BSE SME platform.
Before applying for the Crazy Snacks Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
