Crazy Snacks IPO
Price band
₹39 – ₹42
Lot size
3000 shares
Min investment
₹1,26,000
Issue size
₹31.47 Cr
IPO schedule
| Open date | 25 Jun 2026 |
| Close date | 30 Jun 2026 |
| UPI mandate cut-off | 30 Jun 2026 |
| Allotment finalisation | 1 Jul 2026 |
| Refund initiation | 2 Jul 2026 |
| Shares credited to demat | 2 Jul 2026 |
| Listing date | 3 Jul 2026 |
| Mandate end date | 14 Jul 2026 |
| Anchor lock-in (50%) | 30 Jul 2026 |
| Anchor lock-in (remaining) | 28 Sept 2026 |
Issue size
About Crazy Snacks
Crazy Snacks Limited is a food manufacturing company engaged in producing and distributing bakery and snack products. Its bakery portfolio includes bread, buns, rusks, cakes and cookies, while its snack range includes namkeen, chips, popcorn, fries and other snack products. The company operates through its own business and its subsidiary, Crazy Bakery Udyog Private Limited, offering a combined portfolio of over 290 products across different price points to cater to varied consumer preferences. The company generates revenue primarily through the sale of these products via an extensive distributor-led network spread across multiple states, with a strong presence in North India, particularly Uttar Pradesh and Bihar. It manufactures products using dedicated production processes for bakery and snack categories and focuses on quality control, packaging and distribution. The business is supported by a large and growing distribution network that helps ensure product availability across urban and rural markets.
Strengths
- Experienced promoters and management team with deep industry knowledge and a proven track record.
- Asset-light business model supports growth without heavy investment in manufacturing assets.
- Scalable business model focused on efficient operations and expanding market reach.
- Wide product portfolio across bakery and snack categories catering to diverse consumer preferences.
- Large distribution network with over 2,200 distributors supporting market penetration.
Risks
- A significant portion of revenue comes from rusk, bread and bun products.
- Most sales are concentrated in Uttar Pradesh and Bihar, increasing geographic dependence.
- The business relies heavily on its distributor network for product sales and distribution.
- Products are semi-perishable, creating risks of inventory losses and wastage.
- Certain trademarks used by the company are not yet registered, which may affect brand protection.
Use of proceeds
| Repayment of borrowings | ₹5.71 (22.66%) Cr |
| General corporate purposes | ₹9.57 (37.97%) Cr |
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.