Crazy Snacks offers a wide range of bakery products to meet the everyday needs of Indian consumers. Their portfolio includes bread, buns, cakes, and rusks, with 150 products priced between ₹2 and ₹170. They focus on providing affordable, high-quality options that cater to different tastes, making their products a reliable choice for households.Their rusks, produced under both Crazy Snacks and Crazy Bakery Udyog, are a key part of their range, offering a convenient snack for customers. In their subsidiary, Crazy Bakery Udyog Private Limited, they specialise in a variety of snacks, including namkeen, chips, popcorn, and potato sticks, with 147 products priced between ₹2 and ₹150. They aim to offer snacks that blend traditional and new flavours to suit different preferences. With a strong presence
Weak fundamentals and premium/expensive valuation
SME IPOs are higher risk, less liquid and more volatile than mainboard IPOs. Invest only after reading the offer document and understanding the risks.
Crazy Snacks is an SME IPO in the FMCG - Snacks and Beverages sector with a price band of ₹39-₹42 and a lot size of 3000 shares.
The company's financials show a mixed picture, with revenue growth but high debt-equity ratio.
The data is mostly up-to-date, but some information like anchor investor data and objects of the issue is missing.
0.0%
Overall demand
Retail Queue
Institutional Queue
Non-Institutional
Subscribed
GYR Capital Market Maker
Merchant banker track record is not available.
Post-listing volume can be low. Trading takes place in large retail lots.
Top 5 customers account for more than 40% of revenues.
Scale of operations is relatively small, with minor audit flags.
Crazy Snacks offers a wide range of bakery products to meet the everyday needs of Indian consumers. Their portfolio includes bread, buns, cakes, and rusks, with 150 products priced between ₹2 and ₹170. They focus on providing affordable, high-quality options that cater to different tastes, making their products a reliable choice for households.Their rusks, produced under both Crazy Snacks and Crazy Bakery Udyog, are a key part of their range, offering a convenient snack for customers. In their subsidiary, Crazy Bakery Udyog Private Limited, they specialise in a variety of snacks, including namkeen, chips, popcorn, and potato sticks, with 147 products priced between ₹2 and ₹150. They aim to offer snacks that blend traditional and new flavours to suit different preferences. With a strong presence
FMCG - Snacks And Beverages
Promoters group
Whole-time Directors & Promoter group
| Company | P/E (x) | ROE (%) | Revenue CAGR (3Y) | EBITDA Margin (%) | Market Cap (₹ Cr) |
|---|---|---|---|---|---|
| Crazy Snacks (IPO) | 59.15x | 3.95% | -79.6% | 14.5% | -- |
| Annapurna Swadisht | 21.94x | -- | -- | -- | ₹173.94 Cr |
| Chatha Foods | 18.48x | -- | -- | -- | ₹212.34 Cr |
| Dangee Dums | 49x | -- | -- | -- | ₹54.435 Cr |
| Euro India | -- | -- | -- | -- | ₹63.18 Cr |
| Goel Food | 10.84x | -- | -- | -- | ₹23.46 Cr |
| Jay Kailash | 60.12x | -- | -- | -- | ₹14.4 Cr |
| Magson Retail | 20.25x | -- | -- | -- | ₹177.915 Cr |
| Mother Nutri | 22.67x | -- | -- | -- | ₹150.72 Cr |
| Proventus Agrocom | 104.61x | -- | -- | -- | ₹635.955 Cr |
| RCL Retail | -- | -- | -- | -- | ₹9.99 Cr |
| Sonalis Consumer | 6.56x | -- | -- | -- | ₹8.4 Cr |
| Tanvi Foods | 24x | -- | -- | -- | ₹83.85 Cr |
| Valencia Nutrition | -- | -- | -- | -- | ₹5.58 Cr |
Good / Improving metrics, margins and cash flows with comfortable leverage.
| Financial Year | Revenue (₹ Cr) | EBITDA Margin (%) | PAT (₹ Cr) | ROCE (%) | ROE (%) | Debt / Equity (x) |
|---|---|---|---|---|---|---|
| FY23 | ₹89.12 Cr | 12.15% | ₹3.53 Cr | 10.45% | 13.42% | 1.83x |
| FY24 | ₹127.59 Cr | 11.19% | ₹5.31 Cr | 14.16% | 17.06% | 1.45x |
| Jun-24 | ₹25.99 Cr | 14.47% | ₹1.28 Cr | 3.20% | 3.95% | 1.52x |
Subscription Trend (Times)
GMP Trend (₹)
Ideal for investors who: