Creative Graphics Solutions India Limited IPO

Creative Graphics Solutions India Limited was founded in 2014 and manufactures flexographic printing plates. The company was previously known as Tanushii Industries Private Limited.

The company manufactures Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates. The company also has two wholly owned subsidiaries: Creative Graphics Premedia Private Limited and Wahren India Private Limited.

Creative Graphics Premedia Pvt Ltd offers premedia services such as design customization and print production. Its clients include ITC, TATA Consumers, MARS, Cavin Kare, Haldiram, Dabur India, KRBL, Himalaya, Hamdard Laboratories etc.

Wahren India Pvt Ltd offers packaging solutions for the pharmaceutical industry such as Alu-Alu Foil, Blister Foil, Tropical Alu-Alu Foil, CR Foil, and Pharmaceutical Sachet.

Creative Graphics Solutions India has 7 manufacturing facilities in Noida, Uttar Pradesh, Vasai, Mumbai, Chennai, Bmaddi Himachal Pradesh, Hyderabad, Ahmedabad and Pune.

The company’s customers come from all over India and from countries such as Africa, Thailand, Qatar, Kuwait and Nepal.

As of March 2024, the company has over 400 employees.

 

Creative Graphics Solutions India Limited Financial Information (Restated Consolidated)

Creative Graphics Solutions India Limited’s revenue increased by 33.63% and profit after tax (PAT) rose by 85.82% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets10,031.296,600.074,497.403,471.15
Revenue4,845.699,178.346,868.334,804.34
Profit After Tax724.07864.15465.05227.97
Net Worth2,550.901,872.751,008.60543.55
Reserves and Surplus2,400.911,797.75933.60468.55
Total Borrowing4,499.902,290.52950.57894.64
Amount in ₹ Lakhs

Objects of the Issue (Creative Graphics Solutions India IPO Objectives)

The company intends to utilize the Net Fresh Issue Proceeds for the following Objects:

  1. To meet the working capital requirements of the company;
  2. Repayment/prepayment, in part or full, of certain borrowings;
  3. To meet the capital expenditure of the company;
  4. To meet out inorganic growth through unidentified acquisitions for company; and
  5. General Corporate Expenses.

Creative Graphics Solutions India IPO Timeline (Tentative Schedule)

Creative Graphics Solutions India IPO opens on March 28, 2024, and closes on April 4, 2024.

IPO Open DateThursday, March 28, 2024
IPO Close DateThursday, April 4, 2024
Basis of AllotmentFriday, April 5, 2024
Initiation of RefundsMonday, April 8, 2024
Credit of Shares to DematMonday, April 8, 2024
Listing DateTuesday, April 9, 2024
Cut-off time for UPI mandate confirmation5 PM on April 4, 2024

SHARIAH SCREENING for - Creative Graphics Solutions India Limited IPO

BUSINESS SCREEN

FINANCIAL RATIOS

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