Creative Graphics Solutions India Limited IPO Closed
| IPO date | 28 Mar 2024 – 04 Apr 2024 |
| Listing date | 09 Apr 2024 |
| Price range | 80 – 85 |
| Minimum order quantity | 1600 | (D)RHP | View |
Creative Graphics Solutions India Limited is launching its IPO. The IPO opens for subscription on 28th March 2024 and will close on 4th April 2024.
Disclaimer: This stock will trade with a lot size of 1600 shares in the SME segment on listing.
What does Creative Graphics Solutions India Limited do?
Incorporated in 2014, Creative Graphics Solutions India Limited is a pre-press company, engaged in the manufacturing of flexographic printing plates including Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates.
Beyond the core business, The company expanded its horizons through two wholly-owned subsidiaries, which are:
- Creative Graphics Premedia Private Limited: CG Premedia is an end-to-end provider of premedia services, from design adaptation to print production. CG Premedia collaborates and strategizes directly with various brands to provide services in artwork, prepress, mock-ups, and 3-D packshots. The company was incorporated in December 2021 and in a short span, it has served various well-known corporate houses such as ITC, TATA Consumers, MARS, Cavin Kare, Haldiram, Dabur India, KRBL, Himalaya, Hamdard Laboratories, and many more.
- Wahren India Private Limited: Wahren is a diversified arm of the Creative Graphics group, with the intent to provide high-quality packaging solutions for the pharmaceutical industry. Wahren India is primarily dedicated to the production of Alu-Alu Foil, Blister Foil, Tropical Alu-Alu Foil, CR Foil, and Pharmaceutical Sachet.
The company has customers across India and outside India namely African Countries, Thailand, Qatar, Kuwait, and Nepal.
Schedule/Timeline of Creative Graphics Solutions India Limited IPO
| Issue Period | 28th March to 4th April 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | April 05, 2024 |
| Initiation of Refunds | April 08, 2024 |
| Credit of Shares | April 08, 2024 |
| Date of Listing | April 09, 2024 |
| Mandate end date | April 19, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | May 05, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | July 05, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Creative Graphics Solutions India Limited IPO?
You can apply for the Creative Graphics Solutions India Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for the Creative Graphics Solutions India Limited IPO?
You can check the allotment status for the Creative Graphics Solutions India Limited IPO on the website of the Registrar and Transfer agent.