Crazy Snacks IPO
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Crazy Snacks IPO details
Schedule of Crazy Snacks
| Issue open date | 25 Jun 2026 |
| Issue close date | 30 Jun 2026 |
| UPI mandate deadline | 30 Jun 2026 (5 PM) |
| Allotment finalization | 01 Jul 2026 |
| Refund initiation | 02 Jul 2026 |
| Share credit | 02 Jul 2026 |
| Listing date | 03 Jul 2026 |
| Mandate end date | 14 Jul 2026 |
| Lock-in end date for anchor investors (50%) | 30 Jul 2026 |
| Lock-in end date for anchor investors (remaining) | 28 Sep 2026 |
Note: The schedule is tentative. 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. The allotment status can be checked on the registrar's website and the exchange website.
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.
Financials of Crazy Snacks
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 31.47 |
| Fresh issue- proceeds go to the company | 25.20 |
| Offer for sale – Proceeds go to the existing investors |
6.28 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Purchase of machinery, equipment and infrastructure upgrades at the existing manufacturing facility |
9.92 (39.37%) |
| Repayment or prepayment of certain borrowings | 5.71 (22.66%) |
| General corporate purposes | 9.57 (37.97%) |
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.