Crazy Snacks Ltd (BSE SME)

Established in 1995 and based in Gorakhpur, Uttar Pradesh, Crazy Snacks Limited is a well-known regional manufacturer of bakery and packaged food items. Under its signature flagship brand “Crazy”, the company produces more than 200 distinct product varieties spanning sweet and savory snacks.

Business Verticals

• Bakery Manufacturing: Formulating large-scale everyday fresh bread loaves, buns, rusks, cream rolls, cupcakes, cookies, and multi-flavored festive cakes.

• Savory Snacks & Chips: Processing puffed namkeens, potato chips, and traditional Indian savory snacks across various price tiers ranging from ₹2 to ₹170.

Track Record

• Revenue Growth: Total operational revenue expanded significantly, growing from ₹89.17 Cr in FY23 to ₹129.08 Cr for the fiscal year ended March 31, 2024. For the first quarter ending June 30, 2024, it clocked an additional ₹26.03 Cr.

• Profitability: Net profit (PAT) demonstrated robust upward trajectories, scaling up from ₹3.54 Cr in FY23 to ₹5.32 Cr in FY24, and recording ₹1.28 Cr during the single quarter ended June 2024.

• Geographical Core: Holds deep consumer penetration within Northern India, with its core operational network across Uttar Pradesh and Bihar contributing up to 97% of its aggregate top-line earnings.

Crazy Snacks Ltd IPO GMP

As of June 22, 2026, the Grey Market Premium (GMP) is currently ₹0.

Note: Because the official bidding window opens later this week on June 25, early grey market tracking indicators are initially flat. However, the company holds steady fundamentals, boasting a Return on Equity (ROE) of 17.08% for its latest full financial cycle.

Crazy Snacks Ltd IPO Allotment Status

The allotment is scheduled to be finalized on July 01, 2026.

Check Crazy Snacks Allotment Status

To check your status online, visit the official assigned registrar tracking portal: Kfin Technologies IPO Status Portal

You can verify your status via:

• Registrar's website (KFin Technologies Limited)

• BSE official SME portal

• Using your PAN number, Application ID, or DP ID/Client ID

Strengths

• Decades of Local Brand Trust: Over 30 years of operating history with a highly recallable brand name "Crazy" supporting quick placement across retail grocery shelves.

• Diverse Product Matrix: Features more than 200 varieties of baked and savory goods catering to varying price elasticity parameters from mass rural to semi-urban retail tiers.

• In-House Infrastructure: Operates advanced commercial production setups featuring 20 automatic and semi-automatic industrial baking ovens ensuring consistent volumetric outputs.

Weaknesses

• Geographical Concentration: Remains heavily reliant on limited state borders, sourcing over 97% of total sales from specific sub-regions in Uttar Pradesh and Bihar.

• Highly Fragmented Market: Faces stiff cost-cutting competition from national snacking giants, regional FMCG corporations, and unorganized local confectioneries.

• Raw Material Inflation: Direct manufacturing profit margins remain vulnerable to sudden spot price hikes in raw flour, sugar, palm oils, and commercial packaging inputs.

How the Company Will Use IPO Money

The fresh issue proceeds will be utilized for:

• Capital Expenditure: Sourcing advanced automated baking lines, processing machinery upgrades, and structural infrastructure enhancement at its existing factory facility (₹9.92 Cr).

• Debt Repayment: Part or full pre-payment/repayment of high-interest outstanding borrowings availed from commercial banks (₹5.71 Cr).

• General Corporate Purposes: Meeting regular strategic media marketing outlays, working capital optimizations, and public issue administration expenses.

Lead Manager & Registrar

• Lead Manager: Inventure Merchant Banker Services Private Limited

• Registrar: KFin Technologies Limited

  Phone: 040-67162222

  Email: einward.ris@kfintech.com