Crazy Snacks SME IPO opens to muted demand: 0.07x on Day 1, GMP nil at ₹39-42 band
The ₹25.2 crore BSE SME issue from snacks maker Crazy Snacks drew just 0.07x subscription on Day 1 with grey market premium flat. Proceeds fund equipment, plant upgrades and debt repayment. FY25 profit stood at ₹6.33 crore; 9MFY26 already at ₹6 crore. Listing slated 3 July.
Snacks maker Crazy Snacks opened its ₹25.2 crore BSE SME IPO on 25 June with a ₹39-42 price band. Day 1 subscription was tepid at 0.07x with nil GMP. Proceeds fund equipment, manufacturing upgrades, debt repayment. Listing slated 3 July.