Crazy Snacks IPO day 1: GMP, subscription status, price band, other details of BSE SME IPO
New Delhi, June 25 -- The initial public offering (IPO) of Crazy Snacks opened for public subscription on Thu, 25 June. The BSE SME IPO aims to raise about Rs.25 crore through the fresh issue of shares, which it primarily wants to use for loan payment and funding working capital requirements.
Crazy Snacks produces a diverse range of snacks, such as chips, popcorn, and potato sticks. It earned a profit of Rs.6.33 crore in FY25. In FY26 till 31 December, its profit was Rs.6 crore.
According to grey market sources, the grey market premium (GMP) of Crazy Snacks shares was nil on Thursday, 25 June, in the morning. This indicates the stock could list at par with the issue price.
By 1 pm on Thursday, the SME IPO had been subscribed to 0.07 ti...
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