Who is the CEO of Crazy Snacks Ltd?
- Answer Field
-
Mr. Navin K. Agarwal is the Chief Managing Director (CMD) of Crazy Snacks Ltd.
Crazy Snacks Limited is a bakery and packaged snacks manufacturer offering products such as breads, buns, cakes, rusks, namkeen, chips, popcorn and potato sticks. The Crazy Snacks IPO is scheduled to open for subscription on June 25, 2026, and close on June 30, 2026. The issue comprises 74,94,000 shares with an aggregate issue size of up to ₹31.47 crore and is priced in the range of ₹39 to ₹42 per share. The minimum lot size is 3,000 shares, and the shares are proposed to be listed on the BSE SME platform.
Crazy Snacks Limited is engaged in the manufacturing and distribution of bakery products and packaged snacks. Incorporated in 1995, the company offers a diversified portfolio comprising breads, buns, cakes, rusks, namkeen, chips, popcorn and potato sticks. Its products are marketed under the brands Crazy, Bity and Baked Gold, catering to different consumer segments and consumption preferences. The company focuses on providing products across multiple price points to serve a broad customer base. The company primarily operates in North India, with Uttar Pradesh and Bihar contributing 99.01% of its revenue in FY25. Supported by manufacturing facilities and an established distribution network, it supplies products across its key markets. Its portfolio spans both bakery and snack categories, enabling it to participate in different segments of the packaged food industry. The company’s operations are focused on meeting everyday consumer demand through a range of products available across various retail channels.
Investors can apply for the Crazy Snacks Ltd IPO through the ASBA (Application Supported by Blocked Amount) facility available via their bank account or through a registered stockbroker's online trading platform. Before applying, investors should ensure that they have an active demat account, a trading account and a valid PAN linked to their bank account. Applicants are required to select the IPO from the available public issue list, enter the bid quantity and price within the specified price band, and submit the application. Once the application is submitted, the corresponding amount is blocked in the investor’s bank account until the allotment process is completed. After the basis of allotment is finalised, funds corresponding to the allotted shares are debited, while the remaining blocked amount, if any, is released. Investors may also track their application status through the registrar’s website or the stock exchange platforms after the issue closes. Applicants should refer to the prospectus and official issue documents for complete details regarding eligibility, timelines and application procedures.
For more details, visit the Crazy Snacks IPO page.
Details | Information |
IPO Date | June 25, 2026 to June 30, 2026 |
Issue Size | 74,94,000 shares (agg. up to ₹31.47 Cr) |
Price Band | ₹39 to ₹42 per share |
Lot Size | 3,000 shares |
Listing At | BSE SME |
Market Maker | Alacrity Securities Ltd. |
Funding capital expenditure requirements towards purchase of machinery, equipments and infrastructure enhancement in the company’s existing manufacturing facilities
Repayment and/or pre-payment, in part or full, of certain borrowings availed by the company
General corporate purposes
Event | Date |
|---|---|
IPO Open Date | Thu, Jun 25, 2026 |
IPO Close Date | Tue, Jun 30, 2026 |
Tentative Allotment | Wed, Jul 1, 2026 |
Initiation of Refunds | Thu, Jul 2, 2026 |
Credit of Shares to Demat | Thu, Jul 2, 2026 |
Tentative Listing Date | Fri, Jul 3, 2026 |
Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jun 30, 2026 |
₹39 to ₹42 per share
Application | Lots | Shares | Amount |
Individual investors (IND) (Min) | 2 | 6,000 | ₹2,52,000 |
Individual investors (IND) (Max) | 2 | 6,000 | ₹2,52,000 |
S-HNI (Min) | 3 | 9,000 | ₹3,78,000 |
S-HNI (Max) | 7 | 21,000 | ₹8,82,000 |
B-HNI (Min) | 8 | 24,000 | ₹10,08,000 |
The Crazy Snacks IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Access your trading account using the trading platform.
Go to the IPO section to view active IPO listings.
Locate Crazy Snacks IPO in the list of available IPOs and click the ‘Apply’ button.
Specify the number of shares (lot size: 3,000 shares) at the price band of ₹39 to ₹42 per share.
Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Submit the application and monitor the allotment status to check if shares have been allocated to you.
The allocation of shares in the Crazy Snacks IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.
Investor Category | Shares Offered |
Non-Institutional Investor | 35,10,323 (46.84%) |
Qualified Institutional Buyers | 71,872 (0.96%) |
Retail Individual Investor | 35,33,806 (47.16%) |
Total Shares Offered | 74,94,001 (100.00%) |
This structure reflects the allocation approach as disclosed in the issue documents, indicating the proportion of shares available to each investor category.
Total Assets: Grew from ₹88.61 crore in FY23 to ₹109.82 crore as of March 2025.
Total Income: Recorded at ₹111.63 crore in March 2025, as compared to ₹89.17 crore in FY23.
Profit After Tax (PAT): Reported at ₹6.33 crore in March 2025, and ₹3.54 crore in FY23.
Net Worth: Recorded at ₹36.82 crore in March 2025 compared to ₹26.43 crore in FY23.
Reserves & Surplus: Stood at ₹18.75 crore in March 2025, as compared to ₹24.59 crore in FY23.
Total Borrowings: Stood at ₹63.26 crore in March 2025, as compared to ₹48.01 crore in FY23.
The company has reported growth in its asset base over the reviewed period, reflecting the expansion of its operational scale and business activities.
Income has shown an upward trend, indicating increased business volumes and continued demand for its product portfolio across key markets.
Profitability has improved during the period under review, supported by growth in revenue and ongoing business operations.
The company’s net worth has strengthened, reflecting the accumulation of earnings and the overall growth of the business.
Borrowings have increased alongside business expansion, which may support operational requirements and future growth initiatives.
The company continues to focus on its bakery and snacks segments, supported by a diversified product portfolio and an established distribution network in its core operating regions.
Its presence across multiple product categories and focus on serving everyday consumer needs may provide opportunities for business development in existing and new markets.
Continued emphasis on product availability, distribution reach, and consumer preferences could support the company's operational growth going forward.
A significant portion of the company’s revenue is derived from a limited geographical region, particularly Uttar Pradesh and Bihar. Any changes in consumer demand, distribution conditions, regulatory requirements, or economic activity in these markets could affect business operations and financial performance.
The company has reported an increase in borrowings over the review period. While a portion of the IPO proceeds is proposed to be utilised towards repayment or pre-payment of certain borrowings, the company remains exposed to factors such as financing costs, working capital requirements, and debt management considerations.
The company operates across both bakery and packaged snacks categories, supported by a diversified product portfolio and multiple brands. This product diversification enables participation in different consumer segments and may support business expansion across existing and new product categories.
The proposed utilisation of IPO proceeds towards manufacturing facility enhancement, machinery acquisition, and infrastructure development may strengthen operational capabilities. Combined with its established distribution network and presence in key markets, these initiatives may support future business development and market reach.
KPI | Dec 31, 2025 | Mar 31, 2025 |
ROE | 15.00% | 18.61% |
ROCE | 10.04% | 12.31% |
Debt/Equity | 1.63 | 1.72 |
RoNW | 14.01% | 17.20% |
Price to Book Value | - | 2.05 |
Registrar | Lead Manager(s) |
|---|---|
Kfin Technologies Ltd. | Inventure Merchant Banker Services Pvt. Ltd. |
Shri Pramodaay Bhawan,
10 Park Road Officers, Residence Lane,
Near Sahara Press,
Gorakhpur, Uttar Pradesh, 273001
Phone: +91 98380 76426
Email: secretarial@crazy.org.in
Website: https://crazy.org.in/
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Crazy Snacks IPO allotment status.
Mr. Navin K. Agarwal is the Chief Managing Director (CMD) of Crazy Snacks Ltd.
The Crazy Snacks IPO is scheduled to open for subscription on June 25, 2026, and close on June 30, 2026. Eligible investors can submit their applications during this period through the ASBA facility or a registered stockbroker’s platform, subject to the terms mentioned in the issue documents.
Crazy Snacks Ltd is engaged in the manufacturing and distribution of bakery products and packaged snacks, including breads, buns, cakes, rusks, namkeen, chips, popcorn and potato sticks. The company operates through multiple brands and serves consumers across its key markets in North India. The long-term sustainability of its business model may depend on factors such as consumer demand, product diversification, distribution efficiency, competitive conditions, input costs and regulatory developments.
The Crazy Snacks IPO consists of 74,94,000 equity shares with an aggregate issue size of up to ₹31.47 crore. The company has stated that the proceeds are proposed to be utilised for capital expenditure, repayment or pre-payment of certain borrowings, and general corporate purposes.
Pre-apply is a facility that allows investors to submit their IPO application before the issue opens for subscription. The application is generally processed once the IPO becomes available for bidding. The exact process may vary depending on the platform through which the application is submitted.
The lot size for the Crazy Snacks IPO is 3,000 shares. As per the issue details, retail investors are required to apply for a minimum of two lots, which translates to 6,000 shares. Applicants should review the issue documents and platform-specific requirements before placing their bids.
The tentative basis of allotment for the Crazy Snacks IPO is scheduled for July 1, 2026. The allotment process is subject to completion of regulatory and procedural requirements as outlined in the issue timeline.
KFin Technologies Limited has been appointed as the registrar to the Crazy Snacks IPO. The registrar is responsible for handling investor applications, allotment-related activities and communication regarding the issue.
No governance concerns or red flags have been indicated in the information provided. Applicants may review the company's prospectus for detailed disclosures related to its board, compliance practices, and management structure.
Investors can apply for the Crazy Snacks IPO through the ASBA facility offered by banks or through a registered stockbroker’s online platform. The process generally involves selecting the IPO, entering the desired quantity of shares, providing the required details, authorising the payment mandate and submitting the application within the subscription period.
Yes, a valid Demat account is required to apply for the Crazy Snacks IPO. Shares allotted in the IPO are credited electronically to the investor’s Demat account. Applicants should also have a trading account and a bank account linked to the application process.
Investors can check the allotment status after the basis of allotment is finalised. The status can typically be verified through the registrar’s website, stock exchange platforms, or the broker through which the application was submitted. If shares are allotted, they will be credited to the investor’s Demat account in accordance with the issue timeline.
Disclaimer :
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes. The securities are quoted as an example and not as a recommendation. Past performance is not necessarily a guide to future performance.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited
This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading