Creative Graphics Solutions India Limited (NSE SME)

Mar 28, 2024 - Apr 4, 2024

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Anchor Details

Name of Anchor	No. of Shares	% Portion	Amount (cr)
BOFA SECURITIES EUROPE SA- ODI	3,52,000	19.30%	2.99
PERSISTENT GROWTH FUND- VARSU INDIA GROWTH STORY SCHEME 1	3,52,000	19.30%	2.99
QRG INVESTMENTS AND HOLDINGS LIMITED	2,35,200	12.89%	2.00
ACINTYO INVESTMENT FUND PCC - CELL 1	2,35,200	12.89%	2.00
ASTRONE CAPITAL VCC - ARVEN	2,33,600	12.82%	1.98
ABSOLUTE RETURNS SCHEME	1,79,200	9.82%	1.52
FINAVENUE CAPITAL TRUST- FINAVENUE GROWTH FUND	1,18,400	6.49%	1.01
VIKASA INDIA EIF I FUND - INCUBE GLOBAL OPPORTUNITIES	1,18,400	6.49%	1.01
Total	18,24,000	100.00%	15.50

IPO Reservation

Investor Category	Shares Offered	No. of Shares
Retail	33.25	2128000
NII (HNI)	14.25	912000
QIB	19.00	1216000
Anchor	28.50	1824000
Market Maker	5.00	320000
Total	100	6400000

Creative Graphics Solutions India Limited, formerly known as Tanushii Industries Private Limited, has been a pioneering force in the manufacturing of flexographic printing plates since its establishment in 2014. With a comprehensive product line including Digital Flexo Plates, Conventional Flexo Printing Plates, and more, the company caters to diverse printing needs with unmatched quality and precision. Bolstered by its subsidiaries, Creative Graphics Premedia Private Limited and Wahren India Private Limited, the company extends its offerings to encompass premia services and specialized packaging solutions for the pharmaceutical industry, respectively. With a robust network of seven manufacturing facilities strategically located across India, Creative Graphics Solutions India Limited continues to serve a broad clientele spanning the domestic market and international territories, including Africa, Thailand, Qatar, Kuwait, and Nepal. Boasting a dedicated workforce exceeding 400 employees as of March 2024, the company remains committed to innovation, excellence, and customer satisfaction in the dynamic landscape of printing and packaging solutions.

Company Financials

Period	30 Sep 2023	Mar 2023	Mar 2022	Mar 2021
Assets	10,031.29	6,600.07	4,497.40	3,471.15
Revenue	4,845.69	9,178.34	6,868.33	4,804.34
Profit	724.07	864.15	465.05	227.97
Net Worth	2,550.90	1,872.75	1,008.60	543.55
Reserves	2,400.91	1,797.75	933.60	468.55
Borrowing	4,499.90	2,290.52	950.57	894.64
Amount in ₹ Lakhs

Strength Factors

Advanced Technology Integration: The company's proficiency in utilizing advanced technology equips it to stay ahead in the industry. This allows for efficient production processes, superior quality control, and innovative product development, ensuring they remain competitive.

Extensive Manufacturing Presence: With seven strategically located manufacturing units across India, the company benefits from a widespread operational footprint. This not only facilitates efficient distribution and reduced logistics costs but also enhances their ability to cater to diverse regional markets effectively.

Diverse Product Portfolio: Creative Graphics Solutions India Limited boasts a diverse product portfolio, including Digital Flexo Plates, Conventional Flexo Printing Plates, and more. This diversity not only widens their market reach but also mitigates risks associated with dependence on a single product line.

Risk Factors

Exposure to Subsidiary Default: The corporate guarantees provided by the company for the loans of its subsidiary, Wahren India Private Limited, expose it to the risk of financial loss in the event of default by the subsidiary. Such defaults could potentially strain the company's financial resources and affect its liquidity position.

Dependency on Promoter/Directors' Guarantees: Reliance on the mortgaged properties and personal guarantees of the promoter/directors to secure loan facilities poses a risk, as any revocation or invocation of these guarantees could lead to the need for alternative arrangements or repayment of outstanding amounts. This could potentially impact the company's financial stability and operational continuity.

Vulnerability to Unsecured Loan Demands: The availing of unsecured loans, repayable on demand, exposes the company to the risk of sudden repayment requests from lenders. Such demands could strain the company's cash flow and financial condition, potentially leading to liquidity challenges or disruptions in business operations.

Asset Encumbrance: The charging of fixed assets and book debts by lenders as security for finance availed by the company restricts its ability to utilize these assets for other purposes. In the event of default or failure to meet obligations, lenders may enforce their security interests, potentially resulting in asset seizure or loss of control over essential resources, affecting the company's operations and financial health.

Creative Graphics Solutions India IPO Lead Manager(s)

• Corporate Capitalventures Pvt Ltd

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html