About the Company:
Creative Graphics Solutions Ltd is a pre-press company, engaged in the manufacturing of flexographic printing plates including Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates.
Company is serving the customers across India as well as outside India namely African Countries, Thailand, Qatar, Kuwait and Nepal.
Company delivers quality flexo plates with its state-of-the-art technology and equipments which meet the requirements of modern day flexo printing processes.
Company caters to various leading FMCG Companies in india such as ITC, TATA Consumers, MARS, Cavin Kare, Haldiram, Dabur India, KRBL, Himalaya, Hamdard Laboratories, and many more.
Different types of Flexographic Printing Plates:
- Digital Flexo Printing Plates.
- Conventional Flexo Printing Plates.
- Letter Press Plates.
- Metal Back Plates.
- Coating Plates.
Company’s End use wise Revenue bifurcation: (Amount in Thousands)
Company has 2 (two) wholly owned subsidiaries, which are: –
- Creative Graphics Premedia Private Limited.
- Wahren India Private Limited.
Creative Graphics Premedia Private Limited.
CG Premedia is an end-to-end provider of premedia services, from design adaptation to print production. CG Premedia collaborate and strategize directly with various brands to provide our services in artwork, prepress, mock-ups and 3 D packshots.
CG Premedia is an integrated studio that combines all the activities together to help bring life to a company’s brand and ultimately fuel sales.
The company was incorporated in the year December 2021 and in a short span it had served various well known corporate houses such as ITC, TATA Consumers, MARS, Cavin Kare, Haldiram, Dabur India, KRBL, Himalaya, Hamdard Laboratories, and many more.
Wahren India Private Limited:
Wahren is a diversified arm of Creative Graphics group, we incorporated Wahren India Private Limited on May 24, 2022 with intent to provide high-quality packaging solutions for the pharmaceutical industry.
Wahren India is primarily dedicated to production of Alu-Alu Foil, Blister Foil, Tropical Alu-Alu Foil, CR Foil, Pharmaceutical Sachet.
Company’s Manufacturing Facilities:
Creative Graphics was incorporated in the year December, 2014, within a reasonable span of time, our company had setup 7 manufacturing units in different states i.e., Noida, Uttar Pradesh since inception of the company, Vasai, Mumbai (2014), Chennai (2017), Bmaddi Himachal Pradesh (2018), Hyderabad (2018), Ahmedabad (2021) and Pune 2022.
At our manufacturing units, we have installed in-house state-of-the-art plate making system equipped with advanced machinery of DuPont, Kodak, Esko which is specially imported from Germany & Canada.
Company’s in-house manufacturing facility helps us to efficiently handle the whole manufacturing process and also, to minimize the processing cost. Additionally, we possess high quality machines.
Company has been certified with various ISO Certification as follows:
- ISO 9001:2015 for the quality management system.
- ISO 14001:2015 for the environmental management system.
- ISO 45001:2018 for the occupational health & Safety management system.
Company’s Installed Capacity and Actual Production: (Capacity in “lacs” cm²)
Strategic Acquisitions done by the Company:
As part of Inorganic Growth company has acquired the running businesses, which provide the edge to the company for the new geographies and also helps in removal of our competitors.
Color Dot Madras Pvt Ltd (Chennai Unit)
In 2017, Company has acquired the running business of Color Dot Madras Private Limited by way of slum sale agreement.
This acquisition was part of our expansion plan. As Colour Dot was an established name in southern part of the country, this acquisition opened the doors for the southern market for us.
The Chennai unit contributed a 6.60% of our total portion in our total revenue from operations in 2022-23.
Bwin Digiflex Pvt Ltd Himachal Pradesh)
Further, in similar manner our company in 2018 has acquired Bwin Digiflex in Baddi (Himachal Pradesh), which provided the new geographies for our company in Himachal Pradesh.
The Baddi unit contribute a significant portion in our total revenue from operations. In 2022-23 the revenue from the Baddi unit is 972.39 lacs which is 10.78% of our total revenue.
Company has Long-Term Supply Agreements with Suppliers:
Company’s long-term agreements with global suppliers like Dupont, ESKO, Kodak which confer the significant competitive advantages.
Such arrangements ensure price stability, bolster supply chain reliability, and drive cost efficiencies, thus enhancing the company’s cost competitiveness. Additionally, it fosters strategic supplier relationships, potentially leading to collaborative innovations and preferential treatment.
Company has long-term agreement with some of the global suppliers such as:
- Performance Specialty Products (India) Pvt. Ltd. (Group Company of Dupont)
- Miraclon India Pvt. Ltd.
- Cookson India Pvt. Ltd
Company’s Top 10 Clients:
Management Team:
- Deepanshu Goel (Designation: Managing Director)
- Sarika Goel (Designation: Director)
Objectives of the Issue:
Fresh Issue: (Rs.54.4 cr)
- To meet out the working capital requirements of our company “Creative graphics”.
- Repayment/prepayment, in part or full, of certain of our borrowings.
- To meet out the capital expenditure of our company “Creative Graphics”.
- To meet out inorganic growth through unidentified acquisition for company.
- General Corporate Expenses.
Fund Utilization:
| Particulars | Amount (Rs. in Crores) |
|---|---|
| To meet out the working capital requirements of our company “Creative graphics” | 15 cr |
| Repayment/prepayment, in part or full, of certain of our borrowings | 11 cr |
| To meet out the capital expenditure of our company “Creative graphics” | 10 cr |
| To meet out the inorganic growth through unidentified acquisition for company* | 5 cr |
Peer Group Comparison:
We believe that none of the listed companies in India offer exclusively the flexographic plates offered by Creative Graphics Solutions Ltd. Hence a strict comparison is not possible.
Positives for the Company:
Futuristic Infrastructure and Modern-Day Technology.
- Company has installed state of the art plate making system from DuPont, Germany, and have brilliant technical expertise in this field which enable us to manufacture highly sophisticated flexo plates for the printing industry.
- This in-house manufacturing facility helps company to efficiently handle the whole manufacturing process and also, to minimize the processing cost.
- Company delivers high quality flexo plates with its state-of-the-art technology and equipments to meet the requirements of modern day flexo producing processes.
Financials of the Company:
| (in Crores) | FY 21 | FY 22 | FY 23 | Upto 30th Sept 23 |
|---|---|---|---|---|
| Revenue | 48.0 | 68.68 | 91.78 | 48.45 |
| Net Profit | 2.2 | 4.6 | 8.6 | 7.2 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 28th March 2024 |
| Issue Closes on | 4th April 2024 |
| Issue Price | Rs.80-85 |
| Face Value | Rs.10 |
| Minimum Lot | 1600 Shares |
| Minimum Investment | Rs.1,36,,000 |
| Issue Constitutes | 26.35 % |
| Issue Size | Rs.54.4 cr |
| Market Cap | Rs. 206 cr |
| Listing at | NSE SME |
| Equity Shares Offered (Fresh) | 64,00,000 |
| Equity Shares Prior to the Issue | 1,78,86,000 |
| Equity Shares after the Issue | 2,42,86,000 |
Also Read : List of Upcoming IPO’s in India.
Also Read: List of Upcoming SME IPO’s in India.
Important Dates:
| Finalization of Basis of Allotment | on or Before 5th April 2024 |
| Initiation of Refunds | on or Before 8th April 2024 |
| Credit of Equity Shares: | on or Before 8th April 2024 |
| Listing Date: | on or Before 9th April 2024 |
| Should You Subscribe or Not ? |
|---|
| Creative Graphics Solutions Ltd specializes in manufacturing flexographic printing plates, offering a range of products including Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates.
With a focus on quality and innovation, the company serves prominent FMCG companies in India such as ITC, TATA Consumers, MARS, Cavin Kare, Haldiram, Dabur India, KRBL, Himalaya, Hamdard Laboratories, among others. The upcoming IPO of Creative Graphics Solutions Ltd presents an opportunity for investors, as suggested by Markets Guruji. With its established clientele and reputation for delivering high-quality printing solutions, the company is well-positioned for growth in the expanding FMCG sector of India. Investing in this IPO could provide investors with exposure to a company operating in a niche market with significant potential. With its strong market presence and promising future prospects, Creative Graphics Solutions Ltd’s IPO is one to consider for investors seeking opportunities in the printing and packaging industry. |
| Company Contact Info: |
|---|
| Creative Graphics Solutions Ltd 3F-305, Third Floor, SSG East Plaza, Plot No. 1&2,Mamram Complex, Mayur Vihar Phase-3, Near SFS Flats, Pocket-C, Delhi-110096 Tel: +91 – 96500 91103 E-mail: cs@creativegraphics.net.in Website: https://creativegraphics.net.in/home/ |
| Registrar to the Issue: |
|---|
| BIGSHARE SERVICES PRIVATE LIMITED Office No. S6- 2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093, India. Tel No.: +91 – 22 – 6263 8200 E-mail: ipo@bigshareonline.com Website- www.bigshareonline.com |
| Lead Manager to the Issue: |
|---|
| CORPORATE CAPITALVENTURES PRIVATE LIMITED B1/E13, First Floor, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi – 110044, Tel: +91 11 – 41824066; Email: smeipo@ccvindia.com Website: www.ccvindia.com |
| Check IPO Allotment Status: |
|---|
Bigshare: http://www.bigshareonline.com/IPO/Allotment
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