Crayons Advertising Limited IPO is set to launch on 22 May, 2023. The company initiated its business operations in 1986. The company is involved in the business of communications and integrated marketing. It has a 360 degree solutions base to offer to all its clients. The company has expanded its business reach for more than 36 years based on its experience. Its services include brand marketing strategy, world class creatives, pragmatic offline and online planning and buying, virtual and on ground activation capability, digital marketing, design solutions and others.
The company has an end to end solution platform of AD-Tech communication. The purpose for it is to advertise through events, brand strategy, PPH Media Services, print media, digital media etc. The services are given through numerous advertisement modes such as Brochures, Newspapers, Television channels, magazines, Hoardings, OOH Media etc.
Crayons Advertising Limited IPO DETAILS
Crayons Advertising Limited IPO is set to launch on 22 May., 2023. The subscription timeline extends till 25 May, 2023. The size for the IPO is 41.80 Crore Rs. Shares issued through fresh issue mode are worth 41.80 Crore Rs. No Shares are issued through offer for sale mode. The lot size is 2000 shares and the price is 62 to 65 Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a Book Built issue. The registrar for the company is Skyline Financial Services Private Limited.
Tabular Description of Crayons Advertising Limited IPO
| IPO OPENING DATE | 22 May ., 2023 |
| CLOSING DATE FOR IPO | 25 May, 2023 |
| ISSUE TYPE | Book Built Issue |
| Face Value per share | 10 Rs. per share |
| IPO price band | 62 to 65 Rs per share |
| LOT SIZE | 2000 shares |
| MINIMUM ORDER QUANTITY | 2000 shares |
| ISSUE SIZE | 41.80 Crore Rs. |
| OFFER FOR SALE | No shares are issued through offer for sale mode. |
| FRESH ISSUE | 41.80 Crore Rs. |
| LISTING AT | NSE SME |
| LISTING DATE | 2 June, 2023 |
Crayons Advertising Limited IPO : IMPORTANT DATES
| IPO OPENING DATE | 22 May., 2023 |
| CLOSING DATE FOR IPO | 25 May., 2023 |
| IPO ALLOTMENT DATE | 30 May., 2023 |
| REFUNDS | 31 May., 2023 |
| DEMAT A/C CREDITED ON | 1 June., 2023 |
| IPO LISTING DATE | 2 June., 2023 |
Crayons Advertising Limited IPO begins for subscription from 22 May., 2023. The IPO subscription would continue till 25 May., 2023. The allotment status for the shareholders who applied would come on 30 May., 2023. The refunds for the ones who did not get allotment would be initiated on 31 May., 2023. The DEMAT accounts of shareholders would be credited on 1 June., 2023. The listing of the company would be accompanied on 2 June., 2023.
Crayons Advertising Limited IPO : Lead Managers
The lead managers are :
- Corporate Capital Ventures Private Limited
The minimum lot size for the company is decided at 2000 shares. This holding accounts to 130000 Rs.. The maximum lot size is decided at 4000 shares (HNI). This amounts to 260000 Rs.. Hence the company’s final holdings would be set as :
| Shares | Amount | |
| Minimum | 2000 shares | 130000 Rs. |
| Maximum | 4000 shares | 260000 Rs. |
OBJECTIVES FOR THE IPO
- IPO proceeds would be used for general corporate purposes.
- The Issue proceeds will be utilised for fulfilling the working capital requirements.
COMPANY FINANCIALS
| Particularly (in Lakh Rs.) | 2019-20 | 2020-21 | 2021-22 |
| ASSETS | 13218 | 10664 | 12725 |
| Revenue | 16367 | 10661 | 19404 |
| PAT | 116 | 12 | 162 |
Crayons Advertising Limited had an asset base of 13218 Lakh Rs in 2020 which decreased to 10664 Lakh Rs in 2021 due to COVID. In 2022 the same was at 12725 Lakh Rs. The revenue of the firm was 16367 Lakh Rs in 2020 which decreased to 10661 Lakh Rs in 2021 and then went on to 19404 Lakh Rs in 2022. The firm had earned a profit of 116 Lakh Rs in 2020, 12 Lakh Rs in 2021 and 162 Lakh Rs in 2022.
PROS
- It has a 360 degree solutions base to offer to all its clients. The company has expanded its business reach for more than 36 years based on its experience.
- Its services include brand marketing strategy, world class creatives, pragmatic offline and online planning and buying, virtual and on ground activation capability, digital marketing, design solutions and others.
- The company has an end to end solution platform of AD-Tech communication. The purpose for it is to advertise through events, brand strategy, PPH Media Services, print media, digital media etc. The services are given through numerous advertisement modes such as Brochures, Newspapers, Television channels, magazines, Hoardings, OOH Media etc.
CONS
- The company works into a very competitive segment.
Crayons Advertising Limited IPO APPLICATION PROCESS WITH ZERODHA
It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :
- Logging into Zerodha console through its website or KITE platform.
- Clicking the IPO link present in the Portfolio section.
- Click the Crayons Advertising Limited IPO button and press the BID button.
- Entering the details asked for like UPI ID, Quantity and price.
- Submit the application form for the IPO.
- Visiting the application of UPI for approving the transaction.
Now, applying for an IPO online is possible with most of the Discount and online brokers.
