Crazy Snacks IPO
FMCG • ₹31.47 Cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- SME listing with thinner post-listing liquidity
- The company is significantly dependent on a few product categories for its revenue. Sales …
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹42
Issue Size
₹31.47 Cr
Open
25 Jun 2026
Close
30 Jun 2026
Subscription
1.20×
IPO Schedule
| Issue Open Date | 25 Jun 2026 |
| Issue Close Date | 30 Jun 2026 |
| Allotment Date | 01 Jul 2026 |
| Listing Date | 02 Jul 2026 |
About Crazy Snacks
Crazy Snacks Limited is engaged in the manufacturing and sale of bakery products and snack foods. The company’s product portfolio includes bread, buns, cakes, rusks, namkeen, chips, popcorn, and potato sticks, with products offered under the brands Crazy, Bity, and Baked Gold. As of the prospectus date, the company offers around 150 bakery products and, through its subsidiary Crazy Bakery Udyog Private Limited, around 147 snack products across different price ranges. The company primarily operates in the states of Uttar Pradesh and Bihar. It has two manufacturing facilities and distributes its products across North India. The company’s distribution operations are supported by a fleet of 35 vehicles, enabling the supply of bakery and snack products to both urban and rural markets.
Company Details
Founders / Promoters
Mr. Navin Kumar Agarwal
Founded
1995
Registrar
KFin Techologies Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Crazy Snacks — IPOFins Verdict
QuantitativeDriven by QIB demand at 4.8x and moderate disclosed risk (6/10), Crazy Snacks listed at a premium of 4.8% to its issue price. SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
- The company has a diversified product portfolio comprising 297 products across bakery and snack categories through Crazy Snacks Limited and its subsidiary, Crazy Bakery Udyog Private Limited. Its offe
- Crazy Snacks operates across a wide pricing spectrum, with products priced between Rs 2 and Rs 170. This allows the company to serve both value-conscious consumers and customers seeking relatively pre
- The company is ISO 22000:2018 certified for food safety management systems and also holds FSSAI and Legal Metrology registrations. These certifications and registrations indicate compliance with recog
- The company claims to use modern production technology and quality control processes across its manufacturing operations. It states that quality checks are conducted at various stages of production to
- The company claims to have an integrated packaging and distribution setup. It owns packaging machinery and has a dedicated distribution fleet, which, according to the company, helps maintain greater c
Score breakdown — what drove this verdict
Moderate risk from DRHP → score -0.4
Institutional subscription → score +1.0
Actual listing outcome → score +0.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹42
Listing Price
₹44
Listing Gain/Loss
+4.76%
Listing Date
02 Jul 2026
Price Since Listing
Returns are measured against the ₹42 issue price.
Listing
₹44
+4.8%
1 Week
₹46.25
+10.1%
Current
₹59.01
+40.5%
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FAQ
What is the price band of Crazy Snacks IPO?
The price band is ₹42 per share with a lot size of 0 shares.
What does Crazy Snacks do?
Crazy Snacks Limited is engaged in the manufacturing and sale of bakery products and snack foods. The company’s product portfolio includes bread, buns, cakes, rusks, namkeen, chips, popcorn, and potato sticks, with products offered under the brands Crazy, Bity, and Baked Gold. As of the prospectus date, the company offers around 150 bakery products and, through its subsidiary Crazy Bakery Udyog Private Limited, around 147 snack products across different price ranges. The company primarily operates in the states of Uttar Pradesh and Bihar. It has two manufacturing facilities and distributes its products across North India. The company’s distribution operations are supported by a fleet of 35 vehicles, enabling the supply of bakery and snack products to both urban and rural markets.
Should I apply for Crazy Snacks IPO?
Crazy Snacks listed at ₹44 (+4.8% premium to the ₹42 issue price) after 1.2x subscription. IPOFins Score 6/10: Driven by QIB demand at 4.8x and moderate disclosed risk (6/10), Crazy Snacks listed at a premium of 4.8% to its issue price. SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
Who founded Crazy Snacks?
Crazy Snacks was founded by Mr. Navin Kumar Agarwal in 1995.