Crazy Snacks IPO Opens Tomorrow: Price Band Fixed At ₹39-₹42, Issue Size At ₹31.47 Crore

Mumbai, June 24: Investors looking at upcoming SME public issues will have a new offering to track this week as the Crazy Snacks IPO is scheduled to open for subscription on June 25, 2026. The book-built issue aims to raise ₹31.47 crore and will remain open for bidding until June 30, 2026.

The IPO comes at a time when investor interest in SME offerings continues to remain active, with market participants closely monitoring subscription trends and listing performance across new issues. Crazy Snacks will seek to attract retail, high-net-worth and institutional investors through its public offering, with shares proposed to be listed on the BSE SME platform.

The company has fixed the price band at ₹39 to ₹42 per share, while investors can apply for a minimum of 6,000 shares, requiring an investment of ₹2.52 lakh at the upper end of the price band.

Crazy Snacks IPO Details

The IPO is a book-built issue aggregating ₹31.47 crore.

Issue Structure

• Fresh Issue: 56,21,000 equity shares aggregating up to ₹25.20 crore

• Offer For Sale: 14,95,000 equity shares aggregating up to ₹6.28 crore

The total issue size comprises 74,94,000 equity shares, including shares reserved for the market maker.

The company has appointed Inventure Merchant Banker Services Pvt. Ltd. as the book-running lead manager, while KFin Technologies Ltd. is acting as the registrar to the issue.

Price Band and Lot Size

Crazy Snacks IPO has been priced in the range of ₹39 to ₹42 per share.

Investors will be required to bid for a minimum of 2 lots comprising 6,000 shares. At the upper price band of ₹42, the minimum application amount works out to ₹2,52,000.

For high-net-worth investors, the minimum application size starts at 9,000 shares, requiring an investment of ₹3,78,000.

Why Investors Will Watch The Subscription Trend

With the issue opening tomorrow, the focus will shift quickly to subscription numbers across investor categories.

Market participants generally track demand from retail investors, non-institutional investors and qualified institutional buyers to gauge sentiment towards an IPO. Since SME offerings often witness significant bidding activity during the final days, subscription trends throughout the issue period will be closely monitored.

The first day of bidding is expected to provide an initial indication of investor appetite for the offering, while stronger participation later in the issue period could influence overall subscription levels.

Crazy Snacks IPO Reservation

As per the issue structure:

• QIB Portion: Not more than 50% of the net offer
• Retail Portion: Not less than 35% of the net offer
• NII Portion: Not more than 15% of the net offer

The company has also reserved a portion of the issue for the market maker.

Important Dates

• IPO Opens: June 25 2026
• IPO Closes: June 30 2026
• Tentative Allotment: July 1 2026
• Refund Initiation: July 2 2026
• Credit of Shares: July 2 2026
• Tentative Listing Date: July 3 2026

About The Company

Crazy Snacks is entering the public market through a combination of a fresh issue and an offer for sale. The fresh issue proceeds are expected to support the company’s business requirements and growth plans, while the offer for sale provides an exit opportunity for existing shareholders.

Conclusion

With subscription set to begin on June 25, Crazy Snacks IPO will be among the closely watched SME offerings this week. Investors will assess the pricing, issue structure and early subscription response to determine overall demand for the public issue before bidding closes on June 30.

Source:

• https://www.chittorgarh.com/ipo/crazy-snacks-ipo/2133/