Crazy Snacks IPO made its stock market debut on July 3, 2026, with the shares listing at a premium on the BSE SME platform. Following the listing, the stock extended its gains during the trading session.
Crazy Snacks shares listed at ₹44 per share on the BSE SME platform, representing a 4.76% premium over the IPO issue price of ₹42 per share.
After listing, the stock continued to gain and touched an intraday high of ₹46.20, reflecting a gain of 10% over the issue price.
The listing exceeded expectations indicated by the grey market. Ahead of the listing, the grey market premium (GMP) stood at ₹0 per share, implying an expected listing around the issue price of ₹42.
As of July 3, 2026, at 11:12 AM, Crazy Snacks share price was trading at ₹46.00 each on the BSE SME, up 4.55% from its listing price of ₹44.00 and 9.52% above its IPO issue price of ₹42.00.
The stock touched an intraday high of ₹46.20 and a low of ₹44.00. The volume weighted average price (VWAP) stood at ₹44.13, while the company's full market capitalisation was ₹106.64 crore.
The IPO was subscribed 1.20 times during the June 25 to June 30, 2026, bidding period.
Among investor categories:
Qualified Institutional Buyers (QIBs): 4.75 times
Retail Individual Investors (RIIs): 1.24 times
Non-Institutional Investors (NIIs): 1.08 times
The basis of allotment for the issue was finalised on July 1, 2026.
Crazy Snacks IPO was a book-built issue aggregating ₹31.47 crore. The offering comprised a fresh issue of 0.60 crore shares worth ₹25.20 crore and an offer for sale (OFS) of 0.15 crore shares worth ₹6.28 crore.
The company fixed the final issue price at ₹42 per share. The lot size was 3,000 shares, while the minimum investment required for a retail investor applying for 2 lots (6,000 shares) was ₹2,52,000.
The company plans to utilise the net proceeds as follows:
₹9.92 crore for capital expenditure on machinery, equipment and infrastructure enhancement at its existing manufacturing facility.
₹5.71 crore towards repayment or prepayment of certain borrowings.
₹6.27 crore for general corporate purposes.
₹4.12 crore towards issue-related expenses.
Crazy Snacks Limited manufactures bakery products and a range of snack foods, including namkeens, chips, popcorn and potato sticks.
The company markets its products under Crazy, Bity, and Baked Gold brands, catering to different customer segments. It offers more than 150 products priced between ₹2 and ₹170 and primarily serves customers across North India.
Crazy Snacks shares debuted on the BSE SME platform at a premium to the issue price and traded higher during the listing session. The company raised ₹31.47 crore through its IPO and intends to utilise the proceeds for capacity expansion, debt repayment, general corporate purposes, and issue-related expenses.
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Published on: Jul 3, 2026, 11:32 AM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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