Creative Graphics Solutions India Limited manufactures flexographic printing plates & related solutions. The promoters of Company are Mr. Deepanshu Goel and Mrs. Sarika Goel. Company had setup 7 manufacturing units in different states i.e., Noida, Uttar Pradesh since inception of the company, Vasai, Mumbai (2014), Chennai (2017), Baddi Himachal Pradesh (2018), Hyderabad (2018), Ahmedabad (2021) and Pune 2022 to cater closely to client needs.
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.
Global Flexographic Printing Plates Market size was valued at USD 696.57 million in 2021 and is poised to grow 751.39 million in 2022 to 1259.85 million by 2030, growing at a CAGR of 7.8% in the forecast period (2023-2030).
Flexographic printing uses non-toxic inks and dries quickly. It is now feasible for printing on food packaging due to these considerations. It can be applied to disposable cups and containers as well as packaging like milk cartons, food and
beverage containers, and food and beverage containers.
Flexography can be used to print medicine packaging and other medical supplies since the correct ink makes it food-safe. It can be applied to cardboard packaging, plastic, foil wrappers, and sanitary bags. It is the ideal technique for printing on the brown corrugated boxes used in shipping and storage businesses since it can print on a wide range of substrates and surfaces. Flexographic printing is useful when printing on rolls of material used for plastic and paper bags since it may be done on flexible, non-rigid materials. It is the ideal option for commercial converters who produce printed plastic and paper bags.
Clients: ITC, TATA Consumers, MARS, Cavin Kare, Haldiram, Dabur India, KRBL, Himalaya, Hamdard etc.
company is serving the customers across India as well as outside India namely African Countries, Thailand, Qatar, Kuwait and Nepal.
The Net Proceeds are proposed to be utilized in the manner set forth below for the objectives of the IPO:
Particulars
Amount
Repayment/prepayment, in part or full, of certain of our borrowings
1,10,000.00
To meet out the capital expenditure of our company “Creative graphics”
1,00,000.00
To meet out the inorganic growth through unidentified acquisition for company*
50,000.00
General Corporate Expenses
[●]
The end use wise revenue bifurcation
Particular
Amount(FY 22-23)
%age
Amount(FY 21-22)
%age
Amount(FY 20-21)
%age
Labels
3,49,225.61
38.39
2,86,809.36
41.99
2,16,957.00
45.60
Corrugated
3,20,574.55
35.24
2,06,585.20
30.24
1,29,665.95
27.25
Flexible Packaging
1,69,841.39
18.67
1,39,164.91
20.37
93,475.13
19.65
Offset
30,815.34
3.39
23,249.64
3.40
15,929.65
3.35
Bag
26,424.29
2.90
18,013.07
2.64
10,365.16
2.18
Paper-cups
12,774.53
1.40
9,288.73
1.36
9,376.20
1.97
Total
9,09,655.72
100.00
6,83,110.92
100.00
4,75,769.09
100.00
When the market for eco-friendly packaging increases and becomes more widely accepted, flexographic printing plates will be more in demand.
Company posted good growth in its top and bottom lines for the reported periods.
Trust Fintech IPO is being offered at a PE of 24x (2023 earnings) and 14.3x ( 2024 annualized earning) .
I intend to apply in Creative Graphics Solutions IPO subject to availability of funds. Issue appears good and is det to benefit as it is environmental friendly option.
GMP as reported on social media has been Rs.40.
Corporate Capitalventure is the Lead Manager with a good record. Past issues handled by them include Trust Fintech, Esconet Technologies, Alpex Solar Limited, Accent Microcell Limited, Rockingdeals Circular Economy, Oriana Power Limite, Crayons Advertising Limited, Droneacharya Aerial Innovations Limited, Annapurna Swadisht Limited, Rajnandini Metal Limited, Swastik Pipe Limited, Uma Exports Limited, Phantom Digital Effects Limited, Nupur Recyclers etc. ,
SME IPO are much more risky and volatile than mainboard IPOs.
Standard disclaimer: I am not a SEBI registered analyst and above analysis is for educational purpose only. Iam a postgraduate in engineering & Management . I have in the past cleared some exams like NISM-Series-V-A: Mutual Fund Distributors Certification, NISM-Series-X-A: Investment Adviser (Level 1) Certification and NISM-Series-X-B: Investment Adviser (Level 2) Examination. This post is my view on the subject matter and is only academic and exploratory in nature. It is not meant to influence investment decisions of investors. I may have bias/vested interest in covered Stock/Mutual Funds/NCD etc. due to my own investment or leaning. Further my understanding of the areas on which I write may be imperfect or incomplete and data could be wrong due to limited time and resources at my disposal. Do check the data from company’s RHP and exchanges before making any decision. Please do your own due diligence as stock market/MF investments have high degree of inherent risk.
