The IPO of Crazy Snacks will open for subscription on Thursday, with the company looking to raise Rs 31.47 crore through a combination of a fresh issue and an offer for sale. Ahead of the issue opening, the company's shares commanded no premium in the grey market, indicating a muted listing outlook.
The IPO comprises a fresh issue of 60 lakh shares worth Rs 25.20 crore and an offer for sale (OFS) of 14.95 lakh shares aggregating to Rs 6.28 crore. The issue is priced in the Rs 39-42 per share band and will close on June 30. The shares are proposed to be listed on the BSE SME platform on July 3.
