Crazy Snacks IPO GMP Day 3: Nil Grey Market Premium, Subscription at 0.1x on Final Bidding Day
- June 30, 2026
- Posted by: Ankit Jaiswal
- Category: IPO
Crazy Snacks IPO GMP Rs 0. Final day of subscription. Sub 0.1x. Price band Rs 39-42. Lot 3,000. Issue Rs 31.47 Cr. BSE SME. Closes today June 30.
The Crazy Snacks IPO GMP on Day 3, the final day of subscription, remains at Rs 0, with no grey market premium above the issue price of Rs 42. The Crazy Snacks IPO subscription has been running at approximately 0.1x overall, reflecting very weak demand across investor categories in the three-day bidding window. Today, June 30, 2026, is the last date to apply for the Crazy Snacks IPO. The nil Crazy Snacks IPO GMP alongside the 0.1x subscription indicates significant undersubscription heading into close.
The Crazy Snacks IPO is priced at Rs 39 to Rs 42 per share on the BSE SME platform with a lot size of 3,000 shares. Retail investors must apply for a minimum of 2 lots (6,000 shares), amounting to Rs 2,52,000. The Crazy Snacks IPO GMP of Rs 0 and low subscription suggest that even on the final day, institutional and retail demand remains subdued. The issue closes today and allotment is expected on July 1, 2026.
Investors considering last-day applications for the Crazy Snacks IPO should carefully evaluate the implications of nil GMP and 0.1x subscription. Both signals indicate limited market confidence in the valuation at Rs 42. A 0.1x subscription means the issue may not achieve full subscription even on the final day, which typically results in flat or below-issue-price listing performance.
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| IPO Particulars | Details |
|---|---|
| IPO Open Date | June 25, 2026 |
| IPO Close Date | June 30, 2026 (today – last day to apply) |
| Allotment Date | July 1, 2026 |
| Listing Date | July 3, 2026 (BSE SME) |
| Price Band | Rs 39 to Rs 42 per share |
| Lot Size | 3,000 shares (min 2 lots = 6,000 shares = Rs 2,52,000) |
| Issue Size | Rs 31.47 crore (74.94 lakh shares, fresh + OFS) |
| GMP Day 3 | Rs 0 (nil, flat listing at Rs 42 signalled) |
| Subscription Status | ~0.1x (significantly undersubscribed) |
| Lead Manager | Inventure Merchant Banker Services Pvt. Ltd. |
| Registrar | KFin Technologies Ltd. |
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Crazy Snacks Limited, incorporated in 1995 and headquartered in Gorakhpur, Uttar Pradesh, manufactures and distributes bakery products and packaged snacks including breads, buns, cakes, rusks, cookies, namkeen, chips, popcorn and potato sticks. Products are marketed under three brands: Crazy (economy), Bity (mid-range) and Baked Gold (premium), covering over 150 SKUs at price points from Rs 2 to Rs 170. The company operates two manufacturing facilities in GIDA Gorakhpur and has built a distribution network of approximately 2,045 distributors across North India with 347 employees. Revenue is concentrated in Uttar Pradesh and Bihar (approximately 99% in FY25). The nil Crazy Snacks IPO GMP and weak subscription reflect market concerns about geographical revenue concentration and valuation.
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Disclaimer: IPO GMP is an unofficial, unregulated indicator from the grey market and does not guarantee listing price or returns. Data in this article is sourced from publicly available information and may not be accurate. Please verify with NSE (nseindia.com) and BSE (bseindia.com) before investing. Investments in securities are subject to market risk. This is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Crazy Snacks IPO GMP
What is Crazy Snacks IPO GMP on Day 3?
Ans. Crazy Snacks IPO GMP on Day 3 (the final subscription day) is Rs 0 (nil). With the issue closing today on June 30, 2026, the nil Crazy Snacks IPO GMP combined with a 0.1x subscription suggests significant undersubscription and signals limited market confidence in the current valuation at Rs 42.
What is the Crazy Snacks IPO subscription status on Day 3?
Ans. The Crazy Snacks IPO subscription heading into the final day is approximately 0.1x overall, making it significantly undersubscribed. Even with final-day QIB and HNI flows, the issue appears unlikely to achieve strong oversubscription. Investors should factor the 0.1x subscription level and nil Crazy Snacks IPO GMP into their evaluation.
What is the Crazy Snacks IPO price and lot size?
Ans. Crazy Snacks IPO price band is Rs 39 to Rs 42 per share. The lot size is 3,000 shares, and retail investors must apply for a minimum of 2 lots (6,000 shares), requiring Rs 2,52,000 at the upper price band of Rs 42.
What does Crazy Snacks do?
Ans. Crazy Snacks Limited is a bakery and packaged food company from Gorakhpur, UP. It manufactures breads, buns, cakes, rusks, namkeen, chips, popcorn and potato sticks under the Crazy, Bity and Baked Gold brands. The company has 150+ SKUs, 2,045 distributors and 347 employees, with operations concentrated in Uttar Pradesh and Bihar.
Is today the last day to apply for Crazy Snacks IPO?
Ans. Yes. June 30, 2026, is the final day of the Crazy Snacks IPO subscription window. The issue opened on June 25, 2026, and closes today. Allotment is expected on July 1, 2026, with shares credited by July 2, 2026, and listing on BSE SME tentatively on July 3, 2026.
Should I apply for Crazy Snacks IPO on the final day given nil GMP and 0.1x subscription?
Ans. A nil Crazy Snacks IPO GMP and 0.1x subscription are both cautionary signals. An undersubscribed issue with no grey market premium frequently results in at-issue-price or below-issue-price listing. However, an undersubscribed SME issue also means retail applicants have high allotment probability if they do apply. Investors should evaluate the company’s limited geography (99% UP and Bihar), revenue consistency and valuation before deciding. Consult a SEBI-registered financial advisor.
