Crazy Snacks Ltd. IPO

Crazy Snacks Limited offers a wide range of bakery products to meet the everyday needs of Indian consumers. Our portfolio includes bread, buns, cakes, and rusks, with 150 products priced between ?2 and ?170. We focus on providing affordable, high-quality options that cater to different tastes, ... making our products a reliable choice for households. Our rusks, produced under both Crazy Snacks and Crazy Bakery Udyog, are a key part of our range, offering a convenient snack for customers. In our subsidiary, Crazy Bakery Udyog Private Limited, we specialise in a variety of snacks, including namkeen, chips, popcorn, and potato sticks, with 147 products priced between ?2 and ?150. We aim to offer snacks that blend traditional and new flavours to suit different preferences. With a strong presence in North India, we ensure our products are widely available to meet the snacking needs of customers. We primarily operate in Uttar Pradesh and Bihar, which together account for nearly 97% of our consolidated revenue from operations in FY2024, highlighting their importance to our business. Our two manufacturing facilities are strategically located to serve customers effectively across these regions. Our extensive distribution network consisting of more than 1795 distributors helps us in covering urban and rural areas of North India extensively.  Read more

As of 2024, revenue in the food market amounts to $10.07 trillion, with the market expected to grow at a compound annual growth rate (CAGR) of 6.53% annually through 2028. The food market's largest segment is confectionery & snacks, with a market volume of $1.77 trillion. The value of the ... supermarket industry surged at a compound annual growth rate (CAGR) of 8.3% to grow from $1.635 trillion in 2023 to $1.769 trillion in 2024. This growth can be attributed to shifts in consumer behaviours, growing urbanization, increasing disposable incomes, and more emphasis on convenience and private-label products. Further development forecasts will push the market to reach $2.405 trillion by 2028, staying on pace with a consistent CAGR of 8%.  Read more