Creative Graphics Solutions Skyrockets on Debut, Surpasses Issue Price by 106%!Creative Graphics Solutions Skyrockets on Debut, Surpasses Issue Price by 106%!

Creative Graphics Solutions India’s shares soared in their NSE SME debut, launching at ₹175, a striking 105.88% above the issue price of ₹85. The company’s stock opening marked a remarkable entry, significantly surpassing expectations on its first trading day.

Ending on April 4, Creative Graphics Solutions India’s IPO, which began on March 28, closed with a price range of ₹80-₹85 per share. Its lot size comprised 1,600 shares, and on the final day, it was subscribed an impressive 201.86 times.

Creative Graphics Solutions, specialising in flexographic printing plates, serves clients in India and abroad. It owns two subsidiaries: Creative Graphics Premedia, offering media services, and Wahren India, focusing on pharmaceutical packaging solutions like Alu-Alu Foil and Blister Foil.

Creative Graphics Solutions aims to allocate IPO funds for working capital (INR 15 cr), debt repayment (INR 11 cr), capital expenditure (INR 10 cr), acquisitions (INR 5 cr), and corporate purposes.