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Crayons Advertising Limited IPO

Crayons Advertising Limited was a SME IPO in the Advertising & Media Agencies sector, offered at ₹62–₹65 per share to raise ₹42 crore. It listed on 2 Jun 2023 at ₹90 and closed its first day at ₹94, a listing gain of +45.4% versus the ₹65 issue price. It now trades around ₹26 (-59.2% versus the issue price).

Frequently asked questions

What were the Crayons Advertising Limited IPO listing gains?
Crayons Advertising Limited listed on 2 Jun 2023 at ₹90, closing its first day at ₹94 — a listing gain of +45.4% versus the ₹65 issue price.
What was the price band and lot size of the Crayons Advertising Limited IPO?
The price band was ₹62–₹65 per share, with a minimum lot of 2,000 shares (₹1,30,000 at the upper band).
Who were the registrar and lead manager for the Crayons Advertising Limited IPO?
Skyline Financial Services Private limited was the registrar, and Corporate Capital Ventures was the book-running lead manager.