Creative Graphics announces SME IPO

Creative has appointed Corporate Capital Ventures as the lead manager to drive the SME public issue.

Creative Graphics Solutions was founded in 2001 by Deepanshu Goel, a first-generation entrepreneur. The company operates with a diversified business model with an integrated packaging ecosystem. This ecosystem comprises flexo plates used for sustainable printing on flexible materials, end-to-end pre-media services (provided through its subsidiary, CG Premedia), and an innovative portfolio of packaging solutions for pharmaceutical companies (provided through another subsidiary, Wahren India).

Creative Graphics Solutions caters to a range of FMCG players, including Johnson & Johnson, Tata Chemicals, Dabur, Himalaya, ITC, Mother Dairy, Amul, LG, MARS, and Patanjali.

According to Goel, Creative's founder and managing director, the company is one of the few niche and organised players in an industry segment currently experiencing accelerated growth. He quoted a Kantar study which states that FMCG spending per household is expected to touch Rs. 20,000 by the end of 2025, as consumers spend more on various categories, including personal and household care and packaged food. Besides, pharmaceutical companies globally have started the adoption of aluminium blister packaging owing to its reliability and regulatory compliance.

“The packaging industry is crucial for both consumer and pharma companies as it serves as a strategy to attract consumer attention, improve quality perception, and use newer and more environment-friendly materials. These trends have led to a rapid adoption of flexographic printing.”

Goel added, “As a leading flexo plates manufacturer, our clients globally trust us in its sustainability journey and to improve brand packaging aesthetics to help their products stand out in a sea of competition on retail shelves.”

Wahren India, a company subsidiary, offers AluAlu foil-based solutions to pharma majors. Since June 2023, their packaging unit has achieved complete operational stability. “The pharma sector has continued to push boundaries regarding packaging innovation. With Wahren – our dedicated venture to capitalise on AluAlu Foils packaging- we are expanding our realm and, more importantly, tapping a high revenue, high-margin segment”, said Goel.