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CRAYONS FUELLING GROWTH

BW Businessworld

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February 10, 2024

Kunal Lalani, Chairman and Managing Director of Crayons Advertising envisions the company's future by investing in technology-enabled experiential solutions across diverse verticals

- Reema Bhaduri

CRAYONS FUELLING GROWTH

SME IPOs or small and mediumsized enterprises Initial Public Offerings have become an avenue for SMEs to boost visibility, access diverse funding sources and fuel expansion plans. With Crayons Advertising, led by Chairman and Managing Director Kunal Lalani, the IPO initiated in June 2023 played a crucial role in the company’s transformative journey. The IPO fostered immense growth with an issue size of Rs 41.80 crore and a listing price of Rs 90. As of January 26, 2024, the market price has surged to Rs 237.

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