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Home › IPOs › Prataap Snacks Ltd.
PR
Prataap Snacks Ltd.
CLOSED NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Prataap Snacks IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹938
Issue Price: ₹ 938
Issue Price
₹938
Face Value
₹5
Lot Size
15 shares
Open Date
22 Sep 2017
Close Date
26 Sep 2017
Allotment
29 Sep 2017
Listing Date
05 Oct 2017
Exchange
NSE & BSE
Prataap Snacks IPO About the Company

Incorporated in 2009, Prataap Snacks is Indore, MP based Indian Snack Food Company. Prataap Snacks sell products under the brand name "Yellow Diamond". Company is among the top 6 Indian organized snack market.

Prataap Snacks has a diversified product portfolio including traditional and western snacks. Company manufacture and sell it's snacks under three major savory snack food categories:

1. Extruded Snacks: Processed, reconstituted and shaped potato or cereal based snacks. This includes Puffs, Rings, Pellets and Chulbule products.
2. Chips: Fried, sliced chips or crisps made from potatoes, hummus, lentils.
3. Namkeen: Traditional savoury Indian snack which includes products such as moong dal, masala or fried nuts, sev and bhujia.

In Fiscal 2017, revenue from Extruded Snacks, Chips and Namkeen represented 62.99%, 23.85%, and 12.23%, respectively

Company has pan-India distribution network supported by strategically located manufacturing facilities. Company's distribution network included 205 super stockists and over 3,400 distributors.

Prataap Snacks own and operate three manufacturing facilities, one located at Indore and the other two located at Guwahati, Assam.

...read more
Prataap Snacks IPO Objects of the Issue
Purpose Amount (₹ Cr)
1 Repayment/pre-payment, in full or part, of certain borrowings availed by the Company ₹130
2 Funding capital expenditure requirements in relation to expansion (including through setting up of a new production line and construction of a building) and modernisation at certain of the existing manufacturing facilities ₹670
3 Investment in the Subsidiary, Pure N Sure, for repayment/pre-payment of certain borrowings availed by the Subsidiary ₹294
4 Marketing and brand building activities ₹400
5 General corporate purposes ₹368
Prataap Snacks IPO Lead Managers
Edelweiss Financial Services Ltd. JM Financial Ltd. Spark Capital Advisors (India) Pvt.Ltd.
Financial Summary Amount In Crore
Metric 31-Mar-17 31-Mar-16 31-Mar-15
Total Assets 427 341 299
Revenue 905 758 561
PAT 10 27 10
Issue Details
Total Shares Offered
5,137,966 (100%)
Pre-Issue Shareholding
21,320,840 shares
Post-Issue Shareholding
23,453,036 shares
UPI Mandate
26 Sep 2017
IPO Analytics Dashboard
LIVE
Prataap Snacks IPO GMP Insights
👤
Retail Demand
Good
💼
HNI Interest
Good
🏦
QIB Demand
Strong
📊
Valuation
Moderate
Prataap Snacks IPO GMP Strength Score
7 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Prataap Snacks IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB — 2,547,982 (50%) —
💼 NII / HNI — 764,395 (15%) —
👤 Retail (RII) — 1,783,589 (35%) —
🧑‍💼 Employee — 42,000 (1%) —
Σ Total — 5,137,966 (100%) —

* Amount calculated at upper price band (₹938) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
🏦
QIB ? 2,547,982 (50%)
50%
💼
NII / HNI ? 764,395 (15%)
15%
👤
Retail (RII) ? 1,783,589 (35%)
35%
🧑‍💼
Employee ? 42,000 (1%)
1%
Total Shares Offered 5,137,966 (100%)
Prataap Snacks IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 15
Min. Investment ₹14,070
💼 HNI Investors ?
Min. Lots 15
Min. Shares 225
Min. Investment ₹211,050
🏛️ bHNI (>₹10L) ?
Min. Lots 72
Min. Shares 1,080
Min. Investment ₹1,013,040
Prataap Snacks IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 03 Oct 2017
  2. 2 📂 Credit of Shares to Demat 04 Oct 2017
  3. 3 🔒 Lock-in Period (30%) October 29, 2017
  4. 4 🔒 Lock-in Period (50%) December 28, 2017
Investor Interpretation
  • Retail allocation is good at 35% of the total offering.
  • HNI/NII demand is good at 15%.
  • Institutional (QIB) interest is strong at 50%.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

STOCK PRICE HISTORY  ·  NSE
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Issue Price: ₹ 938  ·  Symbol: —
H —
L —
O —
Prataap Snacks IPO Company Info
📍 Khasra No 378/2, Nemawar Road, Near Makrand House, Indore 452 020 Indore, Madhya Pradesh
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Prataap Snacks IPO Registrar
Kfin Technologies Ltd.
Check Allotment Status
Prataap Snacks IPO FAQs
Prataap Snacks IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Prataap Snacks IPO is ₹938 per share. One lot has 15 shares, so the minimum investment is about ₹14,070. It is a Fresh Capital-cum-Offer for Sale issue.
Prataap Snacks IPO opened on 22 Sep 2017 and closed on 26 Sep 2017. Allotment is tentatively finalised on 29 Sep 2017. Shares are listed on NSE & BSE on 05 Oct 2017.
Incorporated in 2009, Prataap Snacks is Indore, MP based Indian Snack Food Company. Prataap Snacks sell products under the brand name "Yellow Diamond". Company is among the top 6 Indian organized snack market.
As per the offer document, Prataap Snacks plans to use the IPO proceeds for: 1 Repayment/pre-payment, in full or part, of certain borrowings availed by the Company (₹130); 2 Funding capital expenditure requirements in relation to expansion (including through setting up of a new production line and construction of a building) and modernisation at certain of the existing manufacturing facilities (₹670); 3 Investment in the Subsidiary, Pure N Sure, for repayment/pre-payment of certain borrowings availed by the Subsidiary (₹294); 4 Marketing and brand building activities (₹400); 5 General corporate purposes (₹368).
The lead managers of Prataap Snacks IPO are Edelweiss Financial Services Ltd., JM Financial Ltd., Spark Capital Advisors (India) Pvt.Ltd..
Prataap Snacks IPO is proposed to list on NSE & BSE; it is a Bookbuilding IPO and the issue is a Fresh Capital-cum-Offer for Sale.
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