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Prataap Snacks Limited IPO

Add to Calendar 2017-09-22 12:00 AM 2017-09-26 12:00 AM Asia/Kolkata Prataap Snacks Limited IPO Prataap Snacks Limited India

Introduction: Prataap snacks is Indore based Snack food company. The company manufactures and sells its products under the brand name of yellow diamond. The company is one of the top companies in organized snack market.

Date of Establishment: Company was formed in the year 2009. 

Product & Service Offering : The prataap snacks produces traditional as well as western eatables for its customers.

Company has products under following categories:

  1. Extruded Snacks

  2. Chips

  3. Namkeen

Customer Segment: The company serves retail customers through the network of distributors and retailers . The company has a pan india presence through 3400+ distributors and 200+ super stockist  

Promoters of Prataap Snacks : Promotoers of Prataap snacks are Arvind Mehta, Amit Kumat, Apoorva Kumat, Rajesh Mehta, Naveen Mehta, Arun Mehta, Kanta Mehta, Rita Mehta, Premlata Kumat, Swati Bapna, Rakhi Kumat, Sandhya Kumat and SCI Growth Investments II.

Objects of the Issue: The Offer consists of the Fresh Issue and the Offer for Sale. The Net Proceeds would be utilized for :

  1. Repayment of loans

  2. Funding capital expenditure requirements

  3. Investments in its subsidiary

  4. Marketing & branding activities

  5. General corporate purpose

Company Financials:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. million)
  31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 4,271.75 3,414.01 2,991.31 2,798.79 2,220.65
Total Revenue 9,054.57 7,579.01 5,605.71 4,468.45 3,444.84
Profit After Tax 98.93 273.73 99.02 53.79 148.72

 

Issue Detail

  • Issue Open: Sep 22, 2017
  • Issue Close: Sep 26, 2017
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 5 Per Equity Share
  • Price Band: Rs 930 - Rs 938 Per Equity Share
  • Bid Lot:15 Shares
  • Minimum Order Quantity:15 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 481.56 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 1,028,363 767,147 1,790,008 42,000 - 3,627,518
Day 1 - Sep 22, 2017IST 0.9900 0.0200 0.2800 0.1200 - 0.4300
Day 2 - Sep 25, 2017IST 3.9100 0.1000 2.1000 0.5500 - 2.1700
Day 3 - Sep 26, 2017IST 76.8900 101.1500 8.4800 1.5000 - 47.3900

Listing Day Trading Information

- BSE NSE
Issue Price Rs 938.00 Rs 938.00
Open Rs 1,250.00 Rs 1,270.00
Low Rs 1,137.00 Rs 1,133.70
High Rs 1,317.05 Rs 1,318.80
Last Trade Rs 1,178.30 Rs 1,180.65
Volume 1,785,742 9,144,860

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