Prataap Snacks was one of the top six Indian snack food companies in terms of revenues in 2016, and among the fastest growing companies in the Indian organised snack market between 2010 and 2016. We are present in three major savoury snack food categories in India and all our products are sold under the Yellow Diamond brand.
Our diversified product portfolio enables us to cater to a wide range of taste preferences and consumer segments, including adults and children. Our products in the Extruded Snacks category are primarily targeted at the youth and children while our Potato Chips and Namkeen category of snacks are for all consume segments.
We have set up a pan-India distribution network supported by strategically located manufacturing facilities.
Prataap Snacks Plans To Launch IPO In Two Months
Our wide network of super stockists and distributors is supported by our large team of sales representatives and arrangements with various modern retail outlets. As of March 31, 2017, our distribution network included 205 super stockists across 26 States and one Union Territory in India and over 3,400 distributors. As of the date of this Draft Red Herring Prospectus, we own and operate three manufacturing facilities, one located at Indore, Madhya Pradesh and the other two located at Guwahati, Assam.
In addition, as of the date of this Draft Red Herring Prospectus, we have engaged two facilities on contract manufacturing basis, located at Bengaluru, Karnataka and at Kolkata, West Bengal.
Promoters of Prataap Snacks – SCI Growth Investments II, Arvind Mehta, Amit Kumat, Apoorva Kumat, Rajesh Mehta, Naveen Mehta, Arun Mehta, Kanta
Mehta, Rita Mehta, Premlata Kumat, Swati Bapna, Rakhi Kumat and Sandhya Kumat
|Prataap Snacks IPO details|
|Subscription Dates||22 – 26 September 2017|
|Price Band||INR930 – 938 per share|
|Fresh issue||INR250 crore|
|Offer For Sale||3,005,770 shares (INR279.53 – 281.94 crore)|
|Total IPO size||INR529.53 – 531.94 crore|
|Minimum bid (lot size)||15 shares|
|Face Value||INR5 per share|
|Listing On||NSE, BSE|
|Prataap Snacks’ financial performance (in INR crore)|
|Profit after tax||14.9||5.4||9.9||27.4||9.9|
Prataap Snacks Limited
Khasra No 378/2, Nemawar Road,
Near Makrand House,
Indore 452 020
Phone: +91 731 243 7621
Fax: +91 731 243 7605
Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Earnings Per Share (EPS): INR4.77
Price/Earnings (P/E) ratio: 194.96 – 196.64
Return on Net Worth (RONW): 4.15%
Net Asset Value (NAV): INR114.66 per share
Prataap Snacks IPO Subscription Details
|Category||Shares offered||Subscription (no.
of times, at 5 PM)
|Day 1||Day 2||Day 3|
Prataap Snacks IPO allotment status is now available on Karvy Computershare’s website.
Click on this linkto get allotment status. You can also check allotment status using application number on this link.
IPO Opening Date: 22 September 2017
IPO Closing Date: 26 September 2017
Finalisation of Basis of Allotment: 29 September 2017
Initiation of refunds: 3 October 2017
Transfer of shares to demat accounts: 4 October 2017
Listing Date: 5 October 2017
Listing Price on NSE: INR1,270 per share (up 35.39% from IPO price)
Closing Price on NSE: INR1,180.65 per share (up 25.86% from IPO price)