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Prataap Snacks Limited IPO (Prataap Snacks) Detail

Sep 22, 2017 - Sep 26, 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.

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.

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

Objects of the Issue

The Issue comprises the Fresh Issue and the Offer for Sale.

1. Offer for Sale
Each of the Selling Shareholders will be entitled to their respective portion of the proceeds from the Offer for Sale. Company will not receive any proceeds from the Offer for Sale.

2. Fresh Issue
Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

A. Repayment/pre-payment, in full or part, of certain borrowings availed by the Company;
B. Funding capital expenditure requirements in relation to expansion and modernisation at certain of our existing manufacturing facilities;
C. Investment in its Subsidiary, Pure N Sure, towards enabling the repayment/pre-payment of certain borrowings availed of by our Subsidiary;
D. Marketing and brand-building activities; and
E. General corporate purposes.

Prataap Snacks Details

Prataap Snacks Date Sep 22, 2017 to Sep 26, 2017
Prataap Snacks Face Value ₹5 per share
Prataap Snacks Price ₹930 to ₹938 per share
Prataap Snacks Lot Size 15 Shares
Issue Size5,137,966 shares of ₹5
(aggregating up to ₹481.56 Cr)
Fresh Issue[.] shares of ₹5
(aggregating up to ₹200.00 Cr)
Offer for Sale3,005,770 shares of ₹5
(aggregating up to ₹[.] Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

The Promoters of the Company 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.

Prataap Snacks Timeline (Tentative Timetable)

Prataap Snacks opens on Sep 22, 2017, and closes on Sep 26, 2017. The Prataap Snacks bid date is from Sep 22, 2017 10.00 A.M. to Sep 26, 2017 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Event Date
Prataap Snacks Opening Date Sep 22, 2017
Prataap Snacks Closing Date Sep 26, 2017
Basis of Allotment Sep 29, 2017
Initiation of Refunds Oct 3, 2017
Credit of Shares to Demat Oct 4, 2017
Prataap Snacks Listing Date Oct 5, 2017

Prataap Snacks Lot Size

The Prataap Snacks lot size is 15 shares. A retail-individual investor can apply for up to 14 lots (210 shares or ₹196,980).

Application Lots Shares Amount
Minimum 1 15 ₹14,070
Maximum 14 210 ₹196,980

Prataap Snacks Review

Although issue is priced aggressively, considering the future prospects of snack foods post GST regime and new product launch plans of the company, management is confident for bright prospects ahead. In light of such developments, investment may be considered for medium to long term. Read detail review...


Prataap Snacks Subscription Status (Bidding Detail)

The Prataap Snacks is subscribed 47.39 times on Sep 26, 2017 5:00:00 PM. The public issue subscribed 8.48 times in the retail category, 76.89 times in the QIB category, and 101.15 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB76.89
NII101.15
Retail8.48
Employee1.50
Total47.39

Prataap Snacks Prospectus

Prataap Snacks Rating

1251
4.0
Rating:Rated 4.0 stars
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Prataap Snacks Listing Date

Listing Date Thursday, October 5, 2017
BSE Script Code 540724
NSE Symbol DIAMONDYD
Listing In B Group of Securities
ISIN INE393P01035
IPO Price ₹938 per share
Face Value ₹5 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹938.00
₹1,250.00
₹1,137.00
₹1,317.05
₹1,178.30
NSE
₹938.00
₹1,270.00
₹1,133.70
₹1,318.80
₹1,180.65

Company Contact Information

Prataap Snacks Limited
Khasra No 378/2, Nemawar Road,
Near Makrand House,
Indore 452 020
Phone: (91 731) 243 7621
Email: complianceofficer@yellowdiamond.in
Website: http://www.yellowdiamond.in

Prataap Snacks Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: prataap.ipo@karvy.com
Website: https://karisma.kfintech.com/

Prataap Snacks Review

Prataap Snacks Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 2 0 0
Members 0 0 0

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IPO Broker Recommendations

Prataap Snacks FAQs

Prataap Snacks is a main-board IPO of 5,137,966 equity shares of the face value of ₹5 aggregating up to ₹481.56 Crores. The issue is priced at ₹930 to ₹938 per share. The minimum order quantity is 15 Shares.

The IPO opens on Sep 22, 2017, and closes on Sep 26, 2017.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Prataap Snacks opens on Sep 22, 2017 and closes on Sep 26, 2017.

Prataap Snacks lot size is 15 Shares and the minimum order quantity is .

You can apply in Prataap Snacks online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Prataap Snacks will be done on Sep 29, 2017, and the allotted shares will be credited to your demat account by Oct 4, 2017. Check the Prataap Snacks allotment status.

The Prataap Snacks listing date is on Thursday, October 5, 2017.
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Prataap Snacks Message Board

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1437 Comments

758. Solution of Queries |   Link |Oct 14, 2017 3:19:18 PM
IPO Guru IPO Guru (1100+ Posts, 1400+ Likes)
markets already record high , if market correct from this level ......it will badly down

so dont make new position in it...Be alert !!
757. Chhota Golu |   Link |Oct 11, 2017 5:54:03 PM
God bless you Diamond Rings....
2/5 Lots alloted & half profit booked...
Thank you Mishra Uncle for your extra support....
756. Ankitxyz |   Link |Oct 11, 2017 4:18:49 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
It will correct for sure in short term. Don''t buy above 1100
755. Solution of Queries |   Link |Oct 11, 2017 12:26:20 PM
IPO Guru IPO Guru (1100+ Posts, 1400+ Likes)
Better options available in last some listed ipo''s instead of pratap at this level !!

Going wtih pure operator game.
755.1. Ankitxyz |   Link |Oct 11, 2017 4:15:17 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Agree @SoQ
754. Solution of Queries |   Link |Oct 11, 2017 12:27:40 PM
IPO Guru IPO Guru (1100+ Posts, 1400+ Likes)
In pratap snacks at this level :-

Upside tgt. limited
downside tgt. open

753. manjitsingh |   Link |Oct 11, 2017 11:56:47 AM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
ONCE IT CROSS 1300 RS AND CLOSE ABOVE IT FOR 2 DAYS 1490 IS NEXT TARGET
752. Ankitxyz |   Link |Oct 9, 2017 12:32:31 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Will not find place above 1100 in short term even if sbi mutual fund bought
752.2. Ankitxyz |   Link |Oct 9, 2017 10:03:20 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Pajjii Gusaaa mat kro ....price market se decide hota hai ..nahi mai ...nahi aap. For your informTION , SBI mutual funds has also acquired a 5 % stake in Dixon at 2950. Since then share price has fallen by 9 % . To pajji SBI kharidta hai to koi Gaurantee nahi hai Upward move ki
752.3. Arup jamshed |   Link |Oct 9, 2017 10:46:05 PM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Ankitxyz ,market ka disha or dasha somojna itna bhi aassan nhi hay kiuki SBI ne Shankara v kharida tha lower level may.
751. manjitsingh |   Link |Oct 9, 2017 8:53:01 AM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
SBI mutual fund buys 11 lakh shares off pratap snacks 4.5 % stake ...
751.1. manjitsingh |   Link |Oct 9, 2017 10:22:34 AM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
With 8 diffrent schems .......
750. gamble |   Link |Oct 7, 2017 7:40:11 AM
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Why fall in trap of 100-150-200 PE while u have much better option frm secondary mkt with somewhat(!!) comparable model.

KwaLity ltd (102)

M. Cap 2440 cr vs sales 6800+ cr, PE below 20
750.10. gamble |   Link |Oct 9, 2017 9:49:36 AM
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
*but mkt hv so many financial powerhouse.
750.11. gamble |   Link |Oct 9, 2017 9:51:27 AM
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Why not able to post the whole line?

In short brought alternative capacit''E.
749. ABG |   Link |Oct 9, 2017 1:48:11 AM
Ankur

why are you comparing dmart with prataap ? Dmart has maintained consistent top & bottom line + around 4% profit margin still trading at pe130 only whereas prataap 2% profit margin, inconsistent bottom line & pe 190 pe (2016-17).
748. Solution of Queries |   Link |Oct 6, 2017 2:34:07 PM
IPO Guru IPO Guru (1100+ Posts, 1400+ Likes)
hahahahahah what a game by operators ,

prataap snacks running even after such high valuations

but capacit''e infra not running after such attractive price.........

Ram jane ky hoga...............???????????
748.9. ABG |   Link |Oct 6, 2017 11:31:12 PM
Thank you Gamblebhai....You r the most interactive member of this forum. I like your attitude of sharing knowledge without any arrogance & replying to each small query that is asked.
748.10. CA Pratik |   Link |Oct 7, 2017 2:39:41 PM
Capacite Infra Friday Delivery 48%
Will Jump anytime to Surprise us all
747. Chem cho |   Link |Oct 6, 2017 4:17:33 PM
IPO Guru IPO Guru (2400+ Posts, 2600+ Likes)
Breaks record , all shares mostly sold out by retailers
747.1. Solution of Queries |   Link |Oct 6, 2017 8:11:14 PM
IPO Guru IPO Guru (1100+ Posts, 1400+ Likes)
Exceptions always in this world !!
747.2. ABG |   Link |Oct 6, 2017 8:46:52 PM
Some mutual funds must have entered today. Journey from 2% down to 8% up is not possible without their cooperation
746. Pawan kumar Jain |   Link |Oct 5, 2017 8:20:37 PM
Why we should apply as we do not get any share in oversubscribed Ipos


746.1. Anarchist |   Link |Oct 5, 2017 9:26:07 PM
IPO Mentor IPO Mentor (500+ Posts, 1400+ Likes)
karvy cowards allotted generously to icici Lombard applicants. they were not so kind when it came to allotting shares in the issues where listing gains prediction was no brainer. a myriad of complaints against karvy is the need of the hour. throw them out of business or they will keep disappointing you. lodge as many complaints as possible. let there be an inquiry of sorts. if it''s a game, play it fair
746.2. ShareTrader |   Link |Oct 6, 2017 6:04:07 PM
Please read how the IPO allotment works before commenting. Registrar don''t eat up lots among themselves. Jitna dena h utna to dege hi. Ab oversubscribe hua to nai milta bohot logo ko. And ICICI was not that over subscribes that''s why almost everyone got.

Registrar ki kya dushmani hogi bhai tumse??
745. ABG |   Link |Oct 5, 2017 8:39:02 PM
Does SAMCo allow short selling ? Pls let me know if anyone have any idea
745.1. ABG |   Link |Oct 5, 2017 8:39:55 PM
on listing day
745.2. dngohel |   Link |Oct 6, 2017 5:43:54 PM
Is it Possible 5 application online in BOI
744. Padali srinivasan |   Link |Oct 5, 2017 4:25:01 PM
Indian energy
Mas finance
Godrej agrovet

All these are good for listing gain as well as very good for long term investment (like for retirement)
If allotted, just forget for minimum ten years.


General insurance corp.
This may not give listing gain. But hold for a long term. It''s return would be excellent
744.1. carez |   Link |Oct 6, 2017 1:36:49 AM
nice joke!! you cannot forget stocks after investing. there is nothing like for retirement.
743. Vimal ya |   Link |Oct 5, 2017 8:19:40 PM
Join batayega papratap 1300+ Jayega. Me because Nahi Saks. Please give ans
742. Nitin Khanna |   Link |Oct 5, 2017 5:34:43 PM
Did that formula for allotment work in case of Prataap?
741. Chetanpatel |   Link |Oct 5, 2017 2:06:09 PM
Any one help me to check subscription of godrej ipo.
740. Mastram |   Link |Oct 5, 2017 11:01:03 AM
Manjit Singh paaji....aap mahaan ho....congrats to u and only u....

76.6. manjitsingh Sep 26, 2017 3:15:45 PM IST
Prataap Snacks Limited IPO

@JHHARKHANI

I just want to say say that trend towards this food industry is very positive...wheater it is exporter or manufacturer....even mere 1rs increase can impact there business very postively...

79. manjitsingh Sep 26, 2017 5:20:34 PM IST Reply
Prataap Snacks Limited IPO

From the very first day i recommended to subscribe
740.1. Mastram |   Link |Oct 5, 2017 1:51:25 PM
Gamble sir, khemka sir and Chemcho sir....really appreciate your presence on listing day....some new members are also very good...can''t name them all but better than people who give Diwali, dasera and new year target without any knowledge and if proven wrong then go hiding for long.....
739. Arjun Patel |   Link |Oct 5, 2017 1:14:58 PM
26. Arjun Patel Oct 5, 2017 1:50:25 AM IST Reply
Prataap Snacks Limited IPO

Pratap 1238+ Book profit around 1300/-



Hope Investor Booked Profit @1300.
Happy Investing
Rajkot Brokers Association
739.2. Ravi Kant |   Link |Oct 5, 2017 1:29:34 PM
Arjun Bhai
Your call on GIC, plz
739.3. Marwari |   Link |Oct 5, 2017 1:45:59 PM
What about sbi target of 750 on listing day ?