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Prataap Snacks Limited IPO (Prataap Snacks) Detail

September 22, 2017 - September 26, 2017

Prataap Snacks is a book built issue of Rs 481.56 crores. The issue comprises of fresh issue of Rs 200.00 crore and offer for sale of 0.3 crore shares.

Prataap Snacks bidding started from September 22, 2017 and ended on September 26, 2017. The allotment for Prataap Snacks was finalized on Friday, September 29, 2017. The shares got listed on BSE, NSE on October 5, 2017.

Prataap Snacks price band is set at ₹930 to ₹938 per share. The minimum lot size for an application is 15 Shares. The minimum amount of investment required by retail investors is ₹14,070.

Edelweiss Financial Services Ltd, Jm Financial Limited and Spark Capital Advisors (India) Private Limited are the book running lead managers of the Prataap Snacks, while Kfin Technologies Limited is the registrar for the issue.

Refer to Prataap Snacks DRHP for detailed information.

Prataap Snacks Details

IPO Date September 22, 2017 to September 26, 2017
Listing Date October 5, 2017
Face Value ₹5 per share
Price Band ₹930 to ₹938 per share
Lot Size 15 Shares
Total Issue Size5,137,966 shares
(aggregating up to ₹481.56 Cr)
Fresh Issue[.] shares
(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

Prataap Snacks Reservation

Prataap Snacks offers 3,627,518 shares. 1,028,363 (28.35%) to QIB, 767,147 (21.15%) to NII, 1,790,008 (49.35%) to RII, 42,000 (1.16%) to employees. 119,333 RIIs will receive minimum 15 shares and (sNII) and (bNII) will receive minimum 225 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered1,028,363 (28.35%)NA
NII (HNI) Shares Offered767,147 (21.15%)
Retail Shares Offered1,790,008 (49.35%)119,333
Employee Shares Offered42,000 (1.16%)NA
Total Shares Offered3,627,518 (100%)

Prataap Snacks Timeline (Tentative Schedule)

Prataap Snacks opens on September 22, 2017, and closes on September 26, 2017.

IPO Open Date Friday, September 22, 2017
IPO Close Date Tuesday, September 26, 2017
Basis of Allotment Friday, September 29, 2017
Initiation of Refunds Tuesday, October 3, 2017
Credit of Shares to Demat Wednesday, October 4, 2017
Listing Date Thursday, October 5, 2017
Cut-off time for UPI mandate confirmation 5 PM on September 26, 2017

Prataap Snacks Lot Size

Investors can bid for a minimum of 15 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 15 ₹14,070
Retail (Max) 14 210 ₹196,980
Lot Size Calculator

About Prataap Snacks Limited

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 (Prataap Snacks Objectives)

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 Review (Apply)

[Dilip Davda]  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 September 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
Vote Here ...

Prataap Snacks Listing Details

Listing Date October 5, 2017
BSE Script Code 540724
NSE Symbol DIAMONDYD
ISIN INE393P01035
Final Issue Price ₹938 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue 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

Check IPO Performance…

Prataap Snacks Limited Contact Details

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://kosmic.kfintech.com/ipostatus/

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 September 22, 2017, and closes on September 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 September 22, 2017 and closes on September 26, 2017.

Prataap Snacks lot size is 15 Shares, and the minimum amount required is ₹14,070.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

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

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1437 Comments

758. Solution of Queries |   Link |  Bookmark |October 14, 2017 4:19:18 PM (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 |  Bookmark |October 11, 2017 6:54:03 PM
God bless you Diamond Rings....
2/5 Lots alloted & half profit booked...
Thank you Mishra Uncle for your extra support....
756. Ankitxyz |   Link |  Bookmark |October 11, 2017 5:18:49 PM (300+ Posts, 300+ Likes)
It will correct for sure in short term. Don''t buy above 1100
755. Solution of Queries |   Link |  Bookmark |October 11, 2017 1:26:20 PM (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 |  Bookmark |October 11, 2017 5:15:17 PM (300+ Posts, 300+ Likes)
Agree @SoQ
754. Solution of Queries |   Link |  Bookmark |October 11, 2017 1:27:40 PM (1100+ Posts, 1400+ Likes)
In pratap snacks at this level :-

Upside tgt. limited
downside tgt. open

753. manjitsingh |   Link |  Bookmark |October 11, 2017 12:56:47 PM (900+ Posts, 900+ Likes)
ONCE IT CROSS 1300 RS AND CLOSE ABOVE IT FOR 2 DAYS 1490 IS NEXT TARGET
752. Ankitxyz |   Link |  Bookmark |October 9, 2017 1:32:31 PM (300+ Posts, 300+ Likes)
Will not find place above 1100 in short term even if sbi mutual fund bought
752.2. Ankitxyz |   Link |  Bookmark |October 9, 2017 11:03:20 PM (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 |  Bookmark |October 9, 2017 11:46:05 PM (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 |  Bookmark |October 9, 2017 9:53:01 AM (900+ Posts, 900+ Likes)
SBI mutual fund buys 11 lakh shares off pratap snacks 4.5 % stake ...
751.1. manjitsingh |   Link |  Bookmark |October 9, 2017 11:22:34 AM (900+ Posts, 900+ Likes)
With 8 diffrent schems .......
750. gamble |   Link |  Bookmark |October 7, 2017 8:40:11 AM (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 |  Bookmark |October 9, 2017 10:49:36 AM (1600+ Posts, 3900+ Likes)
*but mkt hv so many financial powerhouse.
750.11. gamble |   Link |  Bookmark |October 9, 2017 10:51:27 AM (1600+ Posts, 3900+ Likes)
Why not able to post the whole line?

In short brought alternative capacit''E.
749. ABG |   Link |  Bookmark |October 9, 2017 2:48:11 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 |  Bookmark |October 6, 2017 3:34:07 PM (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 |  Bookmark |October 7, 2017 12:31:12 AM
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 |  Bookmark |October 7, 2017 3:39:41 PM
Capacite Infra Friday Delivery 48%
Will Jump anytime to Surprise us all
747. Chem cho |   Link |  Bookmark |October 6, 2017 5:17:33 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
Breaks record , all shares mostly sold out by retailers
747.1. Solution of Queries |   Link |  Bookmark |October 6, 2017 9:11:14 PM (1100+ Posts, 1400+ Likes)
Exceptions always in this world !!
747.2. ABG |   Link |  Bookmark |October 6, 2017 9:46:52 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 |  Bookmark |October 5, 2017 9:20:37 PM
Why we should apply as we do not get any share in oversubscribed Ipos


746.1. Anarchist |   Link |  Bookmark |October 5, 2017 10:26:07 PM (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 |  Bookmark |October 6, 2017 7:04:07 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 |  Bookmark |October 5, 2017 9:39:02 PM
Does SAMCo allow short selling ? Pls let me know if anyone have any idea
745.1. ABG |   Link |  Bookmark |October 5, 2017 9:39:55 PM
on listing day
745.2. dngohel |   Link |  Bookmark |October 6, 2017 6:43:54 PM
Is it Possible 5 application online in BOI
744. Padali srinivasan |   Link |  Bookmark |October 5, 2017 5:25:01 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 |  Bookmark |October 6, 2017 2:36:49 AM
nice joke!! you cannot forget stocks after investing. there is nothing like for retirement.
743. Vimal ya |   Link |  Bookmark |October 5, 2017 9:19:40 PM
Join batayega papratap 1300+ Jayega. Me because Nahi Saks. Please give ans
742. Nitin Khanna |   Link |  Bookmark |October 5, 2017 6:34:43 PM
Did that formula for allotment work in case of Prataap?
741. Chetanpatel |   Link |  Bookmark |October 5, 2017 3:06:09 PM
Any one help me to check subscription of godrej ipo.
740. Mastram |   Link |  Bookmark |October 5, 2017 12:01:03 PM
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 |  Bookmark |October 5, 2017 2:51:25 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 |  Bookmark |October 5, 2017 2:14:58 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 |  Bookmark |October 5, 2017 2:29:34 PM
Arjun Bhai
Your call on GIC, plz
739.3. Marwari |   Link |  Bookmark |October 5, 2017 2:45:59 PM
What about sbi target of 750 on listing day ?