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Open
22 Sep 2017
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Close
26 Sep 2017
3
Allotment
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Listing
Thu, Oct 5, 2017
Price Band
₹930 to ₹938
Issue Size
51,37,966 shares (agg. up to ₹482 Cr)
Lot Size
15 Shares
Listing Date
Thu, Oct 5, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 33.59x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 400.09 | 344.21 | 299.04 |
| Total Income | 906.00 | 757.94 | 560.58 |
| Profit After Tax | 10.45 | 30.39 | 9.92 |
| EBITDA | 42.41 | 57.23 | 35.63 |
| NET Worth | 241.82 | 220.15 | 189.52 |
| Reserves and Surplus | 238.76 | 218.69 | 188.05 |
| Total Borrowing | 39.65 | 47.46 | 32.09 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ashok Masala Mart Ltd. | SME | ₹2.01 Cr | ₹10 | null | ₹9.50 | -5.00% | ₹8.30 (+0.00%) |
| Euro India Fresh Foods Ltd. | SME | ₹51.26 Cr | ₹78 | null | ₹89.85 | +15.19% | ₹326.55 (+1.89%) |
| Tanvi Foods (India) Ltd. | SME | ₹6.60 Cr | ₹60 | null | ₹60.25 | +0.42% | ₹58.80 (-3.23%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or part, of certain borrowings availed by the Company | 12.98 |
| 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 | 67.00 |
| 3 | Investment in the Subsidiary, Pure N Sure, for repayment/pre-payment of certain borrowings availed by the Subsidiary | 29.37 |
| 4 | Marketing and brand building activities | 40.00 |
| 5 | General corporate purposes | 36.82 |
| Total | 186.17 |
About Prataap Snacks IPO
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
Contact Details
Prataap Snacks Ltd. AddressKhasra No 378/2, Nemawar RoadNear Makrand HouseIndore, Madhya Pradesh, 452020(91 731) 243 7621complianceofficer@yellowdiamond.inVisit Website