Prataap Snacks Ipo Valuation

Prataap snacks ipo valuation

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.

Prataap Snacks IPO detailed Review

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. Our wide network of super stockists and distributors is supported by our large team of sales representatives and arrangements with various modern retail outlets.

Prataap snacks ipo valuation

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.

Prataap snacks ipo valuation

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 Dates22 – 26 September 2017
Price BandINR930 – 938 per share
Fresh issueINR250 crore
Offer For Sale3,005,770 shares (INR279.53 – 281.94 crore)
Total IPO sizeINR529.53 – 531.94 crore
Minimum bid (lot size)15 shares
Face Value INR5 per share
Retail Allocation35%
Listing OnNSE, BSE
Prataap Snacks’ financial performance (in INR crore)
FY2013FY2014FY2015FY2016FY2017
Total revenue344.5446.8560.6757.9905.5
Total expenses316.2425.5524.9700.7863.0
Profit after tax14.95.49.927.49.9

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
Email:
[email protected]
Website: www.yellowdiamond.in

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551 
Email:
[email protected]
Website: www.karvycomputershare.com

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

CategoryShares offeredSubscription (no.

of times, at 5 PM)

Day 1Day 2Day 3
QIB1,028,3630.993.9076.89
NII767,1470.010.10101.15
Retail1,790,0080.282.107.44
Employees42,0000.120.541.43
Total36,27,5180.422.1746.87

Prataap Snacks IPO allotment status is now available on Karvy Computershare’s website.

Prataap snacks ipo valuation

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)

Prataap snacks ipo valuation