Sep 22 , 2017 - Sep 26, 2017
Rs.930 – Rs.938per Equity Share
It is one of the top six Indian snack food companies in terms of revenues in 2016, and among the fastest growing companies in the Indian organized snack market between 2010 and 2016.(Source: FS Report). It is present in three major savory snack food categories in India i.e. Extruded Snacks, Chips and Namkeen, with a pan‐India distribution network. All their products are sold under the “Yellow Diamond” brand.
It differentiates itself from the competitors through introduction of new products, including launching innovative flavours targeted at addressing consumer taste, market trends and providing superior value to consumers. Its diversified product portfolio enables it to cater to a wide range of taste preferences and consumer segments, including adults and children. 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 consumer segments.
|Issuer||Prataap Snacks Limited. (View Report)|
|Issue Type||100% Book Built Issue IPO|
|Issue Period||Issue Opens: Sep 22, 2017|
|Issue Closes: Sep 26, 2017|
|Price Brand||Rs.930 – Rs.938per Equity Share|
|Issue Size(Rs.)||Fresh issue of Rs. 2000 million and offer for sale of 30,05,770 equity shares.|
|Face Value||Rs.5 per Equity Share|
|Minimum Order Quantity Retail:||15 Shares and in multiples there of|
|QIB*||50% of the issue size (25,68,983 Equity Shares*)|
|NIB||15% of the issue size(7,70,694 Equity Shares*)|
|Retail Individual Bidders||35% of the issue size (17,98,288 Equity Shares*)|
|Registrar||Karvy Computershare Pvt Ltd|
|Listing||NSE & BSE|
|Book Running Lead Managers||Edelweiss, JM Financial, Spark Capital|
Public issue of 51,37,966 equity sharesof Rs. 10/-each (“equity shares”) of Prataap Snacks Limited (Company or Issuer).