IPO

Prataap Snacks Limited IPO

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Offer Date: Sep 22, 2017 - Sep 26, 2017

₹ 14070 /15 Shares

22 Sep, 2017

Open Date

26 Sep, 2017

Close Date

30 Sep, 2017

Allotment Date

05 Oct, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 930 - Rs 938 Per Equity Share 
  • Face Value Rs 5 Per Equity Share 
  • Issue Price Fresh Issue of 21,32,000 (approx) Equity Shares of Rs 5 aggregating up to Rs 200.00 CrOffer for Sale of 3,005,770 Equity Shares of Rs 5 aggregating up to Rs 282 Cr
  • Listing at NSE, BSE
  • Lead Manager Edelweiss Capital Limited, JM Financial Consultants Private Limited, Spark Capital Advisors (India) Private Limited
  • Registrar Karvy Computershare Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


The IPO of is priced at ₹930 - 938 per equity share, which has a face value of Rs 5 Per Equity Share  each, IPO bidding starts from Sep 22, 2017 and ends on Sep 26, 2017. The allotment for IPO will be finalized on Sep 30, 2017. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 5, 2017. The company shall list its equity shares on the NSE, BSE. Karvy Computershare Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Edelweiss Capital Limited, JM Financial Consultants Private Limited, Spark Capital Advisors (India) Private Limited.


The IPO sets its price band at 930 - 938 for each share. A single application for Prataap Snacks Limited IPO must contain at least 15 shares.

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IPO Subscription Analysis And Details
Retail
7.62x
QIB
76.89x
NII
101.15x
Total
46.97x
As on QIB NII Retail Total
Shares Offered / Reserved 10,28,363 7,67,147 17,90,008 42,000
Day 1 22-09-17
0.99 x 0.02 0.29 x 0.43 x
Day 2 25-09-17
3.91 x 0.10 2.11 x 2.17 x
Day 3 26-09-17
76.89 x 101.15 7.62 x 46.97 x
Valuations
Earnings Per Share (EPS) Rs 4.22
P/E Ratio 222
RoNW 4.15%
Net Asset Value (NAV) Rs 114.66
IPO - Issue Objectives
1

Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company

2

Funding capital expenditure requirements in relation to expansion (including through setting up of a new production line and construction of a building) and modernization at certain of our existing manufacturing facilities

3

Investment in our Subsidiary, Pure N Sure, towards enabling the repayment/pre-payment of certain borrowings availed of by our Subsidiary

4

Marketing and brand-building activities

5

General Corporate purpose