Prataap Snacks Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Public issue of up to 5,137,966 equity shares of face value of Rs. 5 each (the "equity shares") of Prataap Snacks Limited (the "company") for Cash at a price of Rs. 938* per equity share (including a share premium of Rs. 933 per equity share) aggregating up to Rs. 481.56^ Crores (the "issue") consisting of a fresh issue of 2,132,196^ equity shares aggregating up to Rs. 199.84^ Crores** and an offer for sale of up to 3,005,770 Equity shares including up to 369,451 equity shares by Sequoia Capital GFIV Mauritius Investments ("SCG") and up to 94,266 equity shares by Sequoia Capital India Growth Investment Holdings I ("SCI-GIH") (collectively referred to as the "investor selling shareholders"), up to 1,317,093 equity shares by sci growth investments ii ("sci"), up to 183,740 equity shares by Arvind Mehta, up to 139,200 equity shares by Naveen Mehta, up to 139,200 equity shares by arun mehta, up to 361,920 equity shares by Rajesh Mehta, up to 66,820 equity shares by Kanta mehta, up to 77,950 equity shares by Premlata Kumat, up to 22,270 equity shares by Swati Bapna, up to 116,930 equity shares by Apoorva Kumat and up to 116,930 equity shares by Amit Kumat (together, the "promoter selling shareholders", and together with the investor selling Shareholders, the "selling shareholders"). The issue includes a reservation of up to 42,000 equity shares aggregating to Rs. 3.56 Crores For subscription by eligible employees (as defined herein) ("employee reservation portion"). The issue less employee reservation Portion is referred to as the "net issue". The issue and the net issue will constitute 21.91% and 21.73% respectively, of the post issue paidup Equity share capital of the company. The face value of equity shares is Rs. 5 each. The offer price is Rs. 938 per equity share and is 187.60 times the face value of the equity shares. * employee discount of Rs. 90 per equity share to the issue price was offered to the eligible employees bidding in the employee reservation portion. **the company has undertaken a private placement of 533,000 equity shares for a cash consideration of Rs. 50 Crores ("pre-ipo"). The size of the fresh issue as disclosed in the draft red herring Prospectus dated june 21, 2017 being Rs. 250 Crores has been reduced accordingly. ^ subject to finalisation of the basis of allotment
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- which may adversely affect Company's business, financial condition and results of operations.
- Any actual or alleged contamination or deterioration of Company's products or any negative publicity or media reports related to its products or its raw materials could result in legal liability, damage its reputation and adversely affect its business prospects and consequently its financial performance.
- Inadequate or interrupted supply and price fluctuation of its raw materials and packaging materials could adversely affect its business, results of operations, cash flows, profitability and financial condition.
- Company operate in a highly competitive industry. An inability to maintain its competitive position may adversely affect its business, prospects and future financial performance.
- Failure to develop, launch and market new products due to unpredictable consumer preferences may have a material adverse effect on its business, results of operations, profitability and financial condition.